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business
production and operations management

Questions and Answers of Production And Operations Management

9. A location decision for an appliance manufacturer would tend to have a (an): (a) Labour focus (c) Environmental focus (b) Cost focus (d) Revenue focus
11. Tangible costs include which of the following? (a) Zoning regulations (c) Availability of public transportation (b) Taxes (d) Quality of education
10. When making a location decision at the country level, which of these would be considered? (a) Zoning restrictions (c) Corporate desires (b) Land/construction (d) Location of market
12. Evaluation of location alternatives by comparing their composite (weighted-average) scores involves: (a) Centre of gravity method (b) Analytical hierarchy process (c) Factor-rating systems (d)
13. Select True or False. (a) The right location is an essential requirement for the success of any business. (b) According to Alfred Weber, the primary factors are easy communication, cheap bank
1. What do you mean by facility location? Discuss the strategic role of facility location.
2. Explain the various methods to evaluate the location decision methods.
3. Define the location selection techniques.
4. What factors will you keep in mind while selecting the location?
5. Give in brief the various location evaluation retail considerations.
6. What are various company requirements in developing the location strategy?
7. Discuss at least ten important factors to locate a steel plant.
1. Using the data of the table, calculate the loss for Bright Petroleum stations during the last two years using regression analysis.Mr. Ramesh Gupta, a successful textbook author and Management
2. Was it worth to depend on costly approach (approx. Rs. 25,000) to perform the marketing research?Mr. Ramesh Gupta, a successful textbook author and Management professor, retired from his job in
3. Estimate the total loss in gross sales for Ramesh's Bright Petroleum stations over the two-year period. How accurate can the results claim to be?Mr. Ramesh Gupta, a successful textbook author and
4. What other factors might be introduced into the lawsuit?Mr. Ramesh Gupta, a successful textbook author and Management professor, retired from his job in 1983 when he was 50 years old. During the
1. Forecasts: (a) Are more accurate for individual items than for groups of items (b) Become more accurate with longer time horizons (c) Are rarely perfect (d) All of the above
2. Forecasts are usually classified by time horizon into three categories: (a) Departmental, organizational and industrial (b) Short-range, medium-range and long-range (c) Strategic, tactical and
3. The three major types of forecasts used by business organizations are: (a) Economic, technological and demand (b) Strategic, tactical and operational (c) Causal, time series and seasonal (d)
4. The two general approaches to forecasting are: (a) Historical and associative (b) Mathematical and statistical (c) Judgemental and qualitative (d) Qualitative and quantitative
5. The medium-term objectives of demand forecasting are: (a) Strategic planning, product planning and capacity planning (b) Production and layout planning, aggregate planning and sales and marketing
6. Which of the following is not a type of qualitative forecasting? (a) Scenario writing (c) Weighted moving average method (b) Intuitive approaches (d) Delphi method
7. The forecasting model that pools the opinions of a group of experts or managers is known as the: (a) Intuitive approaches model (b) Expert judgment model (c) Scenario writing model (d) Delphi
8. Which of the following statements about time series forecasting is true: (a) It makes extensive use of the data collected in the qualitative approach (b) It is based on the assumption that future
9. In item series method of forecasting, which of the following cannot be predicted: (a) Technological trends (c) Random fluctuations (b) Large increases in demand (d) Seasonal fluctuations
10. The primary purpose of the mean absolute deviation in demand forecasting is to: (a) Seasonally adjust the forecast (c) Eliminate forecast errors (b) Measure the forecast accuracy (d) Estimate the
11. For a given product demand, the series trend equation is 24.2 + 301x. What is your forecast of demand for period of 6? (a) 63.8 (c) 28.2 (b) 42.8 (d) 41.8
12. If two variables were perfectly correlated, the correlation co-efficient would be equal to: (a) Less than 1 (c) Greater than 1 (b) -1 or +1 (d) Exactly 1
13. Which of the following is not a characteristic of exponential smoothing? (a) Has minimal data storage requirements (b) Easily altered weighting scheme (c) Smoothes random variations in the data
14. Select True or False: (a) Forecasting intends to help decision making and planning in the present. (b) Long-term objectives of demand forecasting are purchase planning, inventory plan, job
1. Define forecasting. What are its charactertics?
2. What are quantitative and qualitative methods of forecasting?
3. Explain the focus forecasting with an example.
4. What are proper criteria for selecting a forecasting method?
5. Define forecasting error.
6. Why do we make demand forecasting?
7. What are the time horizons in demand forecasting? Explain.
8. What are the objectives of demand forecasting?
