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SESSION | FEBRAUARY – MARCH 2024 |
PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
SEMESTER | II |
COURSE CODE & NAME | DMBA201 –PRODUCTION AND OPERATIONS MANAGEMENT |
Assignment Set – 1
1a. Briefly explainany two steps involved in increasing labour productivity.
- Explain the following factors that help strategic decision making.
(i) Environmental Scanning (ii) Core Competencies
Ans 1.
- Increasing labor productivity is crucial for organizations to enhance their competitiveness and profitability. Two key steps involved in increasing labor productivity are:
Training and Development: Investing in training and development programs for employees is essential to improve their skills and knowledge. Through training, employees can learn new techniques, technologies, and best practices that can help them perform their tasks more efficiently. For example, Its Half solved only
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2a.What are the factors to be considered for the selection of forecasting method?Explain briefly.
Ans 2a.
When selecting a forecasting method, several factors should be considered to ensure the accuracy and reliability of the forecast. These factors can vary depending on the nature of the project, the available data, and the specific requirements of the organization. Some key factors to consider include:
Data Availability: The
3a.Explain the important factors that improve product quality
b.Write short note on logical process modelling.
Ans 3a.
Improving product quality is crucial for maintaining customer satisfaction, enhancing brand reputation, and achieving long-term business success. Several factors contribute to enhancing product quality:
Effective Design: A well-thought-
Assignment Set – 2
4a. Discuss project management philosophy
- How do you control quality during project implementation? 5
Ans 4a.
Project Management Philosophy:
Project management philosophy revolves around the principles, practices, and values that guide the planning, execution,
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5a.What is aggregate planning? Explain the steps in developing aggregate plan.
b.What are the objectives of Supply Chain Management? 5
Ans 5.
- Aggregate Planning
Aggregate planning is a crucial process in operations management that enables organizations to meet demand while optimizing resources and costs over a specified time horizon, typically ranging from three to 18 months. It involves developing an overall production plan for the intermediate term to achieve strategic goals and objectives.
The steps involved in
6.aWhy value analysis is conducted? List the benefits of value engineering.
- Discuss the concept of 5S with reference to Just-In-Time.
Ans 6a.
Value analysis is conducted to identify and eliminate unnecessary costs in a product, project, or process without sacrificing quality, functionality, or customer satisfaction. It is a systematic approach that focuses on improving value by assessing the function of products or services and finding ways to achieve