BBM 241 The University of Manchester Gibson Co Operations Management Questions

Need help with my Business question – I’m studying for my class.

Question 1 (40%)

Gibson Products produces cast bronze valves for use in offshore oil platforms. Currently, Gibson

produces 1600 valves per day

. The 20 workers at Gibson work from 7 a.m. until 4 .m., with 30 minutes off for lunch and a 15-minute break during the morning work session and another 15 minute break during the afternoon work session. Gibson is in a competitive industry, and needs to increase productivity to stay competitive. They feel that a 20% increase is needed.

Gibson’s management believes that the 20% increase will not be possible without a change in

working conditions, so they decide to change the work hours.

The new schedule calls on workers to work from 7:30 a.m. until 4:30 p

.m.

, during which workers can

take one hour off at any time of their choosing

. Obviously, the number of paid hours is the same as

before, but production increases, perhaps because workers are given a bit more control over their

workday. After this change, valve production increased to 1800 units per day

a. Calculate labour productivity for the initial situation (prior to implementing the new work rules)

b. Calculate labour productivity for the hypothetical 20%

c. What is the productivity after the change in work rules?

d. Write a short Report analysing these result and provide a recommendation.Question 2 (60%)

Identify and explain the four components of a time series.

Conduct Research on the Thredbo Ski Resort in NSW to show different aspects of Time Series

Forecasting and how the resorts manage their operations.

You should aim to write around 1.5 to 2 pages to adequately address this questi

Prof. Angela

4.6/5

Calculate Price


Price (USD)
$
Need Help? Reach us here via Whatsapp.