L. P. Manning Corporation In March 1991, the marketing division of the L. P. Manning Corporation performed a national survey to test the public’s reaction to a new type of toaster. Manning had achieved success in the past and established itself as a leader in the home appliance industry. Although the new toaster was just an idea, the public responded favorably. In April of the same year, the vice presidents for planning, marketing, engineering and manufacturing all met to formulate plans for the development and ultimately the production of the new toaster. Marketing asserted that the manufacturing cost must remain below $70 per unit or else Manning Corporation would not be competitive. Based on the specifications drawn up in the meeting, manufacturing assumed marketing that this cost could be met. The engineering division was given six months to develop the product. Manning’s executives were eager to introduce the product for the Christmas rush. This might give them an early foothold on a strong market share. During the Research and Development (R&D) phase, marketing continually “pestered” engineering with new designs and changes in specification that would make the new product easier to market. The ultimate result was a one-month slip in the schedule. Pushing the schedule to the right greatly displeased manufacturing personnel. According to the vice president for manufacturing, speaking to the marketing manager: “I’ve just received the final specifications and designs from engineering. This is not what we agreed to last March. These changes will cause us to lose at least one additional month to change our manufacturing planning. And because we’re already one month behind, I don’t see any way that we could reschedule our Christmas production facilities to accommodate this new product. Our POSTGRADUATE DIPLOMA IN PROJECT MANAGEMENT – ACADEMIC AND ASSESSMENT CALENDAR REGENT BUSINESS SCHOOL (RBS) July 2021 10 established lines must come first. Furthermore, our estimating department says that these changes will increase the cost of the product by at least 25 to 35 percent. And, of course, we must include the quality control section, which has some questions as to whether we can actually live with these specifications. Why don’t we just cancel this project or at least postpone it until next year?”. Reference: Krezner, H. 2003. L. P. Manning. Project Management Case Studies. Available o✓nline at http://213.55.83.214:8181/Project%20mgt%20bks1/Project%20management%20case%20studies.pdf [Accessed on 3 of February 2020] 1.1 Examine the triple constraints and their impact on L.P. Manning Corporation to create a successful project. Include a diagram of the triple constraints in the response.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question

L. P. Manning Corporation
In March 1991, the marketing division of the L. P. Manning Corporation performed a national survey to test the public’s reaction to a new type of toaster. Manning had achieved success in the past and established itself as a leader in the home appliance industry.
Although the new toaster was just an idea, the public responded favorably. In April of the same year, the vice presidents for planning, marketing, engineering and manufacturing all met to formulate plans for the development and ultimately the production of the new toaster. Marketing asserted that the manufacturing cost must remain below $70 per unit or else Manning Corporation would not be competitive. Based on the specifications drawn up in the meeting, manufacturing assumed marketing that this cost could be met.
The engineering division was given six months to develop the product. Manning’s executives were eager to introduce the product for the Christmas rush. This might give them an early foothold on a strong market share.
During the Research and Development (R&D) phase, marketing continually “pestered” engineering with new designs and changes in specification that would make the new product easier to market. The ultimate result was a one-month slip in the schedule.
Pushing the schedule to the right greatly displeased manufacturing personnel. According to the vice president for manufacturing, speaking to the marketing manager: “I’ve just received the final specifications and designs from engineering. This is not what we agreed to last March. These changes will cause us to lose at least one additional month to change our manufacturing planning. And because we’re already one month behind, I don’t see any way that we could reschedule our Christmas production facilities to accommodate this new product. Our
POSTGRADUATE DIPLOMA IN PROJECT MANAGEMENT – ACADEMIC AND ASSESSMENT CALENDAR
REGENT BUSINESS SCHOOL (RBS) July 2021 10
established lines must come first. Furthermore, our estimating department says that these changes will increase the cost of the product by at least 25 to 35 percent. And, of course, we must include the quality control section, which has some questions as to whether we can actually live with these specifications. Why don’t we just cancel this project or at least postpone it until next year?”.
Reference:
Krezner, H. 2003. L. P. Manning. Project Management Case Studies. Available o✓nline at http://213.55.83.214:8181/Project%20mgt%20bks1/Project%20management%20case%20studies.pdf [Accessed on 3 of February 2020]


1.1 Examine the triple constraints and their impact on L.P. Manning Corporation to create a successful project. Include a diagram of the triple constraints in the response.

Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.