Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Precise Molded Products - Case Study Example

Comments (0) Cite this document
I chose Alternative 2 as the best alternative based from the criteria and the pros and cons. Having the whole quality department undergo a new training will definitely help them improve their performances in ensuring quality in the company. Through this training, Bob will be able to refresh what he had learned in the university and function well as the quality manager…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.7% of users find it useful
Precise Molded Products
Read TextPreview

Extract of sample "Precise Molded Products"

Download file to see previous pages Also, the company may spend some money on the trainings and additional working hours for the whole department but the results will benefit the company in the long run. It is better to invest on human capital today and have the long-term benefits than save money today and continuously incur losses because of the rejects in the future.
The top management will hold a meeting and talk to the members of the quality department and ask them about their problems and concerns about their department, the products, and the company as a whole. After evaluating the problems encountered in the department, professional trainees will hold the training.
The training will include team buildings to improve the employees' relationship with each other so that conflicts and communication barriers will be prevented. Second, TQM training will be done because it is now widely used to ensure quality in all aspects of the company. Total Quality Management is also capable of eliminating defects and errors in operations (Stark, 1998).
Six Sigma will also be included in the training. This is now a popular trend in management where data-intensive methodology is used to eliminate defects in the company's production ("Six Sigma"). This will help Bob Thomas in lessening the production rejects of the company using systematical approaches.

Six Sig ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Precise Molded Products Case Study Example | Topics and Well Written Essays - 750 words”, n.d.)
Precise Molded Products Case Study Example | Topics and Well Written Essays - 750 words. Retrieved from
(Precise Molded Products Case Study Example | Topics and Well Written Essays - 750 Words)
Precise Molded Products Case Study Example | Topics and Well Written Essays - 750 Words.
“Precise Molded Products Case Study Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Precise Molded Products

Precise Software

...?Introduction Precise is at the crossroads of making a decision of weather to launch their new innovative product at Oracle OpenWord 2000 while it isstill in its early stages or wait until the next year. There is risk and reward in both the scenarios. If they chose to launch their new innovative product there is risk of failing to prepare it in time. This might lead to consumer losing trust in the product or its functionality at an early stage which will make their job of regaining their customer’s loyalty way more difficult. Another issue related to the first decision is that the targeted customers may not recognize the actual need of purchasing the new product and therefore pay much more on it. If they do not launch the product...
2 Pages(500 words)Essay

American products vs foreign products

...?American products vs foreign products Introduction: In the contemporary age, America stands first in the list of advanced and developed economies. This paper draws a comparison between cars and eatables made in America and in other parts of the world. Cars: About 63 million light trucks and cars were produced in 2005 all over the world. of these, 11524000 were produced by America, 5543000 were produced by Germany, and 10064000 were produced by Japan (Tarlo, 2006). It may come as a surprise to many but it is true that a lot of vehicles made in America are designated like “foreign” whereas a lot of vehicles produced in Canada or Mexico are considered “domestic”. This can fundamentally be attributed to the requirement of the federal...
2 Pages(500 words)Essay

Precise Software Solutions Case Study

...?Executive Summary Precise Software Solutions has plans to launch a new product called Insight, which can assess and manage the entire IT infrastructure of organization. Any newly launched products including Insight can be successful, only if they are launched after all its functionalities have been developed and tested. However, that does not seems to be the case with Insight. At the same time, the issue of timing is also important because, if Insight is launched at Oracle Open World 2000, it can get good visibility and initial acceptability, and fight off the competition. However, Precise will not be able to launch in 2000, because it does not have the human resources capabilities including technical personnel and sales team to develop...
7 Pages(1750 words)Case Study

Compression Molded Tires

As the paper declares there are many parameters considered in the design of tires to consider them as high quality. Tires are designed with tread, beads and sidewalls. Treads are the patterned and molded surfaces that come in contact with the road surface. The body and sidewalls gives the shape of the tire and the rubber covered beads embedded with metals and wires holds the wheel tires. The tread depth is the parameter that shows the wear and tear of the tire. It can be measured through the difference of the top of the rubber tread with the bottom of the deepest grooves of the tire. The tread wear percentage is calculated for the remaining usability of the entire tire.
According to the report findings the maximum load for th...
6 Pages(1500 words)Assignment

Marketing Products

...? Marketing Products Product Discussion and Its Primary Characteristics Trendy Fashionista is a young and a fashion oriented company. It is primarily based in the United States. As the name suggests, the company favors fashion to a very large extent and strives to reflect the essence of fashion in almost every product that it manufactures. The company presently is looking forward to cater to the fast moving young individuals who are always in a hurry and ponder for special luggage bag that is light in weight, attractive yet comfortable to carry. The company intends for producing a luggage bags because it will be new concept for the company as the company will be producing it for the first time. The company will produce bags...
4 Pages(1000 words)Essay

