Alfred's grinds (a fictitious company) manufactures various wooden products mainly for companies. One of the company's larger
Question:
Alfred's grinds (a fictitious company) manufactures various wooden products mainly for companies. One of the company's larger customers went bankrupt, which came as a surprise to Alfred, who owns the company. It didn't take long, however, until there was a request from one of the country's largest building materials companies for 2,000 wooden gates. To save the company from loss and its consequences, Alfred promised delivery within 10 weeks. A decision that he made on his feet when you are in great need of income. Now in the sick pallor of reflection, Alfred wonders what he's gotten himself into. Your task is to present a proposal on how it can be implemented, if it is now possible. As the previous customer went bankrupt, two experienced carpenters are available and an area of 10x15m with commonly used carpentry tools and machines. However, it takes two weeks to liquidate the old customer and adapt the surface for the production of gates. The company also has a delivery time from subcontractors of two weeks, which means that you have 8 weeks to produce the gates.
• Propose and justify a production layout.
• Propose and justify a production process.
• Propose and justify a warehouse layout, how the material should be stored.
• Calculate the production lead time.
• Calculate the capital commitment for stocked material.
• Discuss the pros and cons of your solution.
• Discuss assumptions you made, as well as simplifications based on reality.
Fundamentals of Cost Accounting
ISBN: 978-0077398194
3rd Edition
Authors: William Lanen, Shannon Anderson, Michael Maher