GQ Baggage manufactures elite handcrafted briefcases. Since a high-quality product is expected by consumers, each case is produced by master craftsmen with the utmost care and attention to detail. The production process is extremely labor intensive and consists of the 6 primary steps shown below. Each step is a separate workstation in the process. Note that the Mold Hinge and Fixtures step occurs separately from and simultaneously with the Tan Leather, Dye Leather, and Shape Case processes. Answer the following questions based on the information provided. a) Which step in this process is the bottleneck? b) How many briefcases are processed at the bottleneck workstation per hour? c) What is the throughput time of the overall process?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
GQ Baggage manufactures elite handcrafted briefcases. Since a high-quality product is expected by
consumers, each case is produced by master craftsmen with the utmost care and attention to detail. The
production process is extremely labor intensive and consists of the 6 primary steps shown below. Each
step is a separate workstation in the process. Note that the Mold Hinge and Fixtures step occurs
separately from and simultaneously with the Tan Leather, Dye Leather, and Shape Case processes.
Answer the following questions based on the information provided.
a) Which step in this process is the bottleneck?
b) How many briefcases are processed at the bottleneck workstation per hour?
c) What is the throughput time of the overall process?
d) If the manufacturing facility operates 8 hours per day, 250 days a year, what is the annual
capacity of this manufacturing process?
e) Assume the company decides to hire additional workers in order to duplicate the bottleneck
step identified in part a so that there are 3 of these workstations instead of 1. Redraw the
diagram showing the flow of the revised process.
f) Answer parts a through d again based on the new process created in part e?
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