This document provides an assignment for an Operations Management course. It includes 6 questions worth a total of 60 marks. The questions cover topics like inventory management, engineering service processes, types of demand, operations strategy, Markov analysis, and factors influencing decision making. Students are instructed to provide concise answers using keywords and specific examples for full marks. Answers for 10 mark questions should be approximately 400 words.

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ASSIGNMENT
DRIVE SPRING 2014
PROGRAM MBADS (SEM 3/SEM 5)
MBAFLEX/ MBAN2 (SEM 3)
PGDOMN (SEM 1)
SUBJECT CODE & NAME OM 0010 - OPERATIONS MANAGEMENT
BK ID B1934
CREDITS & MARKS 4 CREDITS AND 60 MARKS
Q.No Criteria Marks Total Marks
1 What are the objectives of inventory management? Explain the types of inventory
A Explanation of objectives
Explanation of types of inventory
5
5
10
2 Explain the steps in engineering service process.
A Explanation of steps in engineering service
process
10 ( 2.5 marks for
each step)
10
3 Explain the various types of demand.
A Explanation of various types of demand 10 ( 2 marks for each
demand)
10
4 Define operations strategy . What are the factors influencing operations strategy?
explain the types of operations strategy.
A Definition of operations strategy
Description of factors influencing operations
strategy
Explanation of the types of operations strategy
2
4(1 mark for each
factor)
4(1 mark for each
type of strategy)
10
5 What is Markov analysis? Give some important applications of Markov analysis.
A Explanation of Markov analysis
Assumptions of Markov analysis
Characteristics of Markov analysis
Important applications of Markov analysis.
1
2
3
4
10
6 State the factors influencing decision making.
A Description of various factors influencing
decision making(including clarification how
each factor influences decision making)
10 10
*A-Answer

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Note –Please provide keywords, short answer, specific terms, specific examples and marks
break - up (wherever necessary)
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.
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