World Class Operations - NMIMS Latest solved assignments

 

 

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World Class Operations

June 2021 Examination

 

 

1.      Quality Function Deployment is an important tool for the implementation of world class standards in operations. Briefly explain how QFD can be beneficial for a firm in service sector in achieving world class standards in operations? (10 Marks)

 

Answers 1.

 

Introduction

 

A business is made up of various elements to make its audience satisfied to stand among the top choices in the market. These days, the business’s primary goal should be to implement the organization’s product and service’s best quality management process. It leads to the updated version of attracting potential audiences over time. Moreover, it also analyzes the company’s need to bring up new techniques

 

 

 

2.      What are the three R’s in Business Process Re-engineering? Explain with suitable business example. (10 Marks) –

 

Answer 2.

Introduction:

Following up on the same process in every other project is considered obsolete in the current environment. It leads to outdated results from the given target value to be presented in the market. In such cases, redesigning the whole project gives us a chance to work to better the organization. It determines the value of an organization to increase with the ongoing upgrades in the processes. Every organization in every domain considers a change in their processes while working on the techniques to

3.a. You have been hired as a consultant to advice on the tools of World Class Operations. In this reference explain the concept of KANBAN as applied to manufacturing companies. –

Answer 3a.

Introduction:

The present organizations can be called servant leader organization. It leads to serving the audience with fundamental problem-solving skills, focusing on immense efforts to provide world-class services. Moreover, it is necessary to update with the changes that a modern consumer wants from your business.

3.b. As a consultant for World Class Operations explain the process of application of Design of Experiments in hospitality sector.

Answer 3b.

Introduction:

An organization always follows up with the systematic process to design their products and services for their audience. It is crucial to look up to the style of the process designed to promote the best quality to their customers. It will be an entirely new set of the process followed since the initial stage of planning.

 

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Warehouse Management - NMIMS Latest solved assignments

 

 

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Warehouse Management

 

 

1. You are appointed as a warehouse consultant for E commerce firm. To get competitive advantage in supply chain, top management of firm is planning to expand the existing warehouse. A suitable warehouse benefits firm to increase efficiency and revenue. Advice the firm various important factors while selecting location of warehouse.

Answer 1.

Introduction

Modern warehouses use increasingly advanced technology to minimise lead times and prices, enabling them to compete on price.At the local or global business level, warehouses are critical connections in a supply chain network. The quality and speed of supply chains are determined by the position of warehouses in the supply chain network. Supply chains are now competitive with one another, mostly in terms of distribution lead time and total retail quality. The accelerated speed of commodity transfers in supply chains is aided by warehousing methods. This is

 

2. Mr. Shah is warehouse manager at pharmacy warehouse from the last 10 years and he is thinking to expand the warehouse. Company is facing challenges in the storage of products. There are many criteria in selection of warehouse storage system such as size, weight and nature of the stock etc. Advice Mr. Shah for different storage system for the firm that enhance performance.

 

Answer 2.

Introduction

If Mr. Shah is having trouble with warehouse management, know that Mr. Shah're not alone. There are too many variables that influence the smooth operation of warehouse management that missing or underestimating minor information will result in unanticipated issues.In any case, the complexity of the product lines necessitates finding a partner who can provide daily reporting on the company's product coming into and out of their facility—ideally on a web-based website that can be viewed at any time and from any place. When more sophisticated equipment is integrated for warehouse

3. Consider above mention scenario (check Q2) and share your opinion as on the below:

 

a. Can Mr. Shah implement warehouse management system? Explain in detail. (5 Marks)

b. Suggest some of the warehouse design criteria to Mr. Shah that must include in warehouse management.

 

Answer 3a.

Introduction

The execution of a WMS is commonly tough. The progress of any WMS implementation depends heavily on project preparation. Warehouse tools area unit required for the project to collect information on the physical warehouse, materials, and inventory, further on establish the warehouse's operational ways.

Concept and

 

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Treasury Management in Banking - NMIMS Latest solved assignments

 

 

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Treasury Management in Banking

June 2021 Examination

 

Question 1) 1. Risk Management is a predominant function of the Treasury unit in a Bank. Relate the concept of Risk Management and types of risks in the context of various activities of the Treasury unit in a Bank (10 Marks)

 

Ans 1.

