Friday, February 14, 2020
Write report of CESIM simulation of Production n R n D department Essay
Write report of CESIM simulation of Production n R n D department - Essay Example The director in charge of production provides support to satisfy the demands of all the three continents. Furthermore, the head of production has additional duties of handling manufacturing contracts to supply enough products for outsourcing. The Research and Development (R&D) department deals with improvements and innovations in new technology (Johnson, Whittington, and Scholes, 2011, 89). The department offers information new techniques of developing and improving products, which facilitates the expansion of company business activities as well as production and demand. Scholars identify that businesses have an essential to play in the manufacturing process within their operations (Johnson, Whittington, and Scholes, 2011, 67-8). Management of the same increases the competitive advantage of the company against rivals in the market. Significant relationships exist between supply and demand management therefore the company ought to undertake thorough analysis based on either supply shifter or demand shifter as environmental factors. It is possible to evaluate the capacity of the company to deal with the manufacturing process of the business in satisfying customer demands. In addition, it demonstrates the ability of the fir m to minimize the cost of production that resonates with the demand management. From the marketing outlook point of view and looking at the demand for mobile phones, it is observed that the demand for handsets has significantly increased since passengers are able to use the mobile phones even in the airplanes. Looking at the cost analysis, the transportation cost expected to fall by about 6% while the production cost is expected to remain unchanged. The competitiveness of the economy of China has resulted in its central bank selling huge amounts of Rmb in the FX market. This has consequently made Rmb fall by approximately 10% against the USD as the Euro also rebounds (Cesim,
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