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#1 A++ Tutorial Guide - RJT2 Supply Chain - Task 1 WGU
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SUBDOMAIN 326.1 - MANAGING INTERNAL COST & CONTROLLING FINANCES
SUBDOMAIN 327.3 - DEVELOPING & MAINTAINING QUALITY
SUBDOMAIN 329.4 - MANAGING OPERATIONS
Competencies:
326.1.5: Budgets - The graduate utilizes budgets and a variety of pro-forma statements for planning and control purposes including analyzing cash flows to assure adequacy of funds for capitalizing on business opportunities.
327.3.1: Continuous Improvement and Quality Management - The graduate applies quality management methods for continuous improvement and proposes various quality improvements in an organization.
329.4.1: Operational Design - The graduate designs capacity, process, layout, and location strategies.
329.4.3: Operating Efficiency - The graduate employs just-in-time, lean systems and constraint management concepts and scheduling methods to improve operating efficiency.
329.4.5: Requirements Planning - The graduate applies operations and requirements planning and inventory management concepts to achieve operating objectives.
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Introduction:
For this task, you will be using “Business Fundamentals,” a Marketplace simulation from Innovative Learning Solutions. You will act as the manager of a firm that manufactures and markets personal computers. You will prepare an analytical report that you plan to discuss with your management team as you review your company’s performance in the simulation.
Task:
A. Submit the following documents from your simulation company:
Note: You may submit your files in a word-processing document or spreadsheet format.
• Fourth quarter cumulative balanced scorecard
• Income statements for the four quarters
• Balance sheets for the four quarters
B. As you prepare to respond to prompts 1 to 5 shown below, you should reflect upon and analyze your simulation results. Consider the following in your analysis:
• Your actions during the simulation
• The relationship between your actions and your simulation results
• Your success compared to other competitors
• Alternatives to your actions that could have produced better results in the simulation
Keeping your analysis and the simulation content in mind, respond to the following prompts:
1. Evaluate how you utilized budgets and pro-forma statements to ensure adequacy of funds for providing the production capacity you needed to achieve your business goals.
2. Evaluate how you employed each of the following strategies to improve operating efficiency in your manufacturing facility:
Note: You may provide real data to support your analysis.
a. Just-in-time
b. Lean operations
3. Analyze the applicability of work cells to the type of manufacturing facility included in the simulation.
4. Evaluate your decisions involving inventory management (e.g., Did you have inventory when you needed it without incurring unnecessary inventory carrying costs?).
5. Explain how you could meet the need for a specific continuous improvement program to achieve quality assurance goals.
C. If you use sources, include all in-text citations and references in APA format.
Note: Please save word-processing documents as *.rtf (Rich Text Format) or *.pdf (Portable Document Format) files.
Note: When bulleted points are present in the task prompt, the level of detail or support called for in the rubric refers to those bulleted points.
Note: For definitions of terms commonly used in the rubric, see the Rubric Terms web link included in the Evaluation Procedures section.
Note: When using sources to support ideas and elements in a paper or project, the submission MUST include APA formatted in-text citations with a corresponding reference list for any direct quotes or paraphrasing. It is not necessary to list sources that were consulted if they have not been quoted or paraphrased in the text of the paper or project.
Note: No more than a combined total of 30% of a submission can be directly quoted or closely paraphrased from sources, even if cited correctly. For tips on using APA style, please refer to the APA Handout web link included in the General Instructions section.
Evaluation Method
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RJCT Task 1
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Levels
Criteria Unsatisfactory
value: 0.00 Needs Revision
value: 1.00 Satisfactory
value: 2.00 Score/Level
Articulation of Response (clarity, organization, mechanics) The candidate provides unsatisfactory articulation of response. The candidate provides weak articulation of response. The candidate provides adequate articulation of response.
A. Documents The candidate provides 0–1 of the given documents from the simulation company. The candidate provides 2 of the given documents from the simulation company. The candidate provides 3 of the given documents from the simulation company.
B. Simulation Analysis The candidate does not provide a plausible analysis of the simulation results. The candidate provides a plausible analysis, with insufficient support, of the simulation results. The candidate provides a plausible analysis, with sufficient support, of the simulation results.
B1. Adequacy of Funds The candidate does not provide a logical evaluation of how budgets and pro-forma statements were utilized to ensure adequacy of funds for providing the production capacity needed to achieve business goals. The candidate provides a logical evaluation, with insufficient support, of how budgets and pro-forma statements were utilized to ensure adequacy of funds for providing the production capacity needed to achieve business goals. The candidate provides a logical evaluation, with sufficient support, of how budgets and pro-forma statements were utilized to ensure adequacy of funds for providing the production capacity needed to achieve business goals.
B2a. Just-In-Time The candidate does not provide a logical evaluation of how the just-in-time strategy was employed to improve operating efficiency. The candidate provides a logical evaluation, with insufficient detail, of how the just-in-time strategy was employed to improve operating efficiency. The candidate provides a logical evaluation, with sufficient detail, of how the just-in-time strategy was employed to improve operating efficiency.
B2b. Lean Operations The candidate does not provide a logical evaluation of how the lean operations strategy was employed to improve operating efficiency. The candidate provides a logical evaluation, with insufficient detail, of how the lean operations strategy was employed to improve operating efficiency. The candidate provides a logical evaluation, with sufficient detail, of how the lean operations strategy was employed to improve operating efficiency.
B3. Work Cells The candidate does not provide a plausible analysis of the applicability of works cells to the type of manufacturing facility included in the simulation. The candidate provides a plausible analysis, with insufficient support, of the applicability of works cells to the type of manufacturing facility included in the simulation. The candidate provides a plausible analysis, with sufficient support, of the applicability of works cells to the type of manufacturing facility included in the simulation.
B4. Inventory Management The candidate does not provide a logical evaluation of decisions involving inventory management. The candidate provides a logical evaluation, with insufficient support, of decisions involving inventory management. The candidate provides a logical evaluation, with sufficient support, of decisions involving inventory management.
B5. Continuous Improvement Program The candidate does not provide a logical explanation of how the need for a specific continuous improvement program could be met to achieve quality assurance goals. The candidate provides a logical explanation, with insufficient detail, of how the need for a specific continuous improvement program could be met to achieve quality assurance goals. The candidate provides a logical explanation, with sufficient detail, of how the need for a specific continuous improvement program could be met to achieve quality assurance goals.
C. Sources If the candidate uses sources, the candidate does not provide in-text citations and/or references for each source used. If the candidate uses sources, the candidate provides appropriate in-text citations and/or references with major deviations from APA style. If the candidate uses sources, the candidate provides appropriate in-text citations and/or references accurately or with only minor deviations from APA style, OR the candidate does not use sources.
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