Operations Management

28 Jun

Q1) Explain the concept Six Sigma. Bring out the significance of Six Sigma in Quality Management?

Q2) Define Project Management and explain its nature and features?                     

Q3) What is Process Analysis? Explain the steps in Manufacturing Process Selection and Design?

Q4) Enumerate and explain the Theory of Constraints?                   

Q5) Write short notes:               

a) Inventory Control

b) Operations Scheduling

c) Aggregate Sales and Operations Planning

Q6) Explain the following concept:                      

 1) Product Design                 

 2) Strategic Capacity Management               

 3) Lean Productions              

Q7) Define Material Requirements Planning. Discuss its various components?                   

Q8) What is Supply Chain Strategy? Discuss its characteristics?           

Operation Management

28 Jun

CASE STUDY: 1

Ram Dubey recently purchased a chain of dry cleaners in North Uttar Pradesh. Although the business is making a modest profit now, Ram suspects that if he invests in a new press, he could recognize a substantial increase in profits. The new press costs $ 15,400 to purchase and install and can press 40 shirts an hour or 320 per day. Ram estimates that with the new press, it will cost $ 0.25 to launder and press each shirt, customers are charged $ 1.10 per shirt.

Q1) How many shirts will Ram have to press to break even?

Q2) So far Ram’s workload has varied from 50 to 200 shirts a day. How long would it take to break even on the new press at the low demand estimate? At the high demand estimate?

Q3) If Ram cuts his price to $ 0.99 a shirt, he expects to be able to stabilize his customer base at 250 shirts per day. How long would it take to break even at the reduced price of $ 0.99?

Q4) Should Ram cut his price and buy the new press?

 

CASE STUDY : 2

The Peachtree Airport in Atlanta serves light aircraft. It has a single runway and one air traffic controller to land planes. It takes an airplane and minutes to land and clear the runway (exponentially distributed) planes arrive at the airport at the rate of 5 per hour (Poisson distributed).

Q1) Determine the average number of planes that will stack up waiting to land?

Q2) Find the average time a plane must wait in line before it can lead?

Q3) Calculate the average time it takes a plane to clear the runway once it has notified the airport that it is in the vicinity and wants to land?

Q4) The FAA has a rule that an air traffic controller can, on the average, land planes a maximum of 45 minutes out of every hour. There must be 15 minutes of idle time available to relieve the tension. Will this airport have to hire an extra air traffic controller?

 

CASE STUDY : 3

During the past few years the legislature has severely reduced funding for State University. In reaction, the administration at State has significantly raised tution each year for the past 5 years.

A bargain five years ago, State is now considered an expensive State-supported University. Some parents and students now question the value of a state education and applications for admission have declined. Since a portion of State educational funding is based on a formula tied to enrollments, State has maintained its enrollment levels by going deeper into its applicant pool and accepting less qualified students.

On top of these problems, an increase in the college age population is expected in this decade key members of the State legislature have told the University administration that State will be expected to absorb additional students during this decade. However, because of the economic outlook and the budget situation, State should not expect any funding increases for additional facilities, classrooms, dormitory rooms, or faculty. The University already has a classroom deficit in excess of 25% and class sizes are above the average of their Peer Institutions.

The President of the University MrShekhar, established several task forces consisting of faculty and administrations to address these problems. These groups made a number of recommendations, including the implementation of Total Quality Management (TQM) practices and more in depth focused planning.

Q1) Discuss the general terms how forecasting might be used for planning to address these specific problems?

Q2) Explain the role of forecasting in initiating a TQM approach?

Q3) What are the types of forecasting methods that might be used?

Q4) Describe the Delphi method for forecasting?

 

CASE STUDY : 4

The Aurora Electronics company has been receiving a lot of customer complaints and returns of a front loading VCR that it manufacturers. When a videotape is pushed into the loading mechanism, it can stick inside with the door open, the recorder cannot run, and it is difficult to get the tape out. Consumers will try to pull the tape out with their fingers or pry the tape out with an object such as knife, pencil or screw driver or hurting themselves.

Q1) What are the different costs of poor quality and costs of quality assurance that might be associated with this quality problem?

Q2) Explain the term quality?

Q3) Discuss the dimensions of quality for manufacturing products?

Q4) Discuss the dimensions of quality for services?

Operations Management

27 Jun

1. What is continuous improvement (CI)? What are the major tools for this philosophy?

2. What is the logic of Taguchi methods?

3. Describe briefly the steps to develop a forecasting system.

4. Regression and correlation are both termed “causal” methods of forecasting. Explain how they are similar in this respect and also how they are different.

5. Define the terms “Qualitative Methods”, “Trend Analysis Method (Time Series Method), and “Causal Forecast”. Describe the uses of them.

6. What do you see as the main problem with qualitative (judgmental) forecasts? Are they ever better than “objective” methods?

7. Describe total quality management (TQM).

8. Explain the process of collaborative planning? How is available to promise involved?

Operations Management

27 Jun

Answer the following question.

Q1. A company has asked YOU to evaluate the firm’s productivity by comparing this year’s performance with last year’s. The following data are available: ______________Last Year This Year OUTPUT 10 500 units 12 100 units Labour Hours 12 000 13 200 Utilities 7 600 MU 8 250 MU Capital 83 000 MU 88 000 MU Has the company improved its PRODUCTIVITY during the past year?

Q2. A firm cleans chemical tank cars in the Bay Gazimagusa area. With standard equipment, the firm typically cleaned 60 chemical tank cars per month. They utilized 10 gallons of solvent, and two employees worked 20 days per month, 6 hours a day. The company decided to switch to a larger cleaning machine. Last February, they cleaned 60 tank cars in only 15 days. They utilized 12 gallons of solvent, and two employees worked 6 hours a day. a. What was their productivity with the standard equipment? b. What is their productivity with the larger machine? c. What is the change in productivity?

Q3. Is there a difference between forecasting demand and forecasting sales?

Q4. Describe briefly the steps to develop a forecasting system.

Q5. What are the major decision areas in P/OM?

Q6. List four basic operations strategies.

Q7. Explain the difference between total and partial productivity.

Q8. What is continuous improvement (CI)? What are the major tools for this philosophy?