Winter 2014 Master of Business Administration MBA Semester 2 MB0044– Production & Operations Management CREDIT & MARKS-4 Credits, 60 marks Q1. Write short notes on:  Outsourcing strategies for capital productivity  Implementation of operations  Basic competitive priorities  Market survey method of forecasting Answer.  Outsourcing strategies for capital productivity: Capital Productivity Capital deployed in plant, machinery, buildings, and the distribution systems as well as working capital are the components of the cost of manufacturing. Outsourcing strategies when capacity requirements are determined, it is easy to figure out whether some goods or services can be outsourced. Outsourcing can reduce the capital and manpower requirements. However, lack of expertise, quality considerations, nature of demand, and cost factors may restrict outsourcing……………………………. Q2. “Gujarat’s emergence as an auto hub is a positive for the economy Saturday, 17 September 2011 - 8:00am IST | Place: Mumbai | Agency: DNA Several domestic and foreign auto manufacturers have either announced plans to establish manufacturing plants in Gujarat or are considering it as a possible location. Those establishing the plants include the ……………………………………………. Question pg. 1 Evaluate the factors that favour Gujarat as a location for manufacturing automobiles. Answer. Gujarat has leveraged its locational advantages, with relatively low transaction costs for accessing markets in the western and northern India. Developing domestic and international financial services, improving road and air connectivity and focusing on affordable housing and other amenities could further add to Gujarat’s locational advantage………………………………………… Q3. Write short notes on:  5Ss system of waste elimination  Scheduling in services  Vendor managed inventory  Subcontracting capacity (production) option Answer.  5 Ss system of waste elimination The Japanese developed the initial 5Ss where each S stands for a Japanese word. The 5Ss are as follows: Sort/segregate – Keep what is needed and remove everything else from the work area; when in doubt, throw it out. Q4. Describe the post implementation review of a project. Explain the tools that may be considered for post implementation review. Answer………………………. Post implementation review after every stage of a project is implemented; it may so happen that there could be a minor change or modification which has to be reviewed. This is known as post implementation review. The review is performed in four parts. pg. 2 1. Final product review: The product obtained after every stage must meet the requirements of that stage. If it completely meets the stated objectives, then focus on the issues of maintenance of the processes and product performance Q5. Explain the steps to set data in logical order so that the business process may be defined. List the ingredients of a business process. Answer. The following steps should be considered for setting the data in a logical order. 1. Check whether the participants in the process that is, people, teams, and electronic applications are sufficient or, any changes and additions need to be made. 2. Ensure that all the data expected is included or not. Generally, we start with an initial set of data which we have. ……………………………. Q 6. Describe the dimensions of quality. Answer. “Quality” has been defined in many different ways and as such there is no commonly agreed definition of quality. Different experts and “gurus” have given definitions based on their observations, experience, and philosophies  Dimensions of quality: Quality is inherent in the product or service that is rendered to the customer. Since we are attempting to measure the same, we will look into those aspects of quality, called dimensions of quality. …………………………. Remaining Answers are available in Paid Assignments…….. Contact us for complete assignments….. pg. 3 CALL OUR TEAM : 09971133389 E-MAIL: mysmuassignment@gmail.com Website: www.smusupport.com ALL OF OUR ASSIGNMENTS ARE IN WORD FORMAT, WUTHOUT WATERMARK AND AS PER NEW GUIDELINES OF SMU……… pg. 4