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Operations Management NMIMS Assignment Solution September 2022

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Operations Management NMIMS Assignment Solution September 2022

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Description

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Operations Management
Internal Assignment Applicable for September 2022 Examination
Assignment Marks: 30

Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for
question 3 in not more than 500 words for each subsection. Use relevant examples,
illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for
attempting their assignments, but are not allowed to copy the matter as it is from the
source of reference.
 Students should write the assignment in their own words. Copying of assignments from
other students is not allowed.
 Students should follow the following parameter for answering the assignment questions.

1. What are various decision criteria for deciding a location for a business setup? Explain
these decision criteria with reference to a location decision for setting up a textile
manufacturing plant. (10 Marks)

2. Define and explain the term ‘Operations Management’. Explain the role of an
Operations Managers in their interface with other functions in an organization. Give
relevant examples from a Retail Store Operation. (10 Marks)

3. Many business organizations have operations in which inventory management is a daily
and constant process. Managing a production setup (say an automobile manufacturing
or service shop) is one such business, wherein the procurement and managing various
inventory is a very strategic process. Explain the following concepts (with at least one
example) in the Operations of the business, and conclude how relevant is it in the
business?

a. Economic Ordered Quantity (EOQ) (5 Marks)

b. Define Quality and list and discuss in brief the various dimensions of quality in
operations (5 Marks)

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Last submission date is 29th August 2022

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