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Master
of Business Administration - MBA Semester 2
MBA201 - Production & Operation
Management
SET 1
Qus:1 Differentiate between Production
Planning and Production Control. Point out various functions of Production
Planning and Production Control.
Functions of Production Planning 5
Functions of Production Control 5
Answer: Master production schedule sets the
quantity of each end item to be completed during each time period of the
short-range planning. The details are arrived at after verifying the progress
of the schedules of work, expected receipts, available stocks from inventory,
and the needs of
Qus:2 What do you mean by Strategic
management process? Differentiate between Environmental scanning &
Differentiation strategies
1. Strategic management process 4
2. Environmental scanning 3
3. Differentiation strategies 3
Answer: Strategy formulation and development
has been historically analysed and debated in different fields of study. While
strategy formulation is largely influenced by the situational forces, the
Qus:3Explain various Elements or
Components of Operations Strategy in detail.
Elements of operations strategy:
1) Designing of the production system 2
2) Facilities for production and
services 2
3) Product or service design and
development 1.5
4) Technology selection, development,
and process development 1.5
5) Allocation of resources 1.5
6) Focus on facilities planning 1.5
Answer: Designing of the production system
The designing of
the production system involves the selection of the type of product design,
processing system, inventory plan for finished goods, etc. The product design
has two varieties.
SET 2
Qus:1 Explain The Strategic Importance
of Forecasting.
Strategic Importance of Forecasting in
term of Human Resource 5
Strategic Importance of Forecasting in
term of Supply Chain Management. 5
Answer: Forecast is very much required for all
types of industrial activity and also for those industries which are purely in
the service sector like healthcare and education. Good forecasts are of
critical importance in all aspects of a business: The forecast is the only
estimate of demand
Qus:2 Explain the concept of Rating
Method for Location decision sequence. Discuss different types of Rating
methods.
Rating plan method 2
Factor rating method 2
Point rating method 2
Break-even analysis 2
Centre of gravity method 2
Answer: In the case of general factors or
special factors – each factor has its own importance in determining the
location of a plant. Therefore, ranking them and giving weightage for them is
one of the ways of determining the location. The methods which determine the
most likely location
Qus:3 What do you mean by Quality?
Point out, various dimensions of quality?
Meaning of Quality 4
Dimensions of Quality 6
Answer: “Quality” has been defined in many
different ways and as such there is no commonly agreed definition of quality.
Different experts and “gurus” have given definitions based on
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