MB0044 - PRODUCTION AND OPERATION MANAGEMENT

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ASSIGNMENT

DRIVE	SPRING 2014
PROGRAM	MBADS/ MBAFLEX/ MBAHCSN3/ MBAN2/ PGDBAN2
SUBJECT CODE & NAME	MB 0044 - PRODUCTION AND OPERATION MANAGEMENT
BK ID	B1627
SEMESTER	2
CREDITS	4
MARKS	60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Q. 1 Explain briefly elements of operations strategy ?

Ans : An operations strategy is a high-level integrated plan for business effectiveness or competitiveness. The following are the key elements of operations strategy:

1.Positioning the production system

2.Focus of factories & service facilities

3.Product/service design & development

Q. 2 Describe the general factors that influence the plant location decision.

Ans :  Factors influencing plant location decision :

1. Nature of the product

2. Volume of production:

3. Basic managerial policies and decisions

4. Nature of plant location

Q.3 Write short notes on

 Total productive Maintenance

 GNATT Chart

 Bullwhip effect in SCM

 Scheduling in services

Ans : Total productive Maintenance :

One of the main objectives of TPM is to increase the productivity of plant and equipment with a modest investment in maintenance. Total Quality management (TQM) and Total Productive Maintenance (TPM) are considered as the key operational activities of the quality management system. In order for TPM to be effective, the full support of the total workforce is required. This should result in

GNATT Chart :

A Gantt chart is a type of bar chart, developed by Henry Gantt in the 1910s, that illustrates a project schedule. Gantt charts illustrate the start and finish dates of the terminal elements and summary elements of a project. Terminal elements and summary elements comprise the work breakdown structure of the project. Modern Gantt charts also show the dependency (i.e. precedence network) relationships between activities. Gantt

Bullwhip effect in SCM  :

Supply chain management is a complex process. There are several issues that can lead to the bullwhip effect and those issues can be exacerbated by delays in transmitting information, and a lack of coordination up and down the supply chain. Some causes of the bullwhip effect include:

• Consumer demand swings

Scheduling in services :

Scheduling involves the decision to allocate available resources over relatively short periods of time using aggregate planning. On an operational level, scheduling relates to the use of equipment and facilities, the scheduling of

Q. 4 Explain the steps and tools for changing project management process.

Ans :  Steps for changing project management process :

Step 1: Create Urgency

For change to happen, it helps if the whole company really wants it. Develop a sense of urgency around the need for change. This may help you spark the initial motivation to get things moving.

Step 2: Form a Powerful Coalition

Q.5 Under capacity options the company decides to vary the production output by varying the time, workforce or outsourcing. What are the basic capacity options a company can choose to meet demand?

Ans :  Capacity Options :

Capacity options allow planners to change supply by adjusting labor, inventory, and subcontracting.

1. Hire and lay off workers:

The extent to which operations are labor intensive determines the impact that changes in the workforce level will have on capacity. Of the cost involved in this option, hiring cost includes recruitment, screening, and training to bring new workers "up to speed." And, quality may suffer. Some savings may occur if workers who have recently been laid off are rehired.

Q. 6 Write short notes on:

 Relevance of Value Engineering in manufacturing

 Vendor Managed inventory

 Rating methods for locating a plant

 Importance of business process modelling

Ans : Relevance of Value Engineering in manufacturing :

Value engineering (VE) is a systematic method to improve the "value" of goods or products and services by using an examination of function. Value, as defined, is the ratio of function to cost. Value can therefore be increased by either improving the function or reducing the cost. It is a primary tenet of value engineering

Vendor Managed inventory :

Vendor-managed inventory (VMI) is a family of business models in which the buyer of a product (business) provides certain information to a vendor (supply chain) supplier of that product and the supplier takes full responsibility for

Rating methods for locating a plant :

Factor-rating systems are perhaps the most widely used of the general location techniques because they provide a mechanism to combine diverse factors in an easy-to-understand format. A major problem with simple point-rating schemes is that they do not account for the wide range of costs that may occur within each factor. For

Importance of business process modelling :

Business Process Modeling is an important part of understanding and restructuring the activities and information a typical enterprise uses to achieve its business goals. With a modeling tool like Enterprise Architect, you can model, document and restructure those processes and information flows using industry standard UML and the

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id :

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Call us at : 08263069601

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