+1-415-315-9853

info@mywordsolution.com

## Management Studies

 Management Theories Operation Management HR Management Project Management Business Management Operation Research Marketing Management Strategic Management Management Information System

1)a) describe manufacturing cell layout with an ex.

1)b) NBC Limited has to supply orient fans with 24,000 bearings per year on a steady daily basis. It is estimated that it costs Rs.1.20 as inventory holding cost per bearing per year and that the setup cost per run of bearings manufacture is Rs.324. What should be the optimal run size for bearing manufacture? Find out the minimum inventory cost. What would be the interval between two consecutive optimal runs?

2)a) What do you understand by capacity requirements plan?

2)b) As a product moves through its life cycle, what changes can be expected in

(i) the variety of designs offered,

(ii) its competitive factors, &

(iii) its profitability?

3)a) A company wants to plan production for the ensuing year so as to minimize the combined cost of production and storage. In each quarter of the year demand is anticipated to be 65, 80,135 & 75 units respectively. The product can be manufactured during regular time at a cost of Rs.16 per unit or during overtime at a cost of Rs.20 per unit. The cost of carrying inventory for one unit per quarter is Rs.2. The inventory at the beginning of the first quarter is zero and the production capacity quarter-wise is given below.

Quarter-wise Production

Quarter                    Regular time                        Over time
1                                       80                                   10
2                                       90                                   10
3                                      95                                    20
4                                      70                                    10

What should be the production schedule?

4)a) Describe the inputs to the production planning system?

4)b) The following is the historical demand for a product.

Month        Jan. Feb. Mar. Apr. May  Jun.
Demand      15   11   12    12   16    17

(i) What is the forecast for July using a simple moving average for 3 months?

(ii) What is the forecast for July using single exponential smoothing, smoothing constant of 0.2? The forecast for January was 14.

5)a) What is ABC analysis? How does it assist inventory control?

5)b) A machine shop has five machines- A,B,C,D & E. Two jobs must be processed through each of these machines. The time in hours taken on each of these machines & the necessary sequence of jobs through the shop are given below.

Job 1 Sequence       A    B   C   D   E
Time          2     4   3   6    6
Job 2 Sequence      C     A   D   E   B
Time          4    6    3    3   6

Use graphical method to minimize the time needed to process the jobs on the given machines and find out the total time needed to complete both jobs.

6)a) What are the different measures of forecasting accuracy? describe.

6)b) Alfa Industries has to decide whether to set up a large plant or a small plant for its new range of refrigerators. A large plant will cost the company Rs.250 lakhs while a small plant will cost Rs.120 lakhs. An extensive market survey and a cost profit volume analysis carried out by the company reveal the following estimates for sales over the next 10 years.

High demand Probability = 0.5
Moderate demand Probability = 0.3
Low demand Probability = 0.2

(i) A large plant with high demand will yield an annual profit of Rs.100 lakhs.

(ii) A large plant with moderate demand will yield an annual profit of Rs.100 lakhs.

(iii) A large plant with low demand will lose Rs.20 lakhs annually because of production inefficiencies.

(iv) A small plant with high demand would yield Rs.25 lakhs annually, taking in to account the cost of lost sales due to inability to meet demand.

(v) A small plant with moderate demand will yield Rs.35 lakhs annually, as the loss due to lost sales will be lower.

(vi) A small plant with low demand will yield Rs.35 lakhs annually, as the plant capacity and demand will match.

Operation Management, Management Studies

• Category:- Operation Management
• Reference No.:- M94475

Have any Question?

## Related Questions in Operation Management

### Select three metrics that you will use in your assignment 3

Select three metrics that you will use in your assignment 3 to measure the effectiveness of the HR programs at the end of the transformation you will design.

### In your educated opinion does plump n stuffy need to make

In your educated opinion, does Plump n' Stuffy need to make policy changes to ensure compliance with Title VII of the Civil Rights Act of 1964? Should there be changes to comply with the Age Discrimination in Employment ...

### Assignment om course project om as a competitive advantage

Assignment : OM Course Project: OM as a Competitive Advantage in Your Organization This project will help you synthesize and apply what you have learned in the Operations Management course to your organization. Keep in m ...

### Recommend a plan or strategy to be followed by safety

Recommend a plan or strategy to be followed by safety professionals if they become involved in the litigation process as a representative of an employer organization. A few paragraphs, work cited.

### Discussion 1information technology is the process of using

Discussion 1 Information technology is the process of using computers or computing devices to obtain and handle information and data. Using this technology is something that is performed daily by people all over the worl ...

### The design of your jobthink of a specific job current or

The Design of Your Job Think of a specific job (current or previous) you have held and name it. Please answer the following questions about those work activities. Respond to each item below, indicating whether it is Most ...

### Given the importance of designing and aligning jobs to

Given the importance of designing and aligning jobs to achieve organizational outcomes, conduct a job analysis to report information about job content, requirements, competencies, and rewards. Explain how job analysis ca ...

### Mundo manufactures printing presses extra a publisher of a

Mundo manufactures printing presses. Extra, a publisher of a local newspaper, had decided to purchase new presses. Rep, a representative of Mundo, met with Boss, the president of Extra, to describe the advantages of Mund ...

### 1 why is ethical misconduct more difficult to overcome than

1. Why is ethical misconduct more difficult to overcome than poor financial performance? 2. What are the three types of conditions to a contract that may exist? Explain each one. 3. With regard to the reluctant workers c ...

### Developnbspa 1225-word change management plan for the

Develop  a 1,225-word Change Management Plan for the organization. Include  how the change affected the human resources function. Consider  the following for your plan: The purpose for the change; The people involved in ...

• 13,132 Experts

## Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

### WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

### Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

### Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

### Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

### Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro