Mod4_FeasibilityAnalysis
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School
Rasmussen College, Florida *
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Course
CIS 2647C
Subject
Industrial Engineering
Date
Dec 6, 2023
Type
docx
Pages
3
Uploaded by PresidentSquirrelPerson603
New Scanner upgrade Feasibility
–
Will the new upgrades reduce damaged items
and increase productivity on all fronts?
Indicate whether each objective/requirement is met by this proposed solution. Boldface
objectives are considered to be critical to the success of the project. Critical objectives
should be answered YES or the solution may not work.
Upgrading the scanners will make it where each department has to take a before
picture witch will be prompted the moment they can the perspective
barcode. it will show what that user encounters at the very
beginning of the process. this will uphold accountability as well as
increase productivity. they will then be prompted to take an after
picture once they finish their task in the perspective location before
being able to move on to the next location this will ensure safety
within that location as well as reducing the amount of damaged
items.
The new scanners will be easily operational. Yes
Will new scanners increase productivity. Yes
Will damages and loss of profit decrease
.
Yes
Production increases steadily. Yes
Accountability for any issues that may arise
.
Yes
Will it reduce workplace injury
.
Yes
Are the new upgrades long and arduous. No
Will our current I.T Department Be Able to handle the upgrade
.
Yes
Total number of YES responses.
7
This solution ranks
____1______ among the alternative solutions.
Leaving the Equipment and work Processes as it is – Will Leaving the Equipment
and Work processes the same be conducive to moving
forward and would it be ethical
?
If we where to leave the equipment as it is it would greatly reduce the
productivity and accountability it would also increase workplace injuries by not
insuring that things are being handled properly or cleaned up. it would eventually
leave one department to have to spend more than the necessary amount of time
in a certain section as well as increase the risk of injury.
For each problem listed below, respond with a YES or a NO depending on weather this
proposed alternative will solve the problem. The questions are:
Is the proposed technology or solution PRACTICAL to solve this problem?
Yes
Do we currently have the necessary technology to implement the proposed solution?
Yes
Do we have the SKILLED PEOPLE to implement the technology proposed by this
solution?
Yes
Would people take the time to be careful when putting stuff away to keep an area safe?
No
Would carless placement of items increases damages?
Yes
Total number of YES responses.
This solution ranks
_______4___ among the alternative solutions.
Economic Feasibility –
What is the benefit of the solution and how quick do we get
a return on investment?
Cost benefit analysis
For each solution state the problem what the estimate cost the problem results in and the
amount of time to recover the costs.
Example:
Current Process: Put away team puts stuff a way as fast as possible, Results in damages
unsafe storage locations.
order picking team opens multiple boxes all over the pallets, Results in unorganized product
storage and inaccurate product count. All of this results in Inventory Control to take
unnecessary time counting organizing and navigating unsafe storage locations slowing their
production down to unproductive times.
Put away team damages 250 cases daily. Case value $275.82*250= $68,955 in loss a day
multiply that by 365 days results in $25,168,575.00 a year. Plus loss of
customer
satisfaction and company reputation
Picking team picks from multiple different boxes results in inaccurate counts. 869 product
pieces unaccounted for daily. Pice cost $6.95 *869=$6,039.55 multiplied by 365 days
equals,$2,204,435.75 a year plus loss of
customer satisfaction and company
reputation
.
Total loss for the company yearly:$27,373,010.75
loss of company reputation and customer satisfaction priceless.
Proposed Solution:
Example:
New scanners and work process revision will actually turn those losses totaling
-27,373,010.75 in to straight profitable figures +27,373,010.75 right out of the gate due to
the increase of accountability and the restriction of before and after photos before moving
on to the next task.
it will even increase customer satisfaction by always having substantial inventory of
products as well as increase customer base witch subsequently increases customer
satisfaction and company reputation and that in its self is Priceless.
Cost of new system = $225,550
Profits $27,147,460.75 with in 1 year.
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