A system study on the manufacturing division of Tradesphere Industrial Commodities, Incorporated
The Manufacturing Division of Tradesphere Industrial Commodities Incorporated has incurred delays on delivering 5,044,750 units of plastic products (bottles, caps, and plugs) to their customers for the year 1997 and an average of 3.04 months of delay. With the delays, the company was subject to a co...
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| Format: | text |
| Language: | English |
| Published: |
Animo Repository
1998
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| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/1638 |
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| Institution: | De La Salle University |
| Language: | English |
| Summary: | The Manufacturing Division of Tradesphere Industrial Commodities Incorporated has incurred delays on delivering 5,044,750 units of plastic products (bottles, caps, and plugs) to their customers for the year 1997 and an average of 3.04 months of delay. With the delays, the company was subject to a cost amounting to Php 1,984,764.37 and loss of sales amounting to Php 2,270,137.54.
There are several causes that were identified that contributed to the problem. Among these causes that were identified are inaccurate production planning, incompetent workers, and lack of proper job scheduling.
A proposed system was created for the Manufacturing Division of Tradesphere Industrial Commodities, and this is a production and control program. In this program, includes a project planning for each job order which uses PERT-CPM, A scheduling algorithm entitled A Combined Approach to Due-Date Scheduling by Edwin T. Cheng and lastly, a Hoshin Kanri Review is used to evaluate the running system. This three concepts make up the new system.
The proposed system is justified through an analysis of costs that maybe incurred and the possible benefits of which the manufacturing division may get. The net present value of the projected economic life was computed to be Php 2,902,406.00. |
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