Elective: Production Management (Part -2)

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National Institute of Business Management
Chennai - 020
EMBA/ MBA

Elective: Production Management (Part -2)
Attend any 4 questions.  Each question carries 25 marks
(Each answer should be of minimum 2 pages / of 300 words)

Q. 1. Describe the differences between Manufacturing Operations and Service Operations.

Answer:Service and manufacturing operations have differences, but also similarities. For example, both create mission statements and a vision for how the organization will be run and perceived by customers. Each provider or manufacturer wants to lead the market in its specific industry. However, manufacturing and service operations answer different questions and formulate different strategies when it comes to planning and managing the way in which an organization is run.

Characteristics: Manufacturing operations produce tangible goods, which are physical products that can be held and seen. Manufacturing can be broken down into two branches: process and discrete manufacturing. While process manufacturers produce goods that typically use a formula and ingredients, such as soda pop or pharmaceutical drugs,




Q. 2. Explain criteria Performance for a Production Management System.
                                                     
Answer:Three objectives or criteria of performance of the production and operations management system are

1. Customer satisfaction
2. Effectiveness
3. Efficiency

This is not difficult to imagine because modern production and operations management has to serve the so-called target customers, the people working within, as also the







Q. 3. Explain the various product development techniques adopted by different organizations.

Answer:The dynamics of markets, technology, and competition have brought changes to virtually every market sector and have made new product development one of the most powerful business activities. The monumental changes that constantly impact commerce have forced companies to innovate with increasing speed, efficiency, and quality. In turn, this has made new product development one of the most complex and difficult business functions. However, firms must innovate in order to survive. The power of innovation



Q. 4. Explain the factors affecting job Design.

Answer: A well defined job will make the job interesting and satisfying for the employee. The result is increased performance and productivity. If a job fails to appear compelling or interesting and leads to employee dissatisfaction, it means the job has to be redesigned based upon the feedback from the employees.





Q. 5. Explain the activities involved in production planning and control in an industry in advance of actual production.

Answer: Production planning is an activity that is performed before the actual production process takes place. It involves determining the schedule of production, sequence of operations, economic batch quantities, and also the dispatching priorities for sequencing of jobs.  Production control is mainly involved in implementing production schedules and is the corollary to short-term production planning or scheduling. Production control includes




Q. 6. Discuss Inventory Control Techniques.

Answer:Some of the most important techniques of inventory control system are:

1. Setting up of various stock levels. To avoid over-stocking and under stocking of materials, the management has to decide about the maximum level, minimum level, re-order level, danger level and average level of materials to be kept in the store.



                                                                                                                                                25 x 4=100 marks

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Send your semester & Specialization name to our mail id :
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or
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