Sunday, November 3, 2019
Capacity Planning and Management Case Study Example | Topics and Well Written Essays - 1250 words
Capacity Planning and Management - Case Study Example Further, there is likelihood that the human resource issues in relation to the implementation of the new facilities may arise. It has been noted that the facility decision involves the subjects such as finance, marketing, human resource, accounting and engineering. Therefore, there is requirement of the cross-sectional teams in facility decisions. Balancing Supply And Demand In order to describe the aggregate planning process, the sales and the operation planning (S&OP) can be used. It can be stated that S&OP tends to match the demand as well as the supply by making use of the cross-functional team approach. The diverse cross-functional team tends to meet the general manager for discussing on the sales forecast along with the supply plan and thus take the necessary steps to balance the supply and demand. Role of Aggregate Planning The main task of the aggregate planning is to equalize the supply along with demand of the outputs within the medium-term range. Since the demand of the pr oduct seems to be uncertain and fluctuating, with the help of the aggregate planning the general output level for the medium-term future is set. It is not only the yield level that is planned with the help of the aggregate planning method of the operations management but also aggregate planning method tends to determine the suitable resources input mix that can be utilized. It can be stated that the main objective of the aggregate planning is to achieve a plan of production that can make optimum exploitation of the resources of the organization for the purpose of satisfying the expected demand. By making utilization of the ââ¬Ëlevel strategyââ¬â¢ and the ââ¬Ëchase strategyââ¬â¢ or the blend of the two, a firm is able to meet the aggregate demand in the medium-term (Pan & Kleiner, 1995). Material Requirements Planning and Enterprise Resource Planning It can be stated that the manufacturing organizations are required to handle the complexities since there are few thousands of the products, parts, processes and uncertainties that they need to manage. However, it would not be sensible to reveal that there are not any possibilities to manage the uncertain situation. With the assistance of the computerized planning as well as control system named as material requirements planning, it is possible to manage any kind of situation. On the other hand, ERP (Enterprise Resource Planning) is also a significant aspect in operations management. ERP is generally a company wide resource planning system utilized for the purpose of planning along with the controlling of the resources MRP can be utilized to assist the managers to keep the record of the orders via the manufacturing process and thus assist in moving the accurate amount of the material to the production department (Scarlett, 2006). It can be identified that there is requirement of the five elements to make the MRP successful. The five elements are: execution planning, exact data, adequate computer system, and management support and users knowledge. It can be stated
Friday, November 1, 2019
Land Law and Professional Advice Essay Example | Topics and Well Written Essays - 1000 words - 1
Land Law and Professional Advice - Essay Example However, it can be seen that there is some contribution from her in the land as she helped to ââ¬Å"prop up the business and the farmâ⬠. In Jones v Kernott2, the male spouse left the house and stopped paying the bills and the mortgage. In his absence, his wife bore all the expenses. It was held that the wife had an equitable interest in the house and on the basis of equity; the share was 90:19 between the two. But in Lloyds Bank plc v Rosset3, upon sale by the husband who was the sole owner, the wifeââ¬â¢s claim to a beneficial ownership was rejected despite her having made contributions in the improvement of the land. Therefore, Andreaââ¬â¢s contribution in the improvements to the land would be regarded as de minimis. From Fredââ¬â¢s letter to his wife, it can be construed that he did not want to authorize Andrea to make negotiations regarding the sale of the farm. Since Fred never really put Andreaââ¬â¢s name in the deeds and now the Land law emphasises on the nee d of putting such agreements into writing, Andrea could not have passed the title to Rachel Buchanan. From another point of view, since Andrea borrowed a ââ¬Å"vastâ⬠sum of money from her father, it can be construed that she had made a big investment in the farm and her contribution might not be regarded as de minimis. From the judgement of Stack v Dowden4, it might be construed that Andrea had developed a constructive trust in the farm. This would enable her to transfer her equitable interest to Rachel Buchanan in the farm as seen in Chinn v Collins5. Therefore, Rachel now holds an equitable interest in the farm transferred to her from Andrea. Fred still has his interest and rights regarding the farm. Rachel mentions in her letter that there was an extremely valuable Georgian sun-dial in the garden. Andrea has taken the sun-dial and left the plinth. Rachel wants the sun-dial back. The contract was between Rachel and Andrea. At that time, Rachel had not seen the estate. Hence , she did not know that there was a sun-dial on the estate and it was not essential to her prospective business either. In Berkley v Poulett6, the seller had removed some pictures and a sun-dial. The buyer sought recovery of those items. It was held that the sun-dial was not a fixture and was affixed for mere enjoyment. The seller was entitled to remove it at any time as he pleased. Similarly, Andrea is entitled to have the sun-dial in her possession as it did not form a part of the contract and Rachel had no knowledge of its existence at the time of the contract. Rachel can have the plinth and it might be regarded as a fixture since it might do some damage to the land upon its removal. From Matthew Williamsââ¬â¢ letter to Fred, it can be easily construed that Fred had completed the contract of transfer of the extension to the Hopgood farms to Matthew. The legal requirements are fulfilled and everything has been put into writing. Mathew is now entitled to obtain possession of the land and Fred is holding the land for him. However, a letter from Beryl Stanforth, the owner of Grange Farm, to Fred suggests that she has an equitable interest in the land and her permission is required to lease the land. Mathew has written in his letter that when he went to the estate, he had an encounter with Beryl. This means that he could have made
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