NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Operations Management
Internal Assignment Applicable for April 2022 Examination
1.
Discuss the various inventory management/control techniques prevalent in the
industry.
Discuss how some of these techniques would be applicable to a retail store in
the FMCG
sector for effective management of their inventories; i.e soaps, household
supplies, etc. (you
can assume inventories of your choice to explain). (10 Marks)
2. List
and explain in brief the various types of plant layout concepts in operations
management, highlighting the objective, considerations of a good layout design.
Give
examples on where each of these types can be employed respectively. Briefly
explain a
layout for a Banking branch operations (mention the type of layout
applicable). (10 Marks)
3.
Assume you are a part of the Operations team in an automobile manufacturing
setup. You
are also working in coordination with other departments. Discuss the following
aspects of
the operations of your organisation
a.
Define Quality & list and discuss in brief the various dimensions of
quality in operations
(5 Marks)
b.
Discuss the concept of EOQ in brief. Using the data below, find EOQ, and the
reorder point.
Annual Demand: 15,000 units; Weeks Operating: 50 weeks/year; Ordering Costs:
Rs.
60/order & Holding Costs: Rs. 7/unit/year; Lead-Time: 5 weeks & Safety
Stock: 250 units (5 Marks)
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