OPERATIONS MANAGEMENT

OPERATIONS MANAGEMENT – ASSESSMENT 1 INDIVIDUAL ASSIGNMENT 1 - Due Friday of WEEK 5 1. The following tasks cover topics covered in the first 4 weeks/units. 2. These are individual tasks 3. Upload your response at the indicated link Due Friday Week 5 This is an individual assignment and is due on 18:00 - Friday 4 April 2014 Late submissions attract a penalty of 10% per day late of the available mark. Assessment Weight = 15% Refer Chapter 1 Reading Joanna French is currently working a total of 12 hours per day to produce 240 dolls. She thinks that by changing the paint used for the facial features and fingernails that she can increase her rate to 360 dolls per day. Total material cost for each doll is approximately $3.50; she has to invest $20 in the necessary supplies (expendables) per day; energy costs are assumed to be only $4.00 per day; and she thinks she should be making $10 per hour for her time. Viewing this from a total (multifactor) productivity perspective, what is her productivity at present and with the new paint? Refer Chapter 3 Reading The following represent activities in a major construction project. Draw the network diagram to represent this project.  What is the critical path?  What are the implications for tasks not part of the critical path? Discuss in terms of flexibility.  Prepare a gantt chart showing monthly cashflows and showing totals for each month. Activity Immediate Predecessor Task Length (months) Total Costs ($1,000) A - 5 15 B - 3 21 C A 8 20 D B 4 16 E B 8 30 F C, E 5 17.5 G D 7 28 H F, G 4 40 Refer Chapter 4 Reading Auto sales at Carmen’s Chevrolet are shown below. Develop a 3-week moving average. Week Auto Sales 1 8 2 10 3 9 4 11 5 10 6 13 7 - Refer Chapter 2 Reading Nike is the world's largest athletic brand. Its innovative and broad product line helps drive sales, however a large majority of those sales are in the footwear business. Most of Nike's goods are produced overseas in low-cost factories and then imported to the final market. Nike currently has many of the top U.S. athletes under contract (Michael Jordon, Tiger Woods, Dwayne Wade) but international sales are still small in emerging markets. However, many competitors have attempted to copy Nike's business model (high-value branded products manufactured at lowcost), including Adidas and Reebok, while many retailers have attempted to pass on the low-cost pressure of retail consumers. Perform a SWOT analysis for Nike. Use research evidence to support your SWOT. Ensure you show evidence of your own research to support your SWOT.