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Operation management

“Improving Operations Management in a Hungarian Small Business: A Case Study Analysis and Recommendations”

Find an existing HUNGARIAN small service- or manufacturing-based organisation that you can visit and get information on. You are required to write an analytical report on certain OM aspects of the organisation aiming at improving the business. Your report should include the following parts:
1. A general description of the organisation including:
▪ A brief introduction
▪ A mission statement
➢ What products/services are offered to what customers in what way?
▪ Identify the goods and services provided
▪ Company’s position in the supply chain
➢ Identify the immediate suppliers and customers
➢ Outline the entire supply chain (network) the company is part of
2. ​A critical analysis containing the following elements including suggestions for improvement wherever possible:
a. Describe and evaluate the possible process of product/service development at this company. Are there any new products/services you think the company should develop in the future? How could the current products of the company be improved?
b. Evaluate the facility location
▪ Discuss the advantages and disadvantages of the current location and try to find out the reasons for this particular choice.
▪ Use analytical tools to see if you can suggest a better location or not.
c. Identify the process type and analyse the operating system (or a part of it) with the help of 1-3 relevant process analysis tools: precedence diagrams, process flowcharts, process maps. Investigate if there are any bottlenecks in the system and suggest improvement possibilities to increase the capacity.
d. Provide a sketch drawing of the facility layout and evaluate it with regard to the nature of operations. Consider changes for possible improvement. Use a layout planning tool if relevant.
e. Evaluate the company’s quality assurance system. Use 2-3 TQM tools to investigate possible quality related problems at the firm.
3. A summary of your findings in which you have to
• give your overall opinion about the operating system of the company;
• discuss how the five operations performance objectives are influenced by the previously analysed OM aspects, and
• evaluate the strategic importance of your recommendations for improvement.

Categories
Operation management

“Revitalizing Coca Cola: A Marketing Strategy for Success”

Hello, 
All of the information and instructions are attached in the document. 
OUR COMPANY IS COCA COLA. 

Categories
Operation management

Production Planning and Budgeting Simulation: A Case Study Title: “Optimizing Production Planning and Budgeting: A Simulation Case Study”

This case puts you in the driver seat (as a production planner). The task is to prepare a production schedule. and to determine the operating budget for such a plan.   Conceptually, you might try a Chase or Level type plan, but you need to abide by the constraints – which are very specific.   There are 3 worksheets available to execute this plan – the 1st Aggregate Plan worksheet  is where you determine your production plan/schedule (by indicating the number of lines and any overtime hrs per day – (yellow highlights), and then determine the associated budget costs (blue highlights) of your plan.   You can use the defaulted number of production lines and overtime hours as a first try;   Once you’ve determined your budgeted plan, then there is the Simulation worksheet where you need to indicate the Actual Production Rate and the Actual Demand columns cells (in reality the actual data would be getting filled in each week as time progresses), but you need to fill all 52 weeks with numbers into the blue cells (simply enter 450 into the Actual Production Rate column (each cell) and then copy the Forecast column into the Actual Demand column) – which will end up simulating how much your plan will actually cost onto the 3rd worksheet;   This 3rd worksheet is the Actual Cost worksheet, which will fill in automatically, based on data from the Simulation Worksheet.     The main idea here is to do your plan (sheet 1), estimate your budget (sheet 1), enter in the production rate and demand (sheet 2),  which will automatically generate numbers showing the actual costs (sheet 3).   You should compare your budget (sheet 1) to what it actually costs to execute (sheet 3).    Lastly, you should make an attempt to reconcile any differences between your budget and the actual costs that are simulated.    Make adjustments to your plan/budget, and rerun again, till you get the budget and actual costs to align.