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Name :
Marks : 80
Course : Graduate Programme in
Management Studies (GMS)
Subject : Operations Management
Answer
the following question.
Q1.
What is the logic of Taguchi methods?
Answer: Design Of Experiments (DOE) is a powerful statistical technique introduced by R. A. Fisher in England in the 1920's to study the effect of multiple variables simultaneously. In his early applications, Fisher wanted to find out how much rain, water, fertilizer, sunshine, etc. are needed to produce the best crop. Since that time, much development of the technique has taken place in the academic environment, but did help generate many applications in the production floor.
As a researcher in Electronic Control
Q2.
Define the terms “Qualitative Methods”, “Trend Analysis Method (Time Series
Method), and “Causal Forecast”. Describe the uses of them.
Answer: Qualitative Methods:Qualitative Research is primarily exploratory
research. It is used to gain an understanding of underlying reasons, opinions,
and motivations. It provides insights into the problem or helps to develop
ideas or hypotheses for potential quantitative research. Qualitative Research
is also used to uncover trends in thought and opinions, and dive deeper into
the problem. Qualitative data collection methods vary using unstructured or
semi-structured techniques. Some common methods include focus groups (group
discussions), individual interviews, and participation/observations. The sample
Q3.
Magusa Metal Works produces cast bronze valves on an assembly line. On a recent
day, 160 valves were produced during an 8-hour shift. Calculate the
productivity of the line
Answer:
Q4.
What is Test marketing?
Answer: To every marketing executive, the necessity and value of test marketing are often murky issues. The problem is partly that new products aren’t developed and put through their paces in a systematic enough way to let marketing men know when a test market is really in order. Compounding this difficulty is that the goals of test marketing are sometimes unclear and that the information, once gathered, is often
Q5.
How does productivity measurement differ between manufacturing 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
Q6.
What are the major components of a production system? Give two examples.
Answer: Production can be explained as an act of either manufacturing or mining or growing of goods (commodities) generally in bulk for trade.
Production is a method employed for making or providing essential goods and services for consumers. It is a process that puts intangible inputs like ideas, creativity, research, knowledge, wisdom, etc. in use or action. It is a way
Q7.
The Cool-Tech Co. produces various types of fans. In May, the company produced
1728 window fans at a standard price of 40 MU. The Co. has 12 direct labour
employees whose compensation (including wages and fringe benefits) amounts to
21 MU/hour. During May, window fans were produced on 9 working days 9of 8 hours
each), and other products were produced on other days.
a.
Determine the productivity of the window fans.
Answer: Solutions
Q8.
What do you mean by the term Physical Distribution? Explain briefly the nature
& importation in the sphere of physical distribution.
Answer: Physical distribution is the group of activities associated with the
supply of finished product from the production line to the consumers. The
physical distribution considers many sales distribution channels, such as
wholesale and retail, and includes critical decision areas like customer
service, inventory, materials, packaging,
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