b) The company have also decided to introduce Six Sigma into the company to improve their quality and reliability. The Six Sigma team have identified 4 possible projects. Using the information in the table below, decide which project they should do first explaining how you arrived at that decision.' Factors Increased product life Reduces waste Improves reliability of the manufacturing process Length of time to breakeven on the project Improves quality of mainshaft assembly Increases options for the customer c) What other tools and criteria would you use to select a project?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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b) The company have also decided to
introduce Six Sigma into the company to
improve their quality and reliability. The Six
Sigma team have identified 4 possible
projects. Using the information in the table
below, decide which project they should do first
explaining how you arrived at that decision.
Factors
Increased product life
Reduces waste
Improves reliability of the manufacturing
process
Length of time to breakeven on the project
Improves quality of mainshaft assembly
Increases options for the customer
c) What other tools and criteria would you use
to select a project?
Transcribed Image Text:b) The company have also decided to introduce Six Sigma into the company to improve their quality and reliability. The Six Sigma team have identified 4 possible projects. Using the information in the table below, decide which project they should do first explaining how you arrived at that decision. Factors Increased product life Reduces waste Improves reliability of the manufacturing process Length of time to breakeven on the project Improves quality of mainshaft assembly Increases options for the customer c) What other tools and criteria would you use to select a project?
4. a) Minerva Motorcycle Co. uses kanbans to
support its transmission assembly line.
Determine the size of the Kanban needed for
the mainshaft assembly and the number of
kanbans needed based on the details
provided.
Set up cost: £20
Annual holding cost of mainshaft assembly:
£250 per unit
Daily production: 300 mainshafts
Annual usage: 20,000 (50 weeks x 5 days x
daily usage of 80 mainshafts)
Lead time: 3 days
Safety stock: 2 day's production
Transcribed Image Text:4. a) Minerva Motorcycle Co. uses kanbans to support its transmission assembly line. Determine the size of the Kanban needed for the mainshaft assembly and the number of kanbans needed based on the details provided. Set up cost: £20 Annual holding cost of mainshaft assembly: £250 per unit Daily production: 300 mainshafts Annual usage: 20,000 (50 weeks x 5 days x daily usage of 80 mainshafts) Lead time: 3 days Safety stock: 2 day's production
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