Discuss the concept of DMAIC with reference to any one aspect (Food served/ hospitality/ safety, etc) of Indian Railway

05 Oct

World Class Operations

Q.1. Explain in brief what are various the types of benchmarking. Discuss the concept of benchmarking with reference to a benchmark product/s or company in the automobile industry. Why do you think that it is the benchmark in the industry?

Q.2. Discuss in brief the various technique to achieve World Class Operations. Also discuss how can the concepts of Kaizen, Use of I.T., Optimum product mix, etc be applicable and implemented in an Educational institute for the institute to be World class. Discuss with an example if any possible.

Q.3. Indian Railways is a name synonymous to an operational activity at a large scale. Give your views on the following aspects of Indian railways

a) There have been several instances & reports of problems faced by customers during booking of tickets through its online What should Indian railways do to make this system world class?

b) Discuss the concept of DMAIC with reference to any one aspect (Food served/ hospitality/ safety, etc) of Indian Railway.

There have been several instances & reports of problems faced by customers during booking of tickets through its online portal

05 Oct

World Class Operations

Q.1. Explain in brief what are various the types of benchmarking. Discuss the concept of benchmarking with reference to a benchmark product/s or company in the automobile industry. Why do you think that it is the benchmark in the industry?

Q.2. Discuss in brief the various technique to achieve World Class Operations. Also discuss how can the concepts of Kaizen, Use of I.T., Optimum product mix, etc be applicable and implemented in an Educational institute for the institute to be World class. Discuss with an example if any possible.

Q.3. Indian Railways is a name synonymous to an operational activity at a large scale. Give your views on the following aspects of Indian railways

a) There have been several instances & reports of problems faced by customers during booking of tickets through its online What should Indian railways do to make this system world class?

b) Discuss the concept of DMAIC with reference to any one aspect (Food served/ hospitality/ safety, etc) of Indian Railway.

Indian Railways is a name synonymous to an operational activity at a large scale

05 Oct

World Class Operations

Q.1. Explain in brief what are various the types of benchmarking. Discuss the concept of benchmarking with reference to a benchmark product/s or company in the automobile industry. Why do you think that it is the benchmark in the industry?

Q.2. Discuss in brief the various technique to achieve World Class Operations. Also discuss how can the concepts of Kaizen, Use of I.T., Optimum product mix, etc be applicable and implemented in an Educational institute for the institute to be World class. Discuss with an example if any possible.

Q.3. Indian Railways is a name synonymous to an operational activity at a large scale. Give your views on the following aspects of Indian railways

a) There have been several instances & reports of problems faced by customers during booking of tickets through its online What should Indian railways do to make this system world class?

b) Discuss the concept of DMAIC with reference to any one aspect (Food served/ hospitality/ safety, etc) of Indian Railway.

Discuss in brief the various technique to achieve World Class Operations

05 Oct

World Class Operations

Q.1. Explain in brief what are various the types of benchmarking. Discuss the concept of benchmarking with reference to a benchmark product/s or company in the automobile industry. Why do you think that it is the benchmark in the industry?

Q.2. Discuss in brief the various technique to achieve World Class Operations. Also discuss how can the concepts of Kaizen, Use of I.T., Optimum product mix, etc be applicable and implemented in an Educational institute for the institute to be World class. Discuss with an example if any possible.

Q.3. Indian Railways is a name synonymous to an operational activity at a large scale. Give your views on the following aspects of Indian railways

a) There have been several instances & reports of problems faced by customers during booking of tickets through its online What should Indian railways do to make this system world class?

b) Discuss the concept of DMAIC with reference to any one aspect (Food served/ hospitality/ safety, etc) of Indian Railway.

Explain in brief what are various the types of benchmarking

05 Oct

World Class Operations

Q.1. Explain in brief what are various the types of benchmarking. Discuss the concept of benchmarking with reference to a benchmark product/s or company in the automobile industry. Why do you think that it is the benchmark in the industry?

Q.2. Discuss in brief the various technique to achieve World Class Operations. Also discuss how can the concepts of Kaizen, Use of I.T., Optimum product mix, etc be applicable and implemented in an Educational institute for the institute to be World class. Discuss with an example if any possible.

Q.3. Indian Railways is a name synonymous to an operational activity at a large scale. Give your views on the following aspects of Indian railways

a) There have been several instances & reports of problems faced by customers during booking of tickets through its online What should Indian railways do to make this system world class?

b) Discuss the concept of DMAIC with reference to any one aspect (Food served/ hospitality/ safety, etc) of Indian Railway.

World Class Operations

05 Oct

World Class Operations

Q.1. Explain in brief what are various the types of benchmarking. Discuss the concept of benchmarking with reference to a benchmark product/s or company in the automobile industry. Why do you think that it is the benchmark in the industry?

Q.2. Discuss in brief the various technique to achieve World Class Operations. Also discuss how can the concepts of Kaizen, Use of I.T., Optimum product mix, etc be applicable and implemented in an Educational institute for the institute to be World class. Discuss with an example if any possible.

Q.3. Indian Railways is a name synonymous to an operational activity at a large scale. Give your views on the following aspects of Indian railways

a) There have been several instances & reports of problems faced by customers during booking of tickets through its online What should Indian railways do to make this system world class?

b) Discuss the concept of DMAIC with reference to any one aspect (Food served/ hospitality/ safety, etc) of Indian Railway.

