FALL-2017
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Master of
Business Administration- MBA Semester 3
OM0010-Operations
Management
Note: Answer
all questions must be written within 300 to 400 words each. Each Question
carries 10 marks 6 X 10=60
Q1. Explain the concept of operation
management. What are the elements of operations management?
Answer. Operations management is defined as that activity whereby
resources, flowing within a defined system, are combined and
Q2. Explain the process of operation
research in detail. Write down different Applications of Operations Research.
Answer. Process of operations
research
Operations
research provides an integrated framework for making various business
decisions. Therefore, it is of utmost importance for an organization to have a
clear understanding of this framework to solve various business problems.
Q3. An organization has three
production centers P1, P2 and P3 that supply products to four warehouses W1,
W2, W3 and W4. The monthly production capacities of the three production
centres are 160, 150 and 190 units, respectively. The monthly demand of
warehouses is 80, 90, 110 and 160 units, respectively. The transportation cost
per unit (in rupees) is shown in following Table
|
Warehouses
|
W1
|
W2
|
W3
|
W4
|
|
Production
Centres
|
||||
|
P1
|
10
|
12
|
8
|
15
|
|
P2
|
12
|
14
|
18
|
9
|
|
P3
|
15
|
12
|
20
|
16
|
Discussion questions:
1. How many units should an
organization supply to warehouses so that the total transportation cost is
minimized?
2. Calculate Total Transportation
Cost.
Answer. Construct the transportation cost
matrix table, which is as follows:
Q4. Write Short notes on-
• Consumer Pricing Expectations Range
• Autonomous and derived demand
• SERVQUAL-Measuring Service Quality
• Service Blueprint
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
Q5. Solution for Sequence Problem is
as follows:
|
Job
|
1
|
2
|
3
|
4
|
5
|
6
|
|
Machine-1
|
9
|
7
|
8
|
6
|
8
|
12
|
|
Machine-2
|
4
|
5
|
3
|
6
|
2
|
5
|
|
Machine-3
|
12
|
10
|
8
|
9
|
15
|
11
|
Answer.
Q6. Elaborate the replacement of
equipment that deteriorates with time. What are the limitations of replacement
models?
Answer. Replacement of Equipment that
Deteriorates with Time
When the operational
efficiency of equipment goes on decreasing with the gradual passage of time, it
is economical to replace the same with a new one. The replacement decisions for
such equipment are taken based on the economic life cycle and monthly or annual
operating costs of the
FALL-2017
Get solved
assignments at nominal price of Rs.125 each.
Any issues
mail us at: subjects4u@gmail.com or contact at
08894344452, 8219081362
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