MBA Assignments

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MBA Semester 2-SUMMER 2015
MB0044 - PRODUCTION AND OPERATION MANAGEMENT

Q1 Explain the elements or components of operations strategy.
List the six elements of operations strategy
Describe the six elements of operations strategy
Answer:
The six elements of operations strategy are:
1) Designing of the production system
2) Facilities for production and services
3) Product or service design and … Get complete Answers on www.smuHelp.com
Q2 Answer the following questions:
a. What is location decision sequence?
b. Which general factors influence the plant location decision?
Answer: a. Location decisions start from the national level, and move to the site level after moving through regional level and the community level. This means that, first the country of choice is to be selected, followed by regional choices and finally … Get complete Answers on www.smuHelp.com

Q3 Write short notes on:
Pareto analysis
Acceptance sampling
Juran's quality trilogy
Taguchi's quality loss function
Answer:
Pareto analysis: Pareto analysis is a tool for classifying problem areas according to the degree of importance and attending to the most important ones. Pareto principle, verbally stated as "vital few; trivial many" is also called as 80-20 rule, because … Get complete Answers on www.smuHelp.com

Q4 Answer the following questions:
a. Define project management.
b. What are the major characteristics of a project mindset?
c. What are the advantages of Gantt chart?
Answer:
a. Explain the term "project management":
"Project management is the complete set of tasks, techniques, and tools applied during project execution." – DIN 69901 (German Organisation for Standardisation)
"Project management is the application of knowledge, skills, tools, and techniques to project activities to meet project … Get complete Answers on www.smuHelp.com

Q5 Answer the following questions:
a. What are the steps involved in developing an aggregate plan?
b. Explain the various types of pure strategies used in aggregate planning.
Answer:
a. List the steps involved in developing an aggregate plan:
The following steps are involved in developing an aggregate plan:
1. Start with a forecast for each product that indicates the quantity to be produced during each time period.
2. Combine the individual … Get complete Answers on www.smuHelp.com

Q6 Answer the following questions:
a. Explain the classification of scheduling strategies.
b. List the distinctive differences between the scheduling followed for manufacturing and services
Answer:
a. List and explain the classification of scheduling strategies:
Following are the classifications:
Detailed scheduling: All job orders from customers are scheduled to the last details. This may not be practical in case disruptions are … Get complete Answers on www.smuHelp.com