1. As a production manager for RMC what do you recommend?Why? As production manager, you believe that the inherent advantages of an FMS should tilt the scales in favor of FMS. Your management task should be easier and therefore better.Your task will be easier and better because those parts of your workday that are related to scheduling, manpower,maintenance, and housekeeping should require less direction and be easier to control. You would be inclined to ask the“numbers people” to be sure they included all of these rela- tively minor shop floor issues in the decision.
2. Prepare a case by a conservative plant manager for maintaining the status quo until the returns are more obvious. A conservative plant manager may well be the individual in the decision-making process who is asked about the return on investment. ROI may be largely the plant manager’sresponsibility. If the numbers do not support change, then don’t do it. Additionally, the trauma of change in layout,training, and acceptance by workers contains numerous hidden costs. Consequently, the plant manager may have astrong case for the status quo.
3. Prepare the case for an optimistic sales manager who suggests that you should move ahead with the FMS now. The optimistic sales manager’s case is that improved delivery time (i.e., improved throughput) and improved quality may well yield a higher market share, which, if the companyis already above breakeven, is great for profitability, and hence ROI will be higher than projected (sales growth is not typically included in ROI computations).
The Business plan on Able Planet Case
Furthermore, Able Planet is unable to secure financing from a bank due to a predicament in the economic markets which has all but closed shut the lending opportunities at most commercial banks. Information that will be evaluated includes the following: •Why entrepreneurs face difficulties when trying to raise between $100,000 and $3 million for their businesses •Ways Kevin Semcken can raise $1. 5 ...
Additionally, themanagement task is easier (i.e., fewer machines to maintain,fewer people to supervise), and additional floor space will beavailable when needed.
:Being production manager supposing flexible machining system’s intrinsic compensations must take decisions which have possible favorability towards FMS sothat managerial tasks/ missions become easier and consequently becomes healthierbecause that might linked with managerial responsibility in relation with development,human resource empowerment, continuance, and organization should necessitate lesstrack and easily control over. You would be accountable to inquire the “numbers people”to be certain them incorporated all of these comparatively inconsequential shop floorsubjects in the decision.
Question #2:Prepare a case by a conservative plant manager for maintaining thestatus quo until the returns are more obvious.Solution:In this decision making process an individual with conservative frame of mind plantmanager is required who could be questioned for ROI. This responsibility of plantsmanager to talk about ROI is considered on top rank but if numbers don’t support yourchange requirements then it is best for you not to change because it might increase costof overall organization and plant manager has strong repo so could be in danger due tosuch decision .Question #3:Prepare the case for an optimistic sales manager who suggests thatyou should move ahead with the FMS now.
Solution:The case for optimistic sales manager would be enhancing time of delivery using JIT towork efficiently and enhancing quality to produce high market share and If company isgood in that crossing break even than this would increase rate of profitability andtherefore ROI will also becomes high than their projection (sales growth is not added inROI computations).
The Essay on Manager – managerial decision making
1. What assumptions can you make about managerial decision making, as it relates to the millennial generation, from the case? My assumptions, enroll students are rating professors from good to bad making it easier for future student to get always with easier classes. 2. Did Tom and Alex follow a logical and rational managerial decision-making process in determining their class schedules? Why or ...
Adding up easier management tasks for example small number ofpeople for supervision and limited number of machines and supplementary floor spacewill also be accessible when required. “A Product Manager oversees the development of a product from concept development, through system demonstration, and into production. The Product Manager is responsible for the COST of the overall program to bring the item to market, the SCHEDULE of the development process, and the PERFORMANCE of the item once it is into production.”
This is the way most people think of product management, and it’s a little off. In reality this is what a PROJECT manager is responsible for. A project manager is responsible for getting the product completed on time, on budget and on schedule. In simple terms a PRODUCT manager is responsible for the overall success of a product from its birth to its burial; the product lifecycle. Product managers maximize a products return on investment by evaluating the product vs. its place in the market and where the product is in it’s lifecycle. Maybe the product needs to an update to extend its lifecycle or maybe the product has matured enough to become a commodity in the market so it’s price may need to be rethought. Product Managers are the key to getting the most bang out of you products.
Case Solution of Process Strategy
ROCHESTER MANUFACTURING’S PROCESS DECISION
Question #1:
As a production manager for RMC, what do you recommend? Why? Solution:
Being production manager supposing flexible machining system’s intrinsic compensations must take decisions which have possible favorability towards FMS so that managerial tasks/ missions become easier and consequently becomes healthier because that might linked with managerial responsibility in relation with development, human resource empowerment, continuance, and organization should necessitate less track and easily control over. You would be accountable to inquire the “numbers people” to be certain them incorporated all of these comparatively inconsequential shop floor subjects in the decision. Question #2:
Prepare a case by a conservative plant manager for maintaining the status quo until the returns are more obvious. Solution:In this decision making process an individual with conservative frame of mind plant manager is required who could be questioned for ROI. This responsibility of plants manager to talk about ROI is considered on top rank but if numbers don’t support your change requirements then it is best for you not to change because it might increase cost of overall organization and plant manager has strong repo so could be in danger due to such decision. Question #3:
The Term Paper on Activity Based Costing – Glaser Health Products Case
... individual product-specific activities. These activities sustain the production process at an overall production plant or ... Schneider, A. (2012). Managerial accounting: Decision making for the service and manufacturing ... stakeholders and other interested parties including managers, investors, investment analysts, employees, suppliers, ... to the activity centers. In the case of Glaser, there is only ...
Prepare the case for an optimistic sales manager who suggests that you should move ahead with the FMS now. Solution:The case for optimistic sales manager would be enhancing time of delivery using JIT to work efficiently and enhancing quality to produce high market share and If company is good in that… Case Study of Rochester Manufacturing Corporation
1. As a production manager for RMC, what do you recommend? Why? As production manager, you believe that the inherent advantages of an FMS should tilt the scales in favor of FMS. Your management task should be easier and therefore better. Your task will be easier and better because those parts of your workday that are related to scheduling, manpower, maintenance, and housekeeping should require less direction and be easier to control. You would be inclined to ask the “numbers people” to be sure they included all of these relatively minor shop floor issues in the decision.
2. Prepare a case by a conservative plant manager for main-taining the status quo until the returns are more obvious.
A conservative plant manager may well be the individual in the decision-making process who is asked about the return on investment. ROI may be largely the plant manager’s responsibility. If the numbers do not support change, then don’t do it. Additionally, the trauma of change in layout, training, and acceptance by workers contains numerous hidden costs. Consequently, the plant manager may have a strong case for the status quo.
3. Prepare the case for an optimistic sales manager who suggests that you should move ahead with the FMS now. The optimistic sales manager’s case is that improved delivery time (i.e., improved throughput) and improved quality may well yield a higher market share, which, if the company is already above breakeven, is great for profitability, and hence ROI will be higher than projected (sales growth is not typically included in ROI computations).
The Research paper on The General Manager Case Study
I. TIME CONTEXT Acme Kemico, a small chemical outfit, was established in the early part of 1986. It was started as a single proprietorship selling paints and house sprays. The office set-up was composed of nine persons namely: a General Manager who was also the owner of the company; an Office Manager who served as the recruiting officer, accountant and overall supervisor; a lawyer who acted as the ...
Additionally, the management task is easier (i.e., fewer machines to maintain, fewer people to supervise), and additional floor space will be available when needed.