Introduction

In money, hazard is the likelihood that genuine outcomes will vary from anticipated outcomes. The idea of "hazard and return" is that less secure resources ought to have higher anticipated that returns should remunerate financial backers for the higher unpredictability and expanded danger. During programming advancement,

 

 

Question 2) 2. Cash Management unit within Bank’s Treasury has multiple functions to perform to remain profitable. Study the roles and functions of cash management and briefly describe the various direct activities within the Treasury as well as the collaborative activities with other business segments of the Bank. (10 Marks)

 

Ans 2.

Introduction

Reservoir the board is characterized as 'the corporate behavior of each and every solofinancialstuff, the time of external and interior property for business, the management of financialprinciples and incomes and the changeable techniques, strategies and processes of business account. Tight cash, raising loan fees and monetary instability have required a particular

 

 

Question 3.A) 3. Global Banking of today calls for an efficient, effective, and profitable Treasury unit in each Bank. Assume that you have joined the Bank as a Management Trainee and you have been asked to study the Treasury unit and do the following:

a. Study and briefly document the key objectives of the Treasury unit (5 Marks)

 

Ans 3a.

Introduction

One of the vital objectives of depository the executive is arranging, coordinating and controlling money resources for fulfill the monetary targets of the association. The objective might be to expand the profit from the accessible money, or limit revenue cost or activate however much

 

Question 3B) b. Briefly describe the best practices for a typical Banking Treasury unit to be effective, efficient, and profitable (5 Marks)

 

Ans 3B.

Introduction

Depository the executives incorporate the panel of a venture's assets, with anultimatepurpose of augmenting the relations liquidity and alleviating ofits prepared, financial and reputational risk. Stockadministration incorporates a company's assortments, fixation, venture and subsidizing exercises. In bigger firms, it may likewise learn exchanging for bonds, financial standards,

 

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Taxation- Direct and Indirect - NMIMS Latest solved assignments

 

 

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Taxation- Direct and Indirect

 

1. Mr Amman started the Café Coffee Any Day Venture a year back. As a GST taxpayer he needs to maintain three ledgers, as specified for the tax scheme. He also appreciates the facilities with regard to making payment of GST through various options, on the GST portal. Discuss your understanding about the concept of E-ledger. Also, discuss the various options available for payment of tax on the GST common portal (4 +6 = 10 Marks)

SOLUTION:

Introduction:

The government introduced goods and Service Tax (GST) in the year 2017. Electronic Cash Ledger is a money record that contains stores that a citizen has made and any GST instalments made through money. Electronic ledgers are a form of a statement of the activities undertaken by the taxpayer under GST. These Electronic ledgers show the amount of GST Deposited in cash to the government, the Balance of Input Tax Credit Available, and liability payable after setting off the balance with money and Input Tax

 

2. Mr. Karan is a builder in Kolkata. He constructs residential quarters and let them to the employees so that he can carry on the work more effectively. He mentions that this letting down of quarters is an incidental act to the business. Decide the head of income under which such income will be taxable and explain, why? What would be your answer if by letting out of the residential quarter he earns 50000 rupees as rental income and the letting out activity is not incidental to the business, then, how such rental incomes will be assessed to tax? Give reasons for the same (10 Marks) 

SOLUTION:

Introduction:

The income of an assessee in India is governed by the provisions of the Income-tax Act, 1961. The Act provides for five different heads under which the total gross income can be distributed. These heads are:

1. Salary
2. Capital gains
3. House property
4. Income from Business and Profession
5. Income from Other sources

 

 

3. Mr. Samir Mehta is an employee in the Government law college who receives Rs 25000 per month as basic salary. Rs 200per month as Dearness allowance and Rs 500per month as entertainment allowance. Compute the salary income for the Assessment year 2021-22

a. Discuss the provisions regarding entertainment allowance and calculate the taxable entertainment allowance, if any (5 Marks) 

SOLUTION:

Introduction:

Every taxpayer is eligible for certain deductions from the total gross income earned by him. These deductions help them to reduce the burden of tax that is leviable on their taxable income. However, specific allowances are available to the taxpayer but are taxable above some specified limits. The entertainment allowance available to a salaried employee is one such allowance. 

 

 

b. If, he had paid the Medi -claim for his parents being the senior citizen Rs 35000 in cash; calculate the taxable salary post deduction, if any. (5 Marks)

Introduction:

As per the Income-tax Act, 1961, the taxable income of an assessee is calculated after deducting the various deductions available under Chapter -VI of the Act. These deductions are provided to encourage saving and investment among the assessee are intended to benefit the assessee by reducing his tax liability. One such deduction is available regarding medical insurance or Mediclaim payments under Section 80D of the Act. 

