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DRIVE
- winter 2016
PROGRAM
- MBA
SEMESTER
- II
SUBJECT
CODE & NAME - MB 0044 - PRODUCTION AND OPERATION MANAGEMENT
BK
ID - B1627
CREDIT
& MARKS - 4 CREDITS, 60 MARKS
Q1.
1
Write
Short notes on
a.
Material control and material handling
b.
Labour Productivity
c.
Personnel Productivity
d.
Strategic decision making
(a.
Material control and material handling
b.
Labour Productivity
c.
Personnel Productivity
d.
Strategic decision making)
Answer:
Material control
and material handling:
Material control
is a management function whereby procurement, storage, and issuance of the
storage material for purposes of manufacturing the products or consumption are
conducted. Typically,
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.
Operations
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 future
needs of the company. In this unit, location strategies, we will learn about
the various methodologies used to select the location of the plant, the
flexibility in location choice, the trends and practices
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 take actions to minimise their
effect on the project. Risk management entails additional cost. Hence,
risk management can be considered cost-effective only if the cost of
risk management
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:
·
Building
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