Colorado Technical University Operations Management Tools and Method Paper – assignmentcollections.com
Business Finance Assignment Collections – assignmentcollections.com
Smitheford Pharmaceuticals wants to reduce its inventory costs. As a quality manager to Smitheford Pharmaceuticals, explain the meaning of lowering the water level to expose the rocks, on the diagram on this figure, as you would to your management team. How would you keep Smitheford Pharmaceuticals from immediately raising the inventory as soon as an outage occurs? Explain how each rock can cause problems in the production process and how you would help pharmaceuticals to improve processes and reduce inventory.
Reference
Gaither, N., & Frazier, G. (2002). Operations management (9th ed.). Mason, OH: South-Western.
•Explain how each rock can cause problems in the production process and how you would help pharmaceuticals to improve processes and reduce inventory.
–There are 10 rocks, which means you should be writing 10 short paragraphs or bullet points
•How each rock can cause problems AND how you would help improve the process
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