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 OPERATION AND PRODUCTION MANAGEMENT

  Hello student`s

Welcome to our Institute. We are here to provide you a Questions Papers for Year 2009 and 2011.

YEAR-2009                   M.B.A-II semester                                  [NOTES]


Time:3 Hours                                                                                          Total Marks:-70

The Questions paper is divided into two sections.Sections A contains 6 questions out of which the candidate is required to attemp any 4 questions. Section B contains short case study/application based on 1 question which is compulsory.

                                         All questions are compulsory.

SECTION-A


Q.1 (i) What is the role of production and operation management in the achievments of organisational goal ?   [7]
(ii) What do you mean by Operation Research ? What is significance of a global strategy as compared to a local strategy ?   [7]

Q.2 State main objectives of the production order. Explain three important tools that are used in preparing the production order.   [5+9]

Q.3 Write a brief note on the following :    [7+7]
(i) Production control charts
(ii) JIT

Q.4 (i) Discuss in brief the various tools of method analysis.   [7]
(ii) What is work sampling ? Discuss its procedure.   [7]

Q.5 What do you mean by inventory control ? Discuss the various tools of inventory management ?   [14]

Q.6 What do you understand by network analysis ? Explain its objective.   [14]

SECTION-B

Q.7 Case study/problem :   [14]
A dealer supplies you the following information with regard to a product dealt in by him :
Annual demand = 10,000 units
Ordering cost = Rs 10 per order
Inventory carrying cost = 20 per cent of the value of inventory per year.

The dealer is considering the possibility of allowing some backorder(stockout) to occur. He has estimated that the annual cost of backordering will be 25% of the value of inventory.

(a) What should be the optimum number of units of the product he should buy in one lot ?

(b) What quantity of the product should be allowed to be backordered, if any ?

(c) What would be the maximum quantity of inventory at any time of the year ?

(d) Would you recommend to allow backordering ? if so, what would be the annual cost saving by adopting the policy of backordering ?

YEAR-2011


Time:3 Hours                                                                                          Total Marks:-70

The Questions paper is divided into two sections.Sections A contains 6 questions out of which the candidate is required to attemp any 4 questions. Section B contains short case study/application based on 1 question which is compulsory.

                                         All questions are compulsory.

SECTION-A

Q.1(a) What is mean by the term operations ? How does it differ from the term production ?[4]
(b) List the factors with reasons to be considered for the establishment of petroleum refinery at BARMER.[4]
(c) Develop a trend line for the following data to forecast the demand for the period 10 and 11 : [6]
PeriodDemand
144
252
350
454
555
655
760
856
962

Q.2(a) Using data, obtain the EOQ and the total variable cost associated with the policy of EOQ.
Annual demand = Rs. 20,000
Ordering cost = Rs. 150 per order
Monthly Inventory carrying cost = 2 % of average inventory value.          [8]

(b) Review the assumption of EOQ model used in the derivation.            [3]

(c) Describe the philosophy of JIT with respect to inventory.                  [3]

Q.3 (a) A company plans to assign 5 salesman to 5 districts in which it operates. Estimates of sales revenue in thousands of rupee for each salesman in different districts are given in the table shown. What should be the placement of the salesman if the objectives is to maximise the expected sales revenue ? [7]
District

Salesman
D1 D2D3 D4D5
S140464836 48
S248323629 44
S349354138 45
S430464944 44
S537414843 47

(b) Solve the following transportation problem. Obtain the initial solution by NW corner rule.
To

From
P QR SSupply
A7386 60
B42510 100
C2651 40
Demand20505080 200
Obtain the optimal solution.     [7]

Q.4(a) A company manufactures 30 units per day. The sales of these items depends upon demand which has the following distribution :
Sales(units)Probability
270.10
280.15
290.20
300.35
310.15
320.05
The production cost and sales price of each unit are Rs.40 and Rs.50 respectively. Any unsold product is to be disposed off at a loss of Rs. 15 per unit. There is a penalty of Rs. 5 per unit if demand is not met. Using the following random numbers, estimate the total profit/loss for the next ten days :
10,99,65,99,95,01,79,11,16,20
If the company decides to produce 29 units per day, what is the advantage or disadvantage of the company ?       [10]

(b) List the factors influencing plant lay-out decisions. [2]

(c) List various material handling equipments. [2]

Q.5 (a) A time study is made of a punch press operator the results of which yield an average time per piece of 0.30 minute. The punch press operator`s performance during the study was rated as 120 percent.If total allownaces are 10 percent of STANDARD TIME.What is the standard time for this operation ?        [8]

(b) Define motion and time study according to      [4]
(i) Taylor and
(ii) Gilbreth

(c) Discuss in brief cycle graph and chronocycle graph.     [2]

Q.6 (a) Using the information contained in the table shown, do each of the following :
(i) Draw a precedence diagram
(ii) Assuming an eight-hour working, compute the cycle time needed to obtain an out put of 400 units/day.
(iii) Determine the minimum number of work stations required :
TaskImmediate FollowerTask Time(Mins)
ab0.2
be0.2
cd0.8
df0.6
ef0.3
fg1.0
gh0.4
hend0.3
(iv) Compute the resulting efficiency of the system.       [10]

(b) Discuss briefly production planning and control.     [4]

SECTION-B

Q.7 A small project is comprised of 7 activities whose time estimates are listed in the table below :
ActivityEstimates optimisticDuration Most likelyin weeks Pessimistic
1-2117
1-3147
1-4228
2-5111
3-52514
4-6258
5-63615
(a) Draw the project network and identify all the paths through it.   [4]

(b) Find the expected duration and variance for each activity. what is the expected project length ?   [2]

(c) Calculate the variance and standard deviation of the project length.
what is the probability that the project will be completed ?
(i) At least 4 weeks earlier than expected time.
(ii) No more than 4 weeks later than expected time.   [6]

(d) If the project due dates is 19 weeks, What is the probability of not meeting the due date.
Given   [2]
Z :0.500.671.001.33 2.00
P :0.30850.25140.1587 0.09180.0228
 
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