MGT613 Assignment # 1 Slution

SOLUTION OF ASSIGNMENT # 1
MGT613 PRODUCTION & OPERATIONS MANAGEMENT
Requirement:
Select a product of your own choice and:
1. Describe the major factors you will consider in the design strategy of
that specified product.
2. Being an Operations Manger what would be your major objective
while designing that specified product?
Solution
Ans. Q. 01
As an operations Manger I will consider the following major factors in the
design strategy of beauty soap.
· Cost:
I will emphasize on minimizing the cost of ingredients and raw material in
the process of making soap and using an easy recipe so that the cost should
not increase much.
· Quality:
Quality can not be compromised so I will focus on maintaining the quality
while keeping the cost minimum. My main focus will be that customers
should have a good feeling while using the soap, its fragrance, packing and
a good impact on skin by using the soap for a long time.
· Time-to-market:
I will ensure that the soap is readily available in the market so that
customers may find it every time when they visit to different stores to buy
it.
· Customer Satisfaction:
I will focus heavily on customer satisfaction so that I may sustain them. The
usage of the soap and its price along with quality will provide maximum
satisfaction to the customers.
· Competitive Advantage:
The formula, recipe, cost, price, and quality will make the soap a superior
one to the competitor’s product.
Ans. Q. 02
Following objectives will be considered while designing the soap:
· To satisfy the customer while making a reasonable profit
· To produce quality soap as quality is typically high on the list of
priorities in the design strategy.
· Design for Operations: I will take into account the capabilities of my
company in designing quality product.