Marketing Products

...?Market Products of the Table of Contents Table of Contents 2 Product Evaluation & Characteristics 3 (2) Service Componentof Fizzy Cola 4 (3) Product Mix of Fizzy Cola 5 (4) Changing Marketing Dynamics 5 5) Support of Marketing Plan 6 References 8 (1)Product Evaluation & Characteristics Initially, Fizzy Cola would be sold in cola and varied other flavors on a larger scale in USA and UK markets. The beverages would be available in bottle sizes of 8oz, 12 oz, 16 oz, and 20 oz. The cola beverages would be available in medium and large sized plastic bottles in USA and UK for convenience purposes of the individual customers. The beverages manufactured for the corporate customers would be available in can sizes of 8oz, 12 oz, 16 oz, and 20 oz...
4 Pages(1000 words)Assignment

Failed Products

...?Failed Products from Coke, Heinz and McDonald’s There are several reasons why products do not become a hit with consumers. Even the big s of thecompanies that create them do not help boost the performance of the product in the market. This paper will present three failed products and the possible reasons their stars never shone. One of the most notable failed products is the Arch Deluxe from fast-food icon McDonald’s. Despite millions spent on marketing, the hamburger aimed for the chain’s adult costumers did not receive a hearty welcome from patrons. In fact, the customers were displeased about McDonald’s new venture. The new burger was supposedly customized to appeal to the grown-up palate. One could say that the failure was probably...
3 Pages(750 words)Essay

Precise Molded Products

... a popular trend in management where data-intensive methodology is used to eliminate defects in the company’s production (“Six Sigma”). This will help Bob Thomas in lessening the production rejects of the company using systematical approaches. References Six Sigma. (2008). Free Management Library. Retrieved November 23, 2008, from Sower, V.E. (2003). Precise Molded Products Inc. case study. Stark, J. (1998). A few words about TQM. John Stark Associates. Retrieved November 23, 2008, from Precise Molded Products Case Study I. Problem Statement How can Precise...
2 Pages(500 words)Essay

Precise Molded Products, Inc

...Precise Molded Products, Inc of Introduction According to Sower (2003), quality can be too expensive that it needs to be checked out regularly. As organizations seek to improve the quality of their products, they might encounter challenges that may even cancel their quality advantage. Looking closely at the case of Precise Molded Products Company, one can conclude that a wonderful job is done by the technicians considering the amount of work done within one hour. In fact, the technical work in this whole case study is the measurement part, which is comparatively done well because only a few products are rejected as a result of length (Sower, 2003). This implies that, the staff might be concerned more with the technical part of production...
2 Pages(500 words)Case Study

Counterfeit products

... COUNTERFEIT PRODUCTS Introduction The world is growing every day with the demand of everyone also increasing. This demand has often created a lot of issues. The world of business has often woken up to some saddening news bulletin that many a times have left the mouths of many wide open. There is the growing concern of every that many imitational products have fields the markets. This is therefore considered one of the greatest challenges of both local and international business. Counterfeit products and the health There is growth in the counterfeit products production with many second and third world countries becoming the main target of these illegal products. Millions of dollars have been earned in revenue by those involved in this kind...
5 Pages(1250 words)Term Paper

Chilled Vehicles and Special Care of Products

Hiring another company or the third party to man the operations of the fleet of vehicles can put the company down. That would be like dealing with new employees who are not really working for the company, and who do not know our products. It will also be tantamount to revealing the secrets of our products and company that we have treasured all through the years. The best option is to work on the fleet of vehicles and get the right people to handle the operations. 
There are doubts as to the exact number of vehicles we have to purchase since these are all plans and some hypotheses. But we tried to scale down our output, made some estimates and inside surveys, and come out to some numbers, which were reached by calculating...
8 Pages(2000 words)Assignment

Factors Influencing the Consumption of Health Supplement Products among Those Concerned with Slimness

...An exploratory study of factors influencing the consumption of health supplement products among those concerned with skin and slimness: a case study of Thai consumers 1. Introduction Background to the study This researcher was influenced by the existence of a clearer growth pattern of the consumption of health supplement products by those consumers concerned with skin and slimness in Thailand. An increasing number of Thais have been consuming health supplement products such as concentrated vitamins, minerals and oils in the dubious hope of improving the skin glow and becoming slim with little or no attention paid to the health-related outcomes. This aspect of health consciousness needs an in-depth analysis to delineate...
6 Pages(1500 words)Research Paper

