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OPM 500 Trident University International Module 4 Operations Management Report

OPM 500 Trident University International Module 4 Operations Management Report

Question Description

I’m working on a management question and need support to help me understand better.

Module 4 – SLP

OPERATIONS DECISIONS

Assignment Overview

With Process Management and Productivity, Quality, and Supply Chain analysis completed, it is time to focus on operations. Your company is poised for growth.

OPERATIONS

The SLP focuses on operations decision-making in your company

Two types of research are required for SLPs in this class:

  • General research on Operations which may be found in course readings, the library, or online.
  • Research on real companies engaged in the type of business that you have chosen.

In retail businesses with physical locations where customers are served, capacity can be measured in terms of size of the facility and throughput of customers. How many customers can you serve with your current capacity? Often there is a trade-off in size of the facility for backroom inventory or kitchen, displaying inventory to customers or seating, and customer space such as aisles and checkouts, or bar space and waiting areas. You should consider all of these in your capacity analysis.

SLP Assignment

Company Overview (may be the same every module).

Provide an overview of your company.

  • Company name
  • Location (can be virtual)
  • The type of business. Keep the concept simple and focused on one thing. Be specific.

This section should be no longer than ½ page

Operations Decision-Making

Identify how your company uses forecasting for purposes of capacity planning and how you can utilize productivity, inventory control, and quality improvements to meet this new demand (Operations decisions). Review different kinds of capacity and capacity constraints. How is forecasting used to generate short-term and long-term information about demand that affects capacity? What are some options that the company has in terms of increasing its capacity?

Research capacity and constraints. Provide background on the concepts.

  • Identify at least two types of capacity in your company.
  • Indicate constraints that act on them now and in the future.

This section should be 1 ½ pages in length. Research is required.

Forecasting Methods

Discuss the types of forecasting methods that your company uses.
How do they generate short-term and long-term demand forecasts?
This section should be 1½ pages in length. Research is required.

Application

Determine and discuss some options that the company has in terms of relaxing or eliminating constraints and increasing capacity in the two areas you have identified.

Which of these options would you recommend and why?

This section should be 1 ½ pages in length. Research is required.

Since you are engaging in research, be sure to cite and reference the sources in APA format. The paper should be written in third person; this means words like “I”, “we”, and “you” are not appropriate. For more information see Differences Between First and Third Person. The excessive use of quotes or unoriginal content will directly impact performance since it suggests lack of comprehension and indicates that a student may not have mastered the concepts.

Module 4 SLP Background Readings

Productivity and Process Analysis (26-pages)
Types of constraints. (2018)
Theory of Constraints in a Service Organization

SLP Assignment Expectations

    Use the attached APA-formatted template (OPM500 SLP4) to create your submission.

    Your submission will include:

    • Trident University International’s cover page
    • The body will be 5 pages with APA citations (2- to 3-sentence introduction, body, 2- to 3-sentence conclusion)
    • The reference list page in APA format

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