Controlling

*Sources will start with this link https://courses.lumenlearning.com/wmopen-principlesofmanagement/chapter/why-it-matters-control/ and continue through to “Total Quality Management”
Purpose

In this project, you will gain an understanding of the control function in a business setting. You will compare actual performance with standards, and measure the progress toward the organizational goals, addressing any deviations through corrective action.

Don't use plagiarized sources. Get Your Custom Essay on
Controlling
Get an essay WRITTEN FOR YOU FOR YOU, Plagiarism free, and by an EXPERT!
Order Essay

Outcome Met by Completing this assignment

develop measures and assess outcomes against plans and standards to improve organizational effectiveness

Scenario

The following chart displays the results of the first year’s production of a new electric-car produced by Sleek Motors. The table was created from data supplied by the company’s entire production department managed by Isaac Newton, as a means of controlling production output. You recently joined the production department as a quality assurance associate after grading with a degree in business. Your manager, Tomas has asked you to do an analysis on the first year’s production results. Tomas indicated that this information will be used by the Vice President in his evaluation of areas of improvement, change, or processes used by the production department in the production of the mini-car. The company aims for the highest possible quality products for consumers.

The chart below describes the standards set by the department and the results for each branch of Sleek Motors. A comparison of the standard to the results allows the reader to form conclusions about the success or failure of the production department to meet the goals envisioned by the company. It also allows the reader to recognize patterns from the data from which conclusions can be drawn as to the relationship between elements (e.g. cost expended vs time expended; those who spent more time had a higher cost).

Metrics

Standard

Ft. Wayne

Georgetown

Koenigsegg

Kansas City

Lingotto

Total Cost to Manufacture (Per Unit)

13,500

15,250

14,100

12,750

16,000

14,250

Manufacturing Cycle Time (Time to complete single vehicle – in hours)

15

18

16

12

12

14

Yield (Percentage of cars produced to specifications first time without rework)

98%

99%

97%

96.50%

97.50%

95.15%

Defective Rate/Recall Rate

2%

1%

3%

3.50%

2.50%

4.85%

Scrap Rate

2%

3%

4%

2.50%

2%

1.90%

Average Production Downtown

0.50%

1%

1.50%

0.75%

0.50%

0.75%

Training Time (Hours per month)

8

6

3

5

7

4

Shipping Problems/Damage (Per 10,000 units)

1

2

4

2

1

3

Safety Incident per Employee

1.50%

2.25%

0.75%

3%

2%

1.90%

Number of units manufactured per year Utilization Rate (Capacity rate facility is utilizing during available production time)

45,000

81.82%

43,000

78.18%

27,000

49.09%

42,500

77.27%

48,000

87.27%

45,500

82.73%

Introduction

Write an Introduction paragraph. The Introduction paragraph is the first paragraph of the paper and will be used to describe to the reader the intent of the paper explaining the main points covered in the paper. This intent should be understood prior to reading the remainder of the paper so the reader knows exactly what is being covered in the paper.

Consider writing the introduction last to ensure that all of the main points are covered.

Controls

Explain what control means in a business setting

Explain why Sleek Motors needs to be concerned with the results for the electric-car

Standard Specifications

Compare the actual performance with the standards for the electric-car drawing conclusions from what is evident from the data in the table. Make sure to discuss each standard and explain the results for each branch.

Analyze the deviations between the branches and the standards for each metric.

Determine whether more control is necessary or if the standard should be changed. Explain the reasoning.

Corrective Action

Explain how implementing Total Quality Management can develop solutions to resolve Sleek Motors’ issues with meeting the standards and/or make changes to processes or behaviors.

Conclusion

Create a concluding paragraph. The Conclusion summarizes the main topics discussed in the paper.

Emergency Homework
Order NOW For A 10% Discount!
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.