Question

In: Operations Management

1. List two low clock speed products, two medium clock speed products and two fast clock...

1. List two low clock speed products, two medium clock speed products and two fast clock speed products.

2. How does a low clock speed product impact the product design strategy? How about a fast clock speed?

3. Give me three examples of products that are designed to lower shipping and storage costs.

4. How does the large number of models, options, and products make the supply chain more complex and difficult to manage? (A few sentences)

Solutions

Expert Solution

1) Answer:

The supply chain which focuses on the progression of the physical items from the providers through the dispersion and assembling process. The fabricated items are appropriated to the clients or the retail outlets. The key highlights of the production network include the interest unsure, and fluctuation, economies of scale, and lead time.

The advancement chain gives the different arrangements of difficulties, for example, the innovation of clock speed, settle on or purchase choices, and structure of the item. The innovation speed of the clock Is the time by which the innovation changes in a particular industry. The innovation clock speed has an impact on the plan of the item and on the improvement chain. Everything being equivalent, quick clock speed or high item presentation recurrence proposes the measured item structure. This permits the autonomous improvement of items and subcomponents.

  • The two low clock speed items are pasta, soup, and diapers. The items center around the push methodology, the effectiveness of the production network, and high turns on the stock.
  • The two medium clock speed items are concoction items and very good quality furnishings. The items attempt to blend of push and pull methodology in overseeing store networks.
  • The two quick clock speed items are PCs, advanced mobile phones and printers, and the things of design. The items center around the responsiveness or the draw methodology and the measured design.

2) Answer:

  • The innovation of clock-speed is the speed by which the innovation changes the systems of work in business after some time. The clock-speed is the developmental life cycle that incorporates the dynamic idea of the business.
  • The pace of item extension and the item plotting technique is identified with the clock-speed of the business. The speed of the clock impacts the plan of the items altogether.
  • The low clock-speed influences the accelerating of item planning, item advancement, and item separation to a less degree. There might be a delay of item measured quality and item separation as it isn't significant for the practical items in low clock speed.
  • The high clock-speed permits the high item presentation recurrence which proposes there is center around the secluded item engineering. There is an autonomous item improvement of the item subcomponents. Hence the effect of the low clock speed and quick clock speed are definite above.

3) Answer:

The expenses of stock and the transportation costs are the basic production network drivers. The different structures for coordinations incorporate the planning of items so they can be put away and stuffed successfully. Items which can be put away more minimally are less expensive to move. At the point when the space taken by any item is less it tends to be moved in less expenses. Proficient capacity of items bring down the stock expenses as taking care of costs decline the space of one item diminishes and income per square foot will increment.

A portion of the instances of items which are intended for lower delivery and capacity costs are as per the following:

  • Plastic things like trash buckets takes less rack space in the store.
  • Bookcases pressing boxes are intended to take less space during transportation.
  • Furniture which is secluded can be stacked and heaped in boxes taking less space and can be tightened and set required places after conveyance.
  • Printers, earphones, and motherboards of PCs are planned appropriately and orchestrated in pressing boxes which takes less capacity and transportation costs.

Hence the above instances of items are given which are intended for lower delivery and capacity costs.

4) Answer:

The spread of items, models, and alternatives makes the inventory network increasingly hard to oversee. There are enormous assortments of items which are delivered in the grouping and cause the lead time to increment. Be that as it may, the way toward assembling should be changed to match to the preparation and the assembling of such items. There is another trouble which may emerge in overseeing store network in view of the spread of models or items and choice.

The multiplication of the models, items and alternatives makes the store network hard to oversee in the accompanying manners:

  • Products or model expansion makes challenges for makers to get advantages of economy of scale as items are handled in bunches of not many.
  • Offering progressively the number of items causes more trouble for following of the stock.
  • The non-total interest causes more inconstancy than the total interest.
  • Higher the interest fluctuation causes more incorrectness in the anticipating.

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