Learning Outcomes to be assessed in this assessment
- Identify and solve decision problems related to the various operations functions, like capacity, demand forecasting, project management, and inventory control.
- Differentiate the different techniques and use the appropriate technique in problem solving within operations management.
Answer all the questions using appropriate examples.
1. Elaborate the advantages of using capacity management for solving capacity issues in any organization
2. What is forecasting and how does it help in solving problems in an organization
3. Elucidate on using Break even analysis as a mechanism of solving issues in an organization
4. Highlight the key issues faced by a manufacturing company in their day to day operations. Consider taking an example of a manufacturing company in Oman.
As per MEC policy, any form of violation of academic integrity will invite severe penalty. Plagiarised documents, in part or in whole, submitted by the students will be subject to this policy.
A. First offence of plagiarism
a. A student will be allowed to re-submit the assignment once, within a maximum period of one week. However, a penalty of deduction of 25% of the marks obtained for the resubmitted work will be imposed.
b. Mark deduction: When the work is resubmitted, the marking will be undertaken according to the marking criteria. In compliance with this policy, the 25% deduction is then made on the marks obtained. For example, in an assessment that carries a maximum of 50 marks, suppose a student were to obtain 30 marks for the resubmitted work, the final marks for that assessment will be
22.5 (after deducting 25% of the marks actually obtained for the resubmitted work).
c. Period of resubmission: The student will have to resubmit the work one week from the date he or she is advised to resubmit. For example, if the formal advice to resubmit was communicated to the student on a Sunday (latest by 5 pm), the student will have to resubmit the work latest by next Sunday 5 pm.
d. If the re-submitted work is also detected to be plagiarized, then the work will be awarded a zero.