you are supposed to do the executive summary of the report and the inventory management part. The product chosen is self cleaning water bottle. Please view the attached file for more details and...

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you are supposed to do the executive summary of the report and the inventory management part. The product chosen is self cleaning water bottle. Please view the attached file for more details and rubric.
Operations Management Assessment task 3, 50% Marks, Due date: TBAOperations Management Assessment Task 2RMIT Classification: TrustedOMGT 1039 Assessment task 2Assignment type: Business report, Group Assignment, Four to Five students Due Date: 16th of May 2022 at 23:59pm Melbourne timeWord count: 4000 words +/- 5%. excluding Executive summary, Table of content, Reference list, Appendix and Coversheet.Learning Outcomes: CLO1, CLO3, CLO4, CLO5Weighting: 30%Feedback mode: Written feedback provided together with the assessed work. Task: Develop a new product/service and develop a comprehensive plan for the operation process.You are required to:· Develop a new product/service within the following sectors: furniture, food & beverage, electronic device, fashion, entertainment, tourism and hospitality. You should first critically review the processes needed to develop a new product by identifying the customer needs, defining the appropriate level of product/service quality, and considering the other perspectives, i.e., liability issues, ethical considerations, sustainability issues, costs and profits. Apply Kano model to classify the quality of your product/service. Then develop the house of quality for your product/service with clear explanation.· Define the bill of material and develop the MRP for your product/service. You should research and collect necessary data if needed, from the real suppliers for your calculations. This is your product/service, so feel free to make assumptions of data like the number of products should be planned each month or lot size. · Define the inventory ordering policies for all components in the bill of material. Search for the real suppliers of your component and estimate necessary data like lead time for your calculation. Cover the issues of order size, reordering point, safety stock. Try to be realistic when assuming the data for your calculation.· Investigate the biggest challenge and discuss directions that relate to operations management of your product/service to effectively and efficiently manage it.Example:Your group plan to open a bottling plant and sell water bottles to RMIT students. After the product design stage, you decide to sell the water bottles which are cheaper than other brands in the market like Mount Franklin or Pump with funny design that attracts young people. The bill of material includes water, labels and plastic bottle and you forecast that the demand is 10,000 bottles per month. You then search for cheap suppliers of those components, obtain the data and start the plan for MRP and inventory management. How should your product design and/or production plan and/or inventory management policies be adapted to deal with this challenge?Marking Criteria: · Product/Service design (20%): comprehensive understanding of product/service design theories and ability to apply it in manufacturing/service sectors. Show Kano model and house of quality. · Material requirements planning (20%): Describe the inputs, outputs, and nature of MRP processing, explain how requirements in a master production schedule are translated into material requirements and perform quantitative and/or qualitative analysis of MRP in real contexts.· Inventory management (20%): The comprehensiveness of the data collection required for inventory management and the quality of quantitative and/or qualitative analysis based on the collected data.· Recommendation/Discussion (20%): Investigate the challenge and discuss directions that relate to operations management of your product/service to effectively and efficiently manage it. · The overall presentation of the assignment (20%): Clarity of presentation and the sequence of the topics, Executive Summary, Introduction, Table of content, List of Figures/ Tables, Conclusions, Citation (Harvard style), Page numbering, Cover sheet, Appendix (if any), Compliance with the word limit and Quality of references. Submission Instructions: One submission per group is enough, following the steps below:1. Download and complete the Assignment Cover Page template (See the assignment folder on Canvas) and attach it to your report. The cover page should appear on page 1 of your report. 2. Add the summary of your teamwork to the Assignment Cover Page file:Teamwork commitment formTeam member’s nameBriefly explain about your commitment to the group project? (max 50 words for a member)Team member’s signature1. Prepare the written report in MS Word.2. Upload the report to Turnitin in one file which contains a. cover page b. report, and c. teamwork commitment form)Other important Information· Choose a name for your group. This name will be used for all references and communication.· Stick with word limit. Words beyond limit will not be considered. · One submission per group is enough. All Submissions must be made through Canvas.· The assessed assignments will be returned to students within two weeks of the due date.· Group assignments which are done individually will not be accepted. Please make sure you join a group by the end of week 4.· Every member of the group should equally contribute towards the completion of the assignment. If you have any concern about the level of contribution by members in your group, then it is imperative to speak to your tutor well in advance. Do not leave it to the week before the due date as it would be difficult for the tutor to help you out.  Support ResourcesAdditional library and learning resources are available to help with the assessment in this courseLink to Assignment Support.Late work: All assignments will be marked as if submitted on time. Late submissions of assignments without special consideration or extension will be automatically penalised at a rate of 10% of the total marks available per day (or part of a day) late. For example, if an assignment is worth 20 marks and it is submitted 1 day late, a penalty of 10% or 2 marks will apply. This will be deducted from the assessed mark. Assignments will not be accepted if more than five days late, unless special consideration or an extension of time has been approved. Extensions and Special Consideration · If your assessment preparation has been impeded by unforeseen circumstances (such as illness, injury, unexpected work commitments or carer responsibilities) you may be eligible for an extension.  · Requests for extensions must be emailed to the course coordinator at [email protected]· at least one working day before the assessment deadline using the extension request form (available from the RMIT Extensions website – see link below). · If you are seeking an extension on or after an assessment due date, or you require an extension of more than 7 days, you must apply for special consideration. This is a confidential process.  · Please see the RMIT extensions website for details regarding grounds for extensions and special consideration and the required supporting documentation.  < the end of the document>1 | Page
Answered Same DayJun 02, 2022

