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National Institute
of Business
Chennai - 020
EMBA/
MBA
Elective: Production
Management (Part -2)
Attend any 4 questions. Each question carries 25 marks
(Each answer should be of minimum 2 pages / of 300 words)
Q. 1. Describe the differences between Manufacturing
Operations and Service Operations.
Answer:Service and manufacturing
operations have differences, but also similarities. For example, both create
mission statements and a vision for how the organization will be run and
perceived by customers. Each provider or manufacturer wants to lead the market
in its specific industry. However, manufacturing and service operations answer
different questions and formulate different strategies when it comes to
planning and managing the way in which an organization is run.
Characteristics: Manufacturing
operations produce tangible goods, which are physical products that can be held
and seen. Manufacturing can be broken down into two branches: process and
discrete manufacturing. While process manufacturers produce goods that
typically use a formula and ingredients, such as soda pop or pharmaceutical
drugs,
Q. 2. Explain criteria Performance for a
Production Management System.
Answer:Three objectives or criteria of
performance of the production and operations management system are
1.
Customer satisfaction
2.
Effectiveness
3.
Efficiency
This
is not difficult to imagine because modern production and operations management
has to serve the so-called target customers, the people working within, as also
the
Q. 3. Explain the various product
development techniques adopted by different organizations.
Answer:The dynamics of markets,
technology, and competition have brought changes to virtually every market
sector and have made new product development one of the most powerful business
activities. The monumental changes that constantly impact commerce have forced
companies to innovate with increasing speed, efficiency, and quality. In turn,
this has made new product development one of the most complex and difficult
business functions. However, firms must innovate in order to survive. The power
of innovation
Q. 4. Explain the factors affecting job
Design.
Answer: A well defined job will make
the job interesting and satisfying for the employee. The result is increased
performance and productivity. If a job fails to appear compelling or
interesting and leads to employee dissatisfaction, it means the job has to be
redesigned based upon the feedback from the employees.
Q. 5. Explain the activities involved in
production planning and control in an industry in advance of actual production.
Answer: Production planning is an
activity that is performed before the actual production process takes place. It
involves determining the schedule of production, sequence of operations,
economic batch quantities, and also the dispatching priorities for sequencing
of jobs. Production control is mainly
involved in implementing production schedules and is the corollary to
short-term production planning or scheduling. Production control includes
Answer:Some of the most important techniques
of inventory control system are:
1. Setting up of various stock levels. To
avoid over-stocking and under stocking of materials, the management has to
decide about the maximum level, minimum level, re-order level, danger level and
average level of materials to be kept in the store.
25
x 4=100 marks
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call
us at : 08263069601
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