CASE STUDY-WEEK 1

ETM 535-Advanced Engineering Economics

Shiva ram Reddy Singireddy

1) I, as an in charge would prefer talking to the personnel from each department and talk to them in person so that I can get a better understanding on their needs. I could also negotiate with the personnel so as to be economic. we could also rent some machines for temporary use or for monthly basis , based on the usage in particular departments or areas.

2) As our company is being established now and machinery being shifted from a three hour distant place. More staff is being hired and transferred in from the main plant too. The primary objective is to make this transition of my office easy. I must make efficient decisions on equipment that is needed for the entire plant operation. Yes, People in different offices have different objectives. The accounts , HR and public relations office might need more specified office equipment and copiers where as other technical departments do not need copiers so frequently.

3) After discussing with the personnel from each department in my office I can understand their needs, and then research for the equipment on internet or talk to a dealer about the equipment to know if it is available, to know if the tasks the necessary tasks can be performed and costs related to it.

4) I would take the suggestions of personnel and also employees and also understand their needs. The equipment will be physically placed based on the important criteria like type of usage, number of hours each printer is used, amount of area the equipment is occupying and number of employees/ departments each printer is serving etc. We can see if equipment can be shared between two departments to make maximum usage of the machines.

5) I can get a better understanding of the usage and needs of the employees after discussing with them, so I can plan accordingly. Instead of allocating same number of machines to each department I can consider important factors and see if machines can be shared between departments or no. if a particular department's usage is very low then they can share a machine with another department to increase efficiency of the company.

6) The manufacturing engineering manager is my supervisor who has appointed me , so I would submit my proposal to her for further corrections or approval.

7) After discussing with the staff and personnel , I would make an estimate of how many machines we actually need. I can come up with a number of stations where we are going to place our equipment. Then I would generate the bill of materials, compare the prices from different dealers and then present all this information and proposal to the manufacturing engineering manager, who is my supervisor

8)Before the installations of the machinery, the primary step to be taken is to arrange for the power supply, desks, tables for the entire machinery. Then I will create a map showing the locations of the new equipment which will help the staff. The staff must also be taught how to use the machinery so I will try to make or find a video demonstration that will help the staff understand the procedures easily.

9)I can set up meetings with personnel from all the departments to get feedback from them every week or every month , whichever works for all of us. after the first week/month we can get the usage patterns of each machines and see which machines are being most used and which machines are not being used as per expectations. so, necessary changes can be made and again we can have a meeting to follow up.

10)Economic analysis always comes in to play when we try to maximize the profits and minimize the costs. This is a similar case in the office, where we try to make the most out of the machines that are going to be purchased. Idle time of machines must be low, It is an important task to make full use of all the equipments so changes in location may sometimes help us to make the most out of each machine.