Week 2 Assignment - Decisions for Quarter One and Quarterly Business ReviewPart I: Decisions for Quarter One. Prior to working on your Decisions for Quarter One, review the following through the Growi
/ "Growing Your Business" - A Management Simulation Developing Project Project 02 Available Project Project 01 Project 03 No report from competitors Status Summary Status: No investing plan PROCESS SIMPLIFICA TION We have been studying the design of several of our major assemblies to see if there is a way to simplify the process and thereby reduce off specification material, hazardous waste emissions and the labor content of the product. We find that we can redesign and simplify two of the assemblies. Positive hits can be made in all three areas, however at this stage we can only definitely count on a cut in the total labor content by 25% (this means that the Planned T ime will be reduced by 25% in the implementation quarter).This redesign will be a major undertaking. We will need $25,000 in each of the next two quarte rs to get it ready to implement. We can shorten that time to one quarter , but it will cost $60,000. It can not be done any faster than this no matter what the cost , si nce the required regulatory permits to build the new lines is three months.
At our current production rates this would have a payback of less than one year. I think we should go ahead as soon as possible. R&D Contact Us (mailto:[email protected]) © 1991-2020, T ri Corporation. (http://www.tri-simulation.com/) Reginald Whimbush Hisco SWOT and STRA TEGY R &D F in ancia l S ta te m ents S upply C hain M gt
