Scheduling and Executing Operations - Riverina AutoParts (RAP) - Report Writing - Management Assignment Help

Assignment Task:

Question 1 - Scheduling and Executing Operations (15 marks) - Limit to 1000 words

Riverina AutoParts (RAP) are planning to expand their factory to cope with the additional demand for their products and have requested your help as an external consultant. RAP wants to determine what is involved in the project and how soon it can be completed. They have asked for a plan in the form of a Gantt Chart and Network Diagram with relevant activity times, project duration and identification of the critical path. 

In the initial planning stages, you have decided that there are three major phases (or sub-projects) in this expansion project these being; building, processing equipment and material handling system. 

After spending a few weeks in scoping the work, you have established a list of activities according to the three major components. Discussions with contractors and the client have helped you to draw up a table of estimated durations for the activities and the relationships among them as indicated below.

1. Write a report on the project plan required by RAP senior management, offering sufficient information for senior management to review and understand the implications of embarking on such a project. (10 marks)

2. You realise that the information that RAP has requested is inadequate and suitable for only basic planning purposes. In a second section of the report, present your recommendations on what other information is relevant and what techniques and systems should be used to plan, monitor and control the project. (5 marks)

Question 2 - Inventory Management (10 marks)

PART A (6 marks)

Tamworth Wind Turbine Distributors (TWTD) is involved in distributing wind turbine units to a range of customers where they distribute 1250 wind turbine units in 1 year. The cost of each unit is $20.00. The carrying cost is 22% of the cost per unit . It has been established that the cost of placing an order is $250.00 per order. 

1. At present the TWTD follows a policy of buying all 1,250 wind turbine units that it requires in 1 year. These units are bought in one purchase order, at the beginning of the year. Determine the economic order quantity and calculate the savings that TWTD will make if it uses the Economic Order Quantity model. (3 marks) - Show all working out 

2. Explain the limitation of this basic mathematical model (i.e. EOQ model) and discuss what other features or factors need to be considered to make it more realistic. (3 marks) - Limit to 350 words

PART B (4 marks) - Limit to 500 words

There are a number of modern inventory control methodologies. However, there are still many organisations which have not adopted them. Discuss why this may be the case and how organisations can be persuaded to adopt modern inventory control methodologies. Provide examples of types of inventory control methods to be considered to support your argument.

This Management Assignment has been solved by our Management Experts at onlineassignmentbank. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.