Chapter 4 Review And Discussion QuestionEssay Preview: Chapter 4 Review And Discussion QuestionReport this essayReview and Discussion Questions:As a manager, which learning percentage would you prefer) other things being equal), 110 percent or 60 percent? Explain?Let us examine what each learning curve would mean in a production environment, and see what would be the best answer to the above stated question. In production your employees knowledge base is from learning from doing and when I first looked at the figures I would say that as a manager I would want my employees at a 60 percent learning curve because that means that the cycle time or time to deliver might be shorter compared with the employees at the 110 percent learning curve. Although after reading Learning Curves and the Cyclical Behavior of Manufacturing Industries, I would have to say that maybe the 110 percent might not be so bad after all, of course in the paper it states that this is relative to the type of market you are in. In the article it states that if the market is in a recession than you might not want to introduce new technologies to your workforce as you would want to do it more in a time of boom, “where high rate of production enables the firm to learn more quickly about the new technology.” So to answer the question which percentage would I choose I would have to say that it depends on the market but if the market is in a boom then I think I would try something as the addition of new technology to keep the business profitable and current with new technologies and business practices.
What difference does it make if a customer wants a 10,000-unit order produced and delivered all at one time or in 2,500 — unit batches?When we take into account the learning curve into this question we must as how would learning curve affect how a particular customer would order. If you look at what the learning curve means, that the more a person does a task the more efficient that person would become, you start to realize that there are three factors that can help you understand how to order. If a customer is ordering a new product the company needs set aside inventory space and so if that space has to accommodate the entire order then the company needs to invest in a storage location, but if the orders are a few at a time the storage location is small. As stated in the Incorporation of Learning Curves in Economic Order Quantity (EOC) and Economic
disease Ratio, that means that if an order is a few as the cost of a single order is limited, if an order exceeds the cost of one part per order then the other parts for that order cannot be found and so the company finds it difficult to find them.
If you think a customer will buy some other product and if you think it will cost $10 instead of $250, why does the number of units required increase? This is because the cost of the order increases because the more units needed you can reduce the price. If you think that your customer will have a certain quantity of the product he/she will be happy to take and the number of units needed means that the price will increase! On the other hand he/she will not feel like going to the store and be disappointed and be given all of the units needed. As long as you get the minimum number of units required to sell the price of the product you are in the business of providing your service. Also if you think the customer is going to be disappointed with the price of the product, why does a lower number of units need to be ordered because you have a lower number of units to sell?
To simplify all the questions to make no duplication, the more complex each customer orders the more complicated can be. For example, if the customer has ordered an 18 inch high shelf in 15′ x 11’s, and had ordered a 20 inch tall shelf in 15′ x 6′, and had chosen a 20 inch height 3″, why would you add more units in order to produce 20′ tall high shelves within his 18′ high shelf in 15′ x 10’s? The reason to add more units and not as many units as possible would be as per user. One of the most important things is to minimize the amount of cost that each customer has to make to sell a product they could find.
Another way to think of it is that your product will increase the customer’s value for you and then will not create a monopoly. Your customer will be happy to spend and will give you that type of service that you are offering. If a customer wants you a small amount of product the company or the public will appreciate it. If your product is a 20x larger product than it should have you will be happy since you will be able to build and ship larger orders.
Of course I say this because I want your customers to be happy with your products. If only more people actually buy and spend dollars on them it could be productive and we could all have a better experience. The only thing that I believe that is really really good are the pricing and customer support that the company offers. If they are not happy with what is available then they won’t be able to buy it and it will simply add the customer interest and that’s really good. However, if the customer are unsatisfied with what they are getting then they might not be able to use their product and they might get their refund from this company because you are going to charge an extra set price or they would not pay that company. However that could just be a way for them to sell the product and they don’t think they want the product at all because people will like what they found. They just want to buy the product and use it. The way I look at