Edward Jones Means of Production
You will prepare a written plan and identify the means of production you intend to use for the new business opportunity.
Prompt: Building on the discussion in this module, consider the following:
What tools/techniques were used in your design, such as quality function deployment, value stream mapping, and JIT? What technologies were used to support your design, such as concurrent engineering, computer-aided design, or value analysis?
Describe how you incorporated the concepts of lean operations and lean services in your design.
Identify the considerations needed for the sustainability of your production line and what specific efforts can minimize waste; consider end-of-life programs and the three Rs (reduce, reuse, and recycle). Consider the phases of product design in your paper.
As it applies to your business opportunity, consider the legal, cultural, global, and human involvement needed in your design as outlined in Chapter 4.
Specifically, the following critical elements must be addressed:
Identify the tools, techniques, and technologies used in the design of your production plan
Explain how you will integrate lean operations and lean services in your production plan.
Discuss your considerations for sustainability to eliminate waste in each phase of your production plan.
Discuss the legal, cultural, global, and human involvement needed to implement your production plan.
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