EXECUTIVE M.B.A. DEGREE EXAMINATION, MAY 2017
First and Second Year
OPERATIONS MANAGEMENT
Time 3 Hours Maximum Marks: 70
SECTION-A × 5 15)
Answer Three questions
Q1) Mass production.
Capacity planning.
Project controlling.
Quality Assurance.
Management of Waste.
Scope of operations management.
SECTION-B × 15 45)
Answer Three questions
Q2) Describe how to plan a batch production.
Q3) Discuss about criteria followed for product selection.
Q4) State the merits and demerits of value engineering.
Q5) What are the probabilistic models of materials management?
Q6) Explain various concepts of stores management.
Q7) Bringout the objectives of inventory management.
SECTION-C
Compulsory
Q8) Case study:
TFG company uses 25,000 Nos. of a component per year. It costs Rs. 100 to
place and receive an order and carrying cost is 30% of unit price. The supplier
quotes the following prices for the component.
Quantity Unit Price
0 to 499 21.60
500 to 999 20.95
1000 and above 20.90
What is the optimal order Quantity?
What is the minimum total cost?
How much time will elapse between orders?