Optimise cost of product

Formats and tools

Unit Description
Reconstruct the unit from the xml and display it as an HTML page.
Assessment Tool
an assessor resource that builds a framework for writing an assessment tool
Assessment Template
generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
Assessment Matrix
a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
Wiki Markup
mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
Evidence Guide
create an evidence guide for workplace assessment and RPL applicants
Competency Mapping Template
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
Observation Checklist
create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)

Self Assessment Survey
A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
Moodle Outcomes
Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
Registered Training Organisations
Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver MSACMT630A, 'Optimise cost of product'.
Google Links
links to google searches, with filtering in place to maximise the usefulness of the returned results
Books
Reference books for 'Optimise cost of product' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)


Elements and Performance Criteria

ELEMENT

PERFORMANCE CRITERIA

1. Analyse total cost components of product

1.1. Identify all cost components of product

1.2. Allocate cost components to major categories such as overhead, depreciation, energy, consumables and labour

1.3. Distinguish between costs which directly deliver customer features/benefits and waste

2. Optimise costs

2.1. Analyse causes of costs which lead to customer features/benefit

2.2. Determine methods of increasing the customer benefit/cost ratio

2.3. Analyse causes of waste costs

2.4. Determine methods of reducing/eliminating waste costs

2.5. Analyse interactions between cost components

2.6. Check that one method of reducing costs does not cause an increase in another cost/reduction in consumer benefit

2.7. Check that cost reduction plans do not reduce required levels of regulatory compliance or Occupational Health and Safety (OHS)

3. Implement cost optimisation

3.1. Develop cost optimisation plans

3.2. Negotiate with relevant people to agree on implementation plans

3.3. Take actions to implement the cost optimisation

3.4. Monitor the implementation of the cost optimisation

3.5. Make adjustments to the plan as required


Qualifications and Skillsets

MSACMT630A appears in the following qualifications:

  • PMB50107 - Diploma of Polymer Technology
  • PMB60107 - Advanced Diploma of Polymer Technology
  • LMF60308 - Advanced Diploma of Furniture Design and Technology
  • PUA51310 - Diploma of Public Safety (Explosive Ordnance Manufacture)
  • MSA61108 - Advanced Diploma of Competitive Manufacturing
  • MSA81109 - Vocational Graduate Diploma of Competitive Manufacturing
  • MSA50108 - Diploma of Manufacturing Technology
  • MSA41108 - Certificate IV in Competitive Manufacturing
  • MSA51108 - Diploma of Competitive Manufacturing
  • MSA60108 - Advanced Diploma of Manufacturing Technology
  • MSA71109 - Vocational Graduate Certificate in Competitive Manufacturing
  • PMA60108 - Advanced Diploma of Process Plant Technology
  • MEM50211 - Diploma of Engineering - Technical
  • MEM60111 - Advanced Diploma of Engineering
  • FPI50410 - Diploma of Timber Truss and Frame Design
  • FPI50310 - Diploma of Timber Truss and Frame Manufacture
  • FDF50210 - Diploma of Pharmaceutical Manufacturing
  • FDF50110 - Diploma of Food Processing