Jessica_Clifton_BUS508_assignment 3

Jessica_Clifton_BUS508_assignment 3 - Production and...

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Production and Operations Management Production and Operations Management Jessica J. Clifton The Business Enterprise Dr. Cynthia Davies May 16, 2011 1
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Production and Operations Management Abstract America is the third largest oil producer in the world. Combined, America and Canada produce almost as much oil per day as Saudi Arabia. Oil produced in America, Canada, and Mexico provides almost 60 percent of our domestic consumption. So, when ‘experts’ try to explain away high oil prices by stating that we have no choice but to be subject to state-owned oil companies, many of which are from countries whose leaders interests are antithetical to ours, it is a clear sign that they are either misguided, deliberately misleading, or both. So can Washington's policymakers and President Obama do about them? The American Energy Act of 2011 enhances the energy security of the United States. For decades, our nation has been restricted by overly burdensome regulations and legislation that prevent Americans from producing homegrown energy. This bill puts power back into the hands of the American people. The American Energy Act will boost the American economy and help create millions of jobs by putting government back into its rightful place and empowering Americans to develop our nation’s vast energy resources. (Harder) 2
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Production and Operations Management Explain one possible option Marathon could take to reduce the time involved in the production process. One option for Marathon Oil is to refine just light sweet crude oil. At each refinery, there are multiple types of crude oil, yet the basic two types are light crude and heavy crude. The heavy crude oil is thick and requires an extensive refining process. While the light sweet crude has an easier refining process, and demands much less time in the refining process. Also, by
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This note was uploaded on 07/17/2011 for the course BUS 508 520 taught by Professor Na during the Spring '11 term at Strayer.

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Jessica_Clifton_BUS508_assignment 3 - Production and...

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