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This particular Assignment references the syllabus chosen for the subject of Management, for the January 2024 - July 2024 session. The code for the assignment is MMPC-09 and it is often used by students who are enrolled in the MBA (New), MBF (New), MBAFM, MBAHM, MBAMM, MBAOM Degree.
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1. There are many stages involved in bringing a new output to the market. Why can't the stages be performed in a smooth sequence?
2. Identify the information needed for the project crashing. For a project with which you are familiar with, try to identify the various items of information.
3. “It is not surprising that a larger sample does a better job of discriminating between good and bad lots”. Critically examine the above statement.
4. Differentiate between wastivity and productivity. Discuss whether “reducing wastivity” and “increasing productivity” imply one and the samething.
5. Write short notes on any three:
a. Locational break-even analysis
b. Line of Balance (LOB) for Production Control
c. Taxonomy of waste
d. ABC analysis
e. Critical Path Method (CPM)
1. “As distinct from intermittent flow processes, all outputs are treated alike in the continuous form of processing and the workflow is thus relatively continuous.” Comment on the statement. Also, explain the characteristics of continuous processes.
2. “Time Management of the project is the first case that is usually done by using Critical Path Method (CPM) and in the second case using Programme Evaluation and Review Techniques (PERT).” Explain, in view of the statement, the critical path method in brief.
3. “Work Design is a systematic investigation of contemplated and present work to formulate through the ideal system concept, the easiest and most effective technique for achieving necessary goals.” Comment on the statement.
4. Waste ‘Management’ is complementary to ‘Resource Management’. Critically comment.
5. What do you understand by the term inventory? Explain the functions of inventory.
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