Tuesday, 27 March 2018

OM 0010 - OPERATIONS MANAGEMENT


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DRIVE
Fall 2017
PROGRAM
MBA
SEMESTER
III
SUBJECT CODE & NAME
OM 0010 - OPERATIONS MANAGEMENT

1 Explain the concept of operation management. What are the elements of operations management?
A
 Concept of Operations Management
 Elements of Operations Management
Answer:
Operations management is defined as that activity whereby resources, flowing within a defined system, are combined and



2 Explain the process of operation research in detail. Write down different Applications of Operations Research.
A         Process of operation research         
            Applications of Operations Research.
Answer:

Process of operations research
Operations research provides an integrated framework for making various business decisions. Therefore, it is of utmost importance for an organization to have a clear understanding of this framework to solve various business problems.

The steps involved in

3. An organisation has three production centres P1, P2 and P3 that supply products to four warehouses W1, W2, W3 and W4. The monthly production capacities of the three production centres are 160, 150 and 190 units, respectively. The monthly demand of warehouses is 80, 90, 110 and 160 units, respectively. The transportation cost per unit (in rupees) is shown in following Table
Warehouses
W1
W2
W3
W4
Production Centres
P1
10
12
8
15
P2
12
14
18
9
P3
15
12
20
16
Discussion questions:
1. How many units should an organisation supply to warehouses so that the total transportation cost is minimised?
2. Calculate Total Transportation Cost

Answer: Construct the transportation cost matrix table, which is as follows:




4 Write Short notes on-       
·       Consumer Pricing Expectations Range
·       Autonomous and derived demand
·       SERVQUAL-Measuring Service Quality
·       Service Blueprint

Answer: Consumer pricing expectations range
Consumer Pricing Expectations Range (CPER) is a term, which is commonly used in demand forecasting. This term has two aspects, namely, consumer aspect and producer aspect. From the consumer’s


5. Solution for Sequence Problem is as follows
Job
1
2
3
4
5
6
Machine-1
9
7
8
6
8
12
Machine-2
4
5
3
6
2
5
Machine-3
12
10
8
9
15
11


Solution:
Job
1
2
3
4
5
6
Machine M1
9
7
8
6
8
12
Machine M2
4
5
3
6
2
5
Machine M3
12
10
8
9
15
11


Since any




6 Elaborate the replacement of equipment that deteriorates with time. What are the limitations of replacement models?
Replacement of equipment that deteriorates with time.
Limitations of replacement models.

Answer: Replacement of Equipment that Deteriorates with Time
When the operational efficiency of equipment goes on decreasing with the gradual passage of time, it is economical to replace the same with a new one. The replacement decisions for such equipment are taken based on the economic life cycle and monthly or annual operating costs of the

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Send your semester & Specialization name to our mail id :
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