MBA201-Production and Operation Management

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Master of Business Administration - MBA Semester 2

MBA201-Production and Operation Management

Set - 1

Q1. Explain factors affecting Strategic decision-making.

Environmental scanning

Core competencies

Answer. Strategic decision making

Decision making is the most crucial management function. Decisions commit the organisation and its members to activities which have financial repercussions and affect the functioning of other departments or divisions. Therefore, decisions are taken after lots of deliberations which involve steps like data gathering, analysis, and predicting outcomes. Accuracy of data and their relevance for the matter under consideration are the factors which affect the quality

Q2. List Quantitative and Qualitative Methods of Forecasting.

Quantitative Forecasting Methods

Qualitative Forecast Methods

Answer. Qualitative Methods of Forecasting

The different qualitative methods of forecasting are as follows:

•          Market surveys

•          Nominal group testing

•          Historical analysis

•          Jury of

Q3. Describe manufacturing facility layouts

Process layout

Product layout

Group technology layout

Answer. Process layout

This type of layout is concerned with the grouping of machines, process, or services according to their function. This grouping of machines by function is characteristic of job shops and batch

Set - 2

Q1. Explain Business Process Modelling

Logical process modelling

Physical process modelling

Answer. Logical process modelling

Logical process modelling is the representation of putting together all the activities of business process in detail and making a representation of them.

The initial data collected has to be arranged in a logical manner so that, links are made between nodes for

Q2. Explain project management life cycle and its phases.

Project management life cycle

Analysis and evaluation phase

Marketing phase

Design phase

Execution phase

Control – inspecting, testing, and delivery phase

Closure and post completion analysis phase

Answer.  Project Management Life Cycle

A life cycle of a project consists of the following activities:

•          Understanding the scope of the project

•          Establishing objectives of the project

•          Formulating and planning various activities

•          Executing

Q3. Describe major decision areas in supply chain management

Location

Production

Inventory

Transportation

Answer. Location decision: The geographic placement of production facilities, stocking points, and sourcing points is the natural first step in creating a supply chain. The location of facilities involves a commitment of resources to a long term plan. Once the size, number, and location of the production are determined, the possible paths of product supply to the final customer can be determined

FALL-2018

Get solved assignments at nominal price of Rs.125 each.

Any issues mail us at: subjects4u@gmail.com or contact at

08219081362