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AEREN
FOUNDATION’S Maharashtra Govt. Reg.
No.: F-11724
SUBJECT:- OPERATIONS MANAGEMENT
Total
Marks: 100
N. B.: 1)All questions carries equal
marks.
2)All Questions are Compulsory.
Q.1) Write Short Notes : (30 Marks)
a) Lean Production
Answer:Lean manufacturing or lean production, often simply "lean", is
a systematic method for the elimination of waste ("Muda") within a
manufacturing system. Lean also takes into account waste created through
overburden ("Muri") and waste created through unevenness in work
loads ("Mura"). Working from the perspective of the client who
consumes a product or service, "value" is any action or process that
a customer would be willing to pay for.
The ten rules of lean production can be
summarized:
b) Global Strategies for Hospitality
services
Answer:In many countries, where tourism has become a major export industry, the
hospitality sector is the focal point for concepts of globalization to take
root. Indeed, tourism has become the world¹s largest export industry, involving
as it does enormous cross-border flows of people and capital. The hospitality
industry is one of the world¹s largest employers and arguably one of the
largest traders of foreign currency. It is often also a focal point for local
society, and is clearly at the
c) Material Requirements Planning
Answer:Material requirements planning (MRP) is a production planning,
scheduling, and inventory control system used to manage manufacturing
processes. Most MRP systems are software-based, while it is possible to conduct
MRP by hand as well.
An MRP system is intended to simultaneously
meet three objectives:
·
Ensure
materials are available for production and products are available for delivery
to
Q.2) Explain Briefly the process Analysis
of Manufacturing Process Selection andDesign? (10 Marks)
Answer:Process selection refers to the strategic decisions of selecting the kind
of production process to have in a manufacturing plant. The process flow in an
organization refers to how a factory organizes material flow using one or more
of the process technologies including the job shop, batch shop, assembly line,
and continuous flows. The process chosen depends on the customization of the
Q.3) Define Supply Chain Strategy and
Explain its feature and nature? (10 Marks)
Answer:A supply chain is a system of organizations, people, activities,
information, and resources involved in moving a product or service from
supplier to customer. Supply chain activities involve the transformation of
natural resources, raw materials, and components into a finished product that
is delivered to the end customer. In sophisticated supply chain systems, used
products may re-enter the supply chain at any point where residual value is
recyclable. Supply chains link value chains.
Q.4) Distinguish between goods and
services. What are the challenges faced byServices marketers? (10 Marks)
Answer:There is a major difference between goods and services based on both
tangible as well as intangible factors. Goods are basically objects or products
which have to be manufactured, stored, transported, marketed and sold. Lays
chips, BMW, Adidas are some companies manufacturing goods.
Services on the other hand are output of
individuals and they can be a collective or individualistic
1) Generating Awareness and Driving Traffic
Q.5) Discuss the features and nature of
Project Management? (10 Marks)
Answer:The development of project management has always been in parallel to the
development of general trends in worldwide economics. The 1990’s were all about
globalisation; the 2000’s are about velocity and close to the edge of a new
decade in which the world maybe has to face an
Q.6) Explain in brief the Synchronous
Manufacturing and Theory of Constraints?(10 Marks)
Answer:According to Dr.Goldratt, synchronous manufacturing refers to the entire
production process working together in harmony to achieve the goals of the
firm. Synchronous manufacturing logic attempts to coordinate all resources so
that they work together and are in harmony or are "synchronized." The
goal is on total system performance, not on localized measures such as labor or
machine utilization.
Q.7) Discuss the essence Quality Management
in Focus On six Sigma? (10 Marks)
Answer:Total quality management is managing the entire organization so it excels
on all dimensions of products and services that are important to the customer.
In today's competitive marketplace, the production and delivery of high-quality
goods and services is a key element of any organization's success. Quality can
be used as a competitive advantage or a strategic weapon for an organization.
Q.8) What is Aggregate Sales and Operations
Planning? (10 Marks)
Answer:Many companies adopt a business process known as sales and operations
planning (S&OP) to strike a balance between the demand and supply so that
the costs of the resources is minimised. The plan aids to solve the problems
related to customer satisfaction, inventories stock, timely shipments, finger
pointing at others, cash-flow glitches, demand and supply etc. through
execution
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
“
help.mbaassignments@gmail.com ”
or
Call
us at : 08263069601
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