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Mba Zg526 Ec-3r Second Sem 2023-2024

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100 views

Mba Zg526 Ec-3r Second Sem 2023-2024

Question paper

Uploaded by

2023hb59507
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Birla Institute of Technology & Science, Pilani

Work Integrated Learning Programmes Division


Second Semester 2023 - 2024
Comprehensive Examination (Regular)

Course No. : MBA ZG526


Course Title : Operation Management No. of Pages =3
Nature of Exam : Open Book No. of Questions = 5
Weightage : 45%
Duration : 2.5 Hours
Date of Exam : 17/05/2024 (FN)
Note:
1) Please follow all the Instructions to Candidates given on the cover page of the answer book.
2) All parts of a question should be answered consecutively. Each answer should start from a fresh page.
3) Assumptions made, if any, should be stated clearly at the beginning of your answer.

Q.1 (a) You are an analyst for a manufacturing company that sells seasonal products such as
umbrellas. The company wants to improve its inventory management by accurately
forecasting the demand for umbrellas for the upcoming summer. How would you approach
this forecasting task? Justify your recommendation. [4]
Q.1 (b) Favors Distribution Company purchases small imported trinkets in bulk, packages them, and
sells them to retail stores. The managers are conducting an inventory control study of all their
items. The following data are for one such item, which is not seasonal. Help the company
choose the method that provides a better forecast of exponential smoothening (alpha =.6) and
the 4-period moving average. Justify your answer with suitable calculations.

Mont Ma Se No
h Jan Feb r Apr May Jun Jul Aug p Oct v Dec

Sales 51 55 54 57 50 68 66 59 67 69 75 73

[6]
Q.2 The company has three machining centres (A, B and C) and three new jobs (1, 2 and 3) to
complete. The cost of performing the individual job in each machine centre is mentioned in the
table. Do the job assignment for minimum cost. [5]

Job Type Machining Centre A Machining Centre B Machining Centre C


Job 1 12 10 11
Job 2 10 12 8
Job 3 11 19 8

Q.3 (a) A newly established manufacturing company hires you to help them choose a layout for their
product and optimize the resource usage for production. The company owner is unfamiliar
with layout types and their objectives. Help the owner to choose one layout explaining the
merits and demerits of each of them. [3]
Q.3 (b) Evaluate the number of units you need to order in each lot for given data. Demand =8000
units/yr. Fixed order cost of Rs. 500/per order. Holding cost=10% of ad The price the
supplier charges follows the all-unit discount pricing. Also find the time between two orders
number orders and the total inventory cost for EOQ and Discounted quantity. [7]
Order quantity Unit Price

0-549 Rs.500
550-600 Rs. 450
Over 600 Rs. 400

Q.4 Consider the network described in the table below. [4+4+2]

Immediate
Activity Pessimistic Probable Optimistic
Predecessor(s)

J -- 15 10 8

K -- 9 8 7

L J 10 6 5

M J 3 3 3

N K,M 9 5 1

O K,M 10 7 4

P L,N 10 8 3

a. Calculate the expected duration of each activity.


b. Develop the diagram to analyse the critical path and calculate the expected duration and
variance of the project.
c. Calculate the probability that the project will be completed in fewer than 30-time units.

Q.5 Righty, Inc. produces high-quality but expensive training shoes for runners. The Tailwind shoe,
which sells for $210, contains gas- and liquid-filled compartments to provide more stability and
better protection against knee, foot, and back injuries. Manufacturing the shoes requires ten
separate tasks. There are 400 minutes available to manufacture the shoes in the plant daily. Daily
demand is 60. The information for the tasks is as follows: [1+3+3+3]
a) Draw the precedence diagram.
b) Assign tasks to the minimum feasible number of workstations.
c) What is the efficiency of the process you completed in (b)?
d) What is the idle time per cycle?

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