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ASSIGNMENT
DRIVE FALL 2016
PROGRAM MBA
SEMESTER II
SUBJECT CODE & NAME MB0044 - PRODUCTION AND OPERATION MANAGEMENT
BK ID B1627
CREDITS&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.
Question. 1. Write Short notes on
a. Material control and material handling
Answer: Material control is the main component of the process of material management.
Material control referstothe management function concerned with acquisition, storage, handling
and use of materialssoas to minimise wastageandlosses,derive maximum economy and establish
responsibilityforvariousoperationsthroughphysical checks, record keeping, accounting and other
devices. ”
b. Labour Productivity
Answer: Labour productivity is concerned with the amount (volume) of output that is
obtained from each employee.
Why does measuring and monitoring labour productivity matter?
 Labour costs are usually a significant part
c. Personnel Productivity
Answer: Increasing collaboration. Networking anywhere, anytime.
Nobody stays at their desk, their office or even in town anymore. Workers today are mobile
and business is conducted collaboratively. Whether they are in the same room or working
remotely, colleagues need to
d. Strategic decision making
Answer: One of the essential parts of creating and running a small business is creating a
mission or vision for the business and a set of goals the company aims to achieve. Strategic
decision making, or
Question. 2. What do you mean by Operation Strategy? Explain
various elements or components of Operations Strategy.
Answer: Companies and organizations making products and delivering, be it for profit or not for
profit,relyona handful of processestoget their products manufactured properly and delivered on
time. Each of the process acts as an operation for the company. To the company this is essential.
That is why managers find operations management more appealing. We begin this section by
looking at what operations actually are. Operations strategy is to provide an overall direction that
serves the framework for carrying out all the
Question. 3. Describe following dimensions of quality with
appropriate examples.
a. Quality of design
Answer:Quality of design is the quality which the producer or supplier is intending to offer to the
customer. When the producer is making the quality of design of the product, he should take into
consideration the customer's requirements in order to satisfy them with fitness for use of the
product.If the quality of design does not reflect the
b. Conformance to design
Answer:Qualityof conformance isthe level of the qualityof productactuallyproducedanddelivered
through the production or service process of the organization as per the specifications or design.
When the quality of a product entirely conforms to the specification (design), the quality of
conformance is deemed excellent.
Specifications are targets and tolerances
c. Utilisation conditions
Answer:If market demand grows, capacity utilization will rise. If demand weakens, capacity
utilizationwill slacken.Economists and bankers often watch capacity utilization indicators for signs
of inflation pressures.
It is often believed that when utilization rises above somewhere between 82% and 85%, price
inflation will increase.
d. After sales service
Answer:A sale is the first step to increasing your sales, not the last. Providing good after-sales
service shows your customers you want to build a long-term relationship with them, earn their
loyalty and keep their business.
Many successful businesses use after-sales
Question. 4. Discuss the importance of Plant Location. Point out
various factors Influencing Plant Location.
Answer:Locationplanningdecisionsare veryimportantforall typesof businessunits.Thisisbecause
it affectsthe cost,sellingprice,anddemandof the product.Itisa non-recurring heavy expenditure.
Large companiestake the helpof differentprofessionalslike lawyers,accountants,environmentalist,
etc. for selecting the proper location of plant.
Question. 5. Explain the risk management and its various
components.
Answer:Riskmanagementisthe identification,assessment,andprioritizationof risks(defined in ISO
31000 as the effect of uncertainty on objectives) followed by coordinated and economical
application of resources to minimize, monitor, and control the probability and/or impact of
unfortunate eventsortomaximize the realizationof opportunities. Risk management’s objective is
to assure uncertainty does not deflect the endeavor
Question. 6. Why redesign of layouts may be necessary?
List the differences between product and process layout.
