| SESSION | JUL/AUG 2022 |
| PROGRAM | Master of business administration (MBA) |
| SEMESTER | II |
| course CODE & NAME | DMBA206 – PROJECT MANAGEMENT |
Assignment Set – 1st
- Write down a note on Project Management Knowledge Areas and Processes.
Ans: The Project Management Body of Knowledge (PMBOK) describes ten knowledge areas of the project management discipline. The in-depth understanding, application and attaining proficiency in any one of these knowledge areas will be extremely helpful to you.
The ten knowledge areas are:
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- What is the Kotter’s Eight steps of change model?
Ans: John P Kotter describes a useful model for managing change. Each stage recognises a fundamental principle relating to the employees’ reaction and attitude to change, in which, people see, think, and change. Figure 4.16 depicts Kotter’s eight-step change model.
- What do you mean by determination of the critical path? Explain its process
Ans: Once the network diagram with single time estimates has been developed, the following computational procedure may be employed for determining the critical path/s, event slacks, and activity floats. Calculate the Earliest Occurrence Time (EOT) for each event After completion of all leading activities, an event occurs. In the network diagram shown in Figure
Assignment Set – 2nd
- What are the different processes of project quality management?
Ans: Project quality management Project quality management begins by defining the quality standards to be used for the project. This definition will come from the stakeholders, beneficiaries, and often from the overall standards for the organisation. Careful identification of the quality standards will help to ensure a successful project outcome that will be accepted
- What is the difference between a competitive bid and a negotiated bid?
Ans: Negotiated Bids
The negotiated bid is the most common method of bidding for commercial construction projects. It is a more straightforward, less formal process that is applicable for most projects.
Also, most project owners prefer to negotiate price and terms directly with the general contractor of their choice. Since project owners work directly with the general contractor,
- What could be the reasons for project termination?
Ans: Project termination is one of the most serious decisions of a project management team and its control board. The decision of project termination affects all the stakeholders of the project and can put some negative impact on the organisation’s growth. So it is important to
| SESSION | JULY/AUG – 2022 |
| PROGRAM | MASTER of business administration (MBA) |
| SEMESTER | II |
| course CODE & NAME | DMBA205 – OPERATIONS RESEARCH |
Assignment Set – 1st
Questions
- What is Operations Research? Explain advantages and limitations of Operations Research
Ans: Operations Research (O.R.): Churchman, Aackoff, and Aruoff defined operations research as “the application of scientific methods, techniques and tools to the operation of a system with optimum solutions to the problems” where ‘optimum’ refers to the best possible alternative
- Solve the following linear programming problem using its Dual:
Minimize Z = 40x1+ 200x2
Subject to: 4x1 + 40x2 ≥ 160
3x1 + 10x2 ≥ 60
8x1 + 10x2 ≥ 80
wherex1, x2 ≥ 0
- (a) ABC Iron & Steel Co. has 03 open health furnaces & 5 rolling miles. Transportation costs (Rs. Per Quintal) for transporting steel for furnaces to rolling mills are shown in the following table.
| Mills
Furnaces |
M1 | M2 | M3 | M4 | M5 | Capacity |
| F1 | 4 | 2 | 3 | 2 | 6 | 8 |
| F2 | 5 | 4 | 5 | 2 | 1 | 12 |
| F3 | 6 | 5 | 4 | 7 | 3 | 14 |
| Requirements | 4 | 4 | 6 | 8 | 8 |
|
Find the initial basic feasible solution using VAM.
(b) Four jobs are to be done on four different machines. Assign the jobs to maximize the total profit.
| Machines
Jobs |
M1 | M2 | M3 | M4 |
| M1 | 15 | 11 | 13 | 15 |
| M2 | 17 | 12 | 12 | 13 |
| M3 | 14 | 15 | 10 | 14 |
| M4 | 16 | 13 | 11 | 17 |
Assignment Set – 2nd
Questions
4.(a). What is Monte Carlo Simulation? Write in brief about the Monte Carlo Simulation Procedure.
