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DRIVE:
SPRING 2015
PROGRAM:
MBA/ MBADS/ MBAFLEX/ MBAHCSN3/ PGDBAN2
SEMESTER:
II
SUBJECT
CODE & NAME: MB 0044 - PRODUCTION AND OPERATION MANAGEMENT
BK
ID: B1627
CREDIT
& MARKS: 4 CREDITS, 60 MARKS
Q.1: Write short notes on:
·
Environmental scanning as a basis
for strategic decision making
·
Tools for implementation of
operations
·
Differentiation strategies as a
basis of decision making
·
Core competencies as a basis of
decision making
A. 10 (2.5 marks for each
topic/short note)
·
Environmental scanning as a basis
for strategic decision making
·
Tools for implementation of
operations
·
Differentiation strategies as a
basis of decision making
·
Core competencies as a basis of
decision making
To answer short notes on the
topics given above: Break up of 2.5 marks for each topic/short note
·
Outline the main points of the
topic
·
Analyse the topic
·
Conclude with your opinion
ANS:
Environmental
scanning as a basis for strategic decision making: The business environment of any organisation
includes the industry, marketplace, governmental agencies, society, ecology,
technology, and others. Organisations should be aware of the business
environment in which the firm exists, and have to
Q.2: Answer the following
questions:
a. What is forecasting?
b. What are the benefits of
forecasting?
c. What are the cost implications
of forecasting?
d. List the different types of
forecasting methods.
A.
a. Give the definition of
forecasting and what it involves (2 MARKS)
b. Benefits of forecasting (2
MARKS)
c. Discuss the cost implications
of forecasting (3 MARKS)
d. List the forecasting methods
based on the context or focus (3 MARKS)
ANS:
a.
Give the definition of forecasting and what it involves: Forecasting
is an art because subjective assessment coupled with historical and contemporary
judgment is required to improve the accuracy of forecasts. It is a science
because a wide varietyof numerical methods are used to obtain a number or
several numbers and f
Q.3: Describe the process of
value analysis. 10 (2.5 marks for each step)
A Description of the steps in the
process of value analysis
a. Data gathering
b. Analysis and valuation of functions
c. Idea generation and evaluation
of substitutes
d. Implementation and regulation
ANS:
- Data gathering: All relevant information concerned with the product
and the parts that go to make it are collected. The concerns at this stage
are the raw materials used, its dimensions, characteristics, availability,
lead time, price, mode of transport, storage, and the rate of consumption.
All questions regarding each of them are asked. The available information I
s recorded and when information is not available, tags can be attached for
Q.4: What do you understand by
“line balancing”? What happens if line balance does not exist?
A Define line balancing (1 MARKS)
Explain the concept of line
balancing with an example (5 MARKS)
List the objectives of line balancing
(2 MARKS)
Describe what happens if balance
doesn’t exist (2 MARKS)
ANS:
Define
line balancing: Line
balancing and line of balance are two more tools to ensure that machining
centres are loaded as uniformly as possible to prevent build up stocks at intermediate
stages.
Explain
the concept of line balancing with an example: A simple line (typically set up
for the purpose of assembly) consists of aseries of work stations, and the
total work content of the product, which is expressed in
Q5. Explain the steps to set data
in logical order so that the business process may be defined.
List the ingredients of a
business process.
(Explanation of the steps to set
data in a logical order, Listing of the ingredients of a business process) 7.5,
2.5
Answer:
Steps to set data in a
logical order
The
following steps should be considered for setting the data in a logical order.
1.
Check whether the participants in the process that is, people, teams, and
electronic applications are
Q.6: Describe the post
implementation review of a project. Explain the tools that may be considered
for post implementation review.
A Description of the four parts
of the post implementation review of a project 8 (2 marks for each part)
Explanation of the four tools
that may be considered for post implementation review. 2 (0.5 marks for each
tool)
ANS:
A Description of the four parts
of the post implementation review of a project:
After every stage of a project is
implemented, it may so happen that there could be a minor change or modification
which has to be reviewed. This is known as post implementation review.
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject and rs 700/semester only.
if urgent then call us on 08791490301, 08273413412
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