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Project management 3rd sem - smu mba solved assignments
Bba501 & production and operations management
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Assignment
DRIVE FALL 2014
PROGRAM BBA
SEMESTER V
SUBJECT CODE & NAME BBA501 & PRODUCTION AND OPERATIONS
MANAGEMENT
BK ID B1849
CREDIT & MARKS 4 CREDITS & 60 MARKS
Q.1 Write short notes on:
(a) Production process
Answer: - The production process is concerned with transforming a range of inputs into those outputs
that are required by the market. This involves two main sets of resources - the transforming resources,
and the transformed resources.
The transforming resources include the buildings, machinery, computers, and people that carry out the
transforming processes. The transformed resources are the raw materials and components that are
transformed into end products.
(b) Factors affecting operations management
Answer: -
Competition
Companies that do not jump quickly into a promising product or service market may be outmaneuvered
by their competitors.
Economy
2. (c) Basic ingredients of strategic plans (elements of operations strategy): -
Answer: -
1. Communication Strategy – The development of a communication strategy is essential for the
effective development and implementation of a strategic plan
2. Strategic Planning Task Force – The development of a core team of organizational leaders is
mandatory in the effective creation of a strategic plan.
3. Vision Statement – An
(d) Grass roots method of forecasting: -
Answer: - Forecasts are vital to every business organization and for every significant management
decision. While a forecast is never perfect due to the dynamic nature of the external business
environment, it is beneficial for all levels of functional planning, strategic planning, and budgetary
planning. Decision-makers use forecasts to make many important decisions regarding the future
direction of the organization.
Q.2 What are the characteristics of a good design?
Answer: - Characteristics of a good design: -
1) Understanding: Do I know what to do, how to do it, and is the system response clear.
2) Meaning: Are the functions of the system meaningful to me, my life and to my cultural context.
Q.3 Elaborate on the Continuous Production System (CPS).
Answer: -Explanation of the CPS: - Continuous production is a flow production method used to
manufacture, produce, or process materials without interruption. Continuous production is called a
continuous process or a continuous flow process because the materials, either dry bulk or fluids that are
being processed are continuously in motion, undergoing chemical reactions or subject to mechanical or
heat treatment. Continuous processing is
3. Q.4 Write short notes on:
Answer: - (a) Various methods of purchasing: - There are several ways that you can make a purchase:
Purchasing card
Request for Payment
Purchase orders
When to Use the Different Methods of
(b)Supply Alliance: - A Supply Alliance is a business relationship between a buyer and supplier. They
both focus on achieving continuous improvements while squeezing cost out. These alliances put major
emphasis on the inflow of innovation from the supplier partner and fostering a relationship based upon
mutual trust and the pursuit of common goals.
The primary benefits of a supply alliance include:
Lower Total Costs: Synergies can be created
(c)Human Resource Planning (HRP): - The ongoing process of systematic planning to achieve optimum
use of an organization's most valuable asset - its human resources. The objective of human resource
(HR) planning is to ensure the best fit between employees and jobs, while avoiding manpower shortages
or surpluses. The three key elements of the HR
(d) Matrix project: - The project provides a confidential, flexible and responsive service to those working
in the sex industry and operates an outreach service within the red light district in Norwich, on variable
evenings. The Matrix also works with
Q.5 List the general principles of layout planning. List the objectives of maintenance management.
Answer: - General principles of layout planning: -
Preliminary Development Layout: - The Guidelines are intended to be a general guide. It is
appreciated that there will often be circumstances where alternative layout proposals from
Consultants may be considered by Council on their merits. In relation to Roads and Streets,
Council has adopted the Goals and Objectives of Queensland Streets for Design Guidelines
(Queensland Streets). Council has also
4. Q.6 What are the major costs of quality. List the characteristics of quality.
Answer: - Major costs of quality: - It’s a term that’s widely used – and widely misunderstood.The “cost
of quality” isn’t the price of creating a quality product or service. It’s the cost of NOT creating a quality
product or service.
Every time work is redone, the cost of quality increases. Obvious examples include:
The reworking of a manufactured item.
The retesting of an assembly
The rebuilding of a tool
The correction of a bank statement
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