Question

In: Operations Management

is there another way to compare the two plants that would be more meaningful

is there another way to compare the two plants that would be more meaningful

Solutions

Expert Solution

There could be certain benchmarking created in terms of full-tuned processes, facilities, etc. that can help two or more manufacturing plants to come under the same comparative charts thereby making the comparison more meaningful and sensible. In this regard, there are various ways by which the manufacturing (assuming) plants can be compared in meaningful manner such as under:

  • Productivity analysis could be undertaken to determine various scopes that are associated with the improvement criteria at the plants. Comparative study of productivity analysis could prove helpful thus.
  • The Consumer Operations Benchmarking Initiative may also help in comprehending the direct competitors to the manufacturing plants as well as the indirect ones by benchmarking with regards to the database for the Manufacturing plants that are concerned with Consumer-packaged items.
  • Other criteria would involve similarities of the objectives of the two plants, the standard deviation pertaining to the processes, etc., the statistical methodology such as the normal distribution assumptions, etc., may also help in testing whether the plant’s data are actually normally distributed and comparable or not.

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