Ans: Monte-Carlo Simulation
The Monte-Carlo method is a simulation technique in which statistical distribution functions are created by using a series of random numbers. This approach has the ability to develop many months or years of data in a matter of few minutes on a digital computer.
The method is generally used to solve the problems that cannot be adequately represented by
(b) Write short note on Erlang M/M/1: ∞/FCFS Queuing model.
Ans: The queueing system where the distribution of arrival and the departure both are assumed to be Poisson or the distribution of inter-arrival time and service time are assumed to be Exponentially distributed are called as the Poisson queuing system. The main Poisson
- The following table gives the activities in a construction project and other relevant information:
| Activity | Optimistic time
(indays) |
Most likely time
(indays) |
Pessimistic time
(indays) |
| 1-2 | 30 | 44 | 54 |
| 1-3 | 8 | 12 | 16 |
| 2-3 | 1 | 2 | 3 |
| 2-4 | 2 | 3 | 5 |
| 3-4 | 8 | 10 | 12 |
| 4-5 | 14 | 22 | 25 |
- i) Draw a PERT diagram and mark clearly the Critical Path
- ii) Determine the expected project length?
iii) What is the probability that the project would be successfully completed in less than 60 days?
- What is Principle of Dominance in Game Theory? Reduce the following game by dominance property and solve it:
| Player B | |||||
| B1 | B2 | B3 | B4 | ||
|
Player A |
A1 | 2 | -2 | 4 | 1 |
| A2 | 6 | 1 | 12 | 3 | |
| A3 | -3 | 2 | 0 | 6 | |
| A4 | 2 | -3 | 7 | 1 | |
Ans: The principle of dominance states that if one strategy of a player dominates over the other strategy in all conditions then the later strategy can be ignored. A strategy dominates
| SESSION | JULY/AUG – 2022 |
| PROGRAM | MASTER of Business Administration (MBA) |
| SEMESTER | II |
| course CODE & NAME | DMBA204
mANAGEMENT INFORMATION SYSTEM |
Assignment Set – 1st
Questions
- Discuss the history of Computing.
Ans: Computers or general purpose computing devices were invented in the middle of the 20th century, but the ideas they are based on evolved a century earlier. Charles Babbage, a renowned British mathematician, first conceived the idea of a computing device in the 1820s when he was confronted with the problem of errors creeping into navigation charts at the time
- What is IT interaction model? Explain.
Ans: Managing IS in organisations is a highly challenging and complex task. One reason for this complexity is that neither organisations nor the IS they use remain static over time – both change continuously, and it is the job of management to ensure that the systems remain useful
- How are management information systems different from transaction processing systems?
Ans: Management information systems Management information systems (MIS) process the information generated by the transaction processing systems of an organisation and create reports for use by the management.
Assignment Set – 2nd
Questions
- What are the different ways of making online payments? Explain
Ans: Online payment services.
Most modern online payment services offer easy-to-use, fast and secure ways to pay – the bare bones of what’s expected from payment providers.
Such companies do so by cutting out the need to enter long card details or personal information. Instead, they operate using stored payment methods and/or third-party
- What are the facilities an organization could have from ‘Customer Relationship Management System’?
Ans: CRM applications are a way to enhance and embellish customer touch points. Touch points are interfaces at which the marketing establishment of a commercial firm interfaces, directly or indirectly, with a current or potential customer. This term also has a larger connotation – referring to any interface of the firm with stakeholders such as customers,
- Why is vendor management important? What are the key issues to consider for managing vendors carefully?
Ans: Organisations that manage their own IT infrastructure, and not outsource it, usually rely on vendors to provide certain services. The services may range from one-time purchases to long-term service contracts. Vendors too may range in size from very small, one-person operations to large multinational fi rms. Managing vendors is a challenge for all
| SESSION | JULY/AUG – 2022 |
| PROGRAM | Master of Business Administration (MBA) |
| SEMESTER | II |
| course CODE & NAME | DMBA203– Marketing MANAGEMENT |
Assignment Set – 1st
Questions
- Describe an exchange process with the help of an example.
