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DRIVE
- SUMMER 2016
PROGRAM
- MBA
SEMESTER
- II
SUBJECT
CODE & NAME - MB 0044 - PRODUCTION AND OPERATION MANAGEMENT
BK
ID - B1627
CREDIT
& MARKS - 4 CREDITS, 60 MARKS
Q1.
Write Short notes on: 10
a. Production Control
b. Balancing of workstations
c. Pragmatic benchmarking
d. Implementation of operations
Ans: production
control: Production
management typically starts with aggregate planning. The data for this
planning comes from the marketing department which forecasts the demand
and determines the quantities of various products needed to fulfill the
orders. The delivery schedules are also established. The available stocks
and buffer stocks needed to meet the exigencies are also considered. In
aggregate planning, all inputs that are required to meet the targets such as,
machinery,
Q2.
What do you mean by Operation Strategy? Explain various elements or components
of Operations Strategy. 4, 6
Ans: Operations
Strategy:
Operations
strategy is defined as the set of decisions that are warranted in the
operational processes in order to support the competitive strategies of the
business. The objectives stated above will give the firm a competitive advanatage
in the products or services that are served to the customers.
Q3.
Describe following dimensions of quality with appropriate examples. 10
a. Quality of design
b. Conformance to design
c. Utilisation conditions
d. After sales service
Ans:
Dimensions of quality: Quality is inherent in the product or
service that is rendered to the customer. Since we are attempting to
measure the same, we will look into those aspects of quality, called
Q4.
Discuss the importance of Plant Location. Point out various factors Influencing
Plant Location. 2, 8
Ans: Importance of Plant Location: A plant location
cannot be changed frequently since a large capital needs to be invested to
build the plant and machinery in the selected area. Therefore, before selecting
a plant location, a long range forecasting is to be made to foresee the
·
Q5.
Explain the risk management and its various components. ( Definition of risk
management and what it entails, Four components of risk management) 4, 6
Ans: Risk
Management: Risks are those events or conditions that may occur
and whose occurrence has a harmful or negative impact on a
project.
Risk
management aims to identify the risks and then
Q6.
Why redesign of layouts may be necessary? List the differences between product
and process layout. ( Reasons why resdesigning
of existing layout
is required, Listing of any five differences) 5, 5
Ans: Redesigning
of a layout: There
are several reasons as to why a redesigning of an existing layout may be
required. These are as follows:
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