SUMMARY PROBLEM STATEMENT In the spring of 2003, Mark Taylor, recently promoted to operations manager at Thicketwood Ltd., a custom kitchen cabinet manufacturer in Kitchener, Ontario. The company has to ensure that the plant's capacity would meet the upcoming year's forecasted demand of 2000 kitchen cabinets. But for now, the plant's manufacturing all relies on the handcraft of workers. No matter is the quality or the quantity of productions, cannot satisfied the demand either. Taylor's first plan was to purchase a computer numeric controlled(CNC) router, however, he was not sure whether to purchase a new or used machine.
Assembly Task | Completion Time in Minutes | Prerequisite | Assembly Task A | 10 Minutes | None | Assembly Task B | 6 Minutes | A | Assembly Task C | 3 Minutes | A | Assembly Task D | 8 Minutes | B, C | Assembly Task E | 3Minutes | D | Assembly Task F | 4 Minutes | D | Assembly Task G | 3 Minutes | E, F | Assembly Task H | 9 Minutes | G | Table 1. A 10 MIN C 3 MIN B 6 MIN F 4 MIN G 3 MIN E 3 MIN D 8 MIN H 9 MIN A 10 MIN C 3 MIN B 6 MIN F 4 MIN G 3 MIN E 3 MIN D 8 MIN H 9 MIN Figure 1. Justification Analysis of the production cycle reveals there are tasks that could be produced in one production task without delaying the overall production cycle time. This would optimize tasks and minimize time lost due to waiting on tasks to be completed prior to the next task. Balancing the assembly line will include
* Which one of the following costs would not be considered an indirect cost of serving a particular customer at a delicatessen? | Selected Answer: | The cost of the bread used to make the sub sandwich that is ordered. | Answers: | The salary of the manager. | | The cost of the tables and chairs used to furnish the restaurant. | | The cost of the bread used to make the sub sandwich that is ordered.
The standards, which went into effect on July 1, 2014, now require at least one serving of fresh fruit and one serving of vegetables to be served. Grain servings must now consist of more than 50 percent whole grains, leading to such menu choices as whole-grain pastas, bread, rolls and pizza crusts. (“School Cafeteria Favorites Could Disappear as Food Rules Take Hold”). This is just the beginning, however, as the U.S. Department of Agriculture (USDA) is requiring sodium levels to be reduced by 2017. This increase in whole-grains, fruits and vegetables and reduction in sodium are more in line with recommendations from healthcare professionals, who were concerned about the amount of calories and fat previously found in school lunch menus.
The following costs were incurred in the first processing department during the month: The ending inventory was 90% complete with respect to materials and 45% complete with respect to conversion costs. Note: Your answers may differ from those offered below due to rounding error. In all cases, select the answer that is the closest to the answer you computed. To reduce rounding error, carry out all computations to at least three decimal places. 8. award: 1 out of 1.00 point How many units are in ending work in process inventory in the first processing department at the end of the month?
| Problem Mr. Cosmo Panetta owner of Cosmos restaurant Ltd a company known for the cosmobob must make a decision on whether or not to expand his business. His options include opening another restaurant location, opening a production facility to produce cosmobobs on a large scale or to do both. Issues 1) Only 25 000 is available for expansion before having to obtain a bank loan. 2) With grocery stores beginning to supply fast and easy to make frozen items, it is a concern if this will dip into the fast food market. 3) Cosmo Panetta being 74 years old, will soon be at the point of retirement, yet he is still looking to expand his business.
• Operating systems. • Unit location strategy. • The ability to be able to compete successfully in five submarkets of the food-away-from-home industry: breakfast, lunch, daytime “chill out”, light evening fare for eat-in or take-out, and take-home bread. • Vertical integration in its fresh bread unit which supplies dough to all Panera Bread stores, both company-owned and franchised. • Versatile menu options: menu offerings changed according to consumer preferences, and seasons of the year.
Two Businesses on your Doorstep This newspaper article gives you an insight into the world of two businesses that you know well. However you may not know about these businesses backgrounds. Greggs is a chain of bakeries selling a range of freshly baked bread, pastries and cakes. They also sell a selection of sandwiches and drinks. Greggs is a national business and is the largest bakery chain in the UK with 1,671 outlets.
Quantitative Analysis My choices for the Quantitative analysis is Taco Bell and Wal-Mart Taco Bell used forcasting and Qualitative analysis models to help save over $150 million in the mid 90’s, it started a trend that has caused many if not all fast food establishments to adopt this principle to focus on what time sales are at a peak and when more employess are needed and what training is necessary for the staff due to over/under rings and other factors. The choses process is a data warehouse and reporting structure to address the requirements for a fast food franchise operation. The company Exclusive ore designed and implemented the process initially for 80 Taco Bell and Kentucky Fried Chicken locations. The process was so effective it was implemented in all locations country wide and eventually internationally as well. The program had 2 main sources of data to gather, 1) Daily sales information automatically polled by the TACO system DePol utility.
Assignment Panera Bread management has employed your team as consultants, and asked you to assess the company’s strategy, competitive market position and overall situation, and recommend a set of actions to help ensure that the company achieves its targeted long-term EPS growth rate of 15 to 20 percent annually and succeeds in profitably opening 100+ new units annually for the next several years. Please prepare a report to the senior executives at Panera Bread that includes a discussion on the key elements of the company’s strategy, and the strategic issues faced by Panera Bread. Please make a set of recommendations for the CEO of Panera Bread based on your analysis of the company’s strategic situation. Lead Questions 1. What is Panera Bread’s strategy?