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DRIVE
Winter
2016
PROGRAM
MBA
SEMESTER
III
SUBJECT
CODE & NAME
OM
0013 – ADVANCED PRODUCTION AND OPERATIONS MANAGEMENT
1 Differentiate
between the concept of production management and operations management.
A
Concept of
production management.
Concept of
operations management.
Difference
between production management and operations management
Answer:
Production
management and operations management are management jargon that needs to be
simplified for those who are sitting on the fence or those inside an
organization unable to comprehend them clearly. Sometimes it becomes confusing
to be talking about production management inside operations
2 Explain the
meaning and characteristics of a product.
Meaning
of a Product
Characteristics
of a Product
Answer: Product
is one of the important elements of marketing mix. A marketer can satisfy
consumer needs and wants through product. A product consists of both good and
service. Decisions on all other elements of marketing mix depend on product.
For example, price is set for the product; promotional efforts are directed to
sell the product; and distribution network
3 Define the
Process of Production Planning and Control
Process
of Production Planning and Control
Answer: Process of Production Planning and Control
Planning phase: Planning is considered an
efficient forecasting tool, which states how the objectives can be achieved and
how a particular requirement can be fulfilled in the future. It has two
4 What do you
understand by the term ‘inventory’? Explain various types of inventories.
Meaning
of Inventory
Types
of Inventories
Answer: Inventory
is an idle stock of physical goods that contain economic value, and are held in
various forms by an organization in its custody awaiting packing, processing, transformation,
use or sale in a future point of time.
Any
5 Explain the
Process of Quality Control.
Process
of Quality Control
Answer: Process
of quality control
1.
Controlling engineering quality: It refers to the first step of
quality control, in which product specifications are developed. This step
involves various sub-steps, which are as follows:
a.
Evaluating customer requirements to have a clear understanding of product
quality objectives
6 Write short
notes on the following:
a. Alfred
Weber’s theory of industrial location
b. Influence of
government on industry location
c. Objectives of
an effective plant layout
d. Factors
affecting a plant layout
Answer: Alfred
Weber’s theory of industrial location
Alfred
Weber, a German economist, attempted to analyse the factors that influence
industrial location. Before Weber, another German economist Launhardt gave the
simple principle of industrial location based on minimum transport cost. Weber
followed Launhardt's principle in his theory
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