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MGNT 3430 - Operations Management

Project Instructions

The general requirement:
Choose a specific operation (perhaps a subset of a company which has multiple operations), thoroughly describe that operation, and identify areas for improvement.

 

Goals of the project:

  1. To apply classroom ideas to real-world operations.

  2. To recognize how, when, and why various operating decisions are made.

  3. To observe the additional complexities, complications, and constraints of real-world operations.

  4. To begin to recognize ways in which operations can be improved.

  5. To gain experience communicating current and proposed approaches to operations.

 

Teams: 
The project may be accomplished individually or by teams, consisting of no more than four students. If a team is used, each team member should individually (separate from the project report) submit the following information at the time the report is due:

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A description of the role played and activities accomplished by each team member, including self. One page, type written.

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An evaluation of the contributions of each team member, including self. In addition to any narrative comments, rate each team member's performance on a 10-point scale, where higher scores are better.

NOTE: If you are not satisfied with the contributions of a team member, you should first discuss your concerns with that person. If you are unable to resolve your differences, you can and should determine this and dissolve your team in sufficient time to make other arrangements.

 

The deliverable: A professionally accomplished slide presentation with a one-two page executive summary which accurately and thoroughly characterizes the operation, applying concepts covered in the course. The report should be organized as follows:

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Introduction: Briefly introduce the company, to include the products and services it provides and who its customers are.

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Process Description: Describe the chosen operation, to include its inputs, processes (describe/explain as necessary), and outputs. Explain/characterize the process flow configuration being used, i.e. Is it a job shop, flow shop, assembly line, etc. Better descriptions will include a layout of the operation and/or a process flow diagram.

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Inventory Methods: Describe the methods used to manage the company’s raw material, work-in-process, and end item inventories. This would includes topics such as independent demand, dependent demand, and just-in-time. If computer systems are used, what is the underlying logic?

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Operations Planning and Control: Describe how the company decides what work it will do at what time. This would include such things as its production planning and scheduling methods and capacity planning. Does expediting occur? If computer systems are used, what is the underlying logic?

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Customer Service and Quality: Identify specific measures of customer service, quality, or overall performance being used. Also discuss any process improvement methods in place or planned.

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Conclusion: Identify which aspects of the operation are particularly key to its competitiveness. Identify particular concerns of the operation’s managers. Identify and prioritize specific opportunities for improvement.

Format: 
The executive summary should briefly outline the problem and the solution chosen and why.  It should be no longer than two pages.  Think about writing a summary to the boss.  The presentation should be printed four or six slides to a page.  Please staple your paper in the upper, left corner and do not use document protectors or file folders.

 

Suggestions:

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Establish contact with the subject organization early.

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Try to have one or more points of contact, but respect their time and availability.

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To the extent possible, gather data and confirm what you’ve been told through direct observations. Do not automatically believe everything you read or are told!

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Where possible, use the ideas and terms presented in the text (or other relevant sources) to support your observations and recommendations.

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Provide data and rationale to support your observations and recommendations.

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Use figures, tables, or other graphics where helpful to communicate more effectively.

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Treat the information provided by the organization as being confidential and let them know that I will do so also. None of us should communicate any of the information outside of this class without first obtaining the subject organization’s permission to do so.

 

Evaluation: 
I will subjectively evaluate each project in terms of the breadth of topics covered, depth of insight on each topic, apparent correctness of understanding, quality/value of recommendations, and support for the ideas presented. When assessing the value of your work, I will attempt to assume the perspective of a member of the subject operation and may also solicit evaluations from other current or former practitioners. Although the project is to be professionally accomplished, the quality of presentation (e.g. grammar, organization, spelling, etc.) will also influence the grade. Finally, I will consider the number of team members, the relative difficulty of the project, and the team evaluations in determining each member's grade. (It is possible for different members of the same team to receive different grades.)