Hi, need to submit a 1750 words paper on the topic Operations Management and Quantitative Techniques.

Hi, need to submit a 1750 words paper on the topic Operations Management and Quantitative Techniques. Accepting the customer’s order and failing to deliver is even worse since it involves an agreement and integrated emotions. The master schedule, therefore, has the implications of helping in managing change with time fences after such fences have been identified, recognized and actively used to manage change, this schedule also has the ability to manage the what-if analysis and the impact on change. It allows for the requests for change to be modeled within the formal planning and scheduling plans for the determination of their overall effect (Fraser, Murphy & Bunting, 2003). Realco has not overpromised, actually, they have under promised as the amounts carried forward keep accumulating as the week’s progress. This has the risk of loss as unnecessary stock may be in store for unexplained reasons. What Realco should do is to update the numbers of the promised orders so that the remaining inventory number can at least go down for the sake of savings in terms of costs. With increased orders, again the revenue of the company may also increase drastically. In the event, that Realco produces 20000 bread makers instead of the previously known 40000, this would mean that production would have been cut by half per week. According to the master scheduling record, the production would only list as 20000 throughout. The net impact will be the reduction of the level of remaining by 20000 though it remains cumulative and the figure continues to rise. Jack’s approach to order promising is the Capable to Promise (CTP) approach whose function includes capacity constraint issues in the calculation and hence it can be integrated together with the production scheduling, manufacturing as well as transfer and purchase planning. In our case, it is integrated together with production brought forward, production and the remaining inventory and its model is based upon the model that is chosen from the capacity-scheduling engine. The program has the advantage of having the ability to respond to “what if” scenarios. He program is able to make calculations of inventory and no bound orders through a calculation of the earliest dates when such items can be available, or when they can be transferred from another place. The main disadvantages are that the system is quite lean and hence slow when it comes to making order promising. It also leads to the accumulation of inventory which may be detrimental to the organization in terms of foreseeable losses hence should be avoided. The program is quite separate from the order promising system calling for the unification for smooth operations (Connelly & Hoel, 2010). There will also be a change in the policies, processes, and procedures for the sake of modernizing the systems. Following on question 2, is neither worse nor good, this is because refusing customers' orders upfront has the impact of chasing away the customer upfront and no business is ready to lose a client since they are what makes it be called a business.