Ops 571 Week 2 Individual Assignment
Purpose of Assignment
The purpose of this assignment is for students to learn how to apply Statistical Process Control Methods to a business process.
Resources: Microsoft® Excel® and PowerPoint®
Select a complex continuous process from your personal life or work. The process can be the same as in Week 1 assignment.
Complete the following:
- Use Microsoft®Excel®to calculate the defined process metrics including variation and process capability.
- Use Microsoft®Excel®andPowerPoint®to develop and display a control chart for the process.
Evaluate the control chart and process metrics using Statistical Process Control (SPC) methods.
Evaluate whether the process could benefit from the use of Six Sigma tools.
Develop a 525-word executive summary in which you describe your Statistical Process Control project and include the control chart with SPC.
Format your assignment consistent with APA guidelines.
Click the Assignment Files tab to submit your assignment.
This Tutorial contains 2 Set of Paper Review the Riordan Manufacturing Virtual Organization. Write a paper of no more than 1,400-words that includes the following: Determine Riordan's manufacturing strategy (chase, level, or combination) and explain its benefits Create a process flow diagram for the electric fan supply chain Select two metrics to evaluate performance of the electric fan supply chain Describe the supplier relationship and the effects on the supply chain. As part of this consider the following: Type of relationship Supplier location, size of company, and financial stability Metrics used to measure supplier performance (on-time delivery, defects, etc) Supplier improvement strategies Describe how lean production principles may be used to maximize the efficiency and effectiveness of the electric fan supply chain process Select a business forecasting technique (qualitative or quantitative) for the electric fans and describe the forecasting process to be used at Riordan Create a sales forecast for electric fans using selected techniques Develop Aggregate Production Plan, Master Schedule, and Materials Requirement Plans for electric fans based off the sales forecast. Be sure to include the following: The determination of inventory requirements of the electric fans component parts and finished goods The selection of an appropriate inventory system (fixed order quantity, two bin method, etc.) to meet inventory requirements Click the Assignment Files tab to submit your assignment. Begin working on the Week Six assignment. In Week Six, you propose and implement new process design and supply chain processes for the manufacturing of Riordan's electric fans.