OPEARATIONS MANAG.REV CUSTOM 2017
OPEARATIONS MANAG.REV CUSTOM 2017
17th Edition
ISBN: 9781323590058
Author: Pearson
Publisher: PEARSON C
Question
Book Icon
Chapter 5, Problem 1VC
Summary Introduction

Case summary:

Company RM runs a boat manufacturing business, which must differentiate its business strategy from other companies. With constant innovation and seeking inputs from customers, dealers and consultants in the design stage help the firm to successfully produce unique products.

The development phase of the product is speeded up by instantly taking the product from the design stage to the styling studio. Having released products such as water-skier, 20-foot inboard–outboard performance boat, and 52-foot sports yacht, the production personnel are put under pressure to respond to the new product. The lifecycle time is 3 years.

The firm found that the product development part can be accelerated by involving suppliers in the design phase. The CAD provides product specification after the product had completed the concept and styling phase.

A plug is formed by foam-based carving, which is driven by the specifications from the CAD system. Permanent molds are made for the new design, which takes about 4 to 8 weeks. Boats are made by joining the molds.

Characters in the case:

  • Company RM

Blurred answer
Students have asked these similar questions
Fill in the table below with the activity times after crashing to show the resulting schedule. (Enter your responses as whole numbers.) Activity A B с Time according to schedule (weeks) Activity F G H Time according to schedule (weeks) D E COE
Given the information below, estimate the probability that the noncritical path B-F-G will take more than 20 weeks. Hint: Subtract from 1.0 the probability that B-F-G will take 20 weeks or less. Refer to the standard normal table. Activity A Expected Time (weeks) Variance 3.5 1.00 BCDE 5.5 0.96 C 4.0 0.45 12.0 1.78 6.5 2.25 F G 9.0 2.78 4.5 0.69 The probability that this path will take more than 20 weeks to complete is (Enter your response rounded to four decimal places.)
You are the event manager of a wedding project that is behind schedule and over budget. The client has requested some additional features that were not in the original scope. How would you prioritize the additional features requested by the client? What strategies would you employ to adjust the project plan and budget to accommodate these changes effectively? Additionally, what specific tools and techniques would you utilize to monitor and control the progress and ensure the quality of the project?
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
  • Text book image
    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
    Text book image
    Marketing
    Marketing
    ISBN:9780357033791
    Author:Pride, William M
    Publisher:South Western Educational Publishing
    Text book image
    MARKETING 2018
    Marketing
    ISBN:9780357033753
    Author:Pride
    Publisher:CENGAGE L
  • Text book image
    Principles of Management
    Management
    ISBN:9780998625768
    Author:OpenStax
    Publisher:OpenStax College
    Text book image
    Management, Loose-Leaf Version
    Management
    ISBN:9781305969308
    Author:Richard L. Daft
    Publisher:South-Western College Pub
    Text book image
    Contemporary Marketing
    Marketing
    ISBN:9780357033777
    Author:Louis E. Boone, David L. Kurtz
    Publisher:Cengage Learning
Text book image
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
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Text book image
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L
Text book image
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College
Text book image
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning