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MBA
(OPERATIONS MANAGEMENT)
SEMESTER 3
OM0013 – ADVANCED PRODUCTION -4
CREDITS
(BOOK ID
B1235)
ASSIGNMENT -
60 MARKS
Note: Answer all questions. Kindly note that
answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation
scheme.
Q1. Elucidate Theory of
Constraints and Constraint management
Answer.
Theory of Constraints
The Theory of Constraints
(TOC) developed by Dr. Eliyahu M. Goldratt usually applied to improve an
organisation’s functionality. TOC consists of problem solving and
management/decision-Making Tools called the Thinking Processes (TP) which is
essential for identifying the root problem, identifying and expanding win-win
solutions, and developing implementation plan. Theory of Constraints is a
systematic approach that focuses on actively managing the constraints which
impedes the progress. This helps in answering "What to change?",
"To what to change?”, and "How to cause the change?"
The TOC is based on the
seven principles mentioned below:
1. Emphasis should be on
balancing flow rather than on balancing capacity.
2. Throughput of the entire
system cannot be
Q2. Explain the
balanced scorecard approach which provides important information to allow the
overall strategy of an organisation to be reflected in specific performance
measures:
Answer.
The Balanced Scorecard
Approach
The balanced scorecard is a
scorecard used to maintain traditional financial measures. But, these financial
measures are adequate for industrial age companies where investments in
long-term capabilities are customer relationships that are not critical for
success. These financial measures are not sufficient, however, for guiding and
evaluating the journey that information age companies must make to create
future value through investment in customers, suppliers, employees, processes,
technology and innovation.
Q3. Describe the different
layouts that organisations can use and the benefits and limitations of each of
the layouts
Answer.
The problem of facilities
organisation and layout is common to almost every enterprise. Shops,
restaurants and offices need to consider carefully how facilities will be
arranged. In a manufacturing context, then are four types of layout.
o Product layout / Line
layout: defines
the organization of a factory or office in such a way that workstations are
positioned in an optimum way which will suit the product. Product layout
ensures that products follow an assembly line, where the different operations
take place in a logical sequence. An example
Q4. Summaries the
importance of productivity and team work
Answer.
Teamwork
Decisions on controlling teamwork
are really important as this helps in improving the productivity of an
organisation regarding the quality of work delivered. If teamwork is controlled
properly, it has positive impact on productivity. The word TEAM is
popularly known as:
T – Together
E – Everyone
A – Achieves
M – More
“Together Everyone Achieves
More” shows the importance of teamwork at the workplace.
Q5. Explain the
single-server and multi-server waiting line models
Answer.
Single-server model
Single-server, also known
as M/M/1 model, is a simple waiting model which consists of single-server,
single-line, single-phase system. Figure shows the single-server
Q6. Explain the
different production planning strategies and cost involved in aggregate
planning process
Answer.
Production Planning
Strategies
A production plan is a
section of the business plan, which the manufacturing or the operations
department is responsible in developing. The plan will state the amount of
input which the manufacturing department is responsible in each period in the
planning horizon. The production plan is required to be translated into a
master production schedule to list the items quickly and to avoid the
overloading of the production facility. This
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