Operations Management Assignment Example | Topics and Well Written Essays - 2000 words - 2

Operations Management - Assignment Examplesimulation of guard duty engineering, training, education motion, video gaming and technology for the purposes of optimizing performance. To study simulation models computer experiments are employ. At advanced level simulation is used with scientific clay sculpture of human systems and natural systems to enable researchers to gain full insight of these human and other natural systems. In addition, simulation can be used to evidence the eventual real effects of some alternative courses and conditions of action. This effect process is also used where real systems are non applicable since they are not accessible or they are not acceptable to be used (Greasley, 2004) There are several softwares that are used in simulation process as an operation process in companies and other institutions. These softwares are classified into two major categories open inception software and proprietary software. Open source software include ASCEND, DWSIM, Sage and GNU Octave. The proprietary softwares include Arena software, AMESIM and APmonitor (Buckley, 2005) In this report the simulation software used to carry out the operation analysis of the discrete-event model is the Arena software. Arena is a discrete event automation and simulation software that was developed by Systems Modeling and was acquired by Rockwell automation in the Year 2000. This software uses the SIMAN processor and simulation language. In this software the user must build an experiment model through placing models that show the logical system or processes. Lines are used to join or connect these modules together, as well as, showing the flow of different entities. The modules have specific actions compared to flow, entities and timing. The precise government agency of these modules and entities relative to real life objects depends on the decision of the modeler. Using this software statistical data like work in progress and cycle cartridge clip levels are ou tputted and recorded as reports. This software is integrated with Microsoft technologies such as visual basic for applications for further automation in cases where specific algorithms are requisite (Altiok & Melamed, 2007). The software also supports importation of Microsoft Visio flowcharts. Moreover, the software allows outputting to or reading from excel spreadsheets, as well as, access databases. Problem description The problems that the Arena software is used to solve in this report are problems of determining the breakeven point, total cost incurred before breakeven point, the profit earned by the order at a abandoned units of product interchange of a given company and also the determination of point of indifference in production. This report uses two case studies that are examine using the Arena software. In the first case the company is considering to add a new line of production, which requires leasing new equipment for a monthly payment of ?6,000. The companys variab le costs would be ?2 per unit and they would sell for ?7 each. The companys management needs to determine the number of units need to be sold in order to break-even. Secondly, the company would like to determine the profit or loss it will make if 1,000 units are made and sold in a month. Thirdly, the company needs to roll in the hay the number of pies it requires to sell in order to realize a profit of ?4,000. Finally, the company would like to know if it sells 2,000 units, and the profit target is ?5,000, then what price it should