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    Bragado, Manilyn Barcenas, Michael Kevin Colima, Lady Laurince Kim, Tae Kyoung Nonesa, Rudy Marc

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    ChristoferBarrueto
    The document presents a case study on Weldon Hand Tools' plans to manufacture a new smoothing plane product. It discusses developing a forecasting method to predict aggregate supply and demand. It analyzes findings that international sales are difficult to predict and the company should react quickly to meet demand. It recommends designing production with flexible layouts and capacity for expansion, using sales promotion to smooth demand increases, and employing 11 staff based on revised sales forecasts and output numbers.

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    Bragado, Manilyn Barcenas, Michael Kevin Colima, Lady Laurince Kim, Tae Kyoung Nonesa, Rudy Marc

    Uploaded by

    ChristoferBarrueto
    22 views12 pages
    The document presents a case study on Weldon Hand Tools' plans to manufacture a new smoothing plane product. It discusses developing a forecasting method to predict aggregate supply and demand. It analyzes findings that international sales are difficult to predict and the company should react quickly to meet demand. It recommends designing production with flexible layouts and capacity for expansion, using sales promotion to smooth demand increases, and employing 11 staff based on revised sales forecasts and output numbers.

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    The document presents a case study on Weldon Hand Tools' plans to manufacture a new smoothing plane product. It discusses developing a forecasting method to predict aggregate supply and demand. It analyzes findings that international sales are difficult to predict and the company should react quickly to meet demand. It recommends designing production with flexible layouts and capacity for expansion, using sales promotion to smooth demand increases, and employing 11 staff based on revised sales forecasts and output numbers.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    22 views12 pages

    Bragado, Manilyn Barcenas, Michael Kevin Colima, Lady Laurince Kim, Tae Kyoung Nonesa, Rudy Marc

    Uploaded by

    ChristoferBarrueto
    The document presents a case study on Weldon Hand Tools' plans to manufacture a new smoothing plane product. It discusses developing a forecasting method to predict aggregate supply and demand. It analyzes findings that international sales are difficult to predict and the company should react quickly to meet demand. It recommends designing production with flexible layouts and capacity for expansion, using sales promotion to smooth demand increases, and employing 11 staff based on revised sales forecasts and output numbers.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 12

    CASE STUDY ON

    WELDON HAND
    TOOLS
    BRAGADO, MANILYN
    BARCENAS, MICHAEL KEVIN
    COLIMA, LADY LAURINCE
    KIM, TAE KYOUNG
    NONESA, RUDY MARC
    INTRODUCTION
    • Weldon Hand Tools, one of the most successful of the European hand tool
    manufacturers, decided to move into the “woodworking” tools market.
    • One of the first products which it decided to manufacture was a general-
    purpose “smoothing-plane”, a tool which smooth and shapes wood.
    • Its product designer devised a suitable designed and the company’s work
    measurement engineers estimated the time it would take in standard minutes
    to perform each element in the assembly process.
    • The marketing department also estimated the likely demand for the new
    product.
    PROBLEM STATEMENT
    This study will explore on the following problems:
    • Develop and justify a forecasting method that fulfils the company’s
    specifications.
    • Forecast aggregate supply and demand to eliminate impulsive buying and
    prevent loss of sales.
    • What role should The Weldon Hand Tools “feel” of the market play in
    establishing new sales forecasts?
    ANALYSIS/FINDINGS
    • The data indicates that the marketing department was not totally confident
    of its forecast, however. A substantial proportion of demands are likely to
    be export sales, which we find difficult to predict.
    • The ratios are obtained by averaging the time period ratios from the same
    volume in successive quarters.
    • Whatever demand does turn out to be, the company should react quickly
    to meet it. Because the more the company enters these parts of the
    market, the more they are to impulse buying and the more sales they lose
    if they don’t supply.
    CONCLUSION/
    RECOMMENDATION
    • layout be design in a flexible way to rearrange stages that will create more
    rooms for expansion so as to meet future demands and capacity.
    • sales promotion could improve the demand distribution to a smooth
    increase throughout the quarters.
    • Production Arrangement to short-fat spectrum
    • Increase employees from 7 to 11
    KEY QUESTIONS/ANSWERS
    How many staff should the company employ?
    In terms of determining
    how many staff is needed to
    work in assembling of
    smoothing plane
    manufacturing plant, given
    the sales forecast for the
    next two years we assume
    that each employer to
    works 35 hours per week for
    48 weeks a year excluding
    the holidays
    KEY QUESTIONS/ANSWERS
    What type of facilities and technology will the company need to
    buy in order to assemble this product?
    Operations Required
    Press machines Fly press
    Assembly Operations Bench
    Assembly Tools
    Wrapping Automatic box stapler
    Moving and Handing equipments
    Semi-automatic wrapping machine
    Design a layout for the assembly operation (to include the fly press
    work) including the tasks to be performed at each part of the system.

    Design layout is
    significant process in
    operation management
    ,the flow of the layout
    very much relies on the
    volume and variety
    characteristic which
    shapes the overall
    design (Slack et al,
    2010).
    How would the layout need to be adjusted as demand for this and
    similar products builds up?

    Short-Fat Spectrum Arrangement


    FORECASTING
    ORIGINAL CALCULATION OF EMPLOYEES
    NEEDED
    ACTUAL OUTPUT AND REVISED
    NUMBERS

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