 

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Supply Chain Management - NMIMS Latest solved assignments

 

 

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Supply Chain Management

 

Question 1.

1. An important partner in the supply chain of fast moving consumer goods (CG) is the distributor. If you compare the FMCG supply chain in India and the United Kingdom, you will observe that they are fundamentally different from each other. As a result of this difference, FMCG supply chain in India has far more distributors in India than in the United Kingdom. What differences in the retail environment may justify the above facts?

Answer:

Introduction

Fast-moving consumer goods (FMCG) are perhaps the main areas in the world. Our way of life rotates around shopper items, from our morning showers with jojoba cleanser to our oats and natural product early lunch, or working environment excursions at a close-by bar or snacks from a road merchant. Buyer tastes are ceaselessly developing, and arising advancements are continually changing the market. Clients lean toward new items, which requires the creation of a more wholesalers than the

 

Question 2. Home appliance giant Whirlpool adopted CPFR for its supply chain and enjoyed immense success. Before CPFR was adopted, Whirlpool was struggling with a forecast error rate of 70%, which reduced to 11% after the company and its supply chain partners began working together under the CPFR framework. Nowadays, everyone in supply chain is talking about CPFR. Explain what CPFR is, its apparent benefits, examples of two global companies (other than Whirlpool) which have implemented it and the benefits they derived.

Answer:

Introduction

Collaborative Planning, Forecasting, and Replenishment, or CPFR, is a corporate activity that draws together the intelligence of several trading partners to plan and meet consumer demand. The objective is to expand client accessibility while diminishing stock, stockpiling, and dispersion costs by associating deals and promoting best practices to production network planning and execution measures.  Effective Customer Reaction is the place where CPFR got its beginning (ECR). ECR was a coordinated

Question 3.  Enfield has its vehicle assembly plant in Tiruvottiyur, Chennai and its engine assembly plant in Oragadam near Chennai. Engines are transported between the two plants using trucks, with each trip costing Rs. 2000. vehicle plant assembles and sells 250 motorcycles every day. Each engine costs Rs. 25000, and MCL incurs a holding cost of 24 % per year.

a. How many engines should MCL load onto each truck? (i.e. what is the optimal order quantity?) (5 Marks)

b. What is the cycle inventory of engines at MCL? If demand, and thus production, for their motorcycle grows, but all other input data remain unchanged, would you expect cycle inventory of engines at MCL to increase or decrease?

Answer:

3A.

Introduction

Based on the above case study, the researcher has presented an overall insight that is associated with supply chain management. It is conceptualized with strategic process of flow of goods and services including overall process of converting raw materials into finished goods and services in assembly plant’s of

 

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Strategic HRM - NMIMS Latest solved assignments

 

 

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Strategic HRM

1. Sharp HR is a leading name in the field of Manpower planning and Business Consulting. Sharp HR understands that human resource of any organization if not managed strategically; it affects the growth of the organization. With a view to bringing forth the three stages of SHRM with its explanation so that Sharp HR can use these to convince their clients. Help Sharp HR mention the various stages with a brief description. (10 Marks)

INTRODUCTION:

Strategic HRM means aligning organizational goals strategically with the human resource for growth, motivation, satisfaction, success, and innovation. It takes many workforces to understand business and grow faster, so strategic HRM is a team effort. We consider a company's exponential growth, ignoring the committed

 

 

2. Explain primary and secondary activates in Porter’s Model w.r.t MBA Chai Wala. Students are expected to research the case of MBA chaiwala as a brand applies Explain Primary and Secondary activates in Porter’s Model mentioned in the concept to explain it. (10 Marks)

Ans:

Porter’s model concerning MBA chai wala 

 

INTRODUCTION:

 

Porter suggested a general-purpose benefit to assist businesses in examining all of their operations and determining how they are connected. Because how value chain operations are manipulated implies costs and income, this tool might help one select the origins of value for one's business. The Five Forces analysis (competition in the industry, power of customers, power of suppliers, new entrants, and their potential, and the threat of substitute products) is widely used to

 

3. Covid-19 hit the entire globe. Sumeet was a seasoned offline trainer as he liked to introduce himself. Who, till the pandemic hit, never shifted to online methodology and never considered Virtual training as a beneficial tool. He saw virtual training as a very inhuman and tech-based chore rather than personalized and practical offline training. Being virtual was suddenly a necessity rather than a luxury during this challenging phase.

