read “ space age furniture company ” B u s i n e s s F i n a n c e
Read “Space Age Furniture Company” in Chapter 9 of your text. Respond
to the following and include any Materials Requirement Planning (MRP)
- Develop an MRP for Space Age Furniture Company using the
information in the case including the production of sub-assemblies in
lot sizes of 1,000.
- The lot size of 1,000 for sub-assemblies has produced a lumpy
demand for part 3079. Suggest ways for improvements over sub-assemblies
in lot sizes of 1,000.
- Analyze the trade-off between overtime costs and inventory costs.
- Calculate a new MRP that improves the base MRP.
- Compare and contrast the types of production processing—job
shop, batch, repetitive, or continuous—and determine which the primary
mode of operation is and why.
- Describe ways that management can keep track of job status and location during production.
- Recommend any changes that might be beneficial to the company and/or add value for the customer.
The final case study should demonstrate your understanding of the
reading as well as the implications of new knowledge. The paper should
integrate readings, scholarly sources, and class discussions into work
and life experiences. It may include explanation and examples from
previous events as well as implications for future applications.
The purpose of the final case study is for you to culminate the
learning achieved in the course by describing your understanding and
application of knowledge in the field of operations management.
Guidelines for Writing the Final Paper
Writing the Final PaperThe Final Paper:
Must be 10 to 12 double-spaced pages in length (not
including the title and reference pages) and formatted according to APA
style as outlined in the Ashford Writing Center. Must include a title page with the following:
Title of paper Student’s name Course name and number Instructor’s name Date submitted Must begin with an introductory paragraph that has a succinct thesis statement. Must address the topic of the paper with critical thought. Must end with a conclusion that reaffirms your thesis. Must use at least five scholarly sources. Must document all sources in APA style, as outlined in the Ashford Writing Center. Must include a separate reference page, formatted according to APA style as outlined in the Ashford Writing Center.
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