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Technology
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| Number of pages / Number of words: |
3 / 717 |
Essay's paper body
$9.48 million)
Output is greater than flexible per rig (80% vs. 60%)
Steeper experience curve
Absence of product changeover Construction can delay launch (weeks or month)
Late changes to in the process were difficult to accommodate after specialized equipment was installed
High risk
Plant may become idle if regulatory process was delayed
Might have retrofitted ? costly re-designed or re-equipped
Build a flexible facility More adaptable
Reduce lead-time
Only 2 week change over (short)
Lower risk
Costly to build and operate
Installation of flexible equipment
Change-over b/w products is costly
More rigs needed
Increasing volumetric efficiency of existing plants (increase performance) Increase volumes without investing more capacity Increases the stress/pressure on operations (machines and employees)
Potentially increases the numbers of rejected lots
Building the manufacturing facilities at a much earlier stage Reduce the time to market High risks ? delayed/denied product approval, costly late changes in manufacturing process, less than optimal yields due to early process finalization
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$9.48 million)
Output is greater than flexible per rig (80% vs. 60%)
Steeper experience curve
Absence of product changeover Construction can delay launch (weeks or month)
Late changes to in the process were difficult to accommodate after specialized equipment was installed
High risk
Plant may become idle if regulatory process was delayed
Might have retrofitted ? costly re-designed or re-equipped
Build a flexible facility More adaptable
Reduce lead-time
Only 2 week change over (short)
Lower risk
Costly to build and operate
Installation of flexible equipment
Change-over b/w products is costly
More rigs needed
Increasing volumetric efficiency of existing plants (increase performance) Increase volumes without investing more capacity Increases the stress/pressure on operations (machines and employees)
Potentially increases the numbers of rejected lots
Building the manufacturing facilities at a much earlier stage Reduce the time to market High risks ? delayed/denied product approval, costly late changes in manufacturing process, less than optimal yields due to early process finalization
Essay fragment
General points of the essay
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Flexible Facility Decision Eli Lilly case study
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