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MS-5
MANAGEMENT PROGRAMME
ASSIGNMENT
SECOND SEMESTER
(JULY TO DECEMBER)
2020
MS-5: MANAGEMENT OF MACHINES
AND MATERIALS
School of Management Studies INDIRA GANDHI NATIONAL OPEN UNIVERSITY MAIDAN GARHI, NEW DELHI – 110 068
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| ASSIGNMENT | ||
| Course Code | : | MS-5 |
| Course Title | : | Management of Machines and Materials |
| Assignment No. | : | MS-5/TMA/Sem-II/2020 |
| Coverage | : | All Blocks |
Note: Attempt all the questions and submit this assignment to the Coordinator of your Study Centre on or before 31st October, 2020.
- “Operations Management is essentially a function concerning decision-making with respect to a production / operation system so as to render the necessary customer satisfaction at lowest cost.” Comment on the statement.
- What do you understand by the term capacity? Explain the process for capacity planning.
- “Work measurement is concerned with the determination of the amount of time required to perform a unit of work”. Explain the work measurement procedure and techniques in brief.
- What is mass production? Explain its nature. Explain when one has to go for mass production.
- Why is store accounting important for a firm? Discuss various systems that may be followed and their impact on product pricing.
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