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ASSIGNMENT
DRIVE
|
SUMMER 2014
|
PROGRAM
|
BBA
|
SEMESTER
|
V
|
SUBJECT CODE
& NAME
|
BBA501 &
PRODUCTION AND OPERATIONS MANAGEMENT
|
BK ID
|
B1849
|
CREDIT &
MARKS
|
4 CREDITS
& 60 MARKS
|
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. Write short notes on:
·
Operations Strategy as a Competitive Weapon
·
Objectives of Operations Management
·
Reverse Engineering
·
Computer-Aided Manufacturing (CAM)
Answer:
Ø Operations Strategy as a
Competitive Weapon:As
a competitive weapon Shorter product cycle Production flexibility Low cost
process Convenience and location Product variety and facility size Quality.In
the face of global competition, many Indian manufacturers suffered declining
sales, market share, and profitability, during the early 1990s. One of the main
reasons for this decline was the ineffectiveness of the operations
Ø Objectives of Operations Management:
·
Customers - These are the
most obvious people who will be affected by any business. What the chapter goes
on to call the five operations performance objectives apply primarily to this
group of people.
·
Suppliers - Operations can
have a major impact on suppliers, both on how they prosper themselves, and on
how
Ø Reverse Engineering:Reverse engineering is the
process of extracting knowledge or design information from anything man-made.
The ultimate goals for obtaining such information are varied. A typical goal
for reverse engineering a product is to create a (possibly improved) copy or even
a knockoff; this is
Ø
Ø
Computer-Aided
Manufacturing (CAM):Computer-aided manufacturing (CAM) is the use of computer
software to control machine tools and related machinery in the manufacturing of
workpieces. This is not the only definition for CAM, but it is the most common;
CAM may also refer to the use of a computer to assist in all operations of a
manufacturing plant, including planning, management, transportation and
storage. Its primary purpose is to create a faster production process and
components and
Q.2 Describe any TEN factors that affect decisions
regarding choice of location?
·
Proximity to
customers (markets)
·
Proximity to raw materials
·
Good transportation facilities
·
Availability of power
·
Basic amenities
·
Government policies
·
Environmental and community considerations
·
Proximity to subcontractors
·
Availability of cheap land
·
Availability of cheap, skilled and efficient labour
Answer:
1)
Proximity to
customers (markets): Proximity marketing is the localized wireless distribution
of advertising content associated with a particular place. Transmissions can be
received by individuals in that location who wish to receive them and have the
necessary equipment to do so. Every business depends on its customers for its
very existence. To a greater or lesser extent, most businesses also rely on
employees and a variety of suppliers who provide needed goods and services.
Locating your business where these three groups can get to you easily is vital.
If your business depends in large part on drive-
Q.3 What are the various types and functions of
stores?
·
Listing
of functions of stores
·
Explanation
of various stores(Receiving ,Main, Warehouse, Special)
Answer: The materials , lying unused but have
future economic value are said to form inventory which needs professional
handling. Inventory control / management thus is a vitally important aspect of
any stores function. One of the basic functions of stores is to account for
every material received in Stores by maintaining proper records of all the
incoming, stored and outgoing materials so that proper accounting and audit
trail is maintained. Hence , record keeping is a vital function of stores . Of
course , it also goes along the various activities and with development in the
information technology domain, the record keeping in stores too is through
electronic medium making the whole process smooth and efficient.
Q.4 Write short notes on:
·
Warehousing
·
Scope of Project Management
·
Importance of sales forecasting
·
Total Productive Maintenance (TPM)
Answer: Warehousing:
A warehouse is a
commercial building for storage of goods. Warehouses are used by manufacturers,
importers, exporters, wholesalers, transport businesses, customs, etc. They are
usually large plain buildings in industrial areas of cities and towns and
villages. They usually have loading docks to load and unload goods from trucks.
Scope of Project Management:
·
Understand the
project objectives: In order to define the scope of a project, it is necessary
to first establish the project objectives. The objective of a project may be to
produce a new product, create a new service to provide within the organisation,
or develop a new bit of software. There are any number of
·
·
·
Importance of
sales forecasting: Sales forecasting is the prediction of future performance
based on available information about past performance. Devoting resources to
in-depth sales forecasting allows you to prepare for the upcoming needs of your
business and increases the likelihood of success regardless of
·
·
Total Productive
Maintenance (TPM): Total productive maintenance (TPM) is a system of maintaining
and improving the integrity of production and quality systems through the
machines, equipments, processes and employees that add business value to the
organization.One of the main objectives of TPM is to increase the productivity
of plant and equipment with a modest investment in
Q.5 Define Method Study and state its objectives and
procedure.
Definition of method study
List the any three main objectives of method
study
1.
To
identify the proper sequence of production operations
2.
To
optimize the utilization of machineries
3.
To
reduce the manufacturing cycle time by reducing idle time of machinery
4.
To
choose the right kind and amount of materials and reduce the rawmaterial
consumption per unit of production
5.
To
reduce wastages and production of defective products
6.
To
enhance the tool life and therefore reduce the tool cost per unit ofproduction
7.
To allocate work force optimally
Q.6 What are the major costs of
quality. List the characteristics of quality.
·
Explanation
of major costs of quality(Prevention , appraisal, internal failure and external
failure costs)
·
Listing
of Characteristics of Quality from consumer’s point of view
·
Listing
of Characteristics of Qualityproducer’s point of view
Answer:It is a Sum of costs incurred in maintaining
acceptable quality levels plus the cost of failure to maintain that level (cost
of poor quality). Cost of Quality is the total cost to produce the product or
service of the project while ensuring quality standards. It includes prevention
and appraisal costs (costs of conformance) as well as failure costs (cost of
non-conformance).
When it comes to making decisions, most
managers speak money. The Cost Of Quality theory provides the vocabulary to
communicate between the quality
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
“
help.mbaassignments@gmail.com ”
or
Call
us at : 08263069601
(Prefer
mailing. Call in emergency )
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