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Pages:
5 pages/≈1375 words
Sources:
5 Sources
Style:
APA
Subject:
Management
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 21.6
Topic:

Importance of Control Function and Lacks Tracks in a Manufacturing Business

Essay Instructions:

Purpose
In this project, you will understand the importance of the control function in a manufacturing business. You will compare actual performance with desired production standards, measure progress toward company goals, and address deviations in performance through corrective action.
Outcome Met by Completing This Assignment
• Develop measures and assess outcomes against plans and standards to improve organizational effectiveness.
How to Set Up the Paper
• Create a Word or Rich Text Format (RTF) document that is double-spaced using 12-point font. The final product will be 5 pages in length, excluding the title and reference pages.
• Create a title page with a title, date, course number and section, your name, and the instructor's name.
Scenario
The following chart displays the results of the first year’s production of the, Lacks Tracks Cycles, an electric-powered chopper-style motorcycle produced by Lacks Tracks Cycles to compete with Harley-Davidson's Electra Glide. The metrics table below was created from data supplied by Lacks Tracks Cycles five (5) plants. The purpose of the table is to provide data for management to decide what controls and actions are needed to increase production efficiency.
You recently joined the Lacks Tracks Cycles' headquarters staff as a quality assurance associate. Your manager has requested you to analyze the first year's motorcycle production results. This information will be used by management to evaluate and improve overall production efficiency.
Lacks Tracks Cycles is known for producing high-quality products at reasonable prices. They plan to compete against Harley's top-end model by developing superior production efficiency that will allow them to price significantly below Harley Davidson's Electra Glide model.
The chart below lists the desired production standards and the actual production metrics for each stage of the electric motorcycle's manufacturing process that must be completed to determine the overall production efficiency at each of Lacks Tracks Cycles' five (5) production facilities.
A comparison of the production standard to the actual production outcomes using all the relevant metrics allows management to determine which of its facilities is the most efficient producer of the electric motorcycle. This knowledge will help Lacks Tracks Cycles' management team to determine what controls need to be put into place at their various production plants to match the production efficiency of their most efficient plant. More efficiency means higher production at lower per unit (cycle) costs.
Metrics Standard Maryland Delaware New Jersey Texas Alaska
Total Cost to Manufacture (per unit) 13,500 15,250 14,100 12,750 16,000 14,250
Manufacturing Cycle Time (time to complete a 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 Downtime 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 45,000 43,000 27,000 42,500 48,000 45,500
Utilization Rate (Capacity rate facility is utilizing during available production time) 81.82% 78.18% 49.09% 77.27% 87.27% 82.73%
Use only the BOLDED centered and left-justified headings to write your paper.
Introduction
• Write an Introduction paragraph. The introduction paragraph is the first paragraph of the paper and will describe to the reader the intent of the paper, explaining the main points covered in the paper. This intent should be understood before reading the remainder of the paper so the reader knows exactly what is being covered in the paper. The introduction is often written after the paper is completed. (Use in-text citations, as needed, and include the references in the Reference section.)
The body of the paper will cover the following:
Controls
• Explain what control means in a business setting. (Use headings below and in-text citations as required.)
• Explain why Lacks Tracks must be concerned with the actual production metrics at its plants. (Use headings below and in-text citations as required.)
Control Defined
Importance of Lacks Tracks Production Metrics
Standard Specifications
• Compare the metrics table standards to the actual performance outcomes at each of the five (5) plants and explain your findings for each plant. (Use headings below and in-text citations, as appropriate.)
• Identify the four (4) most important and common deviations from the standards among the plants and explain why this data is important to Lacks Tracks management. (Use headings below and in-text citations, as appropriate.)
• Using course materials, identify and explain two (2) types of controls that could be used by Lacks Tracks management to attempt to correct the deviations from standards at its plants. (Use headings below and in-text citations, as appropriate.)
Metrics Table Plant Performance Comparisons
Four Most Significant Deviations
Two Recommended Controls
Total Quality Management
• Explain why implementing a Total Quality Management (TQM) program could improve operational efficiency at Lacks Tracks. (Use in-text citations, as appropriate.)
Conclusion
Create a concluding paragraph. The conclusion paragraph highlights the major findings covered in the paper. (Use in-text citations, as appropriate.)
References
Review the Paper
Read the paper to ensure all required elements are present.
The following are specific requirements that you will follow. Use the checklist to mark off that you have followed each specific requirement.
Checklist Specific Project Requirements
Proofread your paper.
Read and use the grading rubric while completing the paper to ensure all requirements are met to lead to the highest possible grade.
Third-person writing is required. Third-person means that there are no words such as “I, me, my, we, or us” (first-person writing), nor is there use of “you or your” (second-person writing). If uncertain how to write in the third person, view this link: http://www(dot)quickanddirtytips(dot)com/education/grammar/first-second-and-third-person.
Contractions are not used in business writing, so do not use them.
Paraphrase and do not use direct quotations. Paraphrase means you do not use more than four consecutive words from a source document. Removing quotation marks and citing is inappropriate. Instead, put a passage from a source document into your own words and attribute the passage to the source document. There should be no passages with quotation marks. Using more than four consecutive words from a source document would require direct quotation marks. Changing words from a passage does not exclude the passage from having quotation marks. If more than four consecutive words are used from source documents, this material will not be included in the grade.
You are expected to use the research course materials to develop the basis for your analysis and support your reasoning. There should be a robust use of the course material. The material used from a source document must be cited and referenced. A reference can only be included in your Reference list if used for an in-text citation.
Use in-text citations and provide a reference list that contains the reference associated with each in-text citation.
You may not use books in completing this problem set unless they are part of the course material. Also, you cannot use as references a dictionary, Wikipedia, Investopedia, or similar sources.
Provide the page or paragraph number in every in-text citation. Since the eBook does not have page numbers, you must include the chapter title, section heading, and paragraph number.
For citations using a video, you must provide the minutes and second of the cited material.

