Thursday, 22 June 2017

OM 0013 – ADVANCED PRODUCTION AND OPERATIONS MANAGEMENT

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DRIVE
Spring 2017
PROGRAM
MBA
SEMESTER
III
SUBJECT CODE & NAME


OM 0013 – ADVANCED PRODUCTION AND OPERATIONS MANAGEMENT

1 Differentiate between the concept of production management and operations management.
A
v Concept of production management.
v Concept of operations management.
v Difference between production management and operations management
Answer:
Production management and operations management are management jargon that needs to be simplified for those who are

2 Explain the meaning and characteristics of a product.
Meaning of a Product
Characteristics of a Product

Answer: Product is one of the important elements of marketing mix. A marketer can satisfy consumer needs and wants through product. A product consists of both good and service. Decisions on all other elements of marketing mix depend on product. For example, price is set for the product; promotional


3 Define the Process of Production Planning and Control
Process of Production Planning and Control

AnswerProcess of Production Planning and Control
Planning phase: Planning is considered an efficient forecasting tool, which states how the objectives can be achieved and how a particular requirement can be fulfilled in the future. It has two categories of


4 What do you understand by the term ‘inventory’? Explain various types of inventories.
Meaning of Inventory
Types of Inventories

Answer: Inventory is an idle stock of physical goods that contain economic value, and are held in various forms by an organization in its custody awaiting packing, processing,

5 Explain the Process of Quality Control.
Process of Quality Control

AnswerProcess of quality control
1. Controlling engineering quality: It refers to the first step of quality control, in which product specifications are developed. This step involves various sub-steps, which are as follows:
a. Evaluating customer requirements to have a clear understanding of product quality objectives
b. Reviewing product

6 Write short notes on the following:
a. Alfred Weber’s theory of industrial location
b. Influence of government on industry location
c. Objectives of an effective plant layout
d. Factors affecting a plant layout

AnswerAlfred Weber’s theory of industrial location
Alfred Weber, a German economist, attempted to analyse the factors that influence industrial location. Before Weber, another German economist Launhardt gave the simple principle of industrial location based on minimum transport cost. Weber followed Launhardt's principle in his theory and made it more rigorous and analytical. Ever since then, his theory is being used in practice. Weber's main
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