ISCOM 305 Week 4 Individual Assignment Widget Production Executive Summary
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<strong>ISCOM</strong> <strong>305</strong> <strong>Week</strong> 4 <strong>Individual</strong> <strong>Assignment</strong> <strong>Widget</strong> <strong>Production</strong> <strong>Executive</strong><br />
<strong>Summary</strong><br />
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<strong>ISCOM</strong> <strong>305</strong> <strong>Week</strong> 4 <strong>Individual</strong> <strong>Assignment</strong> <strong>Widget</strong> <strong>Production</strong> <strong>Executive</strong> <strong>Summary</strong><br />
Taylor Inc. manufactures widgets. There is a particular assembly line for <strong>Widget</strong> X. This<br />
assembly line includes the assembly of various raw materials, subassemblies, and packing of the<br />
finished widget. Currently, approximately 27% of the total labor time is utilized in walking by<br />
assembly line personnel to obtain the needed parts required to accomplish their assigned tasks.<br />
The average hourly cost, including all benefits, is $43 per hour. Seventeen people are required on<br />
the assembly line. Lifting containers that weigh approximately 42 pounds is required in several<br />
of the respective tasks. The current output of finished widgets is 208 per 8-hour shift. The<br />
company incurs an average of four worker’s compensation claims per year in back injuries due<br />
to lifting. An average claim equals $109,000 and the employee is out for an average of 280 hours.<br />
The injured worker must be replaced to sustain production. By improving the physical layout,<br />
productivity may be improved and worker’s comp claims reduced. Two layouts have been<br />
proposed.<br />
Alternative One reduces wasted motion (walking) to 1% of total labor used on the assembly line.<br />
Physical lifting is reduced to no more then 12 pounds. Six people will be required on the<br />
assembly line. Productivity in finished goods per 8-hour shift will increase to 392. It is<br />
anticipated that worker’s comp claims will be reduced to .3 per year; however, a capital<br />
investment of $1.3 million is required in robotics and mobile storage carts. Useful life of the<br />
equipment is 7 years.<br />
Alternative Two reduces wasted motion to 7% of total labor time while physical lifting is<br />
reduced to no more then 23 pounds. Nine people are required to staff the assembly line.
Productivity will be 288 widgets per 8-shift. Worker’s comp claims are estimated at 1.9 per year.<br />
Capital investments are $967,000 with a useful life of 5 years for the equipment.<br />
Evaluate Taylor Inc. operations-management processes to help them maximize labor<br />
productivity based on the scenario above. Management for Taylor Inc. would also like you to<br />
suggest alternative management techniques to improve productivity.<br />
Write a 350- to 500-word executive summary that provides justification for the particular<br />
alternative you select. As part of your justification, provide<br />
A cost-benefit matrix that compares the alternatives.<br />
The effects the alternative will have on productivity.<br />
Possible benefits of using a network strategy to streamline operational procedures.<br />
Note: The lowest cost alternative may not be the best alternative.<br />
Format your paper consistent with APA guidelines.
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