Operations Management
11th Edition
ISBN: 9780132921145
Author: Jay Heizer
Publisher: PEARSON
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 1, Problem 1.1VC
Summary Introduction
Case summary:
FL Company produces potato chips. The firm has 38 plants around the U Country and over 48,000 employees are working for the firm. The company focuses more on the firm operations, from product designing, meeting changing consumer preferences, adjusting changing consumers’ costs, quality,
FL Company quality inspection begins at the farm in procuring potatoes and continues the inspection till the final product is packed and dispatched to the market. FL Company would make sure that they have a proper product mix, effective maintenance and quality inspection to be done.
Characters in the case:
- Company FL
To determine: How decisions of operations management are applied in FL Company.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Question 2:
Discuss the 4-Vs model of the Operations that characterize any “OPERATIONS” in any organization, then describe how the low cost positioned at each of the 4-Vs dimensions of the Operations. Support your answer with related examples.
Q2. Discuss different types of Operations Strategies and different types of production strategies with example
2. The Ashton Furniture Company manufactures coffee tables and chest of drawers. Last year the company's
cost of goods sold was $3,700,000, and it carried inventory of oak, pine, stains, joiners, and brass fixtures,
work-in-process of furniture frames, drawers and wood panels, and finished chests and coffee tables. Its
average inventory levels for a 52-week* business year were as follows.
Raw Materials
Oak
Pine
Brass fixtures
Stains
Joiners
Work-in-Process
Frames
Drawers
Panels
Chests
Tables
Finished Goods
Chests
Coffee tables
*1 week = 7 days
Average Inventory
8000
4500
1200
3000
900
200
400
600
120
90
300
200
Unit Cost
$6
4
8
2
1
$30
10
50
110
90
$500
350
Formula:
Inventory turns = Cost of goods sold / Average aggregate value of inventory
Days of supply = Average aggregate value of inventory / (Cost of goods sold / total days)
Question:
Determine the number of inventory turns and the days of supply for the furniture company.
Chapter 1 Solutions
Operations Management
Ch. 1 - Prob. 1DQCh. 1 - Identify four people who have contributed to the...Ch. 1 - Briefly describe the contributions of the four...Ch. 1 - Figure 1.1 outlines the operations,...Ch. 1 - Answer Question 4 for some other organization,...Ch. 1 - Prob. 6DQCh. 1 - Identify the 10 strategic operations management...Ch. 1 - Prob. 8DQCh. 1 - Prob. 9DQCh. 1 - Prob. 10DQ
Ch. 1 - Mass customization and rapid product development...Ch. 1 - What are the five reasons productivity is...Ch. 1 - Prob. 13DQCh. 1 - Prob. 1PCh. 1 - Prob. 2PCh. 1 - This year, Donnelly, Inc., will produce 57,600 hot...Ch. 1 - Prob. 4PCh. 1 - Prob. 5PCh. 1 - Prob. 6PCh. 1 - George Kyparisis (using data from Problem 1.6)...Ch. 1 - Prob. 8PCh. 1 - Prob. 9PCh. 1 - Browns, a local bakery, is worried about increased...Ch. 1 - Prob. 11PCh. 1 - Prob. 12PCh. 1 - Charles Lackey operates a bakery in Idaho Falls,...Ch. 1 - Prob. 14PCh. 1 - Prob. 15PCh. 1 - Prob. 16PCh. 1 - Prob. 17PCh. 1 - National Air Express National Air is a competitive...Ch. 1 - National Air Express National Air is a competitive...Ch. 1 - National Air Express National Air is a competitive...Ch. 1 - Prob. 1.1VCCh. 1 - Prob. 1.2VCCh. 1 - Prob. 1.3VCCh. 1 - Prob. 2.1VCCh. 1 - Prob. 2.2VCCh. 1 - Prob. 2.3VC
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.Similar questions
- Q.What are the operations management strategies?arrow_forwardOperations Management CH 11 Please show work. Thank you. Question 6arrow_forwardQuestion 11 Which best describes an operation that penetrates an existing market with a lower cost alternative within a short amount of time? Group of answer choices a. Product/service imitator b. Product/service innovator c. Focused operation d. Mass customization e. Unfocused operationarrow_forward
- Topic: Decision Modeling & Operations Management Define the term 'service capacity. Briefly summarise why 'services' cannot be stored as physical inventory. Using examples, explain how changing customer expectations can create a 'challenge' in Operations Management.arrow_forwardquestion 2: Where an organisation is looking to downsize they would be looking for A.outputs to remain the same and inputs to be reduced B.increase both inputs and outputs C.decrease both inputs and outputs, with inputs decreasing at a faster rate D.outputs to increase with little or no increase in inputs quesiton 3: When the number and cost of abour and equipment is used as inputs to calculate productivity, what is the productivity measurereferred to ? A.Total factor productivity B.Single factor productivity C.Multi-factor productivity D.Productivity QUESTION 4 Employee remuneration which is based solely on output without consideration of time spent) is referred to as A.Output based pay B.Numbers game pay system C.Piece rate wage system D.None of the abovearrow_forwardShould we have proper operations management ?arrow_forward
- Question 1. Companies develop their operations strategy along several dimensions including cost, quality, flexibility, etc. Define and explain each of these dimensions. Choose one company that has differentiated itself on one of these dimensions in their operations strategy and provide examples from their operations that supports this.arrow_forwardThe geographic area of operations (describe where Pfizer sells its products) The recent developments of pfizerarrow_forward15arrow_forward
- Question 1 Shown below are details on all variable inputs consumed by Samsung Plasma TV factory in 2014. At these consumption rates, the plant was able to produce 100 TVs per day. (a) Unit cost ($) Consumption rate 100 ton per day ton per week labor hour per month Plastic 4 |per ton Chemical 60 2 per ton Labor 80 10 per hour Assume that all unit cost is constant and the factor operates 10 hours per day, 6 days per week and 3 weeks per month. (i) Determine the productivity of Labor-hour (ii) Determine the multi productivity of Chemical and Plastic. (iii) The Operations Manager wants to increase productivity of the Samsung Plasma TV. According to the concept of Productivity Measure as discussed in chapter 1, describe TWO (2) approaches where productivity of the Samsung Plasma TV can be increased. Explain your conclusion.arrow_forwardExecutive summary of Transaction Process System (Report)arrow_forwardWhat do the operations include?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Practical Management ScienceOperations ManagementISBN:9781337406659Author:WINSTON, Wayne L.Publisher:Cengage,Operations ManagementOperations ManagementISBN:9781259667473Author:William J StevensonPublisher:McGraw-Hill EducationOperations and Supply Chain Management (Mcgraw-hi...Operations ManagementISBN:9781259666100Author:F. Robert Jacobs, Richard B ChasePublisher:McGraw-Hill Education
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage LearningProduction and Operations Analysis, Seventh Editi...Operations ManagementISBN:9781478623069Author:Steven Nahmias, Tava Lennon OlsenPublisher:Waveland Press, Inc.
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,
Operations Management
Operations Management
ISBN:9781259667473
Author:William J Stevenson
Publisher:McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi...
Operations Management
ISBN:9781259666100
Author:F. Robert Jacobs, Richard B Chase
Publisher:McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Production and Operations Analysis, Seventh Editi...
Operations Management
ISBN:9781478623069
Author:Steven Nahmias, Tava Lennon Olsen
Publisher:Waveland Press, Inc.