Virginia Tech ISE 4204 - Assignment1 (3 pages)

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Assignment1

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Pages:
3
School:
Virginia Polytechnic Institute and State University
Course:
Ise 4204 - Prod Plan & Inv Ctrl

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ISE 4204 Assignment 1 Feng Jiao 09 12 2014 1 The difference of quality standards referred to Geo and the Ferrari The word quality means different things in different contexts Both Geo and Ferrari are quality product However the two products are in different markets consumers buying these products are both looking for quality cars but have fundamentally different objectives One objective is low price another one is high performance So the differences between two companies are The Geo s goal is to produce products with basic functions at low cost On the other hand Ferrari is try to achieve the high performance regardless the cost 2 The Time based competition means competitors focus on the bigger picture on the entire value delivery system Competitors attempt to transform an entire organization into one focused on the total time required to deliver a product or service The goal is not to devise the best way to perform a task but to either eliminate the task altogether or perform it parallel with other task so that over all system response time is reduced IPhone Apple Company is a product that I purchased that was introduced to the marketplace ahead of its competitors As a cell phone company it makes everyone curious what will the next generation of iPhone be Every year The Apple Worldwide Developers Conference attracts many and many people to watch It is introduced to the marketplace ahead than other cell phone companies 3 So the product 1 928 product 2 600 the total throughout 884000 4 Synchronous manufacturing attempts to synchronize follows 9 rules Rule 1 Balance product flow not resource capacity Rule 2 Utilization levels of non bottlenecks are not determined by potential but by other constrains in the system Rule 3 Utilization and activation are not synonymous Rule 4 An hour lost at a bottle neck is an hour for the whole system Rule 5 An hour saved at a non bottleneck is just a mirage Rule 6 Bottlenecks govern throughput and inventory Rule 7 Transfer batch may not



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