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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
(c) Basic ingredients of strategic plans (elements of operations strategy): –
Answer: –
- Communication Strategy – The development of a communication strategy is essential for the effective development and implementation of a strategic plan
- Strategic Planning Task Force – The development of a core team of organizational leaders is mandatory in the effective creation of a strategic plan.
- 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: –
- Understanding: Do I know what to do, how to do it, and is the system response clear.
- 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
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
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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