BBA 501- PRODUCTION AND OPERATIONS MANAGEMENT

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ASSIGNMENT

 

DRIVE Fall 2015
PROGRAM BBA
SEMESTER V
SUBJECT CODE & NAME BBA 501- PRODUCTION AND OPERATIONS MANAGEMENT
BK ID B1849
CREDIT & MARKS 4 CREDITS & 60 MARKS

 

 

Note –Please provide keywords, short answer, specific terms, specific examples and marksbreak – up (wherever necessary)

 

Note –Answer all questions. Kindly note that answers for 10 marks questions should beapproximately of 400 words. Each question is followed by evaluation scheme.

 

 

Question.1. Write short notes on :

 

Scope of production management

 

Answer:“Production Management is the process of effective planning and regulating the operations of that section of an enterprise which is responsible for the actual transformation of materials into finished products.” This definition limits the scope of production management to those activities of an enterprise which are associated with the transformation process of inputs into outputs. & the definition does not include the human factors

 

 

 

Question.2. What are the steps in product selection and development

 

Answer:When teams collaborate in developing new innovations, having the following eight ingredients mixed into your team’s new product developmental repertoire will ensure that it’s overall marketability will happen relatively quick, and accurately — making everyone productive across the board.

 

Step 1: Generating

 

Utilizing basic internal and external SWOT analyses, as well as current marketing trends, one can distance themselves from the competition by generating ideologies which take affordability, ROI and widespread distribution costs into account.

 

 

 

Question.3. Discuss the main functions of production planning and control.

 

Answer:Some of the important functions of production planning and control are listed below:

 

  1. Materials Function:Raw materials, finished parts and bought out components should be made available in required quantities and at required time to ensure the correct start and end for each operation resulting in uninterrupted production. The function includes the specification of materials (quality & quantity) delivery dates, variety reduction (standardisation) procurement and make or buy decisions.

 

  1. Machines and Equipment:This function is related

 

 

 

 

Question.4. Describe the major steps of the purchasing procedure.

 

Answer:Management in any company must understand the art of obtaining products and services. The procurement cycle follows specific steps for identifying a requirement or need of the company through the final step of the award of the product or contract. Responsible management of public and corporate funds is vital when handling this necessary process, whether in strong or weak economic markets. Following a proven step-by-step technique will help management successfully achieve its goals.

 

Step 1: Need Recognition

 

 

 

 

 

 

Question.5. Explain any TEN factors that affect decisions regarding the choice of location

 

Answer:Units concerning both manufacturing as well as the assembling of the products are on a very large scale affected by the decisions involving the location of the plant. Location of the plant itself becomes a very important factor concerning service facilities, as the plant location decisions are strategic and long-term in nature.

 

Plant location decisions need detailed analysis because:

 

  1. Wrong plant location generally affects cost parameters i.e. poor location can act as a continuous stimulus of higher cost. Marketing, transportation, quality, customer satisfaction are some of the other factors which are greatly influenced by the plant location

 

 

 

 

 

 

 

Question.6. Describe the techniques of work measurement.

 

Answer:International Labour Organization(ILO) defined work measurement as ‘die application of techniques designed to establish the work content of a specified task by determining the time required for carrying it out at a defined standard of performance by a qualified worker’. Conventionally, it is known as time study, which is primarily carried out to determine the standard time required to perform a specific task. Such time standards are used for planning and scheduling work, for cost estimating or for labour cost control. Otherwise

 

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