Download GTU (Gujarat Technological University) MBA (Master of Business Administration) 2016 Winter 2nd Sem 2820006 Production And Operations Management Pom Previous Question Paper
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER (02) ? ? EXAMINATION ? WINTER 2016
Subject Code: 2820006 Date: 25/10/2016
Subject Name: Production and Operations Management (POM)
Time: 10.30 am to 01.30 pm Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1
(a)
Objective Questions 06
1. Process of designing products with less variability is known as
A. Concurrent Engineering B. Robust Design
C. Standardization D. Computer aided design
2. Maximum output rate achieved under all the constraint in manufacturing is known as
A. Effective capacity B. Designed Capacity
C. Actual Capacity D All of the above
3. Slack of an event in project management is
A. Latest occurrence time of
event- Earliest Occurrence
time of event
B. Earliest occurrence time of event- Latest
Occurrence time of event
C. Latest occurrence time of
event- (Earliest Occurrence
time of event + Float)
D. None of the above
4. Stock of inventory stored to meet an inventory cycle determined by an inventory model
is known as
A. Cycle stock B. Buffer stock
C. Anticipation inventory D. All of the above
5. Consumption value CV is
A. CV = Unit Price of item x
number of units consumed
B. CV = Unit Price of item x Cycle stock
C. CV = Unit Price of item x
safety stock
D. None of the above
6. To measure the production process capability with customer specification , what is
being used ?
A. Inventory ratio B. Process Capability ratio
C. Profitability ratio D. Current liabilities.
Q.1 (b) Define following
(1) Optimistic time with respect to project management
(2) Most likely time with respect to project management
(3) Lead time in inventory management
(4) Early start and Early Finish time
04
Q.1 (c) Differentiate between Fixed ? Position layout Vs. Cellular layout and group technology 04
Q.2 (a) Describe a problems can occur to the business house , due to improper facility location
planning.
07
(b) What are control charts? Explain X Bar chart and R chart with necessary formulas and
example. How it is useful for manufacturing process?
OR
07
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Page 1 of 3
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER (02) ? ? EXAMINATION ? WINTER 2016
Subject Code: 2820006 Date: 25/10/2016
Subject Name: Production and Operations Management (POM)
Time: 10.30 am to 01.30 pm Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1
(a)
Objective Questions 06
1. Process of designing products with less variability is known as
A. Concurrent Engineering B. Robust Design
C. Standardization D. Computer aided design
2. Maximum output rate achieved under all the constraint in manufacturing is known as
A. Effective capacity B. Designed Capacity
C. Actual Capacity D All of the above
3. Slack of an event in project management is
A. Latest occurrence time of
event- Earliest Occurrence
time of event
B. Earliest occurrence time of event- Latest
Occurrence time of event
C. Latest occurrence time of
event- (Earliest Occurrence
time of event + Float)
D. None of the above
4. Stock of inventory stored to meet an inventory cycle determined by an inventory model
is known as
A. Cycle stock B. Buffer stock
C. Anticipation inventory D. All of the above
5. Consumption value CV is
A. CV = Unit Price of item x
number of units consumed
B. CV = Unit Price of item x Cycle stock
C. CV = Unit Price of item x
safety stock
D. None of the above
6. To measure the production process capability with customer specification , what is
being used ?
A. Inventory ratio B. Process Capability ratio
C. Profitability ratio D. Current liabilities.
Q.1 (b) Define following
(1) Optimistic time with respect to project management
(2) Most likely time with respect to project management
(3) Lead time in inventory management
(4) Early start and Early Finish time
04
Q.1 (c) Differentiate between Fixed ? Position layout Vs. Cellular layout and group technology 04
Q.2 (a) Describe a problems can occur to the business house , due to improper facility location
planning.
07
(b) What are control charts? Explain X Bar chart and R chart with necessary formulas and
example. How it is useful for manufacturing process?
OR
07
Page 2 of 3
(b) Write a note on Total quality management tools (TQM tools) with suitable examples.
07
Q.3 (a) Write a note on process layout , explain the layouts with suitable examples 07
(b) For following activities in a project management, Draw network diagram find out critical
path , early start and early finish points.
Task Time (Days) Predecessors
A 2 -
B 3 -
C 4 -
D 1 A
E 2 B
F 5 B
G 7 C
H 2 D,E
I 3 F,G
J 1 H,I
07
OR
Q.3 (a) Write a note on Program evaluation and Review technique and role of Beta curve in the
same.
07
(b) Legend bikes limited resources 6000 side mirrors for it?s bikes from an outside suppliers.
The operating cost is Rs. 10/- per order and CC is Rs. 6 per unit per year. The company
has a 300 working days cycle per year. Find out following
(a) EOQ, (b) Number of orders per year (c) Total inventory cost (d) Number of
inventory cycles in a year.
07
Q.4 (a) Explain inventory cycle, EOQ (Economic Order Quantity ) and EOQ with safety stock
considerations.
07
(b) Write a note on Just In time method of inventory management and also explain merits and
demerits of the same. Write a note about the situations where just in time method may not
be suitable to adopt.
07
OR
Q.4 (a) Write a note on operations strategies for multiple facilities. 07
(b) Write a differentiating note between Kaizen and Kanban Visiual systems with suitable
examples with respect to manufacturing process.
07
Q.5 A leading car manufacturing company decided to have their new manufacturing
plant at West Bengal state of India with an intention of manufacturing the lowest
cost car , making it affordable for everyone . Project execution team of the
company started setting up manufacturing facilities on war footing basis and almost
after 50% work was done and 60% time was consumed, due to the political and
legal environment of the business , Car company had to stop the execution of the
project.
