Contents Product Annual Demand Daily Demand1 Weekly demand2 Level 0 Level 1 Level 2 Hub 1 2‚100 8.4 42 Sleeve (1) 2‚100 8.4 42 Mount (4) 8‚400 33.6 168 Bracket (2) 16‚800 67.2 336 Bolt (2) 16‚800 67.2 336 Hub 2 1700 6.8 34 Sleeve (1) 1‚700 6.8 34 Mount (5) 8‚500 34 170 Bracket (2) 17‚000 68 340 Bolt (2) 17‚000 68 340 Hub 3 2‚000 8 40 Sleeve (1) 2‚000 8 40 Mount (4) 8‚000 32 160
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systems that are designed to ease on overburden and inconsistency‚ along with eliminate waste. Things Toyota Manufacturing System address are: over-production‚ motion and waiting of machine‚ conveyance‚ processing itself‚ inventories‚ and correction of rework. The most important concept in this system is to eliminate waste. Most company waste on average of 70 to 90 percent of their resources‚ Toyota Manufacturing System is designed to control resources and eliminate waste. Which they uses specific
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availability‚ safety‚ and field use.” In other words‚ quality consists of product features which met or exceeds the needs of each customer such that it provides product satisfaction. In addition‚ quality also shows the freedom from deficiencies such as rework‚ late delivery and design changes. Besides that‚ Juran also introduced quality improvement and quality control to achieve customer satisfaction through quality. Competitiveness Whenever there is a business‚ there will always be competition unless
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Cost of Quality In current context same meaning: Quality Costs‚ Cost of Quality‚ Cost of Poor Quality Impact of Costs Price Erosion Sales Profit +Warranty Cost +Material allowance Ideal $ Variable Cost Spread of break-even zone Fixed Cost Quantity Yield -> Waste -> (from design‚ defects‚ efficiency) -> impact costs Why Focus on Cost of Poor Quality? Price Erosion Profit Profit Profit Profit Total Cost to manufacture and deliver products Cost of Poor Quality COPQ Cost of Poor Quality
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Degree: Graduation Year: Number of Pages: Hannu Päätalo Degree Programme in Industrial Management Autumn‚ 2011 72 + 8 ABSTRACT Traditionally operated garment industries are facing problems like low productivity‚ longer production lead time‚ high rework and rejection‚ poor line balancing‚ low flexibility of style changeover etc. These problems were addressed in this study by the implementation of lean tools like cellular manufacturing‚ single piece flow‚ work standardization‚ just in time production
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Dip Com (LM ) –SCM Tutorial 6 Text Book-Chapter Eight Discussion Questions 1. (1).Explain why lean production and Six Sigma are so important to successful supply chain management. Ans. Use of the term lean has begun to replace use of the term JIT‚ and is associated with the Toyota Production system. Lean is broader‚ although closely related to JIT‚ and describes a philosophy incorporating tools that seek to economically optimize time‚ human resources‚ assets‚ and productivity‚ while
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their productivity will suffer.” Discuss Quality improvement and productivity do work inversely of each other. Quality improvement activities are used not only for companies to maintain a good reputation but mainly to reduce time and money spent on rework and scrapping product. Focusing on quality control means products will more likely be made correct the first time. This translates to higher productivity because time isn’t used reworking product already worked on. Problems 2. Fishbone Diagram
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Assignment Cover Sheet School of Accounting College of Business Student Name Student Number Unit Name and Number Management Accounting 200494 Tutorial Group Tutorial Day and Time Lecturer/Tutor Title of Assignment Major Assignment Length N/A Due Date This Assignment is due at the beginning of your tutorial class in Week `0‚ being the week commencing 30th April 2007. Date Submitted Campus Enrollment Parramatta Declaration I hold a copy of this assignment that I can
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CHAPTER 16: THE MANAGEMENT AND CONTROL OF QUALITY EXERCISES 16-42 Interpretation of Six-Sigma quality expectations (ppm) (30 minutes) Sigma One-Tailed Two-Tailed Errors (Defects) Level Area1 Area Per Million 1 0.158655254 0.317310508 317‚310.51 2 0.022750132 0.045500264 45‚500.26 3 0.001349898 0.002699796 2‚699.80 4 3.16712E-05 6.33425E-05 63.34 5 2.86652E-07
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Assign Case #2 Problem 7-37 (Bhavika Investments) Bhavika Investments‚ a group of financial advisors and retirement planners‚ has been requested to provide advice4 on how to invest $200‚000 for one of its clients. The client has stipulated that the money must be put into either a stock fund of a money market fund‚ and the annual return should be at least $14‚000. Other conditions related to risk have also been specified‚ and the following linear program was developed to help with this investment
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