Question: Chapter 5 - Activity 1 Determine the utilization and the efficiency for each of these situations: A loan processing operation that processes an average of
Chapter Activity
Determine the utilization and the efficiency for each of these situations:
A loan processing operation that processes an average of loans per day. The operation has a design capacity of loans per day and an effective capacity of loans per day.
A furnace repair team that services an average of four furnaces a day if the design capacity is six furnaces a day and the effective capacity is five furnaces a day.
Chapter Activity
A producer of pottery is considering the addition of a new plant to absorb the backlog of demand that now exists. The primary location being considered will have fixed costs of $ per month and variable costs of cents per unit produced. Each item is sold to retailers at a price that averages cents.
What volume per month is required in order to break even?
What profit would be realized on a monthly volume of units? units?
Chapter Reflection Paper:
Choose an article from a professional businessmanagementsupply chain journal; we have several available in the Library. For eg International Journal of Supply & Operations Journal, Supply Chain Management Journal, Journal of Operations Management, Harvard Business Review, Sloan Management Review and others, many online and accessible from home.
The topic should be focused on Capacity Planning and How the recent COVID pandemic could have caused a disruption to manufacturing and supply chains globally in specific industries such as Technology, Life ScienceHealthcare Automotive etc....
In a page paper a summarize the content of the article, b describe how it relates to chapter and c the key takeaways and best practices that can be adopted in the future by global corporations.
Attached a copy of the article to this CP assignment.
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