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Smitheford Pharmaceuticals wants to reduce its inventory costs. As a quality manager to Smitheford Pharmaceuticals, explain the meaning of lowering the water level to expose the rocks, on the diagram on this figure, as you would to your management team. How would you keep Smitheford Pharmaceuticals from immediately raising the inventory as soon as an outage occurs? Explain how each rock can cause problems in the production process and how you would help pharmaceuticals to improve processes and reduce inventory.

Reference

Gaither, N., & Frazier, G. (2002). Operations management (9th ed.). Mason, OH: South-Western.

Post your comments to at least two other postings. Each comment must be at least 150 words in length. Use the 2X2 matrix to comment (e.g., two things you liked about the posting and two things the student could have included to improve the posting, including errors or excluding erroneous information).

Smitheford Pharmaceuticals wants to reduce its inventory costs. As a quality manager to Smitheford Pharmaceuticals, explain the meaning of lowering the water level to expose the rocks, on the diagram on this figure, as you would to your management team. How would you keep Smitheford Pharmaceuticals from immediately raising the inventory as soon as an outage occurs? Explain how each rock can cause problems in the production process and how you would help pharmaceuticals to improve processes and reduce inventory.

https://studentlogin.coloradotech.edu/courses/MGM640/Assignment_Assets/p3_dbs.GIF

Reference

Gaither, N., & Frazier, G. (2002). Operations management (9th ed.). Mason, OH: South-Western.

Post your comments to at least two other postings. Each comment must be at least 150 words in length. Use the 2X2 matrix to comment (e.g., two things you liked about the posting and two things the student could have included to improve the posting, including errors or excluding erroneous information

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