Description
In two paragraphs answer the questions on the attachment regarding the operations of a fictitious company. My fictitious company is The Palmer Organic Drink company. I have attached a description of the company as well as a copy of the specific areas to be addressed.
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1. How would your business work in term of operations (production, inventory control,
distribution, customer service, research and development, etc.)
2. Discuss the implications of technology in your company's operations.
Consider the areas below as you address these questions. Condense the key information in two
solid paragraphs focusing on the specific information pertaining to your NAB Company.
Check out the NAB Company Portfolio document, Note 2: Equipment and Inventory to see what
equipment and technology you already have and use this in your response.
Operations:
Describe the day-to-day functions of your company. How will you run your business? Consider the
following areas:
1.
2.
3.
4.
Facilities
Production process: how will you produce the product
Inventory control- how much inventory you will have
Distribution- how will you distribute the product
5.
Customer service- how will you handle customers and returns
6. Research and Development- how will you improve the product and how will you continue to
search for new combinations/ flavors
The Palmer Organic Drink (POD) Company is named after my grandmother, Cora Palmer. She
was very interested in healthy foods, which she prepared daily. She showed that interest long
before "eating healthy" became a popular fad. I remember very well how she prepared most
meals from scratch, using very few processed foods. Regularly, she traveled to the local
farmers market to purchase the products needed for her meals. She would pickle beets and
cucumbers, make her own apple sauce, and was found canning f ruits and vegetables. She
prepared these items and many more in preparation for the winter months. I don't actually
remember how she did this, but she made her own soda, especially a root beer soda, and her
own ice cream.
POD is a company that \will focus their products on healthy organic drinks of different
varieties. Drink flavors will include strawberry, raspberry, blueberry, and peach. While the
business will begin with these flavors, other flavors will be added in the future. These organic
drinks will provide both a delicious taste, as well as good nutritional value. The drinks will be
produced without caffeine or any other additives that might cause unhealthy reactions in
consumers. The use of natural fruits will give the drinks more of a fruity taste than many of the
organic drinks currently on the market.
"The Palmer Organic Drink (POD) Company is designed to provide a healthy fruit drink
alternative for consumers. The company is committed to using natural products with an
absence of caffeine in its contents." By providing such a product, POD hopes to acquire a
leading position in the organic drink marketplace
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Assignment 2: Inventory Management, Business & finance Assignment Homework help
Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.Write a six ...
Assignment 2: Inventory Management, Business & finance Assignment Homework help
Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.Write a six to eight (6-8) page paper in which you:Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.Analyze how each of their goods and service design concepts are integrated. Evaluate the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company’s manufacturing or service operations.Determine at least two (2) metrics to evaluate supply chain performance of the companies; suggest improvements to the design and operations of their supply chains based on those metrics.Suggest ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Provide a rationale to support the suggestion.Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.Your assignment must follow these formatting requirements:Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:Evaluate the processes used in designing and producing goods and services.Determine four layout patterns and when they should be used. Utilize the concept of supply chain management.Employ the concept of capacity management. Evaluate the management of inventories and resources.Use technology and information resources to research issues in operations management. Write clearly and concisely about operations management using proper writing mechanics.Points: 300Assignment 2: Inventory ManagementCriteriaUnacceptableBelow 60% FMeets Minimum Expectations60-69% DFair70-79% CProficient80-89% BExemplary90-100% A1. Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.Weight: 10%Did not submit or incompletely determined the types of inventories these companies currently manage; Did not submit or incompletely described their essential inventory characteristics.Insufficiently determined the types of inventories these companies currently manage; Insufficiently described their essential inventory characteristics.Partially determined the types of inventories these companies currently manage; Partially described their essential inventory characteristics.Satisfactorily determined the types of inventories these companies currently manage; Satisfactorily described their essential inventory characteristics.Thoroughly determined the types of inventories these companies currently manage; Thoroughly described their essential inventory characteristics.2. Analyze how each of their goods and service design concepts are integrated.Weight: 15%Did not submit or incompletely analyzed how each of their goods and service design concepts are integrated.Insufficiently analyzed how each of their goods and service design concepts are integrated.Partially analyzed how each of their goods and service design concepts are integrated.Satisfactorily analyzed how each of their goods and service design concepts are integrated.Thoroughly analyzed how each of their goods and service design concepts are integrated.3. Evaluate the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Weight: 15%Did not submit or incompletely evaluated the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Insufficiently evaluated the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Partially evaluated the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Satisfactorily evaluated the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Thoroughly evaluated the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.4. Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company’s manufacturing or service operations.Weight: 15%Did not submit or incompletely compared and contrasted the four (4) different types of layouts found with each company; Did not submit or incompletely explained the importance of the layouts to the company’s manufacturing or service operations.Insufficiently compared and contrasted the four (4) different types of layouts found with each company; Insufficiently explained the importance of the layouts to the company’s manufacturing or service operations.Partially compared and contrasted the four (4) different types of layouts found with each company; Partially explained the importance of the layouts to the company’s manufacturing or service operations.Satisfactorily compared and contrasted the four (4) different types of layouts found with each company; Satisfactorily explained the importance of the layouts to the company’s manufacturing or service operations.Thoroughly compared and contrasted the four (4) different types of layouts found with each company; Thoroughly explained the importance of the layouts to the company’s manufacturing or service operations.5. Determine at least two (2) metrics to evaluate supply chain performance of the companies; suggest improvements to the design and operations of their supply chains based on those metrics.Weight: 15%Did not submit or incompletely determined at least two (2) metrics to evaluate supply chain performance of the companies; Did not submit or incompletely suggested improvements to the design and operations of their supply chains based on those metrics.Insufficiently determined at least two (2) metrics to evaluate supply chain performance of the companies; Insufficiently suggested improvements to the design and operations of their supply chains based on those metrics.Partially determined at least two (2) metrics to evaluate supply chain performance of the companies; Partially suggested improvements to the design and operations of their supply chains based on those metrics.Satisfactorily determined at least two (2) metrics to evaluate supply chain performance of the companies; Satisfactorily suggested improvements to the design and operations of their supply chains based on those metrics.Thoroughly determined at least two (2) metrics to evaluate supply chain performance of the companies; Thoroughly suggested improvements to the design and operations of their supply chains based on those metrics.6. Suggest ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Provide a rationale to support the suggestion.Weight: 15%Did not submit or incompletely suggested ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Did not submit or incompletely provided a rationale to support the suggestion.Insufficiently suggested ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Insufficiently provided a rationale to support the suggestion.Partially suggested ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Partially provided a rationale to support the suggestion.Satisfactorily suggested ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Satisfactorily provided a rationale to support the suggestion.Thoroughly suggested ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Thoroughly provided a rationale to support the suggestion.7. 3 referencesWeight: 5%No references providedDoes not meet the required number of references; all references poor quality choices.Does not meet the required number of references; some references poor quality choices.Meets number of required references; all references high quality choices.Exceeds number of required references; all references high quality choices.8. 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Project 2
Future values. For each of the cases shown in the following table, calculate the future value of until the end of the depo ...
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Future values. For each of the cases shown in the following table, calculate the future value of until the end of the deposit period if the interest ...
Assignment 2: Inventory Management, Business & finance Assignment Homework help
Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.Write a six ...
