ISE 589-003 CASE STUDY 1 CHAIRCRAFT CORPORATION Parul Joshi Surabhi Shouche Tanmay Lohani October 17th‚ 2014 Contents 1. Chaircraft Corporation 2. Manufacturing Operations 2.1 Lumber Preparation 2.2 Frame Parts Production 2.3 Assembly 3. Production Scheduling 4. Analysis and Recommendations 4.1 Lumber Inventory 4.2 Variation in Material Flow 4.3 Piece wise Rate 4.4 Lot Sizing: EOQ VS SOQ 4.5 Planning Time Cycle 4.6 Finished Goods Inventory 5. Conclusions 6. References 7. Appendices
Premium Inventory Manufacturing Assembly line
The $3.5Bn company is an Auto component manufacturer with offerings in 8 product groups. It has Engineering and production presence in EU and US. ITT-Teves (for ABS) is the only auto supplier to exceed $1 Bn Sales. ABS Market trend In 1990s Greater hands on experience with technology‚ and economies of scale due to increased demand drove cost reduction in ABS Systems. Suppliers faced challenges to meet volumes as greater emphasis on safety to fit wider products‚ made OEMs to introduce ABS even compact
Premium Business terms Management Production and manufacturing
of lean production. Learning Objectives to analyse the reasons behind Nissan’s high levels of productivity to understand the meaning of Total Quality Management to understand the importance of Kaizen to analyse the benefits of just-in-time. Planning for quality and productivity Introduction: (9 minutes) 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
Premium Production and manufacturing Manufacturing Assembly line
small orders were late. Roger Rhodes had faced many problems and the major problem is not having an efficient production line. The current production process is inefficient and disorganized. After consideration of several alternatives‚ we have found some major problems that occur in Eastern Gear Inc. The problem that have been analyse is the problem in term of raw materials‚ production flows‚ factory layout‚ poor quality control checks‚ unproductive way to rush orders and others The problems come
Premium Supply chain management terms Quality control Management
to the supply chain‚ logistics happens throughout the whole supply chain. It begins from the point of origin all the way to the point of consumption. Quality control Quality control is a process by which the quality of all factors involved in production is reviewed. Controls include product inspection‚ where every product is examined visually before the product is sold into the external market. Quality control emphasis testing of products to uncover the defects and reports to management who makes
Premium Management Supply chain management Whole grain
John Jones a Production Manager at A. C. Gilbert‚ has developed an idea for improving Efficiencies in the manufacturing process at A. C. Gilbert. The idea came as a result of the innovative ideas program‚ and John has successfully trailed the program on one line in the processing plant. The program has been evaluated and found to be successful‚ and now in the process of implementing the program company-wide. TRANSITION ACTION PLAN Activities: · Production staff and process workers will be divided
Premium Management Manufacturing Project management
Fordism model in 1970. It is a production model which is closely associated with socioeconomic system used in most industrialized countries. Unlike Fordism which was used by Henry Ford’s plant where workers worked in a production line with each person performing specialized task in a repetitive manner‚ Post-Fordism is characterized by the use of new information technology with the coming of the globalize financial market. From this model‚ I have learned that production should be tailored to the needs
Premium Industry Manufacturing Industrial Revolution
costing methods it appears as if the production of a donut in one part of the country costs the same to produce as it does in another part of the country. Essentially‚ the profits from one part of the country were hiding‚ or offsetting‚ the losses from a different part of the country. This phenomenon does not lend itself to controlling costs and has an impact in how the product is priced to their customers. Management needed to identify the true cost of production to better price their products and
Premium Manufacturing Cost Costs
continuously improving the quality of our... products and ultimately improving the productivity and efficiency of our production line.’’ The Quality Circle activity was initiated at Samsung India in September 1997 with the objective of involving line operators in the quality process in production. A total of around 46 Quality Circles are operating in different streams of manufacturing. Each Quality Circle has members from different departments and support interaction with each other‚ across different
Premium Management Quality management Problem solving
ordered or produced. Based on a master production schedule‚ a material requirements planning system: Creates schedules identifying the specific parts and materials required to produce end items. Determines exact unit numbers needed. Determines the dates when orders for those materials should be released based on lead times. MRP is concerned with both production scheduling and inventory control. It is a material control system that attempts to keep
Premium Inventory Production and manufacturing Supply chain management terms