Private Label Products

...Research Proposal 1.0 Project Area Private Label products are reportedly gaining grounds over national and manufacturer’s brands over the last years and especially during the latest economic crisis that has inevitably influenced consumer spending and consumer behaviour patterns. Today consumers are more oriented towards increasing their consumption basket by maintaining relatively stable their overall spending amounts (Baltas, 2005). With special regards to the grocery sector, private labels are receiving great attention on the part of retailers and supermarket or discount stores. According to Kwon et al. (2008) the vast majority of private labels are to be found in the grocery retailing market; in details as much as 80% of the total own...
8 Pages(2000 words)Research Paper

(Business Report Not an Essay) Exporting products to China: Understanding the cultural environment for Chinese biscuit consumers

...Exporting products to China: Understanding the cultural environment for Chinese biscuit consumers Table of Contents Part Business Report Proposal 3 Introduction 3 Outline and action Plan 3 Reference 5 Part 1- Business Report Proposal Introduction The Chinese market is characterized by intense competition with more and more players entering the market constantly. This has been primarily due to the stimulation of the western life style and increase in the consumption of imported biscuits in the Chinese market. A wide variety of biscuits with diverse flavors have occupied the store shelves, such as the different styles of cookies, biscuits cereal bars etc. In this context, marketing strategies, product innovation, extensive distribution...
8 Pages(2000 words)Essay

Comparing Products: Xbox Versus Playstation

...XBox versus Playstation In the current world, people are finding an increased need to be entertained and relaxed. This has called for people and companies to come up with games that shall serve the relaxation that most people are yearning for. The X-box and Play station are examples of these games that have become very common and mostly used in the world today. The availability of these games in the market have provided people with the opportunity to make a choice between the two depending on an individual’s tastes and preferences. Naturally, people shall have different opinions as to which one of the two is better that the other and why (Plunkett, 2009). This paper shall compare XBox and Playstation and attempt to make out... versus...
6 Pages(1500 words)Case Study

Animals Should Be Used to Test the Safety of Products

... Animals should be used to test the safety of products Each year, a considerably large number of animals undergo tests aimed at evaluating the toxicity of various products along with their ingredients on humans. These animals primarily include rabbits, guinea pigs, mice and rats where they are made to ingest or inhale substantial quantities of test substances or go through the pain of a chemical eating away at their sensitive eyes and skins. The problem with this testing is that more often than not the animal tests are undependable or not applicable to humans making the entire process pointless and plainly cruel on the animals. This is what has made animal experimentation controversial where animals have been used not only for product...
6 Pages(1500 words)Term Paper

Successful Products and Strategies of Apple Company

...Rough Draft Apple Company Summary Apple Company is one of the companies that succeeded in their marketing strategy,which catapulted them to greater heights. Apple introduced new technology that was user friendly and very interactive. They also set the price and the expectations level high due to the marketability of their products. Apple became front runner in customer appeal as people waited in line overnight to buy the new phone because of the differentiation that the company introduced in the mobile phone industry. Unlike any other mobile phone or Smartphone at that time, but like some of the other Apple products were already popular thus enhancing its sale high customer loyalty. Graphics-intensive user interface and intuitive menus...
7 Pages(1750 words)Case Study

Purchasing National Products

...Why Purchasing National Products is Important for Our Country’s Economy Over the last few decades many economists have championed free trade. They claim that only by removing restrictions on trade (such as tariffs) goods and money can flow freely around the world and global markets develop without inhibition. But it is widely known that when the money flows from the country it loses its wealth and job places. That’s why it is crucial to buy goods produced by your own country to support its economy and increase the level of prosperity. In order to make people buy national products it is important to explain the economical origins that lead to the conclusion that purchasing domestic goods is the best way to develop national economy. Ever...
8 Pages(2000 words)Assignment

US Military Safe Disposal of Waste Products

... Introduction The process of product development and utilization results in establishment of waste output. The ification of such output is subjected to various aspects of arguments. Development of products only focuses on the output that is useful in the meeting of the considered interests. Most of the non-useful materials are considered off the usage capacity of the involved products. Such observations render them out of usage in the respective process of production and consumption. There exist numerous aspects upon which they can be subjected into better forms of usage or disposal. However, the decision on adopting such measures of safety remains best vested with the ability of the involved institutions and the subsequent implication...
10 Pages(2500 words)Research Paper

Can Islamic Financial Products Be Applied as Main Products in the UK

...Can Islamic Finance ever become a mainstream product in the UK? Abstract Islamic banking has gained increasing popularity in recent times because it has not been affected by the recent financial crash. Islamic banks have been demonstrating growth and exist side by side with U.K. banks. Islamic financial institutions are bound by Sharia law, which forbids the collection of interest, or engaging in speculative activities. This study examines whether Islamic financial products can be applied as mainstream products in the U.K. Can Islamic Finance ever become a mainstream product in the U.K. Introduction: The emergence of the capitalist system that focuses on the acquisition of individual profits has been long supported as the best...
10 Pages(2500 words)Term Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Precise Molded Products for FREE!

Contact Us