Several severe accidents have recently occurred in the 12 employee boiler room of City Foundry. James Worth, the boiler room supervisor, is quite upset about the situation. Just yesterday, the Foundry Plant Manager called: Plant Manager: James, what in the world is going on down there? Are you trying to put us out of business? James: If I've lectured these people about safety once, I've done it 50 times. They just don't seem to listen. Plant Manager: Accidents cost us money for repairs, lost time, and medical expenses, not to mention the human suffering involved. Your department's record is awful, and something must be done about it. Maybe you should try something new. James: I'm not sure what it will be, but I'll come up with something. Plant Manager: Good. Please report back to me when you come up with something. James decided to discuss his problem with several other supervisors in the foundry to see what ideas they might have. One suggestion was that James schedule a weekly 10 minute safety talk by one of his employees. These talks could be on such topics as "Good Housekeeping", Using Proper Safety Guards on Equipment," "Following Procedures," and "Health Hazards." Another suggestion was that James review his department periodically and that any unsafe act discovered during his review be punished by an immediate two-day suspension for the offender. The person making this suggestion obviously believed that what James needed was to get touch. A third suggestion was that James talk personally to each employee about the department's safety problems; let the employees know that he was personally interested in each of them. A final suggestion was that James give the employee with the best safety record for the past four months a day off with pay. QUESTIONS 1. Why do you think James has been having safety problems? 2. Which of the suggestions given to James would you attempt to implement? 3. What additional ideas might you try if you were James?
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.
Trending now
This is a popular solution!
Step by step
Solved in 3 steps