MASTER OF BUSINESS ADMINISTRATION (MBA) SEMESTER II
SESSION : JULY - AUG 2024
DMBA201 – PRODUCTION AND OPERATIONS MANAGEMENT
Assignment Set – 1
Q1. a. Explain the functions of Production Planning and Control
b. Organizations adopt differentiation strategy. Explain.
Answer:
a. Functions of Production Planning and Control : Production Planning and Control (PPC) ensures smooth and efficient production to meet market demands. The main functions of production planning are estimating, routing, and Contact us to get full Answers
Q2. a. Explain the basic competitive priorities considered while formulating a firm's operations strategy.
b. What are the factors to be considered when selecting a forecasting method? Explain briefly.
Answer:
a. When formulating an operations strategy, firms consider several fundamental competitive priorities to establish their market position and align their operations with organizational Contact us to get full Answers
Q3. a. What are the factors to be considered while developing layout for manufacturing facilities?
b. Explain the important factors that improve product quality.
Answer:
a. When developing layouts for manufacturing facilities, several factors must be carefully considered to ensure efficiency, productivity, and adaptability. The primary goal is to facilitate smooth operations and achieve the desired output while considering potential future expansions. Key factors include: Contact us to get full Answers
Capacity Requirements:
Assignment Set – 2
Q4.a. What is physical modelling of business? Explain briefly.
b. Explain five dimensions of project management.
Answer:
a. Physical modelling of business refers to the process of designing a database that meets the specific requirements of a business. It focuses on translating logical process models into relational models by defining database objects like tables, entities, and Contact us to get full Answers
Q5. a. Explain risk management and its various components.
b. What are the objectives of Supply Chain Management?
Answer:
a. Risk management is a systematic process to identify, evaluate, and address risks that could negatively impact a project. Effective risk management ensures the project proceeds smoothly by mitigating potential Contact us to get full Answers
Q6. a. Why is value analysis conducted? List the benefits of value engineering.
b. Discuss the concept of 5S with reference to Just-In-Time.
Answer:
a. Value analysis (or Value Engineering, VE) is a systematic approach used to minimize costs and improve the revenue of products or operations. Initially developed during World War II by General Electric, it is now widely Contact us to get full Answers
