Toy Plus Essay

Words: 2074
Pages: 9
Open Document
Operations Management Case Study
ToysPlus, Inc.
Murthy, vice president of manufacturing for ToysPlus, Inc., finished reading the weekly production report for the week ended January 27, 2012. Inventories were up once again, and service levels were lower than expected. Murthy wondered why these problems could not be solved once and for all. Last year he had installed a new IBM production and inventory control system on the company’s mainframe computer. While the system drastically reduced inventories and improved service levels at first, things had gotten worse over the last few months.
Murthy took the report and walked to Asha’s office next door. Asha had received her M.B.A a few years ago from I.I.M. Bangalore and was now in charge of …show more content…
The shop labor rate is Rs.100 per hour for wages, fringe benefits are 33 percent additional, and there is Rs.300 per hour charged for overhead. It costs 25 percent to carry inventory for a year. For parts and components that are ordered, it costs Rs.1250 to place each order. When the line is changed over, not only is a setup cost incurred for the labor to change the line but also an order is also triggered for each of the parts that are used to make the final product. The total setup cost of a line changeover is therefore the total of these costs.
Purchasing does not always buy the exact number of parts that are ordered by the production control department. Adjustments are made to take advantage of price breaks from suppliers or to achieve full-truckload shipments. As a result, some additional parts might be purchased in order to reduce purchasing costs. Also, suppliers do not always ship the component parts when promised. As a result, ToysPlus carries safety stock inventory to protect the master production schedule and to keep the assembly lines running, no matter what. About one week of safety stock is carried to protect for late supplier deliveries. Management has mandated that the assembly lines will not shut down.
Profit and Loss (in Rs.) Year Ending December 31, 2011
Balance Sheet (in Rs.) As of December 31, 2011
Net Sales
1005000
ASSETS
Cost
Show More

Related Documents: Toy Plus Essay

Independent Communicative Initiations In Preschoolers With Autism And Developmental Delays

having little if any independent communication initiation skills. Independent initiation as defined by the article is “the student picking up a picture and giving it to the teacher without any assistance or prompt to request a natural desirable item (toy or snack). The desirable items were selected by assessing each child on what their preferences for primary and secondary reinforcers would be. To increase the effectiveness and promote maintenance of communication skills, ensuring that the items were…

Words 1358 - Pages 6

Why Is Fidget Spinners Be Allowed In School

Pulling the Reins on Spinners Have you ever wondered why your child’s grades are dropping and he/she is receiving discipline notices? The cause might be fidget spinners. In a Scholastic Scope Magazine article, Liam believes that students at his school should be allowed in school to use fidget spinners in class. His principal thinks that the use of fidget spinners at school districts from the learning process. After reading a few different sources it is obvious that fidget spinners are a distraction…

Words 282 - Pages 2

Lego Research Paper

“Only the best is good enough.-Ole Kirk Christiansen”(Encyclopedia.com). Indeed, the LEGO group tries their best to produce the best toy they can make—LEGO. In order to understand more about the LEGO toy, this essay will first talk about the facts of the origin and the prototype of it, then how does the very first LEGO looks like and works. In addition, this paper will also mention the similarity and difference between the first LEGO and the LEGO that we play nowadays. It is certain that this piece…

Words 675 - Pages 3

Maschino Barbie Gender Roles

Things change each and every day. But are things changing for children? Are toys causing a change in the way their lives are being shaped? Children are today have felt the effects of bullying, and judgment by the toys they play with and the activities they participate in whether they're boys or girls. However, the efforts made by toy manufacturers recently are becoming more and more effective in addressing gender issues. Toy manufacturers are now starting to produce products in multiple colors, and…

Words 908 - Pages 4

Letter To First Footsteps Nursery

letters as well to tell us everything on there, or even if we pass by then tell us of any changersx Does your child enjoy their experience at First Footsteps? both of are children loved being there, they have been brilliant since they have been there plus they both have come out of there shell, sometime they talk to us about what they have done in the day or what has happened an when they done they have a smile on there faces. What does…

Words 481 - Pages 2

Lion The Witch And The Wardrobe Quotes Analysis

and had to move to the professor's house because their home was being attacked by air raids around WaW. They like to explore and have fun with what they have, also they now live in a mansion that the professor owns and and it is located in a forest, plus there is not a store in at least 2 miles from the mansion. Lastly, the theme of this book is that you should treat others the way you want to be treated. First, this first body paragraph is going to be about details in the story on how it is good…

Words 891 - Pages 4

Why Elves Should Be Paid Minimum Wage?

being, a violation of the elves’ rights, and a violation of law. Elves should be paid minimum wage for the elves’ well-being. According to “It’s Time for Santa’s Elves to Unionize” by Nathalie Baptistie, if the elves were to be able to produce enough toys for 500 million children, that means that the elves…

Words 694 - Pages 3

High School Babysitter Research

born, can’t eat food like us. They have to drink a formula, or their mom’s have to breastfeed their babies both are okay to give to a baby when first born. When the baby gets to be in the toddler age that is where they can start to eat baby food, plus they can still have the formula if parents chose to let their kids have the formula. “Feeding young and older babies” (Greene). Young babies…

Words 461 - Pages 2

BUS210 Assgn 1 Essay examples

Amazon.com 1: Toys "R" Us sales exceeded $300 Million by 2004 on the Amazon.com site. In about 200 words explain how Amazon, Toys "R" Us, and other toy sellers who participated in Amazon's Marketplace retailer program benefited from the network effect as a result of the relationship between Amazon and Toys "R" Us. Toys "R" Us and other toy sellers who participated in Amazon's Marketplace retailer program benefited from the network effect as a result of the relationship between Amazon and Toy "R" Us in…

Words 2108 - Pages 9

Miniature Pig Research Paper

times available to them due to pigs don't perspire like dogs and cats. A pig feels at home and that's it is their home when they have their own spot that they can call their own. So a pig's bed is a place that they should feel safe and sound with many toys and soft fuzzy blankets to hide under or burrow into. Being a pet they do smell at times from going outside or just from getting dirty so they do need proper baths with baby soap and shampoos. After the bath you would want to use baby lotion or baby…

Words 1181 - Pages 5