OM 0013 – ADVANCED PRODUCTIONAND OPERATIONSMANAGEMENT

ASSIGNMENT

DRIVE SPRING2016
PROGRAM MBA
SEMESTER III
SUBJECT CODE &NAME OM 0013 – ADVANCED PRODUCTIONAND OPERATIONSMANAGEMENT
BKID B1935
CREDITS &MARKS 4CREDITS &60 MARKS

 

 

Q.No Criteria Marks TotalMarks
1 Writeshortnotes onthefollowing
 

a.      Types ofOperationalStrategies

b.      CurrentTrends in OperationsManagement

c.       Types ofbenchmarking

d.      Automatedassemblylines

A a.       TypesofOperationalStrategies

b.      CurrentTrendsin OperationsManagement

c.       Typesofbenchmarking

d.      Automatedassembly lines

2.5

2.5

2.5

2.5

10
2 DescribeComputer-AidedManufacturing(CAM).
A Computer-AidedManufacturing(CAM)

Applications ofComputer-AidedManufacturing(CAM)Benefitsof Computer-AidedManufacturing(CAM)Problems ofComputer-AidedManufacturing(CAM)

2.5

2.5

2.5

2.5

10
3 Explainvariousfactorsaffecting afacilitylocation.
A Explainvariousfactorsaffectinga facilitylocation. 10
4 CaseStudy-Organization:Fortunesolutions

Themarketplaceforpharmaceuticalcompaniesishighlycompetitive.Asaresultthereisaneedforaflexible,accurateandresponsiveglobalplanningprocesstosupportthekeyfactorsof

  rapidtimetomarket,rapidresponsetodemandchanges,lowcosts.EachsupplychainhaddevelopeditsownSalesOperationsplanning(SOP)processmakingitdifficulttocombineandformaglobalviewofdemandandsupplyandtomaximizesalesopportunities.Therequirementwas to create a standardSOP processto be used atallthe supplychains,incorporatingcompanyand industrybestpractice.

Thesolutionforthisproblemwasdevelopedasfollows:AworkshopanalyzedallSOPmodelsusedwithinthecompanyandcomparedthesewithbusinessrequirementsandbestpractice.AsaresultofcombinedSOPmodels,theorganizationwasabletodevelopabestfitSOPmodelthatcouldbe rolledoutacrossthecompany.

Theworkshopproducedadetaileddocumentationwhichdescribedaboutinputs,meetingagendasand attendees,outputs,keyperformanceindicatorsforeachstageoftheprocess.

AsimulationofthefullSOPmodelwasdevelopedthatenabledfinaldesignimprovementstobemade andtrainingofprocessparticipants andkeystakeholders.Thisallowed asuccessfulimplementationplantobedeveloped.Uponimplementing,theprocesswastriedontrialrunfora period of4 months tofacilitatefinetuning.TheresultingSOPmodelwasthenrolled outacrossthe companyto achievefullbenefits.

TherapidimplementationofastandardizedSOPprocessgaveimmediatebenefitstothefortunesolutionsin termsof:

·         Increasedcustomerservicelevelandsuperiorproductavailability.

·         Reducedcostsfrom higherresourceutilization,reducedwaste.

·         Improvedcashflow due tooptimizedinventoryandimprovedscheduleadherence.

  Question-

a.  Givethe reasonfordeveloping astandardizedSOPprocess.

b.    How wasthe solutiondeveloped?

c.    Whatarethe benefits ofastandardizedSOPprocess?

A a.       Reasonfordevelopinga standardizedSOPprocess

b.      How wasthesolutiondeveloped?

c.       Whatarethebenefits ofa standardizedSOPprocess?

4

3

3

10
5 What isnew product development?Explaintheimpactof interneton new productdevelopment.
A Definitionofnewproductdevelopment, how itisdriven

Descriptionoftheimpactofinternetonnewproductdevelopment(how itisfreeingdevelopers to generateideas,example/s)

5

5

10

 

 

6 Writeshortnotes onthefollowing:
  a.  ValueStreamMapping

b.   Benefitsof JIT

c.    IdealProductionSystem

A a.       ValueStreamMapping

b.      BenefitsofJIT

c.       IdealProductionSystem

3

4

3

10

 

*A-Answer

 

Note–Pleaseprovidekeywords,shortanswer,specificterms,specificexamplesandmarksbreak-up(wherevernecessary)

 

Note–Answerallquestions.Kindlynotethatanswersfor10marksquestionsshouldbeapproximatelyof400 words. Eachquestionisfollowedbyevaluationscheme.