MGMT 430 unit 3 Complete

MGMT 430 unit 3 DQ

Deliverable Length: 3 - 4 paragraphs

The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each unit.

In your role as the memory chip company's production planning staff member, one of your tasks is to help the supply chain team focus on capacity planning. One of the key production plants in the supply chain currently uses a lead capacity strategy in which they make enough chips to offset demand, even when this means excess inventory levels at times.

Using course materials and other research, complete the following:

• Define the lead, lag, and match strategy for capacity planning.
• Recommend a better strategy for the the company's production strategy, outlining the advantages of your proposal. Be sure to provide a mathematical basis for your recommendation. Should it change from the lead strategy or not?

Comment on other postings by critiquing the other proposals and suggesting aspects of your classmates' plans that may have been overlooked.

In your own words, please post a response to the Discussion Board and comment on 2 other postings. You will be graded on the quality of your postings.

For assistance with your assignment, please use your text, Web resources, and all course materials.

MGMT 430 unit 3 Individual project

Production Planning and Quality Management: MGMT430

Deliverable Length: 3 - 4 pages

Assignment Type:  Individual Project

Unit3 - Individual Project

Review the scenario at beginning of the assignment list.

As the company examines various methods to assess its performance and design processes, it is looking for an analysis of the existing workflow production process and the factors that most directly impact such measurements. As a review, the most common metrics for production processes are as follows:

• Quality: the number of defects associated with a given produc
• Cost: material and labor cost
• Timeliness: how quickly products are manufactured and delivered
• Flexibility: the degree to which the production process can be adapted to produce other products or specific products more quickly
• Productivity: a ratio of outputs divided by inputs
• Efficiency: a ratio of actual outputs divided by standard (or expected) outputs, multiplied by 100% to give a total efficiency percentage
• Cycle time: the total time it takes to complete a production process
• Theory of Constraints and Queuing Theory

Using course materials and other research, complete the following:

• Explain how each measure can be applied to the company's production planning process. Can the company use each one? How?
• Rank the criteria listed above in order of importance to the company's production planning strategy detailing your rationale for such a ranking.
• Identify other measures that might apply to the company and explain them.

Please submit your assignment.

For assistance with your assignment, please use your text, Web resources, and all course material