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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:Leanmanufacturingorleanproduction,oftensimply"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").Workingfromthe perspectiveof 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:
AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-
SCHOOL
b) Global Strategies for Hospitality services
Answer:In many countries, where tourism has become a major export industry, the hospitality
sectoris 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
largesttradersof foreigncurrency.Itis often also a focal point for local society, and is clearly at the
c) Material Requirements Planning
Answer:Material requirementsplanning (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:Processselectionreferstothe strategicdecisionsof selectingthe kindof productionprocess
to have in a manufacturing plant. The process flow in an organization refers to how a factory
organizesmaterial flow usingone ormore of the processtechnologiesincluding the job shop, batch
shop,assemblyline,andcontinuousflows.The processchosendependsonthe 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
involvedinmovingaproductor service fromsuppliertocustomer.Supplychainactivitiesinvolvethe
transformationof natural resources, raw materials, and components into a finished product that is
deliveredto 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 developmentof projectmanagementhasalwaysbeeninparallel tothe developmentof
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
processworkingtogether 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 ison total systemperformance,notonlocalized measures such as labor or
machine utilization.
Q.7) Discuss the essence Quality Management in Focus On six Sigma? (10 Marks)
Answer:Total qualitymanagementismanagingthe entire organizationsoitexcelsonall dimensions
of productsandservicesthatare importanttothe customer.Intoday'scompetitive 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:Manycompaniesadopta businessprocessknown as sales and operations planning (S&OP)
to strike a balance betweenthe demandandsupplysothat the costs of the resources is minimised.
The plan aids to solve the problems related to customer satisfaction, inventories stock, timely
shipments,fingerpointingatothers,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

Operations management

  • 1.
    Dear students getfully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601 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:Leanmanufacturingorleanproduction,oftensimply"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").Workingfromthe perspectiveof 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: AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B- SCHOOL
  • 2.
    b) Global Strategiesfor Hospitality services Answer:In many countries, where tourism has become a major export industry, the hospitality sectoris 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 largesttradersof foreigncurrency.Itis often also a focal point for local society, and is clearly at the c) Material Requirements Planning Answer:Material requirementsplanning (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:Processselectionreferstothe strategicdecisionsof selectingthe kindof productionprocess to have in a manufacturing plant. The process flow in an organization refers to how a factory organizesmaterial flow usingone ormore of the processtechnologiesincluding the job shop, batch shop,assemblyline,andcontinuousflows.The processchosendependsonthe 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 involvedinmovingaproductor service fromsuppliertocustomer.Supplychainactivitiesinvolvethe transformationof natural resources, raw materials, and components into a finished product that is deliveredto 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,
  • 3.
    transported, marketed andsold. 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 developmentof projectmanagementhasalwaysbeeninparallel tothe developmentof 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 processworkingtogether 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 ison total systemperformance,notonlocalized measures such as labor or machine utilization. Q.7) Discuss the essence Quality Management in Focus On six Sigma? (10 Marks) Answer:Total qualitymanagementismanagingthe entire organizationsoitexcelsonall dimensions of productsandservicesthatare importanttothe customer.Intoday'scompetitive 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:Manycompaniesadopta businessprocessknown as sales and operations planning (S&OP) to strike a balance betweenthe demandandsupplysothat the costs of the resources is minimised. The plan aids to solve the problems related to customer satisfaction, inventories stock, timely shipments,fingerpointingatothers,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 ”
  • 4.
    or Call us at: 08263069601