Purchase Solution

Time restraints in operations improvement

Not what you're looking for?

Ask Custom Question

You are the operations manager of a large manufacturing company that produces widgets. Your widgets currently sell for $100 each. Your current cost to produce these widgets is $80.00 each. You have proposed a series of changes to the operations process that would reduce the cost to produce a widget to $64.00. The marketing manager of your company has proposed a marketing campaign that she believes will increase sales of the widget by 50%. The financial officer of the company has proposed a project which will enable the company to restructure their financing and reduce finance costs by 50%. The Board of Directors is meeting next week to decide which proposal to accept (They are only going to support one of the three proposals).

1.If you were a member of the Board, which of the above proposals would you support? Please provide your reasoning as to why you would support this proposal.
2.If you were asked to present to the Board the case for making changes to the operations process, what would be your main talking points?
3.Provide a scenario where you would recommend the Marketing proposal.
4.Provide a scenario where you would recommend the Finance proposal.

Purchase this Solution

Solution Summary

Attached Word document gives an evaluation of proposals and recommendations based on it.

Purchase this Solution


Free BrainMass Quizzes
IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Marketing Research and Forecasting

The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Motivation

This tests some key elements of major motivation theories.