Production Management – Final
COURSE CODE COURSE NAME: PRODUCTION MANAGEMENT Task brief & rubrics
Task 1 – MID-TERM SUMMATIVE ASSIGNMENT
PART 1:
FLOW CHART EXERCISE (40%):
Go to the next link: https://www.youtube.com/watch?v=9n8gNyIOZDM and draw the flow chart of the process how TISSUES are made.
PART 2:
EXERCISE (20%):
An automobile manufacturer plans to produce 70,000 cars in the next year. All cars planned for production use the same headlamps (2 units per car); therefore, demand for the lamps for the next year is known to be 140,000 units. The purchasing agent wants to know how many lamps to buy at one time. Historically, lamps have been received two days (lead time) after they were ordered. It costs € 11 to order lamps, and the holding-cost fraction used by the auto company is 23 % per year. The lamps cost is €0,55 each.
- What is the Economic Order Quantity?
- What is the number of orders per year?
- What is the frequency of orders? Assume the company works 365 days a
- The company works with a Safety Stock of 3 What is the level of this stock?
- What is the Average Stock?
PART 3:
CASE STUDY: (40 – 20% each question)
Select any production company that operates in the global markets and explain the following points:
- Type of production system
- Concept of “global production” (provide examples).
The Mid-term assignment must be prepared individually in essay format (word, pdf files).
Submission: Sunday 19th June, 2022 at 23:59 CEST – Via Moodle (Turnitin).
Weight: This task is 40% of your total grade for this subject.
Formalities:
- Wordcount for both assignments: 1000 words.
- Cover, Table of Contents, References and Appendix are excluded of the total wordcount.
- Font: Arial 12,5 pts.
- Text alignment: Justified.
- The in-text References and the Bibliography have to be in Harvard’s citation style.
It assesses the following learning outcomes:
- Outcome 1: Understand the production management within operation management.
- Outcome 2: Describe operations processes design and their management to contextualize and improve production performance.
- Outcome 6: Understand production in the global setting.
Task 2 – FINAL SUMMATIVE ASSIGNMENT
PART 1
CONTEXTUALIZED LAYOUT COMPARISON: (15%)
In a magnet factory the boss is considering a reorganisation of the lay-out. She is considering the two proposals below. Which is the best way? Complete the table below and justify your recommendation with the reasons why.
LAY-OUT 1 LAY-OUT 2
|
|
LAY-OUT 1 |
LAY-OUT 2 |
|
1. Productivity |
||
2. Resources needed |
|
|
3. Bottlenecks
|
|
|
4. Standardization |
||
5. Multitasking |
||
6. Specialization |
Recommendations and Justification
PART 2: (45% – 15% each question)
Students are required to develop a individual report addressing the following specific tasks set out in the guideline below.
Task briefing
- Choose a specific operations system within a specific industry.
- Briefly explain the phases of PPC of at least one process/product, identify the main drivers or factors that determine its overall performance.
- Propose different measures and actions to take to enhance the productivity.
PART 3:
CASE STUDY: (40 – 20% each question)
CATALFEN
Company CATALFEN is located in Barcelona. They design and manufacture high-tech LED lighting. The company is family owned (Angel Hernandez, owner) exporting 75% of their production to 25 different countries all over the world. Products are usually customized considering different design requirements, voltage, frequency as well other electrical parameters. Quality control has been implemented at the end of the production process. Each and every component is dimensionally and electrically checked by one employee separating out the wrong units. During the last 2 years, sales have experienced a dramatic growth. However, rejections have also increased from 0,3% up to 3% of the total production. Alicia Hernandez, owner´s daughter has recently graduated from the EU Business School. She has joined the Company with the main task of improving quality ratios.
1. Identify and explain the main weaknesses of the existing quality control process?
- If you wanted to improve the Quality Control process and the performance indicators of the company, which changes should you implement in terms of quality control? Which quality systems should you put in practice?
The Final assignment must be prepared individually in essay format (word, pdf files).
Submission: Sunday 17th July, 2022 at 23:59 CEST – Via Moodle (Turnitin).
Weight: This task is 60% of your total grade for this subject.
Formalities:
- Wordcount for both assignments: 1000 words.
- Cover, Table of Contents, References and Appendix are excluded of the total wordcount.
- Font: Arial 12,5 pts.
- Text alignment: Justified.
- The in-text References and the Bibliography have to be in Harvard’s citation style.
It assesses the following learning outcomes:
- Outcome 1: Understand the production management within operation management.
- Outcome 2: Describe operations processes design and their management to contextualize and improve production performance.
- Outcome 3: Assess lay-out design and evaluate facility location.
- Outcome 4: Understand quality control components and measures.
Rubrics
Exceptional 90-100 | Good 80-89 | Fair 70-79 | Marginal fail 60-69 | |
Knowledge & Understanding (25%) | Student demonstrates excellent understanding of key concepts and uses vocabulary in an entirely appropriate manner. | Student demonstrates good understanding of the task and mentions some relevant concepts and demonstrates use of the relevant vocabulary. | Student understands the task and provides minimum theory and/or some use of vocabulary. | Student understands the task and attempts to answer the question but does not mention key concepts or uses minimum amount of relevant vocabulary. |
Application (30%) | Student applies fully relevant knowledge from the topics delivered in class. | Student applies mostly relevant knowledge from the topics delivered in class. | Student applies some relevant knowledge from the topics delivered in class. Misunderstanding may be evident. | Student applies little relevant knowledge from the topics delivered in class. Misunderstands are evident. |
Critical Thinking (30%) | Student critically assesses in excellent ways, drawing outstanding conclusions from relevant authors. | Student critically assesses in good ways, drawing conclusions from relevant authors and references. | Student provides some insights but stays on the surface of the topic. References may not be relevant. | Student makes little or none critical thinking insights, does not quote appropriate authors, and does not provide valid sources. |
Communication (15%) | Student communicates their ideas extremely clearly and concisely, respecting word count, grammar and spellcheck | Student communicates their ideas clearly and concisely, respecting word count, grammar and spellcheck | Student communicates their ideas with some clarity and concision. It may be slightly over or under the wordcount limit. Some misspelling errors may be evident. | Student communicates their ideas in a somewhat unclear and unconcise way. Does not reach or does exceed wordcount excessively and misspelling errors are evident. |