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    This document contains an exam for a Masters in Business Administration course on Operations Management. It includes 14 short answer questions worth 2 marks each, covering topics like functions of operations management, margin of safety, make or buy decisions, product vs process layout, normal vs crash time, bid systems, vendor rating, carrying costs, centralized stores, quality and cycle time, continuous improvement, and acceptance sampling. It also includes 5 long answer questions worth 10 marks each on topics like evolution of operations management, facility location factors, capacity requirement planning, network scheduling for a project, material management objectives, economic order quantity model, work study advantages and disadvantages, and short notes on statistical quality control, total quality management, kaizen, and ABC analysis.

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    Om 1

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    Vaibhavrv
    9 views2 pages
    This document contains an exam for a Masters in Business Administration course on Operations Management. It includes 14 short answer questions worth 2 marks each, covering topics like functions of operations management, margin of safety, make or buy decisions, product vs process layout, normal vs crash time, bid systems, vendor rating, carrying costs, centralized stores, quality and cycle time, continuous improvement, and acceptance sampling. It also includes 5 long answer questions worth 10 marks each on topics like evolution of operations management, facility location factors, capacity requirement planning, network scheduling for a project, material management objectives, economic order quantity model, work study advantages and disadvantages, and short notes on statistical quality control, total quality management, kaizen, and ABC analysis.

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    This document contains an exam for a Masters in Business Administration course on Operations Management. It includes 14 short answer questions worth 2 marks each, covering topics like functions of operations management, margin of safety, make or buy decisions, product vs process layout, normal vs crash time, bid systems, vendor rating, carrying costs, centralized stores, quality and cycle time, continuous improvement, and acceptance sampling. It also includes 5 long answer questions worth 10 marks each on topics like evolution of operations management, facility location factors, capacity requirement planning, network scheduling for a project, material management objectives, economic order quantity model, work study advantages and disadvantages, and short notes on statistical quality control, total quality management, kaizen, and ABC analysis.

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    © All Rights Reserved
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    9 views2 pages

    Om 1

    Uploaded by

    Vaibhavrv
    This document contains an exam for a Masters in Business Administration course on Operations Management. It includes 14 short answer questions worth 2 marks each, covering topics like functions of operations management, margin of safety, make or buy decisions, product vs process layout, normal vs crash time, bid systems, vendor rating, carrying costs, centralized stores, quality and cycle time, continuous improvement, and acceptance sampling. It also includes 5 long answer questions worth 10 marks each on topics like evolution of operations management, facility location factors, capacity requirement planning, network scheduling for a project, material management objectives, economic order quantity model, work study advantages and disadvantages, and short notes on statistical quality control, total quality management, kaizen, and ABC analysis.

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    of 2

    NRJ/KW/17/6355

    Master of Business Administration (M.B.A.) Semester–II (CBS) (New) Examination


    OPERATIONS MANAGEMENT
    Compulsory
    Time : Three Hours] [Maximum Marks : 70
    N.B. :— (1) Question No. 1 is compulsory.
    (2) Attempt any five questions from Question No. 2 to Q. No. 10.
    (3) Solve the questions as per instructions given below.
    Question No. 1 :
    N.B. :— (1) Attempt any ten questions from Question No. 1.
    (2) Write each answer in 30 words approximately.
    (3) All questions carry 2 marks each.
    1. (a) List any four functions of operations management.
    (b) What is margin of safety ?
    (c) What is make or buy decision ?
    (d) Write the difference between product layout and process layout.
    (e) Define normal time and crash time.
    (f) What is bid system ?
    (g) What do you mean by vendor rating ?
    (h) What is carrying cost of inventories ?
    (i) List the advantages of centralized stores.
    (j) How quality is related to cycle time ?
    (k) What do you mean by continuous improvement ?
    (l) What is acceptance sampling ?
    (m) What is performance rating ?
    (n) Define aggregate planning.
    (o) Explain the concept of six sigma.
    N.B. :— (1) Attempt any five questions from Q. No. 2 to Q. No. 10.
    (2) All questions carry ten marks each.
    (3) Write each answer in 300 words approximately.
    2. Explain the evolution process from manufacturing to operations management.
    3. What are the factors affecting the facility location ? Describe in detail.
    4. Discuss the importance of Capacity Requirement Planning (CRP)

    POY—25870 1 (Contd.)
    5. A project schedule has the following characteristics :
    Activity Time Activity Time
    (weeks) (weeks)
    1–2 4 5–6 4
    1–3 1 5–7 8
    2–4 1 6–8 1
    3–4 1 7–8 2
    3–5 6 8–10 5
    4–9 5 9–10 7
    (i) Construct the network.
    (ii) Find earliest occurence time (E) and latest occurence time (L).
    (iii) Find the critical path.
    6. Define material management. What are the objectives of material management ?
    7. A producer has to supply 12000 units of a product per year to his customer. The demand is fixed and
    known and backlogs are not allowed. The inventory holding cost is Rs. 0.20 per unit per month and
    setup cost Rs. 350/- per run. Determine :
    (i) Optimal lot size
    (ii) Optimum scheduling period
    (iii) Minimum total expected yearly cost.
    8. What is the objective of work study ? Explain the advantages and disadvantages of work study.
    9. What are the basic assumptions of EOQ ? Also explain the limitations of EOQ formula.
    10. Write short notes on (any two) :
    (a) Statistical Quality Control (SQC)
    (b) TQM
    (c) Kaizen
    (d) ABC analysis.

    POY—25870 2 NRJ/KW/17/6355

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