Product Design and Decision Making Tools Essay Example

Product Design and Decision Making Tools Paper Assignment Day 4 Question 5. 9 Prepare a product-by-value analysis for the following products, and given the position in its life cycle, identify the issues likely to confront the operations manager, and his or her possible actions. Product Alpha has annual sales of 1,000 units and a contribution of $2,500; it is in the introductory stage. Product Bravo has annual sales of 1,500 units and contribution of $3,000; it is in the growth stage. Product Charlie has annual sales of 3,500 units and a contribution of $1 ,750; it is in the decline stage. Sort descending this list by looked at the individual dollar contribution and total annual dollar contribution. Product Bravo Product Alpha Product Charlie Contribution $3,000 $2,500 $1,750 Annual sales 1,500 units 1,000 units 3,500 units Life cycle Growth Introduction Decline Sales Look at the table and graph, product Charlie at decline stage of life cycle and know this product will be end in the certain period from now. The products are not up to date, not suitable for this era (technology era). Thus, the customers turn to the competitor products because they come out with new and fresh idea. We will write a custom essay sample on Product Design and Decision Making Tools specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Product Design and Decision Making Tools specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Product Design and Decision Making Tools specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Therefore, this product must produce in the small quantity while it has the demand and also as organization responsibility for certain people that cant adapt new 1 | P a GE products. Besides that the organization must plan to terminate offering. For product Alpha, it seat at the introduction of life cycle, so for this product, it didnt have any problem to produce in a large quantity if it get the good response from customers but if the response from customer is bad or not well, produce the product in the small quantity. Because, these products are new in market, not all customers know about it and also still need some changes. Additionally in this stage, should to do ore on research, product development, process modification and enhancement and supplier development. In addition, the advertising to introduce or promote this product to customer must do it well. Furthermore, the life cycle of product Bravo is growth. In this stage, the product is become stable, because the customers already know about the products. Thus, by add more on quantities to accommodate the raise in product demand. Last but not least, the advertising also must do for create the demand. Question 5. 11 The product design group of Floors Electric Supplies, Inc. , has determined that it needs to design a new series of switches. It must decide on one of three design strategies. The market forecast is for 200,000 units. The better and more sophisticated the design strategy and the more time spent on value engineering, the less will be the variable cost. The chief of engineering design, Dry.

Nast essays

Nast essays Blessed with their various gifts and talents, many Americans have influenced the future course or our nations history. Among those who have done so, Thomas Nast has proved to be one of them by the use of his influences as a political cartoonist. Throughout the course of his career, he is thought to have become far more than a successful political cartoonist- he had become a presence, an institution. His cartoons chronicled the American scene from the Civil War period to the turn of the century. They highlighted every major national event and issue, the political process, elections, and scandal in the government. The American scene was perfect in subject matter for Nast. The country was fast becoming an industrial nation; railroads were spreading, factories were being built, and cities were fast becoming crowded with immigrants that supplied cheap labor. Scandal was everywhere. Elections were being rigged and Thomas Nast was there to catch and display all of it. Thomas Nast was born on September 27, 1840 in Landau, Germany. Following the tradition of thousands that immigrated to America, young Nast, his sister, and his mother came to the United States in 1846 while his father followed four years later.1 It was difficult enough for a 15-year-old to get a job but it was more difficult since Thomas could not read or write. The only skill he had to offer was his ability to draw what he saw. His first job that he got through continuous persistence was working as an illustrator for Leslies Weekly. It was during his first three years of employment there that Thomas Nast drew his first cartoon attacking civic corruption, a theme that was to bring him fame in later years.2 In the spring of 1862; Thomas joined the staff of Harpers Weekly Magazine as a war correspondent. However, it was his drawings that attracted the most attention and aroused Northern Patriotic fervor to such a note that by the wars end Thomas Nast w...

Role of HR Department in the Success of an Organisation Essay

Role of HR Department in the Success of an Organisation - Essay Example The entrance of new enterprises in corporate arena has intensified the competition among firms; hence every entity is more focused towards cost leadership so that it could ensure business survival and expansion. Indeed, the old workplace rules, regulations, requirements and criteria have been replaced by new workplace standards and roles so that the organisations could flourish in an absolutely uncertain, unpredictable, unclear, unstructured and unexpected business environment. The new workplace demands a greater emphasis on open communication, information sharing and team building that, in turn, leads to greater coordination, collaboration and cooperation among employees – employers. Unequivocally, Human Resource Management plays its vital role in goal accomplishment and organisational success because HR managers are solely responsible for recruitment, selection, training and skills development, employee compensation, placement, performance evaluation and retrenchment. For in stance, the aforementioned functions are also a part of employee resourcing, which sometimes also known as strategic resourcing (Kato, 2009); (Alcazar et al, 2005). It is worthwhile to mention that the debate on employee (strategic) resourcing has been intensified because of the increasingly vital role of HR department in the success of an organisation. Nevertheless, HR professionals are also aware of the fact that employees tend to face work-family conflicts when they are bombarded with excessive tasks and job requirements coupled with unrealistic goals and targets that are unachievable. For instance, employment discrimination and glass ceiling restrict the entry and progress of many deserving workers, which comes under unfair behaviour. Next, employers tend to force employees to work for additional hours without any extra disbursements/payments for overtime (Webster, 2011). Therefore, the employee resourcing task becomes complicated and challenging for enterprises of the 21st cent ury, which could not assimilate excessive business costs as an outcome of low productivity (due to employee dissatisfaction and low job morale) and higher employee turnover rate (Morrell et al, 2001). The paper will remain specific to the discussion of issues faced by organisations in employee resourcing and their implications. The researcher will critically evaluate and analyse the core issues with reference to existing literature as well as provide practical examples to comprehend this topic. The researcher will then demonstrate the procedures that could facilitate in employee resourcing. Finally, the researcher will present conclusions and discuss some useful recommendations based on his practical exposure and working experience in today’s corporate arena. 2. Analysis Employee Resourcing is a concept that refers to techniques, instruments and procedures used by employers and HR professionals in organizing/resourcing their business units in a manner that could facilitate in target setting and goal accomplishment. Employee resourcing is an extensive process that covers almost all Human Resource Management functions such as staffing, administration, change management, organisational control and performance standards. . In other words, Raiden et al (2009) have pointed out that Employee resourcing is beneficial for an enterprise because it leads to the creation of a best pool of employees who could adjust themselves in the operational environment and could efficiently utilise organisational resources to meet strategic goals and assigned objectives.