BBA 501-PRODUCTION

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DRIVE

Spring 2017

PROGRAM

BBA

SEMESTER

V

SUBJECT CODE & NAME

BBA 501-PRODUCTION

1 Write short notes on:

a. Production Management

b. Objectives of Operations Management

c. Reverse Engineering

d. Production Planning and Control

Answer: a) Production Management

The domain of Production and Operations Management (POM) is not only limited to the production of goods and services, but it also comprises all the activities that are related to the process of production. The term ‘production’ is applicable to entities like manufacturing units, machinery, equipment, assembly lines, etc. Fundamentally, it is linked to manufacturing. In the past, focus was on manufacturing management, which

2 What is the purpose of sales forecasting? Explain following methods of time series analysis for forecasting:

a. Simple average method

b. Moving average method

c. Exponential smoothing

d. Trend projections

Answer: Purpose of Sales Forecasting

The essentiality and significance of sales forecasting can be summarized as follows:

(i)                 It determines the scale of production and its rate.

(ii)               It lays a base for a variety of budgets like production, labour, material, etc.

(iii)             It provides inputs on the need

(iv)              

(v)                

3 What do you mean by Operation Strategy? Discuss various operations strategies in services.

Meaning of Operation Strategy

Operation strategies in services

Answer: Meaning of Operations Strategy

Strategy means a planned methodology to complete a given job. Since we are talking about business strategy, we mean to adopt and execute all skills, techniques and procedures for achieving the aims and objectives of the corporate body. Broadly speaking, the first step is to identify the objective and formulate the policy plan. The next step is to collect the resources and do all that is necessary to convert the plan into reality. Business strategy means to plan and execute the working culture of all the units and departments for the

4 Define materials management and state its importance and functions.

Definition of material Management

Importance of Material management

Functions of Material management

Answer: Definition of Materials Management

Materials management can be defined as controlling, organizing and managing materials/stock so that it guarantees the maximum return for a business. It involves determining the purchase, location, storage, account-keeping and transportation of stock (planning of moving stock through various processes of manufacturing, warehouses and

5 What is PERT? Explain the applications and advantages of PERT.

Definition of PERT

Application of PERT

Advantages of PERT

Answer: PERT or project evaluation and review technique was developed for the US Navy’s Polaris missile project in the late 1950s. This was a massive project involving over 3,000 contractors. Because most of the activities had never been done before, PERT was developed to handle uncertain time estimates of the various jobs or activities

Q6. Define Work Measurement and state its objectives and techniques.

Definition of Work Measurement.

Objectives of Work Measurement

Techniques of Work Measurement.

Answer:

Work Measurement is a technique to find out the time required to do any activity at a predetermined level of performance by a qualified worker. In other words, it is a technique to develop time standards for the

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Send your semester & Specialization name to our mail id :

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(Prefer mailing. Call in emergency )