L. P. Manning Corporation In March 1991, the marketing division of the L. P. Manning Corporation performed a national survey to test the public’s reaction to a new type of toaster. Manning had achieved success in the past and established itself as a leader in the home appliance industry. Although the new toaster was just an idea, the public responded favorably. In April of the same year, the vice presidents for planning, marketing, engineering and manufacturing all met to formulate plans for the development and ultimately the production of the new toaster. Marketing asserted that the manufacturing cost must remain below $70 per unit or else Manning Corporation would not be competitive. Based on the specifications drawn up in the meeting, manufacturing assumed marketing that this cost could be met. The engineering division was given six months to develop the product. Manning’s executives were eager to introduce the product for the Christmas rush. This might give them an early foothold on a strong market share. During the Research and Development (R&D) phase, marketing continually “pestered” engineering with new designs and changes in specification that would make the new product easier to market. The ultimate result was a one-month slip in the schedule. Pushing the schedule to the right greatly displeased manufacturing personnel. According to the vice president for manufacturing, speaking to the marketing manager: “I’ve just received the final specifications and designs from engineering. This is not what we agreed to last March. These changes will cause us to lose at least one additional month to change our manufacturing planning. And because we’re already one month behind, I don’t see any way that we could reschedule our Christmas production facilities to accommodate this new product. Our POSTGRADUATE DIPLOMA IN PROJECT MANAGEMENT – ACADEMIC AND ASSESSMENT CALENDAR REGENT BUSINESS SCHOOL (RBS) July 2021 10 established lines must come first. Furthermore, our estimating department says that these changes will increase the cost of the product by at least 25 to 35 percent. And, of course, we must include the quality control section, which has some questions as to whether we can actually live with these specifications. Why don’t we just cancel this project or at least postpone it until next year?”. Reference: Krezner, H. 2003. L. P. Manning. Project Management Case Studies. Available o✓nline at http://213.55.83.214:8181/Project%20mgt%20bks1/Project%20management%20case%20studies.pdf [Accessed on 3 of February 2020] 1.1 Examine the triple constraints and their impact on L.P. Manning Corporation to create a successful project. Include a diagram of the triple constraints in the response.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
icon
Related questions
Question

L. P. Manning Corporation
In March 1991, the marketing division of the L. P. Manning Corporation performed a national survey to test the public’s reaction to a new type of toaster. Manning had achieved success in the past and established itself as a leader in the home appliance industry.
Although the new toaster was just an idea, the public responded favorably. In April of the same year, the vice presidents for planning, marketing, engineering and manufacturing all met to formulate plans for the development and ultimately the production of the new toaster. Marketing asserted that the manufacturing cost must remain below $70 per unit or else Manning Corporation would not be competitive. Based on the specifications drawn up in the meeting, manufacturing assumed marketing that this cost could be met.
The engineering division was given six months to develop the product. Manning’s executives were eager to introduce the product for the Christmas rush. This might give them an early foothold on a strong market share.
During the Research and Development (R&D) phase, marketing continually “pestered” engineering with new designs and changes in specification that would make the new product easier to market. The ultimate result was a one-month slip in the schedule.
Pushing the schedule to the right greatly displeased manufacturing personnel. According to the vice president for manufacturing, speaking to the marketing manager: “I’ve just received the final specifications and designs from engineering. This is not what we agreed to last March. These changes will cause us to lose at least one additional month to change our manufacturing planning. And because we’re already one month behind, I don’t see any way that we could reschedule our Christmas production facilities to accommodate this new product. Our
POSTGRADUATE DIPLOMA IN PROJECT MANAGEMENT – ACADEMIC AND ASSESSMENT CALENDAR
REGENT BUSINESS SCHOOL (RBS) July 2021 10
established lines must come first. Furthermore, our estimating department says that these changes will increase the cost of the product by at least 25 to 35 percent. And, of course, we must include the quality control section, which has some questions as to whether we can actually live with these specifications. Why don’t we just cancel this project or at least postpone it until next year?”.

Reference:
Krezner, H. 2003. L. P. Manning. Project Management Case Studies. Available o✓nline at http://213.55.83.214:8181/Project%20mgt%20bks1/Project%20management%20case%20studies.pdf [Accessed on 3 of February 2020]


1.1 Examine the triple constraints and their impact on L.P. Manning Corporation to create a successful project. Include a diagram of the triple constraints in the response.

 

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Understanding Business
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
Management (14th Edition)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
Spreadsheet Modeling & Decision Analysis: A Pract…
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
Management Information Systems: Managing The Digi…
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
Business Essentials (12th Edition) (What's New in…
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
Fundamentals of Management (10th Edition)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON