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-1
Write short notes on:
Answer
Outsourcing strategies for capital productivity:
Capital Productivity is Capital deployed in plant, machinery,
buildings, and the distribution systems as well as working capital are
the components of the cost of manufacturing. Outsourcing
strategies when capacity requirements are determined, it is easy to
figure out whether some goods or services can be outsourced.
Outsourcing can reduce the capital and manpower requirements.
Also, the available capacities can be used to augment the core
competencies thus reducing the cost of the product or service to the
customer. Further, outsourcing also helps in improved product
design and even enables better networking and collaborations.
However, lack of expertise, quality considerations, nature of
demand, and cost factors may restrict outsourcing.
Lack of expertise The outsourced firm may not have the
requisite expertise to do the job required.
Quality considerations Loss of control over operations may
result in lower quality.
Nature of demand This affects the business, especially if no
production facilities are built in the organization.
Cost It may not be worthwhile when the fixed costs that go along
with making the product does not get reduced considerably.
Implementation of operations:
Implementation of operations Implementation is the process of
executing the planned operations. When planning and controlling
functions are put together, we call it as Implementation of
Operations.
Question No.-2
1. List of general factors that favour Gujarat as a destination for
manufacturing automobiles.
2. List of Special factors that favour Gujarat as a destination for
automobile manufacturing.
3. Explain why of these Factors favour Gujarat as automobile
manufacturing hub
4. Compare Gujarat with other states like Tamilnadu or Haryana in
terms of locating a automobile manufacturing plant.
Answer
General factors that favour Gujarat as a destination for
manufacturing automobilesGujarat has leveraged its locational advantages, with relatively low transaction costs
for accessing markets in the western and northern India. Good rail connectivity is
slated to improve significantly with the opening of the dedicated freight corridors to
Dahej and Nhava Sheva passing through large parts of Gujarat.
Special factors that favour Gujarat as a destination for
automobile manufacturingGujarats port development also could permit economical
transportation to other off, thus diversifying transport modes.
Developing domestic and international financial services, improving
Question No.-3
Write short notes on:
Answer
a) 5 Ss system of waste elimination 5S is the name of a workplace organization method that uses a list
of five Japanese words: seiri, seiton, seiso, seiketsu, and shitsuke.
Transliterated or translated into English, they all start with the letter
"S. Concept of 5S Historically, production managers have used
housekeeping for a neat, orderly, and efficient workplace and as a
means of reducing waste. Operations managers have improvised
housekeeping to include a checklist commonly known as the 5Ss.
The Japanese developed the initial 5Ss where each S stands for a
Japanese word. The 5Ss are as follows:
Sort/segregate Keep what is needed and remove everything else
from the work area; when in doubt, throw it out.
Simplify/straighten Arrange and use analysis tools to improve
the work flow and reduce wasted motion. Consider long-run and
short-run ergonomic issues
Shine/sweep Clean daily; eliminate all
contamination, and clutter from the work area.
forms
of
dirt,
They are:
Backlogs
Reservations
Appointments
c) Vendor managed inventory:
The very purpose of JIT is to reduce inventory at all places in the
supply chain. Inventory is considered a waste because inventory is
created by using materials, machines, and efforts of persons. All of
these are resources which have already been used up and that
portion of it which is not consumed and sent up the value chain
causes a drag in the system. However, inventories are inevitable
because uncertainties exist at every stage, making it necessary to
provide a buffer so that demands do not go unfilled. The challenge is
to keep it to the minimum. To make this happen, the calculations
involving the following are necessary:
Forecasts of the market demand
Capacities of the equipment
Worker absenteeism
Suppliers lead times
Quality of the produced components
d) Subcontracting capacity (production) option:
Subtracting enables planners to acquire temporary capacity with
great flexibility. Factors to consider include availability capacity,
relative expertise, quality considerations, cost, and the amount and
stability of demand. As an alternative to subcontracting, an
organization might consider outsourcing: contracting with another
organization to supply some portion of the goods or services on a
regular basis.
Question No.-4
Describe the post implementation review. Explain the tools that may
be considered for post implementation review.
Answer
Post implementation reviewThe Post Implementation Review (PIR) is conducted after a project
has been completed. The purpose of the PIR is to evaluate how
successfully the project objectives have been met and how effective
the project management practices were in keeping the project on
Explain the steps to set data in logical order so that the business
process may be defined.
List the ingredients of a business process.
Answer
Steps to set data in a logical order
The following steps should be considered for setting the data in a
logical order.
1. Check whether the participants in the process that is, people,
teams, and electronic applications are sufficient or, any changes and
additions need to be made.
2. Ensure that all the data expected is included or not. Generally, we
start with an initial set of data which we have. When we check them
with the requirements of the process for the desired outcomes, we
find gaps.
3. Check whether the data is sufficient for the implementation of the
process.
4. State the rules used to define the various parts of the process. At
this stage, the naming conventions are also included. This is
important to be included at the process definition stage.
5. Determine the disposition of data at the end of the process and
decide the following:
a. Do we plan to keep the data or delete them?
b. If they are to be stored, where and in what form will be used?
c. What are the measures of security for access?
6. Determine the other elements depending upon the business
process and the need. The elements added must be questioned to
collect a detail data.
Ingredients of a business processThe ingredients that might be used in a business process can be
briefly outlined as follows:
The data which accomplishes the desired business objective
Acquisition, storage, distribution, and control of data which
undertakes the process across tasks
Persons, teams, and organisational units which helps to
perform and
achieve the tasks
Decisions which enhance the value of data during the process,
we also have some behavioural aspects of the business
process, mainly the decision making process where humans
are involved. Decision failures are common and research has
shown that, the failure of decisions is due to:1. biases in perception and fallacies in reasoning.
Question No.-6
Describe the dimensions of quality.
Answer
Four dimensions of qualityQuality is inherent in the product or service that is rendered to the
customer. Since we are attempting to measure the same, we will
look into those aspects of quality, called dimensions of quality.