Proposal: Profit Meets criteria, and Determines and explains the Determines and explains a mix of Does not determine and explain a 5.7 “Proficient” Potential explanation of mix clearly details optimal mix of two of the two products, but it is not the mix of two products the mix and the parameters that products from the case, given optimal mix or is not based on make the mix optimal for the analysis of costs and selling analysis of costs and selling price case, so that explanation could prices act as a recommendation for company improvement Proposal Inventory Meets criteria, and Determines inventory levels for Determines inventory levels for Does not determine inventory 5.7 “Proficient” Levels inventory levels identified for three products that would products, but levels would levels for three products the three products are logically potentially minimize costs while not minimize cost or do not balanced between production, considering production schedule consider production schedule sales, and cost considerations and sales projections and sales projections over time Proposal: Inventory Meets criteria, and Accurately discusses the Discusses the effectiveness and Does not discuss the 5.7 “Proficient” Management discussion considers specific and effectiveness and efficiency of efficiency of inventory effectiveness and efficiency of Evaluation relevant metrics that are inventory management management processes for three inventory management calculated from the information processes for three products products from the scenario, but processes for three products provided in the scenario from the scenario, considering with gaps in accuracy or lacking from the scenario key metrics used in logistics consideration of key metrics management used in logistics management Proposal: Planning Meets criteria, and Accurately calculates and Calculates and explains Does not calculate and explain 5.7 “Proficient” for Inventories explanation is qualified with a explains not-in-stock (NIS) rates (NIS) rates, but not not-in-stock (NIS) rates for all larger-context discussion about based on given production and accurately based on given three products the risks and benefits of NIS demand schedules for three production and demand rates and total lost sales that products schedules for three products may occur Proposal: criteria, and Accurately calculates JIT Calculates JIT inventory needs Does not calculate JIT inventory 5.7 “Proficient” Inventory calculation is of a quality to inventory needs for a segment for a segment of the production needs for a segment of the account for risks and of the production line for one line for one day, but used production line for one day unexpected changes day, based on provided incorrect technique, provided information incorrect answer, or used incorrect information from scenario
Proposal: Profit Potential Meets “Proficient” criteria, and explanation of mix clearly details the mix and the parameters that make the mix optimal for the case, so that explanation could act as a recommendation for company improvement Determines and explains the optimal mix of two of the products from the case, given analysis of costs and selling prices Determines and explains a mix of two products, but it is not the optimal mix or is not based on analysis of costs and selling price Does not determine and explain a mix of two products 5.7 Proposal Inventory Levels Meets “Proficient” criteria, and inventory levels identified for the three products are logically balanced between production, sales, and cost considerations over time Determines inventory levels for three products that would potentially minimize costs while considering production schedule and sales projections Determines inventory levels for products, but levels would not minimize cost or do not consider production schedule and sales projections Does not determine inventory levels for three products 5.7 Proposal: Inventory Management Evaluation Meets “Proficient” criteria, and discussion considers specific and relevant metrics that are calculated from the information provided in the scenario Accurately discusses the effectiveness and efficiency of inventory management processes for three products from the scenario, considering key metrics used in logistics management Discusses the effectiveness and efficiency of inventory management processes for three products from the scenario, but with gaps in accuracy or lacking consideration of key metrics used in logistics management Does not discuss the effectiveness and efficiency of inventory management processes for three products from the scenario 5.7 Proposal: Planning for Inventories Meets “Proficient” criteria, and explanation is qualified with a larger-context discussion about the risks and benefits of NIS rates and total lost sales that may occur Accurately calculates and explains not-in-stock (NIS) rates based on given production and demand schedules for three products Calculates and explains (NIS) rates, but not accurately based on given production and demand schedules for three products Does not calculate and explain not-in-stock (NIS) rates for all three products 5.7 Proposal: Inventory “Proficient” criteria, and calculation is of a quality to account for risks and unexpected changes Accurately calculates JIT inventory needs for a segment of the production line for one day, based on provided information Calculates JIT inventory needs for a segment of the production line for one day, but used incorrect technique, provided incorrect answer, or used incorrect information from scenario Does not calculate JIT inventory needs for a segment of the production line for one day 5.7
20170620223416qso_322_final_project_guidelines_and_rubric__1_.docx