Ans: Marketing occurs when people decide to satisfy their needs and wants through the exchange of goods and services. It is the core concept of marketing. It is the act of obtaining a desired object from someone by offering something in return. For example, exchange takes place when you buy a music CD from a store and give money to the store owner or when you
- What is Marketing Information System? Write down the characteristics of MIS.
Ans: Modern marketing organisations, with their focus on the Internet, demonstrate different characteristics as compared to “old economy”. They create and manage the customer interface where interactions are more virtual than face-to-face. They allow IT technology to integrate and coordinate with consumers and business partners to quickly accomplish
- Explain the methods of marketing control.
Ans: Marketing objectives are often stated in terms of sales, costs, profits, product or brand awareness, etc. Performance evaluation always relates to measuring the accomplishment of objectives.
Figure 2.13 depicts the three general approaches to focus on sales, costs, and marketing
Assignment Set – 2nd
Questions
- What is positioning? What are the various steps in the positioning process?
Ans: A ‘market’ can be defined as a group of customers who exhibit similar needs and have the ability to satisfy those needs. Market can also be defined in terms of the benefits sought by the customer, not in terms of particular products or technical specifications. In this unit, we will discuss ways in which the
- Explain the stages in the new product development process.
Ans: Market structure analysis: The next step in the process of new product development process is to implement a market structure. This process delineates the consumer’s perception of market by building a map outlining the critical consumer dimensions, positioning existing
- What is direct marketing? Briefly discuss the various types that can be used for direct marketing.
Ans: Direct Marketing Direct Marketing means getting the message directly to the customer without using any intermediaries. Direct marketing is an interactive system of marketing, which uses one or more advertising media to affect a measurable response and transaction at
| SESSION | September 2022 |
| PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
| SEMESTER | II |
| course CODE & NAME | DMBA202 & FINANCIAL MANAGEMENT |
Assignment Set – 1st
Questions
- “Financial Planning aims to frame financial policies in relation to procurement, investment and administration of funds of an enterprise”. In the light of above statements highlight the objectives, advantages and limitations of financial planning.
Ans: Objectives of financial planning:-
Financial planning is a process by which funds required for each course of action is decided. Financial planning means deciding in advance the financial activities to be carried on to achieve the basic objective of the firm. The basic objective of the firm is to get maximum profit with minimum losses or risk. So, the basic purpose of the financial planning is to make
- Siyaram Ltd. has the following capital structure:
Equity share capital (200000 shares) Rs.40,00,000
6% Preference shares Rs.10,00,000
8% Debentures Rs.30,00,000
Rs.80,00,000
The market price of the company’s equity share is Rs.20. It is expected that company will pay a dividend of Rs.2 per share at the end of current year, which grow at 7% for ever. The tax rate may be presumed at 50%. You are required to compute the following:
- Weighted average cost of capital based on existing capital structure.
- The new weighted average cost of capital, if the company raises an additional Rs.20, 00,000 debts by issuing 10 percent debentures. This would result in increasing the expected dividend to Rs.3 and leave the growth unchanged but the price of share will fall to Rs.15 per share.
- c) The cost of capital if in (b) above, growth rate increases to 10 percent.
- “Operating risk is associated with cost structure, whereas financial risk is associated with capital structure of a business concern.” Critically examine this statement.
Ans: As operating leverage can be favourable or unfavourable, high risks are attached to higher degrees of leverage. As DOL considers fixed expenses, a larger amount of these expenses increases the operating risks of the company and hence, a higher DOL. Higher operating risk can be taken when income levels of companies are rising and should not be
Assignment Set – 2nd
Questions
- The board of directors of Sugandha mills limited request you to prepare a statement showing the working capital requirements for a level of activity of 30,000 units of output for the year.
