The Four Flexibility Improvement Options - 865 Words

Paper Case Qs 1) The four flexibility improvement options presented to Kiefner vary considerably in their cost and their potential effects on strategy and profitability for the company. The first option is one of the more expensive, but would also lead to some of the most substantive changes in the actual operations of Machine #4. At the same time, despite the fact that the specialization abilities of the machine will be significantly enhanced, marketing estimates that only a seven-percent premium could be charged, and only on about thirty percent of the machines output the expected level of use for specialized runs under this plan. Switching to a one-week changeover cycle, which s the second option for the machine, is much cheaper and would have a higher yield than the first option, with a five-percent premium on all outputs of the machine if it were operated on this just-in-time basis. Even if the changeover time could not be reduced, this would be preferable than an expensive change to the mach ine that only affected thirty percent of output. It might be undesirable form a labor standpoint, however, and this is a major strategic consideration for the company given the current atmosphere. Cost and profitability enhancements should be weighed against the potentially costly labor issues that might ensue, while at the same time it must be remembered that a return to competitiveness is necessary in order to retain jobs. The third option is again expensive the mostShow MoreRelatedToshiba1109 Words   |  5 Pagesmarket leader at that time by beating its competitor with aggressively priced, technologically superior products. The Ome operation was key to that strategy, because it enabled Toshiba to produce higher quality products at lower prices. Relentless improvement to the manufacturing process resulted in higher quality products, making the products more attractive, and the increases in efficiency generated lower unit costs, which made their products more competitive and all owed the company to make furtherRead MoreUps Value Chain Analysis864 Words   |  4 Pagespower players jockey for position. Power players such as DHL, USPS, and FedEx vie with UPS within the parcel delivery service; these are known as intraindustry rivals. The center of the CFM (competitive forces model) lists intraindustry rivals of UPS. Four forces act upon the intraindustry rival list, above the list is Potential New Entrants, left of the list is Bargaining Power of Suppliers below the list is Substitute Products or Services, right of the list is Bargaining Power of Buyers. All forcesRead MorePizza Store Simulation804 Words   |  4 Pagesamount of improvement decreases as more units are produces, and the rate of improvement has sufficient consistency to allow its use as a reduction tool.†() All of these tools were very helpful in determining the right processes to use in the simulation. I applied these tools over and over which helped me better understand and increase m y performance. Performance Data As the simulation began I had to decide of the number of wait staff, kitchen staff and tables that would cause an improvement for theRead MoreThe No Child Left Behind Law1315 Words   |  6 Pagesand math by 2014. The major focus of No Child Left Behind is to close student achievement gaps by providing all children with a fair, equal, and significant opportunity to obtain a high-quality education. The U.S. Department of Education emphasizes four pillars within the bill: Accountability, to ensure those students who are disadvantaged, achieve academic proficiency. Annual state and school district report cards inform parents and communities about state and school progress. Schools that do notRead MoreWhy I Want to Pursue a Career in the Health Sciences1327 Words   |  5 Pagesstarted enjoying my appointments more and more, I got to the point where I was looking forward to going to my appointments. My occupational therapist was very helpful by telling me what all I needed to know abo ut occupational therapy. Because of the improvement I could visually see, the way my therapist was always in a good mood, and the hands on work you do, is why I want to be an occupational therapist. Many people do not know what occupational therapy is, which is a downside of the job. AccordingRead MoreA Research On Motion ( Rim ) Essay1146 Words   |  5 Pagescurrent issues that RIM is facing have nothing to deal with the original strategic plan, and it is all about marketing and communication. (Burr, Rothaermel, Urbina, 2013) Also, to prove for his points, Heins has emphasized on the significant improvements at RIM which is debt free and holding $2.9 billion cash on hand. (Burr, Rothaermel, Urbina, 2013) Heins has predicted the big turnaround for RIM will happen at the moment that the Blackberry 10 launches into the market. (Burr, Rothaermel, UrbinaRead MoreCase Analysis: Aegis Analytical Corporation’s Strategic Alliances1316 Words   |  6 Pagesbut would rather look to make internal operational improvements. VRIO From a strategic point of view, the company chose Product Differentiation as their business model by offering a high-end software product of exceptional quality. Value: The resources of Aegis enable it to exploit an external opportunity by developing an innovative product like Discoverant. The product offered data analysis within a few minutes, rather than the typical two-four weeks. Discoverant was one-of-a-kind product,Read MoreEssay on The No Child Left Behind Act953 Words   |  4 Pagesare being left behind† (www.ed.gov). The â€Å"No Child Left Behind† Act expands the federal government’s role in elementary and secondary education. The NCLB act was enacted January 8, 2002, and has four reform principles to the act: Accountability, flexibility, Researched-based reforms and parental options. Accountability begins with informed parents, communities and elected leaders so we can work together to improve schools. The states will measure the progress by testing every child in grades 3Read MoreMaterials Management Proposal1445 Words   |  6 Pagesimplementation success. 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(Correa) Strict requirements and deadlines have been set for states to expand the scope and frequency of student testing, revamp their accountability system and guarantee that every classroom is staffed by a ?highly qualified? teacher in his or