HERE IS HOW THE TWO CASES OF PRODUCTION MANAGEMENT ASSIGNMENTS SHOULD BE:

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Name: The Other Woman In Marriage

Reg. No.: 07069373637

Dept.: Business Administration

Faculty: Management Science

Group: A

Level: 500

Course: Production Management

Course Code: Bus415

Topic: Cases 3 & 4 In Production Management text book

SOLUTION TO CASE3:

PROBLEMS IDENTIFIED FROM CASE3:

1. KTC will sub-contract the voice synthesizer

2. Production runs have been short runs to fill customer orders

3. If the “Jackson Doll” is to go into production, the production run size will have to be large and assembly and testing procedures will have to be more refined.

EVALUATION OF THESE PROBLEMS:

1. KTC is considering sub-contracting the voice synthesizer to sub-contractors and that would cost money and may not get the best voice synthesizer to match with the doll.

2. The short runs of production to fill customers order means- In the short run, at least one factor of production is fixed; this means that output can be increased by adding more variable factors such as employing more workers and buying in more raw materials

3. The production runs size will have to be large and assembly and testing procedure will have to be more refined if the Jackson doll goes on production. This means that the company will have make provision for adequate workers, materials if increasing the runs size.

a. If KTC is sure that its skilled workers/engineering department can contract the doll and the voice synthesizer that will be sub-contracted will fit in perfectly, they can go ahead on the decision of producing it as the profit margin worth it.

b. With Cost Volume Profit (C.V.P Analysis), KTC will ascertain their break-even, margin of safety and make profit. Once that is ascertained, they can increase the production runs size.

CURRENT AND CURRENT POLICY CHOICES ON THE MANUFACTURING POLICY

Kaduna Toy Company (KTC) correct and current policy choices on the manufacturing policy is viewing its primary task as making for stock a standardized line of high quality, unique toys that last from publum to puberty and KTC introduces one or two new toys a year. Currently, each toy maker performs almost all processing step at his or her work bench.

Idris jibrin can go ahead to introduce the “ Jackson Doll” based on the following findings and reasons:

1. The production engineering department believes that the assembly of the new toy is well within the skill levels of the current work force

2. The marketing department has forecast a demand of 5,000 “Jackson dolls” for the Christmas rush.

3. The doll would sell for N28.50 as a preliminary cost analysis made by the process engineering department was that they will cost no more than N5.00 each to manufacture. So KTC will profit from introducing the Jackson doll

4. Financing is available and there is no problem with cash flow

SOLUTION TO CASE 4:

PROBLEMS IDENTIFIED FROM CASE4

Here are some problems identified with Jonas’s Gym;

(a) The Gym originally was built for men

(b) The resistance from customers because Jonas requested them to come at slow periods during the day or evening if or when the equipment is scheduled to capacity

(d) Membership has dropped from 500 to 300 and profit also has dropped proportionately

1. EVALUATION OF THE PROBLEMS

(a). The Gym that was built for men originally, now consists of separate facility for men and women and that would pose some challenges to the owner Jonas because, he has to get a separate place for the women and even get separate facilities that would cost a lot of money and purchase money equipment or manage what is on ground.

(b) Telling customers to come at a slow periods during the day or evening if or when the equipment is scheduled to capacity is another problem because, customers are always right as the saying goes and they have their spare time for the GYM and that time must not be changed by the owner – that could result to alterative decision by the customers to consider another GYM.

(c) Jonas’s Gym has no Licensed Beauty Consultants – he uses graduates who are only interested in athletics and for that, they can’t bring out their best in the GYM business. When you use unskilled staff for your business, there must be a decline in patronage.

(d) Membership has dropped from 500 to 300 and even profit as well because from the above statement problems, it is so glaring that the patronage would be affected and once your patronage has dropped, income will also drop.

PROFFERING SOLUTION TO ALL THESE PROBLEMS

a. Jonas new primary task should be as follows:

b. Get Licensed Beauty Consultants

c. Get Gym Instructors/Experts and not graduates that are interested in athletic alone

d. Let his customers come at their scheduled time and not at Jonas’s time

To reverse the trend in memberships based upon my analysis, Jonas should take the following steps:

a. Hire licensed beauty consultants/expert GYM Instructors

b. Buy latest GYM equipment

c. Renovate the entire GYM facility and make the environment conducive for the users

d. Finally, Jonas should advertise his GYM in most viewing TVs stations/media houses and include all the recent changes as mentioned in (a to c) in his advert/promotion campaign.

REFERENCES:

Students, there is nothing wrong in referencing The Other Woman In Marriage Blog for this assignment ok. Kindly, edit yours a little bit to look different from what I have posted so that we don’t have the same assignment. Change your characters, size fonts etc.. Note also that I have posted 2 out of the three assignments we have. I have posted Production Management, Small Business Management. The Small Business Management Feasibility, is correct, but you need to reduce it to 4 pages and change your to saloon, cyber café, or something else. Where you see poultry, change it to your own business. Always browse the Blog's Archive for past topics I have treated. Most topics have been treated and they are there for you. Check the Archive or the Old posts.