Read “Space Age Furniture Company” in Chapter 9 of your text. Respond to the following and include any Materials Requirement Planning (MRP) calculations:
The final case study should demonstrate your understanding of the reading as well as the implications of new knowledge. The paper should integrate readings, scholarly sources, and class discussions into work and life experiences. It may include explanation and examples from previous events as well as implications for future applications.
The purpose of the final case study is for you to culminate the learning achieved in the course by describing your understanding and application of knowledge in the field of operations management.
Writing the Final Paper
The Final Paper:
Looking for a 10 page paper. Numbers and exact charts must be used from attached model to follow. 6 Scholarly sources in addition to the textbook. The textbook is Operations Management by Mark A. Vonderembse and Gregory P. White.
This case study examines the challenges faced by Space Age Furniture Company in its manufacturing operations. Specifically, it focuses on the implementation of Manufacturing Resource Planning (MRP) and the issues related to the production of sub-assemblies in lot sizes of 1,000. The study analyzes the trade-off between overtime costs and inventory costs and suggests ways to improve the current MRP system. Furthermore, it compares different types of production processing and explores methods for tracking job status and location during production. Finally, the study offers recommendations for changes that could benefit the company and add value for the customer.
Space Age Furniture Company operates in a competitive market and faces challenges in its manufacturing processes. This case study aims to address these challenges and provide solutions to enhance operational efficiency. By examining the implementation of MRP and exploring the trade-off between overtime costs and inventory costs, this study aims to improve Space Age Furniture Company’s production system.
The literature review will focus on scholarly sources that discuss the importance of effective MRP systems, the trade-off between overtime costs and inventory costs, and the impact of different production processing types on operational efficiency. This review will provide a theoretical foundation for the subsequent analysis.
To develop an MRP for Space Age Furniture Company, we will analyze the provided case information and apply relevant concepts from the textbook and scholarly sources. The analysis will consider the production of sub-assemblies in lot sizes of 1,000 and suggest improvements to address the issue of lumpy demand for part 3079. The trade-off between overtime costs and inventory costs will be evaluated by considering the financial implications of each option. Additionally, a new MRP will be calculated, incorporating the suggested improvements.
The discussion will compare and contrast the types of production processing, namely job shop, batch, repetitive, and continuous. It will determine the primary mode of operation for Space Age Furniture Company, considering factors such as product variety and production volume. The discussion will also address ways in which management can keep track of job status and location during production, emphasizing the importance of real-time monitoring and information systems.
The conclusion will summarize the key findings from the case study, highlighting the importance of effective MRP systems, the trade-off between overtime costs and inventory costs, and the impact of production processing on operational efficiency. It will also provide recommendations for changes that can benefit Space Age Furniture Company and add value for the customer, based on the analysis and insights gained throughout the study.
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