CHAPTER 5 STRATEGIC CAPACITY PLANNING FOR PRODUCTS AND SERVICES KEY IDEAS 1. Definition of Capacity. Capacity is the upper limit or ceiling on the load that an operating system can handle. Essentially‚ it is the upper limit on output. Strategically‚ capacity and financial decisions are made first‚ followed by decisions on location of the facility‚ design of the product‚ layout and work systems. 2. Expressing Capacity. If products are similar enough‚ capacity is measured in common units
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basis − The current network design‚ in particular the distribution network and warehouse configuration‚ is not appropriate to satisfy the forecasted demand 4 Customers from the 6 U.S. customer zones are served from a central warehouse in St. Louis Washington Northwest Maine Montana North Dakota Demand: 320‚000 units Vermont Minnesota Upper Midwest Oregon Idaho New Hampshire Wisconsin South Dakota Wyoming 160‚000 New York Connecticut Pennsylvania
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PRODUCTION PROCESS Solid procedures and policies that are in place‚ which pertains to the business’ products or service‚ is an extremely valuable element to the marketing strategy. Customers want to understand more than just your product; they also want to focus on the shape and form your business will take. Crispy Eggplant Ala French Fries Recipe Customer will get their order within 5 minutes. Preparation Time: 5-10 minutes Instructions: 1. Cut the eggplant into fine strips of length nearly equal
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1. Appraise the formal planning efforts at the Copley Company for the period 1981 to 1984. INTRODUCTION Copley Manufacturing Company was primarily a manufacturer of a wide line of cutting tools and related parts and supplies. Late in 1980‚ Mr. Sagan‚ director of corporate development and Mr. Albert‚ executive vice president agreed that regular formal planning should become part of management ’s way of life at Copley. EXECUTIVE SUMMARY In 1981‚ Copley Manufacturing Company had begun formal
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One advantage of outsourcing is that it: a. gives the company a high degree of control over its operations. b. increases the company’s access to state-of-the-art products and processes. c. protects the company’s proprietary designs and processes. d. encourages the development of the company’s core competencies. 2. Which of these is an indirect cost associated with insourcing? e. Maintenance f. Purchasing g. Receiving h. Quality control
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integration‚ or a different supply chain strategy should be adopted. A Keiretsu network is a network of businesses that own stakes in one another as a means of mutual security‚ especially in Japan‚ and usually including large manufacturers and their suppliers of raw materials and components. There are two types of keiretsu: vertical and horizontal. Vertical keiretsu illustrates the organization and relationships within a company‚ for example all factors of production of a certain product are connected
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supply chain management INDEX (Page no.) 1. Introduction to supply chain management (1-6) I. Concept of SCM II. Definition of SCM III. Components of SCM IV. Issues in SCM 2. Supply chain decisions
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Contents 1 What are the basic steps in a strategic planning process? 1 2 What’s in a vision statement? 3 3 What’s in a mission statement? 5 4 Applying this to the Garfield High School Foundation 7 1 What are the basic steps in a strategic planning process? [From http://www.allianceonline.org/faqs.html] Strategic Planning Model Many books and articles describe how best to do strategic planning‚ and many go to much greater lengths than this planning response sheet‚ but our purpose here is
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Adopting new technologies for supply chain management Kirk A. Patterson a‚ Curtis M. Grimm b‚ Thomas M. Corsi a c‚* c Department of Operational Sciences‚ Graduate School of Engineering and Management‚ Air Force Institute of Technology‚ USA b Robert H. Smith School of Business‚ University of Maryland‚ College Park‚ MD 20742‚ USA Supply Chain Management Center‚ Robert H. Smith School of Business‚ University of Maryland‚ College Park‚ MD 20742‚ USA Abstract Integration of supply chain activities
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smi8239X_ch01_001-026.qxd 2/27/07 11:22 PM Page 1 CHAPTER 1 Introduction to Supply Chain Management 1.1 WHAT IS SUPPLY CHAIN MANAGEMENT? Fierce competition in today’s global markets‚ the introduction of products with shorter life cycles‚ and the heightened expectations of customers have forced business enterprises to invest in‚ and focus attention on‚ their supply chains. This‚ together with continuing advances in communications and transportation technologies (e.g.‚ mobile communication‚
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