SUB: OPERATION MANAGEMENT
- How would operations strategy for a service industry be different if any from that for a manufacturing industry? (It’s an example & explains)
- Consider the following two mutually exclusive projects. The net cash flows are given below: NET CASH FLOWS years PROJECT A FROM PROJECT B 0 - Rs. 1,00,000 - Rs. 1,00,000/- 1 + Rs. 30,000 + Rs. 15,000/- 2 + Rs. 35,000 + Rs. 7,500/- 3 + Rs. 40,000 + Rs. 20,000/- 4 + Rs. 45,000 + Rs. 22,500/- 5 + Rs. 25,000/- 6 + Rs. 27,500/- 7 + Rs. 30,000/- 8 + Rs. 32,500/- If the desired rate of return is 10% which project should be chosen?
- What are the levels of aggregation in forecasting for a manufacturing organization? How should this hierarchy of forecasts be linked and used?
- How would forecasting be useful for operations in a BPO (Business processes outsourcing) unit? What factors may be important for this industry? Discuss.
- A good work study should be followed by good supervision for getting good results. Explain with an example.
- What is job evaluation? Can it be alternatively used as a job ranking? How does one ensure that job evaluation evaluates the job and not the man? Explain with examples?
- What is the impact of technology on jobs? What are the similarities between job enlargement & job rotation? Discuss the importance of training in the content of job redesign? Explain with examples?
- What is internet connectivity? How is it important into days business would with respect to materials requirement planning & purchasing? Explain with examples?
- Would a project management organization be different from an organization for regular manufacturing in what ways? Examples.
- How project evaluation different from project appraisal? Explain with examples.
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SUBJECT: Production Management
- What are the different types of production/operation system? Where would each one of them be applicable? Give practical examples.
- What is flexibility in the operations function?
- Can it be one of the strategic weapons? Explain your response.
- What is the distinction between accounting profit & economic profit? How is such a distinction linked with the concept of opportunity cost?
- What is the difference between the Scanlon & Rucker plans?
- Productivity improvement is not a one-shot project Do you agree with this statement? Discuss
- Is supply chain management a philosophy? Discuss
- What is the aim of production planning?
- What is forecasting? Elements of forecasting & Methods of forecasting?
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