production_project

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School

Valencia College *

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566

Subject

Industrial Engineering

Date

Feb 20, 2024

Type

docx

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Uploaded by KidRain8865

Production Project Now it is your turn! You get to create a plan for the production of a new product. You may choose one of the examples provided or use ideas from your fictitious business from previous projects and lessons. Plan carefully to identify what is needed to produce the product or service! Part 1: Research Option 1: Choose one of the scenarios below. Scenario 1: As a clothing designer, you see a need for a natural cotton t-shirt that is not only stylish but also comfortable and provides UV protection. You plan to buy bolts of plain cotton fabric and dye the fabric using locally sourced leaves and flowers. You have a team of seamstresses that will sew the shirts using industrial sewing machines. Once the shirts are produced, they will undergo rigorous testing by the quality control personnel. Scenario 2: As an auto mechanic, you notice that your clients are skipping their oil changes because services are only available on weekdays when they are working. You plan to buy a truck and stock it with oil, filters, and basic automotive tools. You have an assistant that will work with you to provide mobile services during the week.  What scenario did you choose? Scenario 2 Option 2: Consider what product or service your fictitious business will produce or offer. Research what is needed to produce your product or service (include at least one input from each category of the factors of production).  What product or service will your fictitious business produce or offer? _______________ Part 2: Plan Identify each factor of production used in producing the product or service and enter it in the correct area of the chart. Factors of Production Resources Land  You need the land to either grow the leaves or a factory to create the clothing Labor  Creating the clothing using the team of seamstresses. Capital  You need the money to pay workers, pay for the building, pay for the cotton, and pay for industrial sewing machines. Entrepreneurship  There is a huge risk that the clothing would not meet profit after all expenses. Part 3: Reflect Now that you have created your plan for producing your new product, explain what you learned. 1. In at least two complete sentences, explain any challenges or successes you encountered when identifying the factors of production. When identifying the factors of production, the scenario had already given me a great amount of intel to identify them. Such as labor it says that there is a team of seamstresses that will sew so that was my answer. Unless Otherwise Noted All Content © 2023 Florida Virtual School. FlexPoint Education Cloud™ is a trademark of Florida Virtual School.

2. In at least three complete sentences, explain what production options you could choose for technology solutions, equipment, or office space, along with your reasoning for selecting these options for the product or service. For technology I could use more technological advanced sewing machines or even have everything be machine made to cut out some expenses such as less workers to pay. I could also cut expenses by looking for a smaller factory that would still fit the machinery and not be a hazard to the workers. Part 4: What to Submit Review the grading rubric before you submit your final work. Your submission should include the following: 1. Completed chart 2. Completed reflection questions Grading Rubric (50 points) On Target Needs Improvement Research 4–3 points  The scenario, product, or service is included. (4 points) 2–0 points  The scenario, product, or service is missing. Plan 30–18 points  All resources for land are included and correctly categorized. (9 points)  All resources for labor are included and correctly categorized. (9 points)  All resources for capital are included and correctly categorized. (9 points)  All resources for entrepreneurship are included and correctly categorized. (3 points) 17–0 points  Resource for land is missing and incorrectly categorized.  Resource for labor is missing and incorrectly categorized.  Resource for capital is missing and incorrectly categorized.  Resource for entrepreneurship is missing and incorrectly categorized. Reflect 10–6 points  Each reflection question is answered clearly and completely. 5–0 points  Reflection questions are not answered clearly and/or are missing information. Punctuation 6–4 points  Correct grammar and punctuation are used. 3–0 points  Contains grammar or punctuation errors.  Responses are not in complete sentences. Unless Otherwise Noted All Content © 2023 Florida Virtual School. FlexPoint Education Cloud™ is a trademark of Florida Virtual School.

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