MBA MAGADH UNIVERSITY QUESTION (2014-2016) Production Management

MBA MAGADH UNIVERSITY QUESTION (2014-2016) Production Management 

                                                                          2014-2016
                                                                     Time: 4 hours
                                                                    Full Marks: 80
                                            Candidate are required to give their answers in
                                                Their own words as far as practicable.
                                                   The questions are of equal value.
                                                     Answer any five questions.

(1). What are the different phases of Project planning and Management ? Discuss.

(2). Discuss the various reasons for carrying inventory.

(3). What are the advantages and disadvantages of increased inventory ? Briefly explain the objective of an Inventory control system.

(4). Define TQM. Describe various fund amentals of TQM.

(5). Write a note on Quality system standard.

(6). Discuss in detail the methods used for job evaluation system.

(7). Discuss Incentive Wage system. What are the requisities of a Suitable incentive Plan?

(8). What do you mean by Motion an time study? Why is it so important to management?

(9). Distinguish between-
       (a). Work Measurement and motion study.
       (b). Time and card and Job Card.

(10). From the following informations find out the ECQ  and the number of orders placed in the year:
         Annual Cosumption - 120 units.
         Buying Cost per order- Rs 20
         Price per unit- Rs 100
         Storage and carrying cost as a percentage of average inventory- 12%

(11). Write short notes on any two:
         (a). Shop floor operations.
         (b). Operation Planning.
         (c). Plant level planning.
         (d). Product design.

(12). What do you mean by production management? What are its objectives?