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Q. Discuss the social issues involved in Operations Management.
Answer. In our pursuit of insatiable thrust of..........................
The three important categories of social issues are:
Environmental Impact: Concerns about the global environment abound:
ozone layer, rain forests, global warming, and acid rain, petroleum
and chemical spills, toxic and radioactive waste disposal, and air,
grou .....NOT AVAILABLE IN SAMPLE...
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Q What are the issues involved in selecting a suitable forecasting
method. Explain DELPHI method of forecasting.
Answer. Planning for the future is the essence of any business. Businesses need estimates of future values of business variables. Commodities industry needs forecasts of supply, sales and demand for production planning, sales, marketing and financial decisions. Some businesses need forecasts .......NOT AVAILABLE IN SAMPLE.........
Several factors should be considered in the selection of a forecasting method:...........NOT AVAILABLE IN SAMPLE.....................
Delphi Method
The Delphi method is a systematic interactive forecasting method for
obtaining forecasts from a panel of independent experts. The essence
of the procedure is to use the assessment of opinions and predictions
by a ....................
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Q. What are the issues need to be considered for developing good information
system for Production & Operations? Develop a model for your organization
and explain that with the help of a block diagram.
Answer. The role of information and information system in view of firm management is indisputable today. With fast development of information and computer technology, management can reach good and timely .............NOT AVAILABLE IN SAMPLE..................
Modern management cannot carry out its basic task without good and timely information on the basis of which business decisions are made. The superior management of a firm needs chosen information in the process ...............
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Q. Discuss the differences in scheduling systems
for mass and batch production. Explain the philosophy of JIT.
Answer. Operations planning and scheduling systems concern the volume and timing of outputs, .....................NOT AVAILABLE IN SAMPLE..................
Mass production typically uses moving tracks or conveyor belts to move partially complete products to workers, who perform simple repetitive tasks to permit very high rates of production per worker, allowing the high-volume ............NOT AVAILABLE IN SAMPLE.................. ....
Just-in-time (JIT) is defined in the APICS dictionary as “a philosophy of manufacturing based on planned elimination of all waste and on continuous improvement of productivity”. It also has been described as an approach ........................
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