Determine the critical path for the project. What is the probability of completing the project in less than 25 hours

05 Oct

Decision Analysis & Modeling

1. Even though there are many auto rickshaw manufactures, two companies Bajaj and M&M, control the market in Maharashtra. If both the companies make similar design changes in their auto rickshaws in a year, their market shares will remain unchanged. Similarly if neither of them goes for any changes, then also their market shares will remain constant. But if incase one company goes for a design change and other doesn’t then the market shares are going to change, the payoff matrix for increase or decrease in market share under different possible scenarios is given below:

Bajaj
M&M No changes Small changes Major Changes
No changes 0 -4 -10
Small changes 3 0 5
Major Changes 8 1 0

 

Find the value of the game. What changes should M&M consider if this information is only available to it?

2. Using suitable examples discuss the difference between simple linear regression and logistic regression.

3. To assemble a “Drone”, Mukesh has laid out the seven major activities involved. The activities are labeled as A through G in the following table, which also shows their various completion times (in Hrs) and immediate predecessor of each activity.

Activity Most optimistic

time

Most likely time Most pessimistic time immediate

predecessor

A 1 2 3
B 2 3 4
C 4 5 6 A
D 8 9 10 B
E 2 5 8 C,D
F 4 5 6 D
G 1 2 3 E

a. Determine the expected time and variance for each activity.

b. Determine the critical path for the project. What is the probability of completing the project in less than 25 hours?

Determine the expected time and variance for each activity

05 Oct

Decision Analysis & Modeling

1. Even though there are many auto rickshaw manufactures, two companies Bajaj and M&M, control the market in Maharashtra. If both the companies make similar design changes in their auto rickshaws in a year, their market shares will remain unchanged. Similarly if neither of them goes for any changes, then also their market shares will remain constant. But if incase one company goes for a design change and other doesn’t then the market shares are going to change, the payoff matrix for increase or decrease in market share under different possible scenarios is given below:

Bajaj
M&M No changes Small changes Major Changes
No changes 0 -4 -10
Small changes 3 0 5
Major Changes 8 1 0

 

Find the value of the game. What changes should M&M consider if this information is only available to it?

2. Using suitable examples discuss the difference between simple linear regression and logistic regression.

3. To assemble a “Drone”, Mukesh has laid out the seven major activities involved. The activities are labeled as A through G in the following table, which also shows their various completion times (in Hrs) and immediate predecessor of each activity.

Activity Most optimistic

time

Most likely time Most pessimistic time immediate

predecessor

A 1 2 3
B 2 3 4
C 4 5 6 A
D 8 9 10 B
E 2 5 8 C,D
F 4 5 6 D
G 1 2 3 E

a. Determine the expected time and variance for each activity.

b. Determine the critical path for the project. What is the probability of completing the project in less than 25 hours?

To assemble a “Drone”, Mukesh has laid out the seven major activities involved

05 Oct

Decision Analysis & Modeling

1. Even though there are many auto rickshaw manufactures, two companies Bajaj and M&M, control the market in Maharashtra. If both the companies make similar design changes in their auto rickshaws in a year, their market shares will remain unchanged. Similarly if neither of them goes for any changes, then also their market shares will remain constant. But if incase one company goes for a design change and other doesn’t then the market shares are going to change, the payoff matrix for increase or decrease in market share under different possible scenarios is given below:

Bajaj
M&M No changes Small changes Major Changes
No changes 0 -4 -10
Small changes 3 0 5
Major Changes 8 1 0

 

Find the value of the game. What changes should M&M consider if this information is only available to it?

2. Using suitable examples discuss the difference between simple linear regression and logistic regression.

3. To assemble a “Drone”, Mukesh has laid out the seven major activities involved. The activities are labeled as A through G in the following table, which also shows their various completion times (in Hrs) and immediate predecessor of each activity.

Activity Most optimistic

time

Most likely time Most pessimistic time immediate

predecessor

A 1 2 3
B 2 3 4
C 4 5 6 A
D 8 9 10 B
E 2 5 8 C,D
F 4 5 6 D
G 1 2 3 E

a. Determine the expected time and variance for each activity.

b. Determine the critical path for the project. What is the probability of completing the project in less than 25 hours?

Using suitable examples discuss the difference between simple linear regression and logistic regression

05 Oct

Decision Analysis & Modeling

1. Even though there are many auto rickshaw manufactures, two companies Bajaj and M&M, control the market in Maharashtra. If both the companies make similar design changes in their auto rickshaws in a year, their market shares will remain unchanged. Similarly if neither of them goes for any changes, then also their market shares will remain constant. But if incase one company goes for a design change and other doesn’t then the market shares are going to change, the payoff matrix for increase or decrease in market share under different possible scenarios is given below:

Bajaj
M&M No changes Small changes Major Changes
No changes 0 -4 -10
Small changes 3 0 5
Major Changes 8 1 0

 

Find the value of the game. What changes should M&M consider if this information is only available to it?

2. Using suitable examples discuss the difference between simple linear regression and logistic regression.

3. To assemble a “Drone”, Mukesh has laid out the seven major activities involved. The activities are labeled as A through G in the following table, which also shows their various completion times (in Hrs) and immediate predecessor of each activity.

Activity Most optimistic

time

Most likely time Most pessimistic time immediate

predecessor

A 1 2 3
B 2 3 4
C 4 5 6 A
D 8 9 10 B
E 2 5 8 C,D
F 4 5 6 D
G 1 2 3 E

a. Determine the expected time and variance for each activity.

b. Determine the critical path for the project. What is the probability of completing the project in less than 25 hours?