(a) The President of the CRF Zoo asked you to calculate the expected gate admittance figures and revenues for both 1996 and 1997. Would simple linear-regression analysis be the appropriate
(b) Besides the admission price, what other factors that influence annual attendance should be con- sidered in the forecast?CRF is a tyre industry and as a part of Corporate Social Responsibility
6. The Basic formula of utilization is: (a) Utilization= (c) Utilization = Actual output Design capacity Effective capacity Actual output (b) Utilization Actual output Effective capacity (d)
1. Draw an organization chart for ISM.The need for implementing diagnosis through physical therapy and fitness programmes is being recognized by many orthopedic M.D.s, cardiologists and sports
2. Suppose you are planning the layout for the institute of sports of medicines by following the key to inputs to the layout problem shown earlier in this chapter. What critical points will you
3. For ISM, make a brief list of inputs in rough form to indicate your understanding of the key.The need for implementing diagnosis through physical therapy and fitness programmes is being recognized
4. Prepare a layout of the floor plan of the institute. Get advice and comments from other students.The need for implementing diagnosis through physical therapy and fitness programmes is being
5. Lay out the arrangement of equipment within the floor plan.The need for implementing diagnosis through physical therapy and fitness programmes is being recognized by many orthopedic M.D.s,
What is the maximum number of applications per hour that can be handled by the present con- figuration of the process?Admission Process in Educational Institute and its Analysis: Mr. Rohit, admission
How many applications can be processed per hour if another faculty is added for test?Admission Process in Educational Institute and its Analysis: Mr. Rohit, admission coordinator of a well- known
How would you suggest modifying the process to accommodate 120 applications per hour?Admission Process in Educational Institute and its Analysis: Mr. Rohit, admission coordinator of a well- known
1. If you are responsible for production, how would you make aggregate production plan for each quarter?Sudershan Gupta, CEO of MICEL INDIA, manufacturing voltage regulator wanted to finalize the
2. Which option would you prefer to increase the capacity to optimize the cost function?Sudershan Gupta, CEO of MICEL INDIA, manufacturing voltage regulator wanted to finalize the aggregate plan. He
3. In your opinion, should the company opt for promotional campaign or not? Justify your statement.Sudershan Gupta, CEO of MICEL INDIA, manufacturing voltage regulator wanted to finalize the
4. Before taking any decision, what analysis would you prefer to make for various departments?Sudershan Gupta, CEO of MICEL INDIA, manufacturing voltage regulator wanted to finalize the aggregate
Why is operations management important in all types of organisations?
What is the input–transformation–output process?
What is the process hierarchy?
How do operations (and processes) differ?
What do operations managers do?
Why is operations performance vital in any organisation?
How is operations performance judged at a societal level?
How is operations performance judged at a strategic level?
How is operations performance judged at an operational level?
How can operations performance be measured?
How do operations performance objectives trade off against each other?
What is strategy and what is operations strategy?
How does operations strategy align with business strategy (top-down)?
How does operations strategy align with market requirements(outside-in)?
How does operations strategy align with operational experience(bottom-up)?
How does operations strategy align with operations resources(inside-out)?
How are the four perspectives of operations strategy reconciled?
How can the process of operations strategy be organised?
What is product and service innovation?
What is the strategic role of product and service innovation?
What are the stages of product and service innovation?
How should product and service innovation be resourced?
What is the structure and scope of supply?
How should the supply network be configured?
How much capacity should operations have?
Where should operations be located?
How vertically integrated should an operation’s supply network be?
What activities should be in-house and what should be outsourced?
What is process design?
What should be the objectives of process design?
How do volume and variety affect process design?
How are processes designed in detail?
How can the layout and look of facilities influence performance?
What are the basic layout types and how do they affect performance?
How does the appearance of an operation’s facilities affect its performance?
What information and analysis is needed to design the layout and look of facilities?
What is process technology and why is it getting more important?
How can one understand the potential of new process technology?
How can new process technologies be evaluated?
How are new process technologies developed and implemented?
Why are people so important in operations management?
How can the operations function be organised?
How do we go about designing jobs?
How are work times allocated?
What is planning and control?
How do supply and demand affect planning and control?
What is ‘loading’?

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