Short Paper: Production Plan Assignment

Short Paper: Production Plan Assignment

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Short Paper: Production Plan Assignment

Short Paper: Production Plan Assignment

Create a semiannual production plan for your new business idea, product, or service using notional demand and inventory data.

This initial production plan is based on your market estimates of what you intend to sell and produce.

Create a semiannual production plan for your new business idea, product, or service using notional demand and inventory data.

This initial production plan is based on your market estimates of what you intend to sell and produce.

The final paper is managing the project to implement your intended new product/service into the marketplace, but you have to create a production plan that is supported by your market forecasts, and that is the purpose of this assignment.

Prompt:

The plan should replicate the techniques in the text and can be submitted in a basic tabular (spreadsheet) format. It must include the following:

 Estimates of labor hours consumed

 Estimated number of worker requirements considering a standard work week, current inventory levels, receipts of new inventory during each month, and varying demand levels for each month of production

For service businesses that do not include inventory or raw goods for the assembly line, the inventory of the support materials/equipment or consumable materials can be used. Specifically, the following critical elements must be addressed:

 Create a semiannual production plan using notional demand and inventory.

 Estimate the labor hours consumed.

 Estimate the number of worker requirements considering a standard work week, current inventory levels, receipts of new inventory during each month, and varying demand levels for each month of production.

Rubric

Guidelines for Submission:

This short paper should adhere to the following formatting requirements: it is submitted as a Word document, 1 to 2 pages (not including title and reference pages), double-spaced, using 12-point Times New Roman font and one-inch margins. All APA citations should reference the course text and at least two additional resources.

Critical Elements Proficient (100%) Needs Improvement (75%) Not Evident (0%) Value Production Plan Creates a semiannual production plan using notional demand and inventory Creates a semiannual production plan but lacks notional demand and inventory details Does not create a semiannual production plan 30 Labor Hours Estimates the labor hours consumed Estimates the labor hours consumed, but is inaccurate Does not estimate labor hours consumed 30 Worker Requirements Estimates the number of worker requirements with consideration for standard work week, current inventory levels, receipts of new inventory during each month, and varying demand levels for each month of production Estimates the number of worker requirements, but lacks details for consideration of standard work week, current inventory levels, receipts of new inventory during each month, and varying demand levels for each month of production Does not estimate worker requirements 30 Articulation of Response

Submission has no major errors related to citations, grammar, spelling, syntax, or organization

Submission has major errors related to citations, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas

Submission has critical errors related to citations, grammar, spelling, syntax, or organization that prevent understanding of ideas 10 Total 100%

Short Paper: Production Plan Assignment

Short Paper: Production Plan Assignment

 

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