Essay Sample Content Preview:

Controlling
Student Name
Class Name
Professor Name
Date
Introduction
Lacks Tracks Cycles has introduced electric-powered motorcycles, which compete with Harley-Davidson’s electric motorcycles. The company has previously produced products at affordable prices for effective planning, organizing, leading, and controlling to achieve long-term strategic goals. The report discusses the controlling function of analyzing and comparing production standard metrics to actual production metrics for five production plants. In addition, the report identifies derivations in standards and remedies to control variances from established standards. It will ultimately increase production efficiencies and devise corrective measures to attain organizational goals.
Controls
Controls Defined
Controlling is a management process that keeps management apprised of what is happening in the organization. The control function deals with what is working and what is not to achieve goals and avoid mistakes in the future (Esmaeili, 2015, p.121). There are different types of administrative control, and top-down control is preferred for the business. The top-down approach believes in making high-level decisions where the information is passed from top organizations to low employees. The control process is based on setting performance standards, analyzing actual performance, comparing performance, setting deviations, and taking corrective measures (Chebukina et al., p. 445). Performance standards-setting is beneficial in increasing production and reducing costs; hence, goals need to be realistic and clear.
Importance of Lacks Tracks Production Metrics
Lacks Tracks Cycles has a firm brand name in the motorcycle industry. The company aims to expand the business with electric power motorcycles to be a competitor of Harley-Davidson. For one year, the company has been in the industry where the performance measurement is made against the performance standards set in a strategic goal. In addition, the production metrics provide feedback where necessary steps are taken to correct the production processes (Bedenik, 2015, p. 156). As a result, Lacks Tracks Cycles strengthens its reputation and produces quality products at an affordable cost to maintain customer satisfaction.
Standard Specifications
The company needs to set a standard for all five plants located in Maryland, Delaware, New Jersey, Texas, and Alaska. The metrics for these facilities are compared to the standards metric of Lacks Tracks Cycles and explained below:
Metrics Table Plant Performance Comparisons
Total Cost to Manufacture
The performance standard of the business is $13,500 as a total cost to manufacture. Only New Jersey has reduced the cost to $12,750 per unit. On the other hand, other plants have high manufacturing costs. For example, the manufacturing cost of Texas is $16,000. It has impacted the profit margin badly due to the high production cost per unit. Therefore, corrective actions must be taken for plants with high manufacturing costs.
Manufacturing Cycle Time
The cycle indicates how many hours are required to manufacture an electric motorcycle (Galic et al., 2020, p. 769). The set standard is 15 hours per unit. New Jersey and Texas have achiev...
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