Assignment 2: Inventory Management, Business & finance Assignment Homework help
Research two (2) manufacturing or two (2) service companies that manage inventory and complete this assignment.Write a six to eight (6-8) page paper in which you:Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.Analyze how each of their goods and service design concepts are integrated. Evaluate the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company’s manufacturing or service operations.Determine at least two (2) metrics to evaluate supply chain performance of the companies; suggest improvements to the design and operations of their supply chains based on those metrics.Suggest ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Provide a rationale to support the suggestion.Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.Your assignment must follow these formatting requirements:Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length. The specific course learning outcomes associated with this assignment are:Evaluate the processes used in designing and producing goods and services.Determine four layout patterns and when they should be used. Utilize the concept of supply chain management.Employ the concept of capacity management. 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Determine the types of inventories these companies currently manage and describe their essential inventory characteristics.Weight: 10%Did not submit or incompletely determined the types of inventories these companies currently manage; Did not submit or incompletely described their essential inventory characteristics.Insufficiently determined the types of inventories these companies currently manage; Insufficiently described their essential inventory characteristics.Partially determined the types of inventories these companies currently manage; Partially described their essential inventory characteristics.Satisfactorily determined the types of inventories these companies currently manage; Satisfactorily described their essential inventory characteristics.Thoroughly determined the types of inventories these companies currently manage; Thoroughly described their essential inventory characteristics.2. Analyze how each of their goods and service design concepts are integrated.Weight: 15%Did not submit or incompletely analyzed how each of their goods and service design concepts are integrated.Insufficiently analyzed how each of their goods and service design concepts are integrated.Partially analyzed how each of their goods and service design concepts are integrated.Satisfactorily analyzed how each of their goods and service design concepts are integrated.Thoroughly analyzed how each of their goods and service design concepts are integrated.3. Evaluate the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Weight: 15%Did not submit or incompletely evaluated the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Insufficiently evaluated the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Partially evaluated the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Satisfactorily evaluated the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.Thoroughly evaluated the role their inventory plays in the company’s performance, operational efficiency, and customer satisfaction.4. Compare and contrast the four (4) different types of layouts found with each company; explain the importance of the layouts to the company’s manufacturing or service operations.Weight: 15%Did not submit or incompletely compared and contrasted the four (4) different types of layouts found with each company; Did not submit or incompletely explained the importance of the layouts to the company’s manufacturing or service operations.Insufficiently compared and contrasted the four (4) different types of layouts found with each company; Insufficiently explained the importance of the layouts to the company’s manufacturing or service operations.Partially compared and contrasted the four (4) different types of layouts found with each company; Partially explained the importance of the layouts to the company’s manufacturing or service operations.Satisfactorily compared and contrasted the four (4) different types of layouts found with each company; Satisfactorily explained the importance of the layouts to the company’s manufacturing or service operations.Thoroughly compared and contrasted the four (4) different types of layouts found with each company; Thoroughly explained the importance of the layouts to the company’s manufacturing or service operations.5. Determine at least two (2) metrics to evaluate supply chain performance of the companies; suggest improvements to the design and operations of their supply chains based on those metrics.Weight: 15%Did not submit or incompletely determined at least two (2) metrics to evaluate supply chain performance of the companies; Did not submit or incompletely suggested improvements to the design and operations of their supply chains based on those metrics.Insufficiently determined at least two (2) metrics to evaluate supply chain performance of the companies; Insufficiently suggested improvements to the design and operations of their supply chains based on those metrics.Partially determined at least two (2) metrics to evaluate supply chain performance of the companies; Partially suggested improvements to the design and operations of their supply chains based on those metrics.Satisfactorily determined at least two (2) metrics to evaluate supply chain performance of the companies; Satisfactorily suggested improvements to the design and operations of their supply chains based on those metrics.Thoroughly determined at least two (2) metrics to evaluate supply chain performance of the companies; Thoroughly suggested improvements to the design and operations of their supply chains based on those metrics.6. Suggest ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Provide a rationale to support the suggestion.Weight: 15%Did not submit or incompletely suggested ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Did not submit or incompletely provided a rationale to support the suggestion.Insufficiently suggested ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Insufficiently provided a rationale to support the suggestion.Partially suggested ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Partially provided a rationale to support the suggestion.Satisfactorily suggested ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Satisfactorily provided a rationale to support the suggestion.Thoroughly suggested ways to improve the inventory management for each of the companies without affecting operations and the customer benefit package. Thoroughly provided a rationale to support the suggestion.7. 3 referencesWeight: 5%No references providedDoes not meet the required number of references; all references poor quality choices.Does not meet the required number of references; some references poor quality choices.Meets number of required references; all references high quality choices.Exceeds number of required references; all references high quality choices.8. Clarity, writing mechanics, and formatting requirementsWeight: 10%More than 8 errors present7-8 errors present5-6 errors present3-4 errors present0-2 errors present
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Business impact analysis (BIA) is a strategic tool designed for examining organizational activities that would be affected by risks. BIA is used to ...
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Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions wit ...
db3 - mgmt455
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