Punjab Technical University 2005 M.B.A Business Administration PRODUCTION AND OPERATION MANAGEMENT (N2) 202 - Question Paper

PRODUCTION AND OPERATION MANAGEMENT (N2) MBA 202 second Sem May 2k5

Max marks 60

Note: part A is compulsory. Attempt any 4 ques. from part B.

Section A Marks two every
1.
(a) Enlist various kinds of maintenance.
(b) Explain briefly the different inventory costs.
(c) What are the various kinds of stores?
(d) Give different objectives of plant layout.
(e) Give differences ranging from batch production system and mass production system.
(f) What is meant by PPC?
(g) Give different factors being considered for location analysis.
(h) What is meant by acceptance sampling?
(i) Give the measures of productivity.
(j) Give 2 advantages and 2 disadvantages of inventory.

part B Marks 10 every

2. What is the function of a safety stock or buffer stock? discuss Economic order quantity?

3. What is the importance of work study? How can it increase productivity?

4. A manufacturer has annual consumption of 40,000 units. The ordering cost is Rs. 200 per order. Carrying cost is 15%. Unit cost is Rs. 50. Lead time is constant equal to 1 month. compute EOQ, total cost and Reorder-level.

5. What is meant by capacity planning? elaborate the major short term and medium term decisions taken while planning capacity for an organization?

6. Name various kinds of layouts. Differentiate ranging from process and product layout.

7 (a) What is total quality management?
(b) How does Material requirement planning differ from capacity planning?

Earning:   Approval pending.