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(Winter/November
2012)
Master of Business
Administration - MBA Semester 3
“Operations
Management” Specialization
OM 0013 – Advanced
Production (4 credits)
(Book ID: B1235)
ASSIGNMENT- Set 1
Marks 60
Note: Assignment Set -1 must be written within 6-8 pages. Answer all
questions.
Q1.a. Explain the impact of product or service life cycle on operation
strategy. 5 marks(150-200) words
Answer : Product Lifecycle Management
Successful product innovation is
a key driver of revenue growth, competitive margins and, in some cases, even
business survival. The ability to bring
innovative products and services to market quickly, efficiently and ahead of
the competition is the primary source of long-term competitive advantage. In addition, as enterprises increasingly
leverage core capabilities of partners and vendors, products are increasingly
delivered with external partners, requiring companies to both integrate
internally and with
b. Explain the sources of competitive advantage. 5
marks(150-200) words
Answer : Resources
Learning materials, support
resources and interactive engagement are provided through the Virtual Learning
Environment. Everything you need to study and achieve learning outcomes is
provided.
A specially written study guide
and comprehensive academic text are accessed online and can be printed from PDF
versions supplied. Both have been
written to supplement each other and incorporate many features that will help
you.
Q2.a. What are the different types of benchmarking? 5 marks(150-200)
words
Answer : Strategic
Benchmarking is used to improve overall performance by examining the
long-term strategies and approaches that have enabled great performers to
succeed. It involves considering core competencies, developing new products and
services; changing the balance of activities; and improving capabilities for
dealing with changes in the background environment.
b. Explain the various automated systems for transfer of materials in
the production plant?
5
marks(150-200) words
Answer : Basically, automation system comes to reduce
labor power and time in the production. Here we can see the evolution systems
with some examples. The goods requited by society were produces in small
quantities by craftsman who would know the need of the community and produced
them by their own hands with simple tools. The apprentices or by another
craftsman, who would make them to meet the requests made.
Q3. Explain the different types of stores layout 10
marks(300-400) words
Answer : Optimizing
the organization of a retail store helps ensure that customers can find what
they are looking for quickly and navigate the store with ease. Certain layouts
work better for different types of stores and the buildings they reside in, but
each is implemented with the same goal in mind: to generate the most sales.
Consider all of your options before finalizing the layout of your store. Does
this Spark an idea?
Grid Layout
Q4. Explain the ingredients of a business
process
10 marks(300-400) words
Answer : Ingredients of Business Process
1) Time: You must understand
that time is money. In business, our objective is to make money. Period. But
the question is how productively you convert your time into money. Are you
making full use of your time or you just let the time pass by you?
How much you make depends on how
good you are at converting time to money. If you are already productive, then
you may want to ask what are the things you can do to improve further the ratio
of dollar/second? If you are making $0.01
Q5. What are the five process types. Explain any one in detail. 10 marks(300-400) words
Answer : Processes
Processes can be described by
their starting and stopping points and by the kinds of changes that take place
in between. Figure 1 shows the category Process subdivided by the distinction
of continuous change versus discrete change. In a continuous process, which is
the normal kind of physical process, incremental
Q6. Explain the impact of internet on new product development. 10 marks(300-400) words
Answer : Faced with the rapidly changing environment
and the necessity to effectively manage the collaborative nature of product
development, numerous firms invest in Internet-based technologies (IBT) to
support their innovation activity. However, despite the vast theoretical and
case-study-based research in the literature regarding the alleged role of
Internet-based technologies in new product development (NPD), there is no
systematic large-scale empirical evidence which would confirm that the use of
Internet-based technologies leads to improvement of NPD performance.
In order to address this issue,
this thesis examined the impact of the Internet-based technology use on NPD
performance. First, a novel
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call us at :- 08263069601
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