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Posted: August 5th, 2022
Economic Ordered Quantity (EOQ)
NMIMS World Entry
Faculty for Persevering with Schooling (NGA-SCE)
Course: Operations Administration
Inside Project Relevant for September 2022 Examination
Project Marks: 30
Directions:
• All Questions carry equal marks.
• All Questions are obligatory
• All solutions to be defined in no more than 1000 phrases for Question Assignment 1 and a pair of and for Question Assignment three in no more than 500 phrases for every subsection. Use related examples, illustrations so far as potential.
• All solutions to be written individually. Dialogue and group work just isn’t advisable.
• College students are free to seek advice from any books/reference materials/web site/web for trying their assignments, however should not allowed to repeat the matter as it’s from the supply of reference.
• College students ought to write the project in their very own phrases. Copying of assignments from different college students just isn’t allowed.
• College students ought to observe the next parameter for answering the project questions.
For Theoretical Reply
For Numerical Reply
Assessment Parameter Weightage Assessment Parameter Weightage
Introduction 20% Understanding and utilization of the system 20%
Ideas and Software associated to the Question Assignment 60%
Process / Steps 60%
Conclusion 20%
Right Reply & Interpretation 20%
1. What are varied resolution standards for deciding a location for a enterprise setup? Clarify these resolution standards close to a location resolution for organising a textile manufacturing plant. (10 Marks)
NMIMS World Entry
Faculty for Persevering with Schooling (NGA-SCE)
Course: Operations Administration
Inside Project Relevant for September 2022 Examination
2. Outline and clarify the time period ‘Operations Administration’. Clarify the function of an Operations Managers of their interface with different capabilities in an organisation. Give related examples from a Retail Retailer Operation. (10 Marks)
three. Many enterprise organizations have operations by which stock administration is a every day and fixed course of. Managing a manufacturing setup (say an car manufacturing or service store) is one such enterprise, whereby the procurement and managing varied stock is a really strategic course of. Clarify the next ideas (with atleast one instance) within the Operations of the enterprise, and conclude how related is it within the enterprise?
a. Economic Ordered Quantity (EOQ) (5 Marks)
b. Outline High quality and record and talk about in short the varied dimensions of high quality in operations (5 Marks)
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