Space Age Furniture Company: A Case Study
Introduction
Space Age Furniture Company has manufactured tables and cabinets in order to hold a microwave oven and portable televisions. Space Age products are made in several sizes and with several features yet, they all follow the same production and assembly operations. There is quite a difference in a few products that Space Age offers. For example, the Saturn microwave stand and Gemini TV stand has a part (no. 3079) that specifically requires machining on a special lathe used only for making these parts. A short time ago, Space Age began utilizing the material requirements planning (MRP) inventory system that helps towards reducing the inventory and additionally improves towards on-time deliveries. The estimated cost per week is $1.25 to each store related to Gemini and for Saturn the estimated cost per week is $1.50. Saturn does not participate towards shipping immediately. Thus, the master schedule for producing Gemini and Saturn for the next six weeks are Master Schedule Week 1 Week 2 Week 3 Week 4 Week 5 Week 6
Gemini 600 400 700 500 400 600
Saturn 300 400 400 600 300 300 As far as the part 3079, it is used for two different subassemblies, part 435 which is used for the Gemini TV stand, and part 257, is used for the Saturn microwave stand. In reference to part 3079, it may be fashioned to any quantity because the lathe that constructs it is not utilized for anything else. According to Vonderembse &
This paper aims to demonstrate a detailed description of the elements of ‘IKEA’ company based on its famous name in the furniture industry.
Bob’s Discount Furniture can be defined in one word, “innovative”. In almost every aspect of their business, Bob’s is setting the standard for the furniture industry. Founded in 1991 in Newington, Connecticut, Bob Kaufman had a dream to build a successful company. This dream stemmed from his own experiences. In 1976, Bob was involved in a motorcycle accident that left one of his legs partially paralyzed. He was sent to bed to recuperate from his injuries, where he then found the benefits of the waterbed in his recovery. This experience inspired Bob to become a waterbed salesman. He sold waterbeds in 24 stores across New England.
| 1. Assemble, install and repair furniture, such as bar, remove old fabric material of couches and replace new materials
What is/are the problem(s) at Cushy Armchair? Use the alignment framework to analyze the case and structure your answer.
“For companies today, MRP is a computerized information system. As such, it requires data to provide the information needed for decision making” (Vonderembse & White, 2013, Section 9.5, para 6). The goal of this paper is to read the Space Age Furniture Company case study and develop an MRP for Space Age Furniture Company using the information in the case including the production of sub-assemblies in lot sizes of 1,000 considering the lot size of 1,000 for sub-assemblies has produced a lumpy demand for part 3079; suggest ways for improvements over sub-assemblies in lot sizes of 1,000, analyze the trade-off between overtime costs and inventory costs, calculate a new MRP that improves the base MRP, compare and contrast the types of production processing—job shop, batch, repetitive, or continuous—and determine which the primary mode of operation is and why, describe ways that management can keep track of job status and location during production and recommend any changes that might be beneficial to the company and/or add value for the customer.
Most of the products follow the same production and assembly operations. However, two of these product – the Saturn microwave stand and the Gemini TV stand –
The options available for this company involve looking at different inventory models in order to allow this specialist the ability to produce outside high demand windows of opportunity. Initially this company began using the MRP system which enevitably helped to reduce the company’s inventory and at the same time improved their on-time delivery numbers. Currently the process has allowed the Space Age company to maintain a cost of $1.25 per week to store their Gemnini and $1.50 per week to store each of their Saturns that sat in inventory.
Space Age Furniture Company uses a process layout that helps manage its operation efficiently. Besides that, there is the use of barcodes which help tell the various steps in which each work is. After a given process is finished, the worker removes the sticker of the bar code and takes it to the office where the details are transferred to the computer through scanning thus keeping track of all the job units in the company that directs to a finished product. These tracking reports are used in the management of inventories and accounting records. Hence, this improves the working of the enterprise. The management can also be able to foretell when a given process can be finished and be delivered to their customers. This helps reduce the costs
On June 17, 2016, at approximately 11:02 a.m., Hub Representative Torres, met with Witness Caridad Herrera at the Republic Furniture Mfg. Inc. located at 2241 East 49th Street, Vernon, CA 90058. After a brief discussion with Ms. Herrera, she agreed to provide a recorded statement but requested a Spanish Translator because she would feel more comfortable in providing her statement. The interview was then translated from Spanish to English with the insureds Secretary, Ms. Amelia Lopez. The details of that interview are as follows:
BatesManor has to decide how their money will be spent on promotional activities. It is possible to spend more promotional money on communicating to retailers or for consumer advertising. Also, another option is to spend all of the money towards one promotional strategy.
I understand Aaron’s is testing a national repair program with Reliable Furniture Services of America. Woodhaven is in the process of process the first batch of warranty claims submitted by Reliable. It is also my understanding that the Service Center in Fairburn is coordinating the activity and withholding $15 per claim from the amount returned to the store.
The Guillermo Furniture Company has realized that their business strategy is no longer sustainable. The external environment has changed significantly and the company is facing pressure from oversees firms that have automated much of their furniture production and manufacturing. Despite the fact that Guillermo Furniture has access to relatively inexpensive Mexican labor, the company is still struggling to be competitive in the market due to foreign competition. Therefore, Guillermo has identified various alternative strategies that it wishes to consider in order to reinvent its business and become more competitive. It is recommended that Guillermo invest in new equipment that can modernize its manufacturing capabilities. An investment in a computerized lathe shows a worthwhile return on the company's investment and will also position them for future growth.
I decided to choose ABYAT Furniture Company for my Assignment . In this paper, I am going to talk about ABYAT's history, structure and what services that they provide. Moreover, I am going to talk about achieving the six strategic, In addition, I am going to know about the threats type in ABYAT Company, also I will mention how supporting these levels through information Systems, how managers can affect build and use information systems the success of their company and how achieve operational excellence in terms of customer relationship management.
The stores have restaurant, childcare facilities and plenty of parking. Customers can drop off their kids at the playroom and have delicious meal when they are tired. All of these not only provide customer with a comfortable shopping environment but also let them make an ‘IKEA trip’ and enjoy the fun of buying. Besides, IKEA’s distinctive show rooms help creating differentiation. Products are strategically placed in different small spaces like rooms which allow customers imaging this furniture in their own home. This makes everything looks more attractive.
13. Young & Company uses a Material Requirement Planning (MRP) system for its product X. 110 units of X are required in week 10 (90 firm orders and 20 forecast). The bill of material for X and the inventory record file are as follows: