Riordan Electric Fan Proposal
Riordan Electric Fan Proposal
Riordan Electric Fan Proposal
Olla S. Bartlett, Darjae Johnson, Thomas Williams
University of Phoenix
OPS/571
22 March 2012
Mahesh Singh
Riordan Electric Fan Proposal
Riordan Manufacturing manufactures many different plastic items ranging the gambit from medical devices, to bottles to electric fans. In the last year the Hangzhou plant has averaged 93% in its on-time deliveries (Apollo Group Inc., 2012). This proposal package will detail a plan for obtaining Riordan’s goal of 99% on-time delivery of the electric fans and reduce the on-hand stock of inventory to reduce costs (Apollo Group Inc., 2012). The proposal will detail a Materials Requirement Plan (MRP), a new process design for the fans, an estimated production forecast determined by past sales, and an implementation plan detailing the timeline for implementing the changes.
Materials Requirement Plan
The MRP is designed to manage resources in a manufacturing environment (Chase, Jacobs & Aquilano, 2006). MRP systems assist companies in scheduling production of inventory and assist in scheduling delivery of parts needed to complete the production in a timely manner. As previously stated Riordan’s Hangzhou plant is having difficulty in delivering fans in accordance with the company’s goal of 99% on-time delivery. An efficient MRP is the first step in reaching this goal. The Hangzhou plant produces electric fans for Riordan. The plant manufactures the plastic fan blades and housings. Materials to produce the plastic components and the electric motors for the fans are acquired from local suppliers.
Requirements
A MRP system takes inputs such as a master production schedule, inventory records and the bill of materials and correlates this information into a cohesive plan to schedule the requirement needs for raw materials and products and schedules production to facilitate producing the required amounts of the manufactured product. To do
Riordan Electric Fan Proposal
Olla S. Bartlett, Darjae Johnson, Thomas Williams
University of Phoenix
OPS/571
22 March 2012
Mahesh Singh
Riordan Electric Fan Proposal
Riordan Manufacturing manufactures many different plastic items ranging the gambit from medical devices, to bottles to electric fans. In the last year the Hangzhou plant has averaged 93% in its on-time deliveries (Apollo Group Inc., 2012). This proposal package will detail a plan for obtaining Riordan’s goal of 99% on-time delivery of the electric fans and reduce the on-hand stock of inventory to reduce costs (Apollo Group Inc., 2012). The proposal will detail a Materials Requirement Plan (MRP), a new process design for the fans, an estimated production forecast determined by past sales, and an implementation plan detailing the timeline for implementing the changes.
Materials Requirement Plan
The MRP is designed to manage resources in a manufacturing environment (Chase, Jacobs & Aquilano, 2006). MRP systems assist companies in scheduling production of inventory and assist in scheduling delivery of parts needed to complete the production in a timely manner. As previously stated Riordan’s Hangzhou plant is having difficulty in delivering fans in accordance with the company’s goal of 99% on-time delivery. An efficient MRP is the first step in reaching this goal. The Hangzhou plant produces electric fans for Riordan. The plant manufactures the plastic fan blades and housings. Materials to produce the plastic components and the electric motors for the fans are acquired from local suppliers.
Requirements
A MRP system takes inputs such as a master production schedule, inventory records and the bill of materials and correlates this information into a cohesive plan to schedule the requirement needs for raw materials and products and schedules production to facilitate producing the required amounts of the manufactured product. To do
References: Apollo Group Inc. (2012). Riordan Manufacturing [Multimedia]. Retrieved from Apollo Group Inc, OPS571 website. Beasley, J. E. (n.d.). OR notes. Retrieved from http://people.brunel.ac.uk/~mastjjb/jeb/or/mrp.html Chase, R. B., Jacobs, F. R., & Aquilano, N. J. (2006). Operations management for competitive advantage (11th ed.). Retrieved from The University of Phoenix eBook Collection. Continental Design and Engineering. (2008). The lean manfacturing handbook. Retrieved from http://continental-design.com/lean-manufacturing/handbook-1.html The Economist. (2009). Lean Production. Retrieved from http://www.economist.com/node/14299730 l