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NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Operations Management
Internal Assignment Applicable for April 2021 Examination
Assignment Marks: 30
- Discuss the various inventory management/control techniques prevalent in the industry. Discuss how some of these techniques would be applicable to a organization in the FMCG sector for effective management of their inventories; i.e soaps, household supplies, etc (you can assume inventories of your choice to explain). (10 Marks)
- List and explain in brief the various types of plant layout concepts in operations management, highlighting the objective, considerations of a good layout design. Give examples on where each of these types can be employed respectively. Briefly explain a layout for a Retail store operations
(10 Marks)
- Assume you are a part of the Operations team in an automobile manufacturing setup. You are also working in coordination with other departments. Discuss the following aspects of the operations of your organization
- Define Quality & list and discuss in brief the various dimensions of quality in operations
(5 Marks)
- Discuss the concept of EOQ in brief. Using the data below, find EOQ, and the reorder point. Annual Demand: 15,000 units; Weeks Operating: 50 weeks/year; Ordering Costs: Rs. 60/order & Holding Costs: Rs. 7/unit/year; Lead-Time: 5 weeks & Safety Stock: 250 units
(5 Marks)
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