Operations Management. Please PDF instructions essay.
Operations Management
Albatross Anchor's competitiveness
The competitiveness of Albatross Anchor can be assessed from a wide array of angles, including the following most relevant ones:
a) Cost
The cost is similar to that implemented by other anchor manufacturers, as this is imperative to maintain sales. Yet, the real costs encountered by Albatross Anchor are higher than those of its competitors and this is the result of operational inefficiencies.
b) Speed of manufacturing process
The manufacturing process is delayed by the lack of adequate technologies, spaces and facilities, but also by the fact that the company has to continually switch its production lines in order to manufacture both the bell anchor as well as the hook anchor.
c) Flexibility in filling orders
Due to several inefficiencies, the company is only able to manufacture and deliver small product quantities. In case the orders suffer modifications, the company is unable to effectively address...
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