| ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS) | ||
| END SEMESTER EXAMINATION – SEPT/OCT. 2015 | ||
| B.B.M. –III SEMESTER | ||
| M1 11 306:PRODUCTION AND OPERATIONS MANAGEMENT | ||
| Duration: 3 Hours Max. Marks: 100 | ||
| SECTION – A | ||
| I) | Answer ALL the questions. Each carries 2 marks. (10×2=20) | |
| 1. | What is meant by material handling? | |
| 2. | Enumerate examples for Job, Batch, Mass and Flow Production shops. | |
| 3. | Reason out why an industrial location depends on cost and service location on revenue? | |
| 4. | What are Value Engineering and Value Analysis? | |
| 5. | Mention four goals and objectives of P&OMgmt. | |
| 6. | What is Automation? | |
| 7. | Are Contracting and Sub Contracting the same? Explain. | |
| 8. | What are the important elements of SQC? | |
| 9. | Explain the three ways of production. | |
| 10. | What do you understand by Industrial Sanitation? | |
| SECTION – B | ||
| II) | Answer any FOUR questions. Each carries 5 marks. (4×5=20) | |
| 11. | What are the functions of Production Management? | |
| 12. | Mr. Sharma is Senior Production Officer in United Confectionary Ltd for the past five years. The department has not come across any issues since then. Explain how Mr. Sharma must be managing the relationship of production department with other functions/departments. | |
| 13. | List the benefits a Bio- chemicals company will enjoy if it shifts its base from a village in Karnataka to Bangalore Bio-Technology Park. | |
| 14. | Write a note on Quality Circles. | |
| 15. | Explain ABC ANALYSIS with relevant illustrations. | |
| 16. | Explain Production Planning and Control. | |
| SECTION – C | ||
| III) | Answer any THREE questions. Each carries 15 marks. (3×15=45) | |
| 17. | Heavy engineering companies consume maximum raw materials in their manufacturing process. Explain how and why purchasing is important to these companies. Also, throw light on the various purchasing policies in existence. | |
| 18. | Explain the types of production system? | |
| 19. | Any company has to make two crucial decisions while setting up a plant. One being the different types of plant layout and the other being various cost analysis methods on selection of a plant. Explain about these two areas in detail supporting your answer with suitable examples and diagrams. | |
| 20. | Write a detailed note on Vendor Rating. | |
| 21. | Explain the types of maintenance. | |
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SECTION – D |
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| IV) | Case Study (1×15=15) | |
| 22. | You have the opportunity to invest INR 100 billion for your company to develop a jet engine for commercial aircrafts. Development will span 5 years. The final product costing Rs. 500 million / unit could reach a sales potential, eventually of Rs. 2500 billion. The new engine can be placed in service 5 years from now, but only if it qualifies four years from now for various certifications clearing commercial use. Certification also has to be obtained from India’s Director General of Civil Aviation (DGCA). There is competition from other world-class manufacturers who are developing competing engines. If you decide to proceed with the project, you must also determine where the new engines will be produced and develop the manufacturing facilities. If you decline to proceed, your company could invest its resources elsewhere and based on its track record, get attractive returns.
a) Explain your line of action if you decide to proceed with the project. b) Explain your line of action if you decide to invest in alternative projects. c) In case of lengthy product design and development time, what kinds of risks are involved? |
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