Module 4 – SLP

Operations Decisions

SLP 4 continues with your imaginary company focused on supply chain management

Session Long Project

Continue using your fictitious company from the previous SLPs, and
continue to develop the company profile and operating information. This
is a very open-ended SLP and it will give you an opportunity to expand
you knowledge and also allow creativity in providing the solution to the
challenges.

Your company is faced with an increase in demand.

Identify how your company uses forecasting for purposes of capacity
planning and how you can utilize productivity, inventory control, and
quality improvements to meet this new demand (Operations decisions).
Review different kinds of capacity and capacity constraints. How is
forecasting used to generate short-term and long-term information about
demand that affects capacity? What are some options that the company has
in terms of increasing its capacity?

NOTE: in retail businesses with physical locations where
customers are served, capacity can be measured in terms of size of the
facility and throughout of customers. What is your current Max Possible
throughput – how many customers can you serve with your current
capacity? Often there is a trade-off in size of the facility for
backroom inventory or kitchen, displaying inventory to customers or
seating, and customer space such as aisles and checkouts or bar space
and waiting areas. You should consider all of these in your capacity
analysis

This paper should be approximately 3–5 pages in length
counting the introduction, body, and summary. You should include
references and cite them properly in the paper. Generally, at least
three references should be used.

SLP Assignment Expectations

• First discuss the recap of your company and add any additional
  information about it that will add necessary and/or interesting
  information as background to the discussion of capacity and forecasting.
• Identify at least two types of capacity and the constraints that act on them now and in the future.
• Discuss the types of forecasting methods that your company uses. How do they generate short-term and long-term demand forecasts?
• Determine and discuss some options that the company has in terms of
  relaxing or eliminating constraints and increasing capacity in the two
  areas you have identified. Which of these options would you recommend
  and why?

• There is no right or wrong response so be creative and use your knowledge to compile the paper.

Read and review all of the references and resources on productivity, processes, inventory, quality, and capacity.

You should look for additional references about the type of
business you are operating with specific information about improving
capacity and using forecasting.