Lead Time Management at Littlefield Labs - 642 Words

Lead Time Management at Littlefield Labs Background Littlefield Laboratories has opened a new blood testing lab. This laboratory uses the same process as the lab encountered in your prior assignment, Capacity Management at Littlefield Labs—neither the process sequence nor the process time distributions have changed. The lab began operations with a raw materials inventory of 160 kits and $1,000,000 cash. Customer demand continues to be random, but the expected daily demand will not change during the lab’s life span. Expert advisors know that demand will end abruptly on Day 268 and the lab will no longer be necessary. Any remaining machinery or inventory will be useless after Day 268, and thus have no residual value. Management would like†¦show more content†¦Deliverables Your team will write a three-page executive summary of the actions taken during your tenure. This report will explain your reasoning for the decisions made and it will provide a retrospective assessment of their effectiveness. You must show analysis to justify your conclusions and make recommendations that would improve laboratory performance in similarShow MoreRelatedCase1046 Words   |  5 PagesAfter having a very successful performance and getting second place on the first Littlefield simulation game we knew what we needed to do to win the second simulation game. We were very eager to outperform our competition and we almost did so, but ended up in second place again with a cash balance of $2,660,393. The second Littlefield simulation game focused on lead time and inventory management in an environment with a changing demand (â€Å"but the long-run average demand will not change overRead MoreLittlefield Simulation Write Up1190 Words   |  5 Pagesï » ¿Littlefield Simulation Write-up December 7, 2011 Operations Management 502 Team 9 Littlefield Lab We began our analysis by searching for bottlenecks that existed in the current system. It was easily identified that major issues existed in the ordering process. Without calculations, you could tell the reorder point was too low since the historical plots showed inventory levels at zero for two or more days at a time. The number of jobs in customer orders showed correlating spikes at the sameRead MoreAn Overview of US Benefit Programs4118 Words   |  17 Pagesincentive program is attributed much less to some glitch inside that plan rather than the ineffectiveness of the psychological presumptions that ground these kinds of ideas (Kohn, 1993). Short-term Compliance Behaviourist concept, based on work with lab animals, is actually circuitously accountable for this kind of plans since piece-work compensation for manufacturing plant workers, share-purchasing options to find the best professionals, special benefits approved to Employees of the Month, as wellRead MoreHealth From a Social Perspective Essay2526 Words   |  11 PagesMorgan (1997, p. 53): ‘At an acute stage of illness it may be necessary or desirable for the doctor to be dominant, whereas at later stages it may be beneficial for patients to be more actively involved, as they are responsible for the everyday management of their condition.’ The power element in doctor–patient relations is particularly significant when a patient is obliged to enter hospital. Following the classic analysis of institutionalization by Erving Goffman (1968), interactionist researchRead MoreAn Analysis of the Gender Discrimination Against Women at Work in America4137 Words   |  17 PagesAmerica. The monumental document recognized that all human beings, women and men, are granted with equal rights to live their own lives and pursue their own happiness. In other words, no gender discrimination of any kind shall be practiced at all times in all fields. However, 230 years later after the Declaration of Independence was enacted, gender discrimination, especially the gender discrimination against women at work, is still a heated topic in the society and awaits resolution. IdentificationRead MoreFunctional Imaging Of The Lungs Using Magnetic Resonance Imaging5299 Words   |  22 Pagesnontoxic, abundant, and inexpensive compared to HP gases. Due to the high gyromagnetic ratio of 19F, there is sufficient thermally polarized signal for imaging, and averaging within a single breath-hold is possible due to short longitudinal relaxation times. Since inert fluorinated gases do not need to be hyperpolarized prior to their use in MRI, this eliminates the need for an expensive polarizer and expensive isotopes. Inert fluorinated gas MRI of the lungs has been studied extensively in animals sinceRead MoreTo Tell or Not to Tell? the Ethical Dilemma of the Would-Be Whistleblower7190 Words   |  29 Pagesreporting, whistleblowing INTRODUCTION Recent years have seen a growing emphasis placed on the responsible conduct of scientific research. This emphasis has led to the development of numerous guidelines concerning authorship practices, data management, intellectual property, collaboration among researchers, and more. Significantly less attention, however, has been devoted to the question of what an individual should do upon discovering that another researcher is acting in proscribed ways. OneRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesCover Designer: Wanda Espana OB Poll Graphics: Electra Graphics Cover Art: honey comb and a bee working / Shutterstock / LilKar Sr. Media Project Manager, Editorial: Denise Vaughn Media Project Manager, Production: Lisa Rinaldi Full-Service Project Management: Christian Holdener, S4Carlisle Publishing Services Composition: S4Carlisle Publishing Services Printer/Binder: Courier/Kendallville Cover Printer: Courier/Kendalville Text Font: 10.5/12 ITC New Baskerville Std Credits and acknowledgments borrowed