Operation Management
- How would operations strategy for a service industry be different if any from that for a manufacturing industry? (It’s an example & explains)
- Consider the following two mutually exclusive projects. The net cash flows are given below:
| YEAR | NET CASH FLOWS FROM PROJECT A | NET CASH FLOWS FROM PROJECT B |
| 0 | -Rs.1,00,000 | -Rs.1,00,000/- |
| 1 | +Rs.30,000 | +Rs.15,000/- |
| 2 | +Rs.35,000 | +Rs.17,500/- |
| 3 | +Rs.40,000 | +Rs.20,000/- |
| 4 | +Rs.45,000 | +Rs.22,500/- |
| 5 | +Rs.25,000/- | |
| 6 | +Rs.27,500/- | |
| 7 | +Rs.30,000/- | |
| 8 | +Rs.32,500/- |
If the desired rate of return is 10% which project should be chosen?
- What are the levels of aggregation in forecasting for a manufacturing organization? How should this hierarchy of forecasts be linked and used?
- How would forecasting be useful for operations in a BPO (Business processes outsourcing) unit? What factors may be important for this industry? Discuss.
- A good work study should be followed by good supervision for getting good results. Explain with an example.
- What is job evaluation? Can it be alternatively used as job ranking? How does one ensure that job evaluation evaluates the job and not the man? Explain with examples?
- What is the impact of technology on jobs? What are the similarities between job enlargement & job rotation? Discuss the importance of training in the content of job redesign? Explain with examples?
- What is internet connectivity? How is it important in to days business would with respect to materials requirement planning & purchasing? Explain with examples?
- Would a project management organization be different from an organization for regular manufacturing in what ways? Examples.
- How project evaluation different from project appraisal? Explain with examples
