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SEM 3 – SMU MBA SUMMER 2015 OM0010 OPERATIONS MANAGEMENT

SMU MBA SUMMER 2015 -2016

 

Dear Students, 

 

SMU MBA SUMMER   2015-2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420  or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”

 

DRIVE

Summer 2015

PROGRAM

MBADS (SEM 3/SEM 5)

MBAFLEX/ MBA (SEM 3)

PGDOMN (SEM 1)

SUBJECT CODE & NAME

OM0010 OPERATIONS MANAGEMENT

Qus:1 Define operations strategy. What are the differences between manufacturing and service organisations in terms of operations strategy?

  • Definition of operations
  • List and explain differences between manufacturing and service organisations in terms of operations strategy

Answer:

Definition of operations:

the concept of the operations research, which is one of the important elements of operations management. For managing the operations of an organisation effectively, it is important to formulate a strategy called operations strategy. An operations strategy is a process wherein the key

 

 

Qus:2 Explain the characteristics of services.

Answer:

 

 Explanation of characteristics of services:

There are four characteristics of services, which are discussed as follows:

 

1.Characteristic of intangibility:

 

Intangibility refers to the non-receptive characteristic of products. It is the most basic distinctive characteristic of a service. Services are deeds, actions and performances that cannot be seen, felt,

 

 

Qus3: What is inventory control? Explain the factors considered in inventory control.

  • Explain the term “inventory control”
  • List and describe of factors considered in inventory control

 

Answer:

 

Definition of inventory control:

Inventory control refers to the evaluation of policies, procedures and systems for ensuring an adequate supply of inventory. It is also called stock control, which is a process that involves the supervision, storage and accessibility of goods or items. The main objective of inventory control is to ensure that an organisation has adequate supply of goods to prevent stockouts and oversupply. Therefore, inventory control is all about maintaining balance between undersupply

 

 

Qus:4 Explain the applications of queuing models

  • Give the different applications of the queuing models

Answer:

 

 Give the different applications of the queuing models:

 

Customers are the primary source of revenue for an organisation. They are satisfied if the organisation provides products or services at minimum cost and within the stipulated time. If an organisation makes unwanted delays in delivering services, customers may become highly dissatisfied and switch to other brands. Therefore, the waiting time of customers and the cost of providing

 

 

Qus:5 Write short notes on Markov analysis.

 

  • Definition of Markov analysis.
  • Characteristics of Markov analysis.
  • Assumptions of Markov analysis.
  • Applications of Markov analysis

Answer:

 

 Definition of Markov analysis:

 

Markov analysis is a technique that is used to analyse the present behaviour of a variable and estimate its future behaviour. The concept of Markov analysis was introduced by Andrei A. Markov in the early 1900s. Markov analysis is also known as Markov process or Markov chains. It is a

 

 

Qus:6 Describe the various types of decision making models.

  • List the models
  • Describe the 3 decision making models

Answer:

 

 List the models:

 

 

SMU MBA SUMMER 2015 -2016

 

Dear Students, 

 

SMU MBA SUMMER   2015-2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420  or S M S your “ Email ID ” us in the following Format  “  On +91 9995105420 we will reach back you with in 24H ”

 

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