After loosing few more weeks as a part of conflict resolution mechanism , both the
government officials and company authorities came to the conclusion that project
will not be able to take shape at this state and will not get executed further on that
land.
After loosing sizable time and resources, company decided to shift the
manufacturing facility to another state (Gujarat). After doing so, the major
challenge company?s board of director were facing that of , having production
14
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Page 1 of 3
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER (02) ? ? EXAMINATION ? WINTER 2016
Subject Code: 2820006 Date: 25/10/2016
Subject Name: Production and Operations Management (POM)
Time: 10.30 am to 01.30 pm Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1
(a)
Objective Questions 06
1. Process of designing products with less variability is known as
A. Concurrent Engineering B. Robust Design
C. Standardization D. Computer aided design
2. Maximum output rate achieved under all the constraint in manufacturing is known as
A. Effective capacity B. Designed Capacity
C. Actual Capacity D All of the above
3. Slack of an event in project management is
A. Latest occurrence time of
event- Earliest Occurrence
time of event
B. Earliest occurrence time of event- Latest
Occurrence time of event
C. Latest occurrence time of
event- (Earliest Occurrence
time of event + Float)
D. None of the above
4. Stock of inventory stored to meet an inventory cycle determined by an inventory model
is known as
A. Cycle stock B. Buffer stock
C. Anticipation inventory D. All of the above
5. Consumption value CV is
A. CV = Unit Price of item x
number of units consumed
B. CV = Unit Price of item x Cycle stock
C. CV = Unit Price of item x
safety stock
D. None of the above
6. To measure the production process capability with customer specification , what is
being used ?
A. Inventory ratio B. Process Capability ratio
C. Profitability ratio D. Current liabilities.
Q.1 (b) Define following
(1) Optimistic time with respect to project management
(2) Most likely time with respect to project management
(3) Lead time in inventory management
(4) Early start and Early Finish time
04
Q.1 (c) Differentiate between Fixed ? Position layout Vs. Cellular layout and group technology 04
Q.2 (a) Describe a problems can occur to the business house , due to improper facility location
planning.
07
(b) What are control charts? Explain X Bar chart and R chart with necessary formulas and
example. How it is useful for manufacturing process?
OR
07
Page 2 of 3
(b) Write a note on Total quality management tools (TQM tools) with suitable examples.
07
Q.3 (a) Write a note on process layout , explain the layouts with suitable examples 07
(b) For following activities in a project management, Draw network diagram find out critical
path , early start and early finish points.
Task Time (Days) Predecessors
A 2 -
B 3 -
C 4 -
D 1 A
E 2 B
F 5 B
G 7 C
H 2 D,E
I 3 F,G
J 1 H,I
07
OR
Q.3 (a) Write a note on Program evaluation and Review technique and role of Beta curve in the
same.
07
(b) Legend bikes limited resources 6000 side mirrors for it?s bikes from an outside suppliers.
The operating cost is Rs. 10/- per order and CC is Rs. 6 per unit per year. The company
has a 300 working days cycle per year. Find out following
(a) EOQ, (b) Number of orders per year (c) Total inventory cost (d) Number of
inventory cycles in a year.
07
Q.4 (a) Explain inventory cycle, EOQ (Economic Order Quantity ) and EOQ with safety stock
considerations.
07
(b) Write a note on Just In time method of inventory management and also explain merits and
demerits of the same. Write a note about the situations where just in time method may not
be suitable to adopt.
07
OR
Q.4 (a) Write a note on operations strategies for multiple facilities. 07
(b) Write a differentiating note between Kaizen and Kanban Visiual systems with suitable
examples with respect to manufacturing process.
07
Q.5 A leading car manufacturing company decided to have their new manufacturing
plant at West Bengal state of India with an intention of manufacturing the lowest
cost car , making it affordable for everyone . Project execution team of the
company started setting up manufacturing facilities on war footing basis and almost
after 50% work was done and 60% time was consumed, due to the political and
legal environment of the business , Car company had to stop the execution of the
project.
After loosing few more weeks as a part of conflict resolution mechanism , both the
government officials and company authorities came to the conclusion that project
will not be able to take shape at this state and will not get executed further on that
land.
After loosing sizable time and resources, company decided to shift the
manufacturing facility to another state (Gujarat). After doing so, the major
challenge company?s board of director were facing that of , having production
14
Page 3 of 3
started on planned date as it was earlier and to do so , how to expedite project of
setting up manufacturing process .
The other major challenge was, as sizable resources (capital mainly) were lost the
process, Producing the car at the lowest cost was another major challenge they were
facing.
Third and important challenge for the company officials was to maintain the
consistency in quality ? in spite of expediting manufacturing plant execution process
and dropping the cost at every stage.
Keeping the three challenges in the mind answer the following questions.
(1) How project management concept will help in addressing the problem of
execution of the plant in a very short span of time?
(2) How inventory management tools will help in dropping the cost?
(3) Which quality tools the company will have to ensure the consistent quality to
have required quality product at lower cost?
OR
Q.5 Flag bearings has been indenting 20,000 bearings rollers every year form the supplier,
Rotomac rollers. The OC is Rs. 100 and CC is Rs.1 per unit per year. The price of roller is
Rs.5.0 and supplier offers a 5% discount if the purchases are made in a lots of 10,000 rollers
or more. Determine whether a discount model is more preferable or EOQ model?
14
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This post was last modified on 19 February 2020