UNIT ONE TONEY L FERGUSON M.B.A., M.P.M MT 435 Operations Management.

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Presentation transcript:

UNIT ONE TONEY L FERGUSON M.B.A., M.P.M MT 435 Operations Management

Contact Information Address: AIM : Toneyishere4u Office # Virtual Office The virtual office should be used for questions pertaining to the class or course so others can benefit from the response.

Seminar Sessions Participation in seminars for this course is mandatory and will be graded. In the event you are unable to attend seminar, you must complete the alternate assignment in order to be eligible to receive any points. The alternative assignment will be a paper that you must take if you do not attend seminar. If you attend seminar, you do not need to complete the alternate assignment. See specific details about the seminar and alternate assignment under each unit, and contact your instructor with any questions. The assignment will need to be completed by 5 days after the seminar.

Grading Criteria/Course Evaluation

Unit 1 Activities

Late Policy In order to move quickly and successfully, specific deadlines for all assignments are clearly stated in the course syllabus. Should a student be unable to meet a deadline, it is expected the student will make arrangements in advance with the instructor to turn work in late. A penalty may or may not be assigned, at the discretion of the faculty member. If a student does not make prior arrangements with the instructor and fails to turn individual work in on time, the following penalties may be applied: Assignments are due Tuesday at 11:59 pm EST.  Without Extenuating Circumstances:  Up to one week (1-7 calendar days) late 20% deduction in points.  After one week (8-14 calendar days) late 30% deduction in points.  No work will be accepted more than two (2) weeks after the due date.  Late work must be submitted prior to the last day of the course.  Final projects will not be accepted after the due date established in the course.  Note: In order for you to make up a quiz, exam or discussion thread, you must contact your instructor by at least one day prior to the day you want to make up the work so that access can be provided. Additionally, you must notify your instructor by when you have submitted late work.

Participating in Threaded Discussions You will communicate with your professor and classmates using the threaded discussion areas. This is where you post your responses to Discussion Questions and share your experiences in completing Exercises and applying the content of the course. Participation in discussions is required and will help determine your grade. You are expected to contribute to each of the Discussion Questions in each unit. You should read all responses of other students and add your own. During discussions, you must demonstrate not only that you understand the subject matter but also that you can apply what you have learned, analyze it, integrate it with knowledge you already have, and evaluate it critically. Your postings should be appropriate and timely contributions that add value to the discussion. Your instructor will provide you more detailed information about requirements and grading related to participation in discussions.

Discussion Boards Discussion Questions provide a forum for students to seek clarification and answer important questions about the course material. The discussion also allows students to receive feedback from the instructor and other students in the class. A discussion question grade will be posted to the grade-book for each Unit using the following grading criteria. The Discussion Board Requirement:  Post a minimum of three posts per discussion question. One initial response and two replies to your classmates  Posting on a minimum of three different days, for example: Wednesday, Friday and Monday  The first post must be made by Saturday.

Albatross Anchor

Albatross Anchor Facility Layout

Unit 3 Written Assignment – Question One Based on the information presented in the scenario discuss Albatross Anchor’s competitiveness in relation to (please address all items in the below list and provide support for your conclusions:  (a) Cost (consider cost of production, economies of scale in material purchasing, cost or raw materials and finished goods sitting idle in the warehouse.  (b) Speed of manufacturing process from order to finished product.  (c) Flexibility in filling order(s)  (d) Technology  (e) Capacity and facilities. The current floor plan is inefficient. Please tell what about the current floor plan makes it inefficient and give recommendations for improvement. What type of factory would be best for mixed model manufacturing?  (f) Service to customers. What types of services would an anchor company provide to marine wholesalers?

Unit 3 Written Assignment – Question Two

Breakeven Formula

Q = F C / (U P - V C )  where:Q = Break-even Point, i.e., Units of production (Q),  F C = Fixed Costs,  V C = Variable Costs per Unit  U P = Unit Price Therefore, Break-Even Point Q = Fixed Cost / (Unit Price - Variable Unit Cost)

Any Questions Thanks for your attendance today