Answer To: you are supposed to do the executive summary of the report and the inventory management part. The...

Dr Shweta answered on Jun 02 2022
20 Votes
Project: Production of Self-cleaning water bottles – In the cu
ent proposed project we plan to open a bottling plant and try to manufacture and sell the self-cleaning water bottles. Our aim is to select a suitable easy to clean design with low cost input in its production so that we can sell our water bottles at a cheaper rate as compared to
the water bottles of other
ands in the market like Mount Franklin or Pump which have funky design to attract young people and once achieved success scale up our work to local markets as well. In this project we opens a self -clean bottle manufacturing plant that forms the disposable bottles and input all the necessary things like UV filters, silicon O rings and caps in them for proper sterilization and sealing. We plan our funds according to the bill of included materials like water, labels and plastic bottle manufacturing materials etc. considering the demand is 10,000 bottles per month.
The complete data regarding why we are doing this project along with its existing market players, our project design strategy, raw materials needed, price details and marketing strategy are discussed as below:
Water is utmost essential for our survival and so is the availability of drinking water. But just the availability of water is not sufficient in fact it should be clean, pure and free from all types of pathogenic micro-organisms to avoid any infections or diseases. For the purification of water different strategies like sedimentation of impurities, boiling, activated charcoal treatment and reverse osmosis are available. But these processes are not handy and you have to do a proper set up for purifying water with these methods. But in the cu
ent scenario where people are always in rush and moves from one place to another for their work or for recreational purpose like hiking, trekking etc. At that time they need to be hydrated for giving their best and hence they use to ca
y their own water bottles with them. Simple water bottles only store their water but in the present situation where new and hazardous microbes are emerging day by day the presence of self-cleaning water bottle is miraculous. As, it provides them the pure and hygienic water and keeps them healthy and strong. Self-cleaning bottles have auto clean function due to their in-built ultra-violet technology which helps in deactivation of all the pathogenic microbes just by pressing their activator button. These bottles employ UV-C light to kill all forms of microorganisms by destroying their DNA and protect them from all the water borne infections.
Cu
ently existing self-cleaning water bottles –The need of portable water purification self-cleaning bottles market in Asian countries is growing at a significant rate among all kinds of people, all ages, and income groups. These bottles are safe and effective method for disinfecting water as reported by Environmental Protection Agencies as well. Therefore, cu
ently many self-cleaning water bottles are there in the global market that can neutralizes around 99% of bacteria with the help of ultra-violet technology and can clean pollutants like cadmium, mercury, chlorine etc. Their UV system automatically activates after every 2 hours and keeps the water and the bottle stink-free. Their filters are durable and can filter approximately 50 gallons of water.
1. LARQ bottles- launched by the Californian Company Larq in 2018.By selling these...
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