OM0010 - OPERATIONS MANAGEMENT

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ASSIGNMENT

DRIVE	SUMMER 2014
PROGRAM	MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4) / PGDFMN – (SEM 2)
SUBJECT CODE & NAME	OM0010 - OPERATIONS MANAGEMENT
SEMESTER	3
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.

1. What are the elements and objectives of operations management?[Define operations management andExplain its elementsExplain its objectives]

Answer: Operations Management deals with the design and management of products, processes, services and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want.

The purvey of OM ranges from strategic to tactical and operational levels. Representative strategic issues include determining the size and location of manufacturing plants, deciding the structure of service or telecommunications networks, and designing technology supply chains.

2. Explain operations research models.

[Give the classification of various models and discuss the models]

Answer: Most operations research studies involve the construction of a mathematical model. The model is a collection of logical and mathematical relationships that represents aspects of the situation under study. Models describe important relationships between variables, include an objective function with which alternative solutions are evaluated, and constraints that restrict solutions to feasible values.

3. What is meant by multiple goal programming? Give the steps for solving a goal programmingproblem using the graphical method of goal programming.

[Define multiple goal programmingExplain two types of goal programming with multiple goals

Define the graphical method for solving goal programming andGive the steps for solving a problem using the graphical method of goal programming]

Answer: Goal programming is a branch of multi-objective optimization, which in turn is a branch of multi-criteria decision analysis (MCDA), also known as multi-criteria decision making (MCDM). This is an optimization programme. It can be thought of as an extension or generalisation of linear programming to handle multiple, normally conflicting objective measures. Each of these measures is given a goal or target value to be achieved. Unwanted deviations from this set of target values are then minimised in an achievement function. This can be

4. What are the applications of queuing models. What is multiple server model of the queuing system. State its assumptions.[Explain the application of queuing models in various areas

Define the multiple server model andExplain the model with assumptions]

Answer: Queuing theory is the mathematical approach to the analysis of waiting lines in any setting where arrival rate of subjects is faster than the system can handle. It is applicable to healthcare settings where the systems have excess capacity to accommodate random variations.

5. What are the various priority rules used in the process of sequencing?

Answer:When several jobs compete for the capacity of a machine or a work center, the question of sequencing the jobs rises. This question is answered by determining the priority for all the jobs waiting in the queue by applying priority sequencing rules.

The priority indicates the sequences in which the jobs will be processed on the machine or in the work center. When the machine or work center becomes

6. Explain the concept of replacement models. What are the limitations of replacement models?

[Define the concept of replacement models Explain the importance of replacement models

Explain the limitations of replacement models]

Answer: Replacement Models are a hypothesis which states that modern H. sapiens evolved in Africa or Asia and radiated out of one of these areas replacing archaic hominid populations.It is a theory proposed by Christopher Stringer and Peter Andrews suggesting that the place of origin of modern human beings is in Africa. Early human

Dear students get fully solved assignments

Send your semester & Specialization name to our mail id

“help.mbaassignments@gmail.com”

or

call us at -> 08263069601