UofP - MBA550 - DQs - Week Five - 05-22-06

UofP - MBA550 - DQs - Week Five - 05-22-06 - Week Five Wk5...

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Week Five Wk5 DQ1 Synthesis of content (Due Tues) For your final paper you will be making recommendations as either a consultant to the company or as a new VP for the factory. The concepts in weeks 4 and 5 will help you identify the key approaches you would incorporate into a recommended operations strategy. Assume you are making this recommendation at the end of the simulation for the next 2 years. Identify 3 different concepts from Week 5 reading that are to be considered as you develop a final set of solutions to comprise your operating plan at KL. Describe these concepts and identify topics you want to benchmark or research. Decision Trees Decision trees can be helpful to Kuiper Leda in understanding problems and finding solutions. Conveniently, many software companies have developed packages that can assist in the construction and analysis of decision trees. What is a decision tree? A decision tree is composed of decision “nodes” or points that are connection to each other. If we were to draw a decision tree, it would resemble a matrix of squares (representing decision points) and circles (representing chance event) (1) . Simply, these show choices and probabilities. Furthermore, decision tress work backwards, calculating the expected values at each step. Expected values equal the time value of money which is an important part of planning if the goal is long-term. If we were to look at a decision tree for Kuiper Leda (looking forward, not backwards), three decision points based on choices could be: supply chain management principles, outsourcing products, complete assembly and production in-house. Prior steps could include more choices to assist in decision making. Bottom line: A decision tree is very useful in deciding what direction or project to pursue. Kanban Production Control System An automated Kanban system may be a “Just in Time” solution to assist Kuiper Leda in solving their supply chain management concern. Kanban is an integrated JIT system described more fully as a simple parts-movement system that depends on cards and boxes/containers to take parts from one workstation to another on a production line (1) . A Japanese word, Kanban means “card” (Kan) and “signal” (Ban). The essence of the Kanban concept is that a supplier or the warehouse should only deliver components to the production line as and when they are needed, so that there is no storage in the production area (2) . MP&CS is a system that can assist Kuiper Leda in planning, scheduling, and monitoring their manufacturing process. This planning and control system includes order-entry processing, shop- floor control, purchasing, and cost accounting (1) . The automated system is tied together under computer-integrated manufacturing (CIM) which uses a network and integrated database. This
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high technology tool is the “version” of the manufacturing process from process design to planning and control. Simply, CIM links design, testing, fabrication, assembly, inspection, and
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This note was uploaded on 09/18/2011 for the course MBA 550 taught by Professor Whoknows during the Spring '08 term at University of Phoenix.

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UofP - MBA550 - DQs - Week Five - 05-22-06 - Week Five Wk5...

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