a. Could you, as an HR manager, brief Sumeet of the characteristics of virtual training via a PowerPoint format. (5 Marks)

Ans3 

a.)Virtual training: The new logo of the universe 

 INTRODUCTION:

Virtual training: Training given to an individual or group of individuals sitting at different locations in a simulated or virtual environment is known as virtual training. The teacher and the students log in to a platform from their places, and then the teacher teaches them to live so that every individual can participate and take queries simultaneously. It helps in reducing the time

 

b. Give Sumeet tips and tricks to make such virtual sessions as interesting as the offline ones. (5 Marks)

 

3.b)

 

INTRODUCTION:

 

Virtual means of education imparts knowledge differently; it is a new way of understanding and growing in this competitive world. Technologically challenged students and trainees do not reap its benefits. However, it is highly beneficial for urban areas and makes the path of growing more accessible. It is the reason why virtual training is becoming more popular. 

 

 

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Strategic Financial Management - NMIMS Latest solved assignments

 

 

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Strategic Financial Management

 

 

 

1.      Compute Discounted Payback Period, Net Present Value and Profitability Index of a project which costs Rs 50,000, cost of capital is 8% and is expected to generate following cash inflows:

Year    Cash inflows(Rs)

1                      12,000

2                      15,000

3                      25,000

4                      28,000

5                      20,000

6                      22,000

On the basis of Net Present Value and Profitability Index, suggest if the project is to be accepted or not.

Answer 1.

 

Introduction:

 

When a project needs to have a good start, the net present value along with its profitability index is chosen. It shows us the value that a particular project will yield in the long run. Every project has its own viability. The net present value will explain the profitability of the project for a firm. It is calculated with the aim to invest in an efficient project. The current value of the future cash flows will accurately tell us how the project will perform in the future. The discount rate tells us how much the capital is going to be depreciated in the market. Moreover, it also tells us how much return is going to be received. Generally, there are two projects that we have to work upon, but here it is given one project

 

 

2. Crown Ltd has the following book value capital structure. Equity capital (shares of Rs 10 par value each) Rs 15 crore, 12% Preference capital (Rs 100 par value each) Rs 1 crore. Retained earnings Rs 20 crore, 11.5% Debentures (Rs 100 par value each) 10 crore and 11% Term loan Rs 12.5 crore. The next year expected dividend on equity is Rs 3.6 per share and has an expected growth rate of 7%. The market value is Rs 40/share. Preference stock, redeemable after 10 years is currently trading at Rs 75 per share. Debentures, trading at Rs 80 are redeemable after 6 years. Corporate tax rate is 40%. Calculate the WACC as per book value weights. Comment on the relevance of calculation of WACC.

Answer 2.

 

Introduction:

 

A company has various methods to raise capital in the market to allow funding for their projects. It realizes that its audience has the authenticity to prove that its services are going to prove productive in the long run. Keeping the trust intact, it releases various forms of capital budgeting methods in the market to offer dividends and returns for the same. How does a company measure the weight of every capital acquired from numerous sources? WACC is the most popular method by which the company decides the value

 

3. Walter and Gordon model analyse the impact of distribution of dividends on the valuation of the firm but the formula used in both the cases are different. Company ABC Ltd wanted to evaluate the price of the share in both cases. The company earns ₹

50 per share and expects the same for the next year. The cost of capital to the firm is

11%. The company earns return on investment of 15% and the firm is planning dividend payout ratio of 60%. Calculate:

a. Price of the share using Walter Model. Comment on the relationship between return on investment and cost of capital in the case above and decision of the firm whether dividend is to be declared or not. (5 Marks)

b. Price of the share using Gordon model. Comment on the relationship between return on investment and cost of capital in the case above and decision of the firm whether dividend is to be declared or not.

 

Answer 3. A.

 

Introduction:

 

Shares and bonds are the daily consumption of the audience and the managers of the company. One cannot ignore how important it is to measure the value of a share using different models. Above all, if the company wants to calculate the impact of dividends on the firm's output, there are different methods to calculate the price of share for the same firm in the given period. By the impact of distribution of dividends on the valuation of the firm, the team wants to measure how much profitable the capital is acting at present. One of the major goals for the company is profit and for the investors - it is the

 

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