Operations Management Unit Three 11/25/10 Introduction Albatross Anchor is a small family owned business located in Smallville‚ MA. Albatross Anchor is located on 12 acres of land. They started out with four employees in 1976 and grow over the years to over 100. The company manufactures two types of anchors in different sizes. The types are the mushroom/bell anchor and the snap hook anchor. Albatross Anchor has many manufacturing problems which are the cause of the company
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and consultant for KU Consulting firm your task is to use your expertise in Operations Management to assist Albatross Anchor. Write a report answering all the questions posed regarding the case study of Albatross Anchor. Demonstrate your understanding of course content by using concepts and principles from your textbook and from academic quality research to solve these challenges. Albatross Anchor Case Study (Note: This is not a real company) Introduction Albatross Anchor is a small family
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have many variables; planning‚ analysis‚ designing and innovations. Albatross Anchor needs to become more effective with the opportunities and challenges in its operating environment. Albatross’ operating system must be capable of producing quality products (anchors) that are n demand within a time frame that is acceptable to the industry. Question One Based on the information presented in the scenario/case study discuss Albatross Anchor’s competitiveness in relation to (please address all items
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MT435 Operations Management Kaplan University ntroduction: My name is Aiden and KU Consulting has asked me to prepare a bid on the consulting job with Albatross Anchor. With the information provided to me I am able to go through and analyze the operation as it is running and suggest how to improve the operations to be more competitive with the other anchor manufactures and to increase profits for the company‚ Albatross has been in business since 1976 with four family members. It has grown to employee
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Question One Based on the information presented in the scenario/case study discuss Albatross Anchor’s competitiveness in relation to (please address all items in the below list and provide support for your conclusions): 1. Cost a) Cost of Production: Hi my name is Cynthia‚ and I have been asked by KU to help Albatross Anchor. Here’s what I know so far‚ after doing my case study I found that Albatross Anchor is a well-known family owned business that deals with so many operational challenges
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term planning in achieving your goals. As you know‚ we at KU consulting are here to assist you in every step of the process of modernizing your facility and optimize your ability to surpass your competition within your market. In my capacity as a consultant I have prepared this report to look specifically at three long term and three short term goals that will commence the process of becoming the leading supplier of bell and snag hook anchors. I look forward to seeing these goals initiated‚ and seeing
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presented in the scenario/case study discuss Albatross Anchor’s competitiveness in relation to (please address all items in the below list and provide support for your conclusions): 1. Cost a) Cost of Production: Cost of production is costs incurred by Albatross Anchor when manufacturing an anchor. There are two types of costs – fixed and variable. Variable costs depend on what materials and labor are needed to make the anchor and vary with the volume of anchors produced. Fixed costs‚ such as rent
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information presented in the scenario/case study discuss Albatross Anchor’s competitiveness in relation to (please address all items in the below list and provide support for your conclusions): 1. Cost a) Cost of Production: Manufacturing costs are $8.00 per pound for the Albatross mushroom/bell anchor and $11.00 per pound for Albatross snag hook anchor. Albatross sells the anchors for the same price as competitors. However‚ Albatross can have a 35% less profit margin. (Russell & Taylor‚ 2011
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Albatross Anchor is a small family owned business that started operations in 1976 with a few family members. The company has grown significantly over the years which have created some issues with production as well as the administrative area. The facility is technology deprived‚ dirty‚ disorganized‚ and not meeting US safety and environmental standards. As the company expanded additional processes began and due to the limited space‚ production was not running as smoothly as the company should. When
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03/09/2013 Introduction Albatross Anchors is a family-owned business which was established in 1976‚ located on twelve acres in a rural suburb of Smalltown in the United States. Albatross Anchor started with four family members‚ and has essentially grown to one hundred and thirty employees. Their operations started off as manufacturers of bell/mushroom anchors but as of 1989‚ the owners decided to expand the product line to include fabricated snag hook anchors. The Albatross Anchors only distributes their
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