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Fall-2013
Master of
Business Administration - MBA Semester 2
MB0044–Production
and Operation Management-4 Credits
(Book ID: B1627)
Assignment
(60 Marks)
Note: Answers
for 10 marks questions should be approximately of 400 words. Each question is
followed by evaluation scheme. Each Question carries 10 marks 6 X 10=60.
Q1. State the important
considerations for locating an automobile plant.
Answer. General factors:
The general
factors that influence the plant location are listed as follows:
Availability
of land – Availability of land plays an important role in determining the plant
location. On several occasions, our plans, calculations and forecasts suggest a
particular area as the best to start an organization. However, availability of
land may be in question. In such cases, we will have to choose the second best
location.
Q2. Explain essentials of Project
Management Philosophy.
Answer. Essentials of Project
Management Philosophy:
Characteristics
of project mindset
Project
management is all about the mindset. Figure depicts all the major
characteristics of a project mindset.
a) Time: It
is an important parameter in framing the right mindset. It is possible to
improve the pace of the project by reducing the time frame of the process. The
mindset is normally to work out a comfort mode by stretching the time limits.
Q3. Several different strategies have
been employed to assist in aggregate planning. Explain these in brief.
Answer. Three focused or pure
strategies are:
Vary
production to match demand by changes in employment (Chase demand strategy):
This strategy permits hiring and layoff of workers as required. When the output
is to be increased more workers are added and when the output is to be
decreased, workers are removed.
Produce at a
constant rate and use inventories (Level production strategy): This strategy
retains a stable work force producing
Q4. Illustrate the different methods
by which quality is sought to be achieved using various tools and techniques.
Answer. Quality Control Techniques:
Quality
control techniques are specific activities and procedures adopted using data,
for determining a particular aspect of quality to arrive at decisions which are
conclusive. Each technique developed and tested by senior personnel or
consultants will be simple enough to be understood, implemented, and
interpreted by the personnel for their immediate use. The techniques to be
used, the criteria to be adopted and the
Q5. Explain the basic competitive
priorities considered while formulating operations strategy by a firm?
Answer. Operations Management and
Strategy:
Operations
management is one of the major functions of any business organization.
Marketing discovers the destination for the product or service that is
produced. Operations provide the deliverables by utilizing the resources and
producing the same. All equipments, facilities, technology, information, human
Q6. Explain briefly the four
classification of scheduling strategies?
Answer. Scheduling Strategies
Scheduling
strategy differs from organization to organization as it depends on the quantum
of production, size and type of production, company’s policy, and priorities,
etc. Most of these strategies are concerned with job shop production since the
problems encountered is more when more than one product is produced in the same
plant.
Following
are the classifications:-
Ø Detailed scheduling
Ø Cumulative scheduling
Ø Cumulative-detailed scheduling
Ø Priority decision
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