Week 6 Written Assignment Executive Summary The Goal
Week 6 Written Assignment
Executive Summary – The Goal
Adil S Ahmed
Benedictine University
MBA 630 – Operations Management
Professor Chester Legenza
August 2, 2014
Week 6 Written Assignment – Executive Summary – The Goal
In this executive summary, The Goal by Goldratt will be analyzed in detail. First, 10 operations management decisions as found on page 7 of the Heizer and Render textbook will be listed in column 1. Next, for each OM decision, examples from The Goal textbook that exemplify the type of problem or solution relevant to the OM area will be summarized in column 2. Finally, a scenario from my work life will be exemplified in column 3.
Three column and ten row table
First, 10 operations management decisions as found on page 7 of the Heizer and Render textbook will be listed in column 1. Next, for each OM decision, examples from The Goal textbook that exemplify the type of problem or solution relevant to the OM area will be summarized in column 2. Finally, a scenario from my work life will be exemplified in column 3.
OM Decisions
Examples from The Goal
Work Life Scenario
Design of goods and services
The factory produces machined assemblies furnished to other factories in the UniWare Division as components of end-product applications, and also sold directly as spare parts assemblies to larger end-user customers.
Mr. Peach (Mr. Rogo’s boss) will not budge for anything less than the order being shipped today (dispute of an overdue order #41427), and since plant is not productive or profitable, Alex has 3 months to show improvement else the plant factory will shut down.
Goal of the plant is to make money by generating net profit (income minus expenses), return on investment, and cash flow.
Danfoss designs, tests and manufactures frequency converters/drives, which are power conversion equipment. Danfoss is a power electronics manufacturer, and essentially provides energy-efficiency solutions in the HVAC, water/AQUA and Automation industries.
Executive Summary – The Goal
Adil S Ahmed
Benedictine University
MBA 630 – Operations Management
Professor Chester Legenza
August 2, 2014
Week 6 Written Assignment – Executive Summary – The Goal
In this executive summary, The Goal by Goldratt will be analyzed in detail. First, 10 operations management decisions as found on page 7 of the Heizer and Render textbook will be listed in column 1. Next, for each OM decision, examples from The Goal textbook that exemplify the type of problem or solution relevant to the OM area will be summarized in column 2. Finally, a scenario from my work life will be exemplified in column 3.
Three column and ten row table
First, 10 operations management decisions as found on page 7 of the Heizer and Render textbook will be listed in column 1. Next, for each OM decision, examples from The Goal textbook that exemplify the type of problem or solution relevant to the OM area will be summarized in column 2. Finally, a scenario from my work life will be exemplified in column 3.
OM Decisions
Examples from The Goal
Work Life Scenario
Design of goods and services
The factory produces machined assemblies furnished to other factories in the UniWare Division as components of end-product applications, and also sold directly as spare parts assemblies to larger end-user customers.
Mr. Peach (Mr. Rogo’s boss) will not budge for anything less than the order being shipped today (dispute of an overdue order #41427), and since plant is not productive or profitable, Alex has 3 months to show improvement else the plant factory will shut down.
Goal of the plant is to make money by generating net profit (income minus expenses), return on investment, and cash flow.
Danfoss designs, tests and manufactures frequency converters/drives, which are power conversion equipment. Danfoss is a power electronics manufacturer, and essentially provides energy-efficiency solutions in the HVAC, water/AQUA and Automation industries.
References: Heizer, J. and Render, B. (2011). Operations Management: Sustainability and Supply Chain Management. (10th Ed.). Upper Saddle River, New Jersey: Prentice Hall.