Ask Statistics and Probability Expert

Purpose
To assess your ability to
• Perform a manual MRP explosion.
• Discuss the good and bad points of the MRP implementation.
• Recommend how to improve the resource planning process.
• Integrate established operation management principles into the discussion.
• Write a business report based on 5-step critical thinking decision making model.

Action Items

1. Review the Brief Rubric - Franklin Fan Company-MRP.

2. Read the Franklin Fan Company - MRP case.
Case Background: You are to take on the role of Marley. Address your brief to Dan Block and Ed Spriggs. Your instructor will review the MPS portion of the MRP explosion with you before the MRP explosion can be completed.

a. Business Brief header - The first half of opening paragraph is to provide a synopsis of the current MRP system. The second half of the opening paragraph is state the problem (From Step 1 of the model).

b. Analysis header - The analytical section should be based on your personal assessment of the information you obtained from Steps 2 and 3 of the model. Provide only key relevant information and logical discussion in support of your findings.
c. Conclusion header - This section should state your recommendation based on your analysis of the case information and situation outcome. (From Step 4 of the model). Your recommendation should be supported by your analysis section.
d. Recommendation
e. At least 5 references

1. Download the 5-Step Critical-Thinking Decision-Making Model.
a. Complete Step 1: Identify the problem(s) and uncertainties based on the assigned problem.
b. Complete Step 2: Obtain Information addressing the problem(s) from Step 1 and the following:
i. A manual MRP explosion for the ceiling fan for the next 6 weeks (beginning with the current week).
ii. A manual MRP explosion for the personal fan for the next 6 weeks (beginning with the current week).
iii. Identification of the good and bad points of MRP implementation at the Franklin Fan Company.
iv. How can the resource planning process at Franklin Fan Company be improved upon?
c. Complete Step 3: Make predictions about the future on the matrix.
d. Complete Step 4: Make decisions by choosing among the alternatives on the matrix.

2. Review the Business Brief Guidelines and Sample Business Brief for correct MBA Business Brief formatting.
6. Attach the following appendices to your paper:
a. Appendix A: Manual MRP explosion for the ceiling fan and personal fan (completed WK6-STUDENT SPREADSHEET-FF-MRP).
b. Appendix A: Completed 5-Step Critical Thinking Decision Making Model.
c. Appendix B: Grading Rubric for the assignment.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91782691

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