OM0013 – ADVANCED PRODUCTION AND OPERATIONS MANAGEMENT

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ASSIGNMENT

DRIVE	FALL 2015
PROGRAM	MBADS (SEM 3/SEM 5)MBAFLEX/ MBA (SEM 3) PGDOMN (SEM 1)
SUBJECT CODE & NAME	OM 0013 – ADVANCED PRODUCTION AND OPERATIONS MANAGEMENT
BK ID	B1935
CREDITS AND MARKS	4 CREDITS & 60 MARKS

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. Write short notes on:

a) World class manufacturing concept:Manufacturing has evolved considerably since the advent of industrial revolution. In current global and competitive age, it is very important for organization to have manufacturing practice which is lean, efficient, cost-effective and flexible.

World class

b) Job analysis method of improving productivity: A job analysis is a step-by-step specification of an employment position's requirements, functions, and procedures. Just as a seed cannot blossom into a flower unless the ground is properly prepared, many human resource management (HRM) practices cannot blossom into competitive advantage unless grounded on an adequate job analysis.

Job analysis also plays an

c)Siddal’s classification of design approaches: Managers must make choices about how to group people together to perform their work. Five common approaches — functional, divisional, matrix, team, and networking—help managers determine departmental groupings (grouping of positions into departments). The five structures are basic organizational structures, which are then adapted to an organization's needs. All five

d) Expert opinion poll: The opinion poll methods aim at collecting opinion of those who are supposed to possess knowledge of the market e.g. sales representative, professional marketing experts and consultants. The opinion poll method include

Expert opinion

Q. 2. Differentiate between infinite and finite loading. Explain sequencing. Mention the rules of sequencing.

Answer:The concept of infinite loading is to take everything that is scheduled, and load it into the work center to an infinite level without taking available capacity into consideration. The problem with this approach is that work

Q. 3. Write short notes on:

a) Alfred Weber’s theory on industrial location:Alfred Weber, a German economist, attempted to analyse the factors that influence industrial location. Before Weber, another German economist Launhardt gave the simple principle of industrial location based on minimum transport cost. Weber followed

b) Relationship between design capacity , system capacity and actual output: Capacity is the throughput or number of units a facility can hold, receive, store, or produce in a period of time. Design capacity is the theoretical maximum output of a system in a given period under ideal conditions.

c) Aggregate planning process:Aggregate planning is an operational activity that does an aggregate plan for the production process, in advance of 2 to 18 months, to give an idea to management as to what quantity of materials and other resources are to be procured and when, so that the total cost of operations of the organization is kept to the minimum over that period.

The quantity of outsourcing,

d) Approaches to updating MRP:Material requirement planning (MRP) is a computer-based information system designed to handle ordering and scheduling of dependent-demand inventories (e.g., raw materials, component parts, and subassemblies).Material requirement planning is as much a philosophy as it is a technique, and as

Q . 4. What is purchasing? Briefly explain the purchasing procedure.

Answer:Purchasing refers to a business or organization attempting to acquiring goods or services to accomplish the goals of its enterprise. Though there are several organizations that attempt to set standards in the purchasing process,

Q. 5. Calculate the EOQ. Analyse if EOQ has helped ABC in managing inventory.

Answer:Calculation of EOQ: Economic order quantity (EOQ) is the order quantity of inventory that minimizes the total cost of inventory management.

situation that led to the use of the EOQ model:Ordering costs and carrying costs are quite opposite to each other. If we need to minimize carrying costs we have to place small order which increases the ordering costs. If we want minimize our ordering costs we have to place few orders in a year and this requires placing large orders which in turn increases the total carrying costs for the period.

We need to minimize the total inventory costs

Q. 6. Write short notes:

a) Plan-Do-Check-Action(PDCA) cycle: PDCA (plan–do–check–act or plan–do–check–adjust) is an iterative four-step management method used in business for the control and continuous improvement of processes and products. It is also known as the Deming circle/cycle/wheel, Shewhart cycle,

b) Quality circles: A quality circle is a group of workers who do the same or similar work, who meet regularly to identify, analyze and solve work-related problems. Normally small in size, the group is usually led by a supervisor or manager and presents its solutions to management; where possible, workers implement the

c) Objectives of JIT: Just-In-Time (JIT) manufacturing is a process by which companies don’t keep lots of excess inventory; instead, they manufacture a product as an order comes in. It is a management philosophy of continuous and forced problem solving.

The objective of JIT manufacturing system is to:

·         Eliminate waste that is, minimise the amount of equipment, materials, parts, space, and worker’s time, which adds a

d) Maintenance management system: Computerized maintenance management system (CMMS) is also known as computerized maintenance management information system (CMMIS).

A CMMS software package maintains a computer database of information about an organization’s maintenance operations, i.e. CMMIS – computerized maintenance management information system. This information is intended to help maintenance workers do their jobs more effectively (for example, determining which machines require maintenance and which storerooms contain the spare parts they need) and to help

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