The cost structure for the company’s product for the above-mentioned activity level is given below.
| Cost per Unit (Rs.) | |
| Raw materials | 20 |
| Direct labour | 5 |
| Overheads | 15 |
| Total | 40 |
| Profit | 10 |
| Selling price | 50 |
(a) Past experience indicates that raw materials are held in stock, on an average for2 months.
(b) Work in progress (100% complete in regard to materials and 50% for labour and over heads) will be half a month’s production.
(c) Finished goods are in stock on an average for 1 month.
(d) Credit allowed to suppliers: 1 month.
(e) Credit allowed to debtors: 2 months.
(f) A minimum cash balance of Rs 25,000 is expected to be maintained.
Prepare a statement of working capital requirements.
- Discuss the factors that determine the credit policy of an enterprise? What are the financial implications of liberalized credit policy?
Ans: In any manufacturing firm, the Production Manager controls a major part of the investment in the form of equipment, materials, and men. He should organise his department in such a way that the equipments under his or her control are used most productively, the
- Discuss the assumptions and arguments used by Modigliani and Miller in support of the irrelevance of dividends. Are dividends really irrelevant? If not, what are the arguments for relevance of dividend policy?
Ans: Miller and Modigliani criticise traditional approach that the cost of equity remains unaffected by leverage up to a reasonable limit and K0 remains constant at all degrees of leverage. They state that the relationship between leverage and cost of capital is elucidated as in NOI approach.
Table depicts the assumptions regarding Miller and Modigliani (MM) approach: perfect
| SESSION | JUL/AUG 2022 |
| PROGRAM | Master of business administration (MBA) |
| SEMESTER | II |
| course CODE & NAME | DMBA201 – PRODUCTION AND OPERATIONS MANAGEMENT |
Assignment Set – 1st
Questions
- What are the various functions involved in production management, and how do they work together?
Ans: Production management typically starts with aggregate planning. The data for this planning comes from the marketing department which forecasts the demand and determines the quantities of various products needed to fulfill the orders. The delivery schedules are also
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MUJ Fully solved assignment available for session Jul/Aug 2022, Exam Sep 2022.
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Charges INR 200 only per assignment. For more information you can get via mail or Whats app also
Mail id is aapkieducation@gmail.com
Our website www.smuassignment.in
After mail, we will reply you instant or maximum
1 hour.
Otherwise you can also contact on our
whatsapp no 8791490301.
- What are the objectives of plant Layout? Why Layout Decisions are Important?
Ans: Objectives of Layout
The primary objective of plant layout is to increase productivity and also to ensure employee satisfaction and lowering the costs. The major objectives
of a good plant layout are:
Reduced risk to health and safety of employees
- Discuss the factors that led to the decision to optimize the business process? What are the skills, knowledge and functions required for Business Analyst?
Ans: These individual processes evolve at varying degrees, making it necessary to evaluate, improve, and optimize them continuously. Where this doesn’t happen, it’s reasonable to expect employee and customer dissatisfaction. Costly operational inefficiencies are also possible. There could also be a drop in market share. Unfortunately, it’s usually hard to undo
Assignment Set – 2nd
Questions
- What are the different knowledge areas in project management? Describe the Work Breakdown Structure with example?
Ans: Project management knowledge areas
The Project Management Body of Knowledge (PMBOK) is a collection of processes and knowledge areas generally accepted as best practice within the project management discipline. The knowledge areas of project management are the following:
Project integration management, cost management, and communications management.
- What is the Bullwhip Effect in SCM, how to prevent it? Define JIT Inventory?
Ans: Bullwhip Effect in SCM An organisation always goes through ups and downs. It is necessary that the managers of the organisation keep track of the market conditions and analyse the changes. They must take decisions on the resources and make necessary changes within the organisation to meet the market demands. Failing to do so may result in wild
- What are the Steps in Developing an Aggregate Plan? Discuss the Advantages of Aggregate Plan?
Ans: Steps in Developing an Aggregate Plan
The following steps are involved in developing an aggregate plan:
- Start with a forecast for each product that indicates the quantity to be produced during each time period.
- Combine the individual demands into one single aggregate demand. It is important to