Subject category:
Production and Operations Management
Published by:
Harvard Business Publishing
Version: 18 June 2011
Revision date: 10-May-2019
Length: 10 pages
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Abstract
This is a Spanish version. Demand for folding and stackable chairs and tables at FoldRite Furniture Co is unexpectedly strong. The company spent the previous two years improving manufacturing quality and efficiency, dropping poor-performing product lines, developing new products that are stylish and environmentally friendly, and instituting a program that allows customers to customize their orders and still get delivery within two weeks. As a result, sales interest in the new products is higher than forecast, in the US and in Europe, where favorable exchange rates make American products highly competitive. In response to the surge in demand, Martin Kelsey, the production manager, must create a manufacturing plan that controls manufacturing and inventory costs, mitigates risk, and aligns with the strategic goals of the company. Students must complete a quantitative assignment as part of case analysis. Topics include: production capacity, seasonal demand, risk management, operations strategy, aggregate planning, manufacturing, design changes and portable furniture.
Locations:
Other setting(s):
2010
About
Abstract
This is a Spanish version. Demand for folding and stackable chairs and tables at FoldRite Furniture Co is unexpectedly strong. The company spent the previous two years improving manufacturing quality and efficiency, dropping poor-performing product lines, developing new products that are stylish and environmentally friendly, and instituting a program that allows customers to customize their orders and still get delivery within two weeks. As a result, sales interest in the new products is higher than forecast, in the US and in Europe, where favorable exchange rates make American products highly competitive. In response to the surge in demand, Martin Kelsey, the production manager, must create a manufacturing plan that controls manufacturing and inventory costs, mitigates risk, and aligns with the strategic goals of the company. Students must complete a quantitative assignment as part of case analysis. Topics include: production capacity, seasonal demand, risk management, operations strategy, aggregate planning, manufacturing, design changes and portable furniture.
Settings
Locations:
Other setting(s):
2010