Question: Please write something different than the other post and about a Gas station/convenience store that has 2 stores. The type of organization that I would
Please write something different than the other post and about a Gas station/convenience store that has 2 stores.
The type of organization that I would like you to focus on this semester for your operations strategy is a gas station/convenience store. You can choose to structure your project on a large, global chain like Marathon, or you can scale it down to a small mom & pop shop. Either way, just limit the scope of your project to just station/store or no more than a few stations/stores clustered relatively close together. Please refer to the project description in the syllabus for information about the outline of topics that should be included in the report in addition to formatting, length, structure, etc.
To give students an opportunity to synthesize topics discussed in the course, each student will develop the operations plan for a theoretical company competing in a predefined segment of the market/industry. Each student will develop a 5-6 page executive summary report (double-spaced, Times New Roman, 12 pt font) that outlines the operations plan for the company. This is a theoretical scenario, but the report, and the analysis/data included within the report, should be realistic. While not required, the project could be enhanced by benchmarking an existing business that competes in a similar market/industry to assess the operations of the existing business; however, the final report shall be constructed as a theoretical (fictitious) company. In order to earn the opportunity to receive full credit for the project, the report should include(in some form) but is not limited to, the relevant topics in the outline below. Please use the outline below as headings in your report.
a.Introduction of the theoretical firm. Mission statement, and vision statement, along with any other relevant information about the firm.
b.Description of the products and/or services provided.
c. Operations Strategy.
d. Location(s) of the firm (including any warehouses, distribution centers, etc if needed)
e.Productivity, Forecasting, Capacity, Inventory Mgmt. and Quality Control considerations.
f. Break even analysis including fixed and variable costs, potential revenue, and selling price
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