MB 0044 - Production and Operation Management (4 credits)
(Book ID: B1627 )
ASSIGNMENT- Set 1
Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions. Q-1State the important considerations for locating an automobile plant. Answer:
Q1. State the important considerations for locating an automobile plant.
Two broad Factors can Influence Plant location i.e.
1) General Factors:
*Availability of Lands: As if we don’t have lands we can’t build a Factory, though the area is good to work. *Availability of Inputs: Good Quality Raw Materials & Getting Labour at the right time, These are Inputs to be Followed, Plant should be Located, Near Raw Material source, & to Reduce Transport cost & Consistent supply of goods to the customers, Close to Market when Universally available. Communication Facilities: Regions with good facilities of Postal & Tele communication links are Given Priority. Infrastructure: Which plays an important role,The basic needs are Power Supply 24x7
Water Supply in huge amount requires in Process Industries like Paper, Chemicals, and Cement. Waste Disposal is the Key factor in Paper & Sugar cane Industries. Government Support needs for Policies of State Government, Local bodies concerning Labour laws, building codes & safety.
2) Special Factors:
Joint Ventures – Support of Big Time Players
Location Decision Sequence:
First the Country of Choice is to be Selected, Followed by Regional Choices and Finally Community levels have to be selected.
Q-2Explain essentials of Project Management Philosophy.
Ans-Project Management Philosophy
For any technical assistance program to be successful, it is important to have professional management systems in place. We are guided by a set of principles for the design and implementation of technical assistance projects in developing countries. These emphasize: Dialogue and Cooperation: We emphasize a consultative, inclusive approach to project implementation. The involvement of counterparts in the design and implementation is essential to ensure that change management programs are effective and supported. Ownership and Empowerment: It is important to emphasize the development of local talent. We are keen on empowering staff based on solid risk management approaches and motivational strategies.. Integrity and Accountability: Especially in difficult environments such as Afghanistan and many other developing countries, it is important to adhere to the highest standards of professionalism, integrity, client concern and service. Internal Financial and Risk Controls: Strong internal risk management systems, such as those based on the COSO, AS/NZS 460:2004 and ISO 30001 are critically important to the implementation of programs, especially larger programs. Quality and Innovation: We try to utilize the latest technology in support of project implementation. Content Management Systems such as joomla and Drupal are examples of how free opensource software that can be used to manage projects' document repository and to provide information on the programs to counterparts in different languages. Q-3Several different strategies have been employed to assist in aggregate planning. Explain these in brief.
Ans-3 Planning is a primary management responsibility. Aggregate planning is concerned with organizing the quantity and timing of production over a medium period of time up to eight to ten months with undetermined demand. Specifically aggregate planning means combining all of an organization`s resources into one aggregate production schedule for a predetermined intermediate time period. The objective of aggregate planning is to maximize resources while minimizing cost over the planning period. The aggregate production plan is midway between short-range planning and...