Operations Management Case Essay Example | Topics and Well Written Essays - 1250 words

Operations Management Case - Essay Example Aggregate planning, a medium-range capacity planning system that typically covers a time horizon of anywhere from 3 to 18 months, has as its goal that of achieving a production plan that effectively utilizes the firm’s resources to satisfy expected demand. Decisions have to be made on output rates, employment and inventory levels and changes, back orders, and subcontracting, in effect determining not only the output levels planned but also the appropriate resource input mix to be used. Before we tackle the solution, we summarize the basic assumptions for our calculations. Basic Assumptions Table 1 contains the 12-month demand forecast and our assumptions. Aside from the total output, number of workers, cost assumptions, and labor force parameters given in the problem, we would like to highlight some key assumptions not indicated in the statement of the problem but which have an effect on the solution. The first is the capacity cushion, which determines how much excess inventory we would like to have at the end of the month to act as a buffer for potential variations in demand. A high cushion level would entail inventory costs, while a low level would entail stock-out costs that were neither given. The given initial inventory level of 200 units is equivalent to 22 percent of maximum demand (900 units in October) and 29 percent of year-end demand (600 units). Working on the principles of zero stock-outs and the maximization of resources, we calculated the standard deviation in monthly demand as plus or minus 20 percent and made the convenient assumption to keep the capacity cushion at this level of production capacity or roughly 100 units per month.

Revolution of architecture Coursework Example | Topics and Well Written Essays - 7000 words

Revolution of architecture - Coursework Example Beijing the capital of China has undergone such a rapid change in quite a short span of time similar to a few other capital cities like Hanoi, Vietnam that were destroyed after the war and other calamities.(Economist ed 2004 pp 63). Beijing was nothing but a rubble of old alleys and small streets and dilapidated apartment blocks, but today this is a city of commercial interests that has led to the birth of rapidly growing office towers, skyscrapers, shopping malls and supermarkets, colossal stadiums and lavish government buildings. With this reformed transformation one has to agree that there was a high influence of westernization in the bigger cities of China not only on the domestic front but also globally. This transformation took place after 1949 with an attempt to create profitable markets not only for consumption but also to reform it into a city of production and trade. PROBLEM STATEMENT In this study the problem is defined as "Does urban design or planning in Beijing relate to the western concepts of architecture and in what way are they related'" This relation between urban design and architecture is necessary so as to understand the perspective of the research. In this study yet another problem is defined as "which theory will be best acknowledged from the theory perspective". Is it the post-structural social theory OR post-modernism theory or post Marxist theory that will be seen in the application and existence of revolutionized architecture' EXECUTIVE SUMMARY In this dissertation, the research will be focusing on the architectural advancement in Beijing and the manner in which the Western form of architectural styles enhanced the outlook of the city of China. During the 1950's there was a breakthrough in Chinese...With this reformed transformation one has to agree that there was a high influence of westernization in the bigger cities of China not only on the domestic front but also globally. This transformation took place after 1949 with an attempt to create profitable markets not only for consumption but also to reform it into a city of production and trade. In this study yet another problem is defined as "which theory will be best acknowledged from the theory perspective". Is it the post-structural social theory OR post-modernism theory or post Marxist theory that will be seen in the application and existence of revolutionized architecture' In this dissertation, the research will be focusing on the architectural advancement in Beijing and the manner in which the Western form of architectural styles enhanced the outlook of the city of China. At this juncture the Chinese architects began to examine the social princ