Preview

styro case

Good Essays
Open Document
Open Document
1110 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
styro case
The focus of this assignment is the comparison among the three simulations (batch of 8, batch of 4, and single price flow). While watching the 3 Styro case movies provided, we needed to analyse and compare the differences among the three simulations. There are several elements to just in time manufacturing that are crucial to the successful implementation of this new manufacturing. These elements are; Group technology, Process control quality, JIT, Uniform factory load, Pull through production and Set up production. Any activity that adds costs to a product that does not add value is a waste. The simulations will be held with 3 types of colours, which are Red, Green and Black. The reason why this is a demonstration instead of a real life production process is because there is an accurate future forecast; Red 60%, Green 20% and Black 20%. Furthermore, this report will analyse the three simulations and make comparisons between these simulations.

Batch of 8
While watching the first simulation which started with an introduction and the process flow of the coming production, they divided the processes into three work stations. Furthermore, the customer will buy directly from a warehouse. There is a trucker and a maintenance worker available, the trucker will transport the material from one to the other work station, while the maintenance worker will step in when there occurs a malfunction of certain equipment used in the process.

Initially, the first production run of the red rectangular styro foam block went very well. There didn’t occur any malfunctions in this run. The supply in the red blocks were sufficient to cope with the demand of the consumer. The first stock out occurred with the green foam blocks. While there was a shortage of green, the second workstation continued to produce the red ones first. This eventually led to 2 stock outs in this process. When the second operator is going through a set-up, the first and third operators are continuing

You May Also Find These Documents Helpful

  • Powerful Essays

    MU1 Assignment 2

    • 1726 Words
    • 6 Pages

    In manufacturing companies, production is usually the most important aspect of the entire process mostly due to the high cost incurred, the staffing and the complexity of the departments involved –…

    • 1726 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    | * The problem is the new manufacturing system installed in the plant requires trained workers to successfully operate the machine and at the time the new section is scheduled to open only 4 out of 16 workers will have experience. * Having untrained workers will increase the rejection rate for output of production.…

    • 1053 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    Unit 3 Ip Econ 220

    • 697 Words
    • 3 Pages

    This paper will provide an analysis of 2 production scenarios. We will calculate costs associated with running a production facility. Furthermore, the analysis will be used to provide a basic understanding of how changes in staffing and productivity impact profit and loss.…

    • 697 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Mktg Case

    • 496 Words
    • 2 Pages

    Sanger Automotive Companies is a privately owned company, made up of eight luxury car dealerships in areas of Florida and Georgia. Sanger has become known for its customer service as well as luxury class cars and loyal customers. In September of 2011, Sanger explored the possibility of a franchise agreement with Fisker Automotive, in southeast Florida. Fisker has one of the worlds first truly luxury hybrid vehicles which was intriguing to Sanger, especially with the vacant dealership availability.…

    • 496 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Sta Travel Case

    • 1175 Words
    • 5 Pages

    STA Travel, the largest student travel agency in the world, needs to evaluate whether or not the company should establish a presence in Second Life, a growing role-playing game that many companies began to invest in around the world. STA Travel has the choice to develop a virtual marketing presence on the computer simulated virtual world of Second Life. The website would include information about destinations and help to promote events related to the real-world destinations that users will eventually want to visit.…

    • 1175 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    1.0 Production System.................................................................................................iii & iv 1.1 Inputs 1.2 Transformation of Inputs/Processes 1.3 Outputs 2.0 Decision Making............................................................................................................v 2.1 Strategic Decisions 2.2 Production, Planning and Control Decisions 3.0 Process & Product Strategy................................................................................vi & vii 3.1 Stages for introducing a new product 3.2 Technology Resources 3.3 Human Resources Used In Production & Impact of Technology on HR 3.4 Process Flow 3.5 Capacity 4.0 Facilities Strategy.................................................................................................viii & ix 4.1 Location 4.2 Factory Layout 5.0 Quality Strategy................................................................................................x, xi & xii 5.1 How is quality maintained? 5.2 Does this fit with any approaches? 6.0 Inventory Management.............................................................................................xiii 6.1 Methods of Inventory Control 7.0 Environmental Sustainability......................................................................................xiv 7.1 Issues, pressures or responsibilities surrounding the factory 8.0 Appendices.................................................................................................................xv…

