OM 0013 – ADVANCED PRODUCTIONAND OPERATIONSMANAGEMENT
ASSIGNMENT
DRIVE | SPRING2016 |
PROGRAM | MBA |
SEMESTER | III |
SUBJECT CODE &NAME | OM 0013 – ADVANCED PRODUCTIONAND OPERATIONSMANAGEMENT |
BKID | B1935 |
CREDITS &MARKS | 4CREDITS &60 MARKS |
Q.No | Criteria | Marks | TotalMarks |
1 | Writeshortnotes onthefollowing | ||
a. Types ofOperationalStrategiesb. CurrentTrends in OperationsManagement c. Types ofbenchmarking d. Automatedassemblylines |
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A | a. TypesofOperationalStrategies
b. CurrentTrendsin OperationsManagement c. Typesofbenchmarking d. Automatedassembly lines |
2.5
2.5 2.5 2.5 |
10 |
2 | DescribeComputer-AidedManufacturing(CAM). | ||
A | Computer-AidedManufacturing(CAM)
Applications ofComputer-AidedManufacturing(CAM)Benefitsof Computer-AidedManufacturing(CAM)Problems ofComputer-AidedManufacturing(CAM) |
2.5
2.5 2.5 2.5 |
10 |
3 | Explainvariousfactorsaffecting afacilitylocation. | ||
A | Explainvariousfactorsaffectinga facilitylocation. | 10 | |
4 | CaseStudy-Organization:Fortunesolutions
Themarketplaceforpharmaceuticalcompaniesishighlycompetitive.Asaresultthereisaneedforaflexible,accurateandresponsiveglobalplanningprocesstosupportthekeyfactorsof |
rapidtimetomarket,rapidresponsetodemandchanges,lowcosts.EachsupplychainhaddevelopeditsownSalesOperationsplanning(SOP)processmakingitdifficulttocombineandformaglobalviewofdemandandsupplyandtomaximizesalesopportunities.Therequirementwas to create a standardSOP processto be used atallthe supplychains,incorporatingcompanyand industrybestpractice.
Thesolutionforthisproblemwasdevelopedasfollows:AworkshopanalyzedallSOPmodelsusedwithinthecompanyandcomparedthesewithbusinessrequirementsandbestpractice.AsaresultofcombinedSOPmodels,theorganizationwasabletodevelopabestfitSOPmodelthatcouldbe rolledoutacrossthecompany. Theworkshopproducedadetaileddocumentationwhichdescribedaboutinputs,meetingagendasand attendees,outputs,keyperformanceindicatorsforeachstageoftheprocess. AsimulationofthefullSOPmodelwasdevelopedthatenabledfinaldesignimprovementstobemade andtrainingofprocessparticipants andkeystakeholders.Thisallowed asuccessfulimplementationplantobedeveloped.Uponimplementing,theprocesswastriedontrialrunfora period of4 months tofacilitatefinetuning.TheresultingSOPmodelwasthenrolled outacrossthe companyto achievefullbenefits. TherapidimplementationofastandardizedSOPprocessgaveimmediatebenefitstothefortunesolutionsin termsof: · Increasedcustomerservicelevelandsuperiorproductavailability. · Reducedcostsfrom higherresourceutilization,reducedwaste. · Improvedcashflow due tooptimizedinventoryandimprovedscheduleadherence. |
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Question-
a. Givethe reasonfordeveloping astandardizedSOPprocess. b. How wasthe solutiondeveloped?c. Whatarethe benefits ofastandardizedSOPprocess? |
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A | a. Reasonfordevelopinga standardizedSOPprocess
b. How wasthesolutiondeveloped? c. Whatarethebenefits ofa standardizedSOPprocess? |
4
3 3 |
10 |
5 | What isnew product development?Explaintheimpactof interneton new productdevelopment. | ||
A | Definitionofnewproductdevelopment, how itisdriven
Descriptionoftheimpactofinternetonnewproductdevelopment(how itisfreeingdevelopers to generateideas,example/s) |
5
5 |
10 |
6 | Writeshortnotes onthefollowing: | ||
a. ValueStreamMapping
b. Benefitsof JITc. IdealProductionSystem |
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A | a. ValueStreamMapping
b. BenefitsofJIT c. IdealProductionSystem |
3
4 3 |
10 |
*A-Answer
Note–Pleaseprovidekeywords,shortanswer,specificterms,specificexamplesandmarksbreak-up(wherevernecessary)
Note–Answerallquestions.Kindlynotethatanswersfor10marksquestionsshouldbeapproximatelyof400 words. Eachquestionisfollowedbyevaluationscheme.