Operation management Essay Example | Topics and Well Written Essays - 1000 words - 4

Operation management - Essay Example Reading through your memo, I find three major issues that need to be addressed in this report. These issues are: These issues are certainly important and critical as they focus on efficiency and effectiveness for the larger company. However, these issues cannot be adequately addressed if the current state of the company is not reconsidered for the fact that there is high level of inefficiency in the company due to excessive downtime rates and fewer numbers of freezers available. The issues of downtime rates and number of freezers ought to be addressed as an option of extending pea planting season will lead to increase in volume of raw pea, which would mean more capacity space. From the identified issues above, the company is currently considering a proposed change, which has to do with the extension of the pea growing. Generally, the proposed extension of growing period from 36 to 44 will bring about increased volume of raw pea and an extended harvesting season (Damerow, 2014), which is perceived to lessen pressure on the factory. When there is increase in the volume of raw pea, the production turnover of the company will also increase. The major question that should come up should however be whether or not the current state of the company is in a position to handing such expansion and increases. In the following section of the report, the proposed change of extending the growing period from 36 days to 44 days will be analysed as relates to Pendle Pea. With the above points made, it is important to consider the current state of the company in relation to how well any of these three issues fit into the current state of affairs. It is after the effect of the three issues on the current state of the company has been established that the best way forward for each of them can be adequately suggested. As depicted in appendix I, the nominal capacity of three freezers available, there is the indication that the nominal

IMF Case Study Example | Topics and Well Written Essays - 1000 words

IMF - Case Study Example It was founded to help developing countries by lending cash for development of financial structures so that it can reach developed stage (Mody & Saravia, 2008). However, this contradicts the functions of IMF presently. Some of these countries engage in highly risky activities with the notion that IMF will come to their rescue in case of failing of the business or inevitable losses. This has led to increased numbers of financial crises due to the increased responsiveness of the IMF to such crises. As a result of the increased number of crisis, the IMF has faced overloading of tasks. This needs response; hence, its main aim of increasing financial structures of developing countries is often slow to allocate and fund them. They give first priorities to crisis’s hit countries hence these countries tend to drag in developments (Mody & Saravia, 2008). IMF system of short-term crisis management is too costly, responds too slow, its advice often incorrect to the lending and repayment, and its efforts to influence policy and practice too intrusive. IMF management of crisis is often too expensive due to the process of analyzing the extent of the crisis, and vulnerability and the dangers and also the damage it has caused and it can cause if not addressed. This is done by a set of appointed board members to analyze it for a time and make a decision on the outcome and the necessary measures to solve such a crisis. This process is often somehow expensive as it includes payments to those appointed to analyze within that short period. The steps of this process are often costly and expensive as they include vital decisions that need careful analyzation before coming up with a decision (Collyns & Kincaid, 2003). Management of crisis is often a slow process as it includes analyzing the extent of the crisis, and the damage caused, the effect it would cause if not collected and the way to solve