Operations Management Report: Dough Bakery Analysis, 2017
VerifiedAdded on  2022/12/29
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AI Summary
This report provides an in-depth analysis of Dough Bakery's operations management, focusing on the challenges faced after implementing changes in its operational structure. The report begins with calculations related to production, revenue, and costs, including assumptions made due to missing data. It then delves into the efficiency of the factory, highlighting the need for improvement and capacity utilization. Forecasting methods, specifically the weighted average method, are discussed as a means to predict future production and sales. The report also examines changes in operating profit and inventory turnover, comparing figures from February 2016 and 2017. A master production schedule and an integrated approach to supply chain management (SCM) are proposed to improve efficiency. Finally, the report outlines a strategy to manage capacity, including recommendations for machinery upgrades and staffing improvements. The conclusion summarizes the key findings and importance of each aspect for proper management of an organization.
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