Answer:Facility layout and design is an important component of a business's overall operations,
bothin termsof maximizingthe effectiveness of the production process and meeting the needs of
employees. The basic objective of layout is to ensure a smooth flow of work, material, and
information through a system. The basic meaning of facility is the space in which a business's
activitiestake place.The layoutanddesign of that space impact greatly how the work is done—the
flow of work, materials, and information through the system
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Mb0044 production and operation management

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency ) ASSIGNMENT DRIVE FALL 2016 PROGRAM MBA SEMESTER II SUBJECT CODE & NAME MB0044 - PRODUCTION AND OPERATION MANAGEMENT BK ID B1627 CREDITS&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. Question. 1. Write Short notes on a. Material control and material handling Answer: Material control is the main component of the process of material management. Material control referstothe management function concerned with acquisition, storage, handling and use of materialssoas to minimise wastageandlosses,derive maximum economy and establish responsibilityforvariousoperationsthroughphysical checks, record keeping, accounting and other devices. ” b. Labour Productivity Answer: Labour productivity is concerned with the amount (volume) of output that is obtained from each employee. Why does measuring and monitoring labour productivity matter?  Labour costs are usually a significant part
  • 2. c. Personnel Productivity Answer: Increasing collaboration. Networking anywhere, anytime. Nobody stays at their desk, their office or even in town anymore. Workers today are mobile and business is conducted collaboratively. Whether they are in the same room or working remotely, colleagues need to d. Strategic decision making Answer: One of the essential parts of creating and running a small business is creating a mission or vision for the business and a set of goals the company aims to achieve. Strategic decision making, or Question. 2. What do you mean by Operation Strategy? Explain various elements or components of Operations Strategy. Answer: Companies and organizations making products and delivering, be it for profit or not for profit,relyona handful of processestoget their products manufactured properly and delivered on time. Each of the process acts as an operation for the company. To the company this is essential. That is why managers find operations management more appealing. We begin this section by looking at what operations actually are. Operations strategy is to provide an overall direction that serves the framework for carrying out all the Question. 3. Describe following dimensions of quality with appropriate examples. a. Quality of design Answer:Quality of design is the quality which the producer or supplier is intending to offer to the customer. When the producer is making the quality of design of the product, he should take into consideration the customer's requirements in order to satisfy them with fitness for use of the product.If the quality of design does not reflect the
  • 3. b. Conformance to design Answer:Qualityof conformance isthe level of the qualityof productactuallyproducedanddelivered through the production or service process of the organization as per the specifications or design. When the quality of a product entirely conforms to the specification (design), the quality of conformance is deemed excellent. Specifications are targets and tolerances c. Utilisation conditions Answer:If market demand grows, capacity utilization will rise. If demand weakens, capacity utilizationwill slacken.Economists and bankers often watch capacity utilization indicators for signs of inflation pressures. It is often believed that when utilization rises above somewhere between 82% and 85%, price inflation will increase. d. After sales service Answer:A sale is the first step to increasing your sales, not the last. Providing good after-sales service shows your customers you want to build a long-term relationship with them, earn their loyalty and keep their business. Many successful businesses use after-sales Question. 4. Discuss the importance of Plant Location. Point out various factors Influencing Plant Location. Answer:Locationplanningdecisionsare veryimportantforall typesof businessunits.Thisisbecause it affectsthe cost,sellingprice,anddemandof the product.Itisa non-recurring heavy expenditure. Large companiestake the helpof differentprofessionalslike lawyers,accountants,environmentalist, etc. for selecting the proper location of plant.
  • 4. Question. 5. Explain the risk management and its various components. Answer:Riskmanagementisthe identification,assessment,andprioritizationof risks(defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate eventsortomaximize the realizationof opportunities. Risk management’s objective is to assure uncertainty does not deflect the endeavor Question. 6. Why redesign of layouts may be necessary? List the differences between product and process layout. Answer:Facility layout and design is an important component of a business's overall operations, bothin termsof maximizingthe effectiveness of the production process and meeting the needs of employees. The basic objective of layout is to ensure a smooth flow of work, material, and information through a system. The basic meaning of facility is the space in which a business's activitiestake place.The layoutanddesign of that space impact greatly how the work is done—the flow of work, materials, and information through the system Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 (Prefer mailing. Call in emergency )