You and your roommate are launching a calligraphy business out of your two-bedroom apartment. Will this business be profitable? That is the question students evaluate with “Creative Calligraphy Invitations (CCI).” CCI creates one-of-a-kind handwritten invitations, which are in high demand for weddings, holidays, parties, and corporate functions. Calligraphy requires special talent, but the company’s business operations are fairly simple. Students analyze CCI’s business operations to identify the bottleneck—the step that is the slowest or has the least capacity.
Creative Calligraphy Invitations: A Process Analysis
by: Izak Duenyas
Publication Date: November 20, 2009
Length: 4 pages
Product ID#: 1-428-837
Core Disciplines: Entrepreneurship & Innovation, Operations Management/Supply Chain, Strategy & Management, Sustainability
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Description
Teaching Objectives
After reading and discussing the material, students should:
- Understand how to map a value chain
- Identify bottlenecks and their effect on throughput rate
- Identify the critical path and its effect on flow time
- Recognize value-added activities
- Calculate the financial consequences of delays, especially the internal costs of delays and opportunity loss due to time-sensitive demand