Construct a Fishbone Diagram PROBLEM: Unable to meet the production quota resulting to opportunity loss CAUSES: High Rate of absenteeism (Laziness of workers) Idle Time of Workers (Laziness) Shortage of Materials Due to under-stock (supplier’s problem) Insufficient Number of Trucks (supplier’s problem) Longer Machine Downtime Lack of Technician (Machine cause) Bottleneck Poor Layout DATA: The company operates 9 hours a day with one hour organized lunch break Total working days per month is 20 days Production Quota is 40,000 units per day Actual Output is 16,000 units per day Rate of absenteeism is 8 workers per day Machine Capacity is 4000 units per day per machine for 8 hours Total number of workers is 50 workers (based on required quota) Lost units due to under-stock of materials is 2000 units. Truck capacity of 2000 units of raw materials equivalent to 1000 units of production output (2:1 ratio of raw materials to output) There are 8 available trucks instead of 14 trucks for the required units of raw materials Machine repair takes 4 hours per breakdown There is only one machine technician available causing longer machine repair time 5 persons per day (Idle 50% of their time) Lost units due to Bottleneck is 1,600 units Lost units due to Poor Layout is 2,000 units Table 1. Data on Machine Breakdown (Per Day) No. of Machines Down per day 2 No. of Breakdown per machine 1
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
- Construct a Fishbone Diagram
PROBLEM: Unable to meet the production quota resulting to opportunity loss
CAUSES: High Rate of absenteeism (Laziness of workers)
Idle Time of Workers (Laziness)
Shortage of Materials
Due to under-stock (supplier’s problem)
Insufficient Number of Trucks (supplier’s problem)
Longer Machine Downtime
Lack of Technician (Machine cause)
Bottleneck
Poor Layout
DATA:
The company operates 9 hours a day with one hour organized lunch break
Total working days per month is 20 days
Production Quota is 40,000 units per day
Actual Output is 16,000 units per day
Rate of absenteeism is 8 workers per day
Machine Capacity is 4000 units per day per machine for 8 hours
Total number of workers is 50 workers (based on required quota)
Lost units due to under-stock of materials is 2000 units.
Truck capacity of 2000 units of raw materials equivalent to 1000 units of production output (2:1 ratio of raw materials to output)
There are 8 available trucks instead of 14 trucks for the required units of raw materials
Machine repair takes 4 hours per breakdown
There is only one machine technician available causing longer machine repair time
5 persons per day (Idle 50% of their time)
Lost units due to Bottleneck is 1,600 units
Lost units due to Poor Layout is 2,000 units
Table 1. Data on Machine Breakdown (Per Day)
|
No. of Machines Down per day |
2 |
|
No. of Breakdown per machine |
1 |
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