Homework: Production Management
Length: 2000 to 2500 words.
Task Objective: To design, plan and organize a new manufacturing plant following the learnings from this class. This homework is individual. Enjoy and learn! Table of contents:
1) Decide the name of your company. It could be real or made up.
2) Think of a new product that your company needs to start producing.
3) Define the production process that will result in the creation of your product:
a) What would be the inputs,
b) What transformations will the inputs undergo,
c) What would be the outputs.
4) Choose the production system appropriate for your plant: continuous, mass, batch or job-shop production. Explain the reasons for your choice.
5) Choose your plant location: a. Choose a country, a region, and a site within that region. b. Use the "Factor rating method" to justify your decision.
6) Draw a layout for your plant. Is it a product or process type of layout?
7) Define what types of material handling equipment you will use for your plant at the different steps of the process according to the previously chosen layout.
8) Choose one of the inputs to your process that needs to be procured from an external provider and establish the economic order of quantity. Estimate the different parameters as you deem appropriate (annual usage, order cost and carrying cost).
9) Decide if JIT is appropriate for your plant and provide the reasons for your decision.
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.