Spring-2015
Get solved
assignments at nominal price of Rs.120 each.
09882651000, 08894387490
Master of
Business Administration- MBA Semester 3
OM0010–Operations
Management-4 Credits
(Book ID:
B1934)
Assignment (60 Marks)
Note: Answer
all questions must be written within 300 to 400 words each. Each Question
carries 10 marks 6 X 10=60
Q1. Answer the following questions:-
1. What are the objectives of operations management?
2. What are the major limitations of operations research?
3. Explain the relationship among organisation, operations
and marketing strategies.
Answer. Objectives of operations management:
1. Making
efficient use of the labour.
2. Making best
possible use of the equipments that are available for the use.
3. Increasing
the profit.
4. Increasing
the output.
5. Improving
the service level.
Q2. Write short notes on:
1. Consumer Pricing Expectations Range (CPER)
2. Constrained optimization problems.
Answer: Consumer pricing expectations range: Consumer
Pricing Expectations Range (CPER) is a term, which is commonly used in demand
forecasting. This term has two aspects, namely, consumer aspect and producer
aspect. From the consumer’s aspect, CPER implies that the consumer has an
expectations range in case of pricing. Consumer forms opinion based on the
price of the product. Customers are people who buy products and services from
other people (usually companies of one sort or another). What customers
Q3. Answer the following questions:
1. What are the difficulties/challenges faced by service
operations managers?
2. What is service blueprint? What are its components?
Answer: Difficulties faced by Service Operations Managers: Operation
managers play a central role in stabilizing an organization's policies and
procedures across major business areas including finance, planning and
technology. In small businesses, the role of the operation manager is often
assumed by the business's owner or its general manager.
Competing
Practices
Q4. Give the steps for solving the goal programming problem
using the graphical method of goal programming. Explain the 2 types of goal
programming with multiple goals.
Answer: Steps in Solving Goal Programming Problem:-
Goal
programming is a variation of linear programming that can be used for problems
that involve multiple objectives.
Maximize Z = f(x,y) = 3x + 2y
Subject to: 2x + y ≤ 18
2x + 3y ≤ 42
Q5. Find the minimum transportation cost from the data given
below using the north-west corner method?
Answer.
Q6. Answer the following questions: 10
1. What are the benefits of maintaining inventory?
2. Give any 2 applications of queuing models.
3. Mention any 2 performance measures of sequencing.
4. What are the characteristics of Markov analysis?
Answer: 1. Benefits of
maintaining inventory: If an organisation has a sufficient pool of raw materials,
it can produce finished goods without any constraint. In such a case, the
organisation would not depend entirely on the sales of goods and services to
buy raw materials for further production.
The intent of
inventory management is to continuously hold optimal inventory levels. The
scope of inventory management concerns the fine lines between replenishment
lead time, carrying costs of inventory, asset management, inventory
forecasting, inventory valuation, inventory visibility, future inventory price
forecasting, physical inventory, available physical space for inventory,
quality
Spring-2015
Get solved
assignments at nominal price of Rs.120 each.
09882651000, 08894387490
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