Question

In: Operations Management

For one of the following companies (UPS, Microsoft, Coca-Cola, McDonalds, Harley-Davidson, Southwest Airlines, Abbott, Marriott International),...

For one of the following companies (UPS, Microsoft, Coca-Cola, McDonalds, Harley-Davidson, Southwest Airlines, Abbott, Marriott International), what performance measures do you think would be useful in the Internal Processes Perspective of the Balanced Scorecard?

Solutions

Expert Solution

The chosen company is Mcdonalds. Following performance measures will be useful in Internal Processes Perspective of the balanced scorecard.

(i) Waste items as a percentage of the total output.

(ii) Average customer lead time, i.e. time between placing an order and a delivery at the outlet.

(iii) Average customer waiting time for an order.

(iv) Cost of production of an item. Multifactor producivity in form of dollars earned per dollar invested.

(v) Uptime of all mchinery and equipment during work hours.

(vi) Employee productivity ( number of items made per labour hour invested)

(vii) Level of employee training, measured by incidents that might lead to customer dissatisfaction per unit transaction.

(viii) Absenteeism of employees measured as a fraction per month.

(ix) Number of accidents / injuries at workplace during operations,

(x) Legal costs incurred as a result of internal process deficiencies.


Related Solutions

In 2015, Apple, Bank of America, Coca-Cola, Google, Microsoft, and other Fortune 500 companies signed a...
In 2015, Apple, Bank of America, Coca-Cola, Google, Microsoft, and other Fortune 500 companies signed a pledge to take measures to curb greenhouse gas emissions and invest in clean energy.85 Others, such as Nike and Procter & Gamble, announced plans to switch to sourcing 100% renewable energy. Relating the situation what could be the SMART goals and how can they be implemented through management by objectives and goal cascading?( 5 Points x 1 = 5 Marks)
Process costing can be found in which of the following companies (industries)? Coca-Cola. Royal Dutch Shell...
Process costing can be found in which of the following companies (industries)? Coca-Cola. Royal Dutch Shell Group (petroleum). Kimberly-Clark (paper products). Reichhold Chemical (chemicals). All of these answer choices are correct. East Bay Fisheries Inc. processes king salmon for various distributors. Two departments are involved — processing and packaging. Data relating to tons of king salmon processed in the processing department during June 2016 are provided below: Tons of King Salmon Percent Completed Materials Conversion Work-in-process inventory —June 1 1,500...
Choose one of the following products 1, Coca-Cola 2, IPhone What stage in the life cycle...
Choose one of the following products 1, Coca-Cola 2, IPhone What stage in the life cycle is the product? What is the current company strategy and is it appropriate to the stage in the life cycle?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT