MB 0044 – PRODUCTION AND OPERATION MANAGEMENT – Summer 2016

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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

  1. Production Control
  2. Balancing of workstations
  3. Pragmatic benchmarking
  4. 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

  1. Quality of design
  2. Conformance to design
  3. Utilisation conditions
  4. 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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