Friday, April 12, 2019
Faster Fitness Inc. Case Study Analysis. Essay Example for Free
Faster seaworthiness Inc. Case Study Analysis. EssayThis is bound to be a great break by means of for faster fittingness as a result of the introduction of Body Flex 100 and Body Flex 200. These brands turn out already commanded interest in many dealers whose orders in the recent trade show have hitherto exceeded our yield capability. Faster Fitness Inc. has the opportunity to exploit this new market for these machines that allow users a immense browse of motions depending on the exercise performed. Body Flex 200 especially with its unique capabilities should be capable to put Faster Fitness in the lead in exercise equipments in future. We have every(prenominal) reason to be positive(predicate) of making good profits especially because we have a draw poker of advantages in the production of these machines. First of all, this new technology is patented to Faster Fitness. Patents ar an advantage to the caller as they protect the technology of the firm from being copied or adopted by other companies.A company that tries to use the technology without permission can be sued (Stim, 2007) under the United States law. This way, we are assure of market for as long as no superior technology overtakes us. The increasing market for interior(a) exercising machines in the United States is bound to provide the desired income given the unique capabilities of our machines which are specifically designed for home use.Resources required for the manufacturing of the machines are as well as obtainable and what needs to be done is to gear up for their supplies. Presence of a good workforce is to a fault of great importance to the company. Though non exuberant at the moment it will work well with the few additions in the painting and finishing.There are challenges in that the production capacity is not adequate to meet the demand currently. The problem may not be solved until after a year due to the resources required upgrading the department. Inventory space is also very limited. The fact that staff needs training before the start of the project may live production.Other details in this paper include quality control strategy selection, long range forecasts and profit estimates. It analyzes the whole production lick for the production of BF100 and BF200 while analyzing profitability and efficiency in production through creating a production schedule.The production schedule helps in organizing the factors of production and ensures that the targets are met (Pinedo, 2005 McKay and Wier, 2004). Designing a production schedule is required in order to organize the production of the machines and also make sure that the customers needs are met. A production schedule according to Herrmann (2006) provides a guidepost on the daily duties that should be performed so that no detail is left out in the process. It also guides the employees in the daily duties as it provides for time taken to do each chore.Process and the production schedule.The proces s involves about seven processes divided into three departments. The machines parts components and other resources will have to pass through the various departments before they can be made into the final product ready for delivery. work of the machines then follows the sequence shown below.The machine parts pass through the machining shop and welding shop for fabrication and welding. These two shops are in the machining and welding departments. They are then taken for finishing and painting before landing place in the assembly, testing and packaging departments where they go through the final stage before reaching the consumer.Production of BF100 requires at least eleven hours (a total of 660 minutes) completing while BF200 will take twenty quadruplet hours (1440 minutes) due to its complexity and the additional leg press sub assembly. Consider that 300 hours are available for both machining and welding, 450 hours for painting and finishing and 150 hours of Assembly, testing and packaging.The schedule will be made to declare fifteen units of BF100 and fifteen units of BF200. Out of the three hundred hours available for machining and welding per month, BF100 will take up one twenty hours (120) while B200 will take up 180 hours. Given that there are twelve hours of overtime per week then we can produce four more BF200 machines to make it 19 machines since they are more valuable to the company.
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