Question 04 The world as we know it is at a halt. This fast-pacing planet and its success hungry people have been put on hold. With so much advancement in all sectors of science, we are still struggling to find an actual cure for this worldwide pandemic. People are stuck at home doing all the work that they would have to do in the outside world. Amidst all these negatives, a positive in this pandemic is the evolution of online platform. One of the stores that popped up in the crowd is Hot Pan, a groundbreaking cloud kitchen that sells pizza at doorstep until 4 am. Now answer the following, If you want to compete with an online cloud kitchen like them. Explain the process and facility layout design that you would like to choose for your business operation to be competitive in the market? What are the advantages you expect to enjoy by using the process and facility layout design you have selected in questions (a)? What are the disadvantages of other processes and facility layout designs that influenced you to reject them for your business operation? Explain the factors that could possibly affect the design capacity, effective capacity and actual output of your business operation? What will be the design capacity, effective capacity and actual out for your business operation (daily/monthly/annually)?
Critical Path Method
The critical path is the longest succession of tasks that has to be successfully completed to conclude a project entirely. The tasks involved in the sequence are called critical activities, as any task getting delayed will result in the whole project getting delayed. To determine the time duration of a project, the critical path has to be identified. The critical path method or CPM is used by project managers to evaluate the least amount of time required to finish each task with the least amount of delay.
Cost Analysis
The entire idea of cost of production or definition of production cost is applied corresponding or we can say that it is related to investment or money cost. Money cost or investment refers to any money expenditure which the firm or supplier or producer undertakes in purchasing or hiring factor of production or factor services.
Inventory Management
Inventory management is the process or system of handling all the goods that an organization owns. In simpler terms, inventory management deals with how a company orders, stores, and uses its goods.
Project Management
Project Management is all about management and optimum utilization of the resources in the best possible manner to develop the software as per the requirement of the client. Here the Project refers to the development of software to meet the end objective of the client by providing the required product or service within a specified Period of time and ensuring high quality. This can be done by managing all the available resources. In short, it can be defined as an application of knowledge, skills, tools, and techniques to meet the objective of the Project. It is the duty of a Project Manager to achieve the objective of the Project as per the specifications given by the client.
Question 04
The world as we know it is at a halt. This fast-pacing planet and its success hungry people have been put on hold. With so much advancement in all sectors of science, we are still struggling to find an actual cure for this worldwide pandemic. People are stuck at home doing all the work that they would have to do in the outside world. Amidst all these negatives, a positive in this pandemic is the evolution of online platform. One of the stores that popped up in the crowd is Hot Pan, a groundbreaking cloud kitchen that sells pizza at doorstep until 4 am. Now answer the following,
- If you want to compete with an online cloud kitchen like them. Explain the process and facility layout design that you would like to choose for your business operation to be competitive in the market?
- What are the advantages you expect to enjoy by using the process and facility layout design you have selected in questions (a)?
- What are the disadvantages of other processes and facility layout designs that influenced you to reject them for your business operation?
- Explain the factors that could possibly affect the design capacity, effective capacity and actual output of your business operation?
- What will be the design capacity, effective capacity and actual out for your business operation (daily/monthly/annually)?
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