1OPERATIONS MANAGEMENT
Synopsis
A closer look at the situation will reveal that the two persons concerned had asked for the
expert consultation. Ron and Debora Hill had requested my consultation. Ron and Debora are the
founders and owners of Arva furniture in the region of Arva. A closer look at the case will reveal
that the chief problem faced by the two owners is the issue of meeting the demand of 500
refurbished chairs per year. In addition to this, another pressing issue is the need and the manner
in which the refurbished items will be produced. Ron and Debora can explore the three options
of buying and innovating the old machines or innovating the existing machine or buying an
advanced computerized machine. These issues need attention and need to be addressed because it
is quite important for the persons concerned to opt a viable and productive option to meet the
demands of the client. In addition to this, these issues need to be addressed to delete and fix the
operational as well as financial issues. Properly addressing these issues can also assist ni
minimizing the cost while generating productive items.
Alternative Solutions
In order to arrive at proper and effective solutions, the issues were examined in a
comprehensive manner. Operational as well as financial data of Arva furniture were analyzed in
a proper manner. Studies reveal that the effective and proper accumulation of data in relation to
the financial details can help in enlisting the future endeavors (Crawford et al.,2014). In this
situation, the financial data related to yearly expenditure and turnover had helped in mapping the
measure that needs to be adopted. Further, the value of the assets were also measured to gauge
the total values. Studies are emblematic of the fact that measuring and analyzing the annual
turnover and expenditures can assist in comprehending the various important nuances (García-

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Operations Management

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