9 Step Problem-Solving Model - Riordan Manufacturing Free Essay, Term Paper and Book Report
Running head: PROBLEM SOLUTION: RIORDAN MANUFACTURING
Problem Solution: Riordan Manufacturing
Problem Solution: Riordan Manufacturing
The objective of this paper is to demonstrate a systematic approach using the 9-step Problem-Solving Model to provide Riordan Manufacturing with real solutions to their challenges. The paper identifies opportunities and issues, defines the problem, and develops a set of alternative solutions. Finally, the paper suggests the best alternative to implement in order for Riordan Manufacturing to be the global industry leader in plastics production.
Situation Analysis
Wholly owned by Riordan Industries, Riordan Manufacturing is the industry leader in plastics production with projected annual earning of $46 million. The companys major customers include the Department of Defense, automotive parts manufacturers and beverage makers and bottlers. Recently, the company has changed its manufacturing and marketing processes resulting in declining sales and uneven profits over the past two years.
In response to declining profits, Rior......
Word Count: 7176
Page Count: 28.7 (250 words a page / double spaced)
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