    • 4168 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    Spyder Sports Case

    • 1038 Words
    • 5 Pages

    1.a) To value Spyder Active Sports Inc., we decided to use the WACC method since we can easily value its cost of assets with the data immediately available to us in the case. We first unlevered the beta’s of 7 comparable companies and took the average to get a comparable unlevered beta for Spyder (Exhibit 1). Since we are assuming Spyder is entirely equity financed, its unlevered asset beta is equal to the beta of its assets. We now have a rough estimate of Spyder’s asset beta, we can use CAPM to calculate the cost of assets of the firm (Exhibit 2). With an appropriate discount rate, we can use the WACC method to discount the company’s projected cash flows. Again, since the company is entirely comprised of equity, the cost of assets is the cost of the entire firm, so we will use it in place of WACC. Using Spyder’s pro-forma income statement, we then calculate the FCF’s for the next 4 years and discount those using our cost of assets (Exhibit 3).…

    • 1038 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Rccoleman

    • 850 Words
    • 4 Pages

    R.C.Coleman sell many types of food products to grocery store and supermarket outlets. The order request for the outlets includes many different types of products from 20 to 50. Warehouse, the R.C.Coleman current operation, they use labors to dispatch the order-picking and have the goods moved to the ware house shipping area. Now, the management decide to automate the operation because of the high cost and ow productivity for labors. After consulting with members of the engineering staff and warehouse management personnel, the director complied a list of activities associated with the project. The optimistic, most probable, and pessimistic times have also been provided for each activity.…

    • 850 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Tesla Case Stydy

    • 915 Words
    • 4 Pages

    Tesla Motors is one of the leading producers of electric cars and electric powertrains in the world. Founded in 2003 and based out of Palo Alto, California, Tesla is currently in 37 countries worldwide. Tesla currently produces 3 models, the Roadster, Model S, and the Model X. A primary issue Tesla faces is the steep prices of all three models. The least expensive model is the Tesla model S. It’s cheapest option begins at $57,400. Many experts believe that for Tesla to be successful, they will need to produce a model closer to the $30,000 range. Other critics focus on the issue of a possible takeover, or the company’s lack of liquidity options. Lastly there is the issue of global expansions. Tesla hopes to increase their number of stores worldwide by 50 throughout the next several years creating an annual cost of roughly 5-10 million dollars. Although Tesla faces ever increasing pressure to develop a more inexpensive model, I personally believe this is not the correct option. Tesla Motors offers top end, luxury vehicles that provide the distinct advantage of electric power over Tesla competitors in an industry that is moving more and more in that direction. Tesla competes against top end, automakers such as Maserati, Jaguar, Aston Martin, and Porsche. All of these competitors are internationally renowned, high end, high brand recognition companies. To be successful I suggest, Tesla focuses on their continued international expansions and marketing to created a world-renowned, top class product that incorporates their primary strength of electrically powered vehicles.…

    • 915 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Decision Analysis Task

    • 3292 Words
    • 14 Pages

    In this section of the task, as the operations consultant of Shuzworld, I present my recommendations in detail on how to improve current workflow in the plant of Schuzworld’s Shanghai production facility.…

    • 3292 Words
    • 14 Pages
    Good Essays
  • Good Essays

    Production scheduling. Operating budgets and manufacturing cost control procedures. Materials technologies. The development of capital budgets for the manufacturing area.…

    • 871 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Scm 372

    • 2623 Words
    • 11 Pages

    Please do not miss your exam date. Any make up exam will be significantly harder than the original one…

    • 2623 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Radisic, M. ( 2004) ‘Just-in-time concept’ , Faculty of technical sciences, University of Novi Sad…

    • 2282 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    The Beer Game

    • 663 Words
    • 3 Pages

    In the game, I was assigned to be the factory. The objective of the game was to be able to supply products to the customers at the same time minimize inventory. In a nutshell, the demand of the customer should be supplied immediately by each entity in the supply chain.…

    • 663 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Overview of the lesson: to look at Nissan and examine the reasons for its high levels of productivity. You will look at the way it works with its employees and its use of lean production techniques. You may want to take longer over the activities and spread this over two lessons.…

    • 1371 Words
    • 6 Pages
    Powerful Essays