Operations Management 10th Edition Nigel Slack ,Alistair Brandon-Jones ,Nicola Burgess - Solutions

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11. For a given product demand, the series trend equation is 24.2 + 301x. What is your forecast of demand for period of 6? (a) 63.8 (c) 28.2 (b) 42.8 (d) 41.8
12. If two variables were perfectly correlated, the correlation co-efficient would be equal to: (a) Less than 1 (c) Greater than 1 (b) -1 or +1 (d) Exactly 1
13. Which of the following is not a characteristic of exponential smoothing? (a) Has minimal data storage requirements (b) Easily altered weighting scheme (c) Smoothes random variations in the data (d) Weights each historical value equally
14. Select True or False: (a) Forecasting intends to help decision making and planning in the present. (b) Long-term objectives of demand forecasting are purchase planning, inventory plan, job schedul- ing, workforce and employee planning. (c) In regression analysis, one or more independent
1. Define forecasting. What are its charactertics?
2. What are quantitative and qualitative methods of forecasting?
3. Explain the focus forecasting with an example.
4. What are proper criteria for selecting a forecasting method?
5. Define forecasting error.
6. Why do we make demand forecasting?
7. What are the time horizons in demand forecasting? Explain.
8. What are the objectives of demand forecasting?
(a) The President of the CRF Zoo asked you to calculate the expected gate admittance figures and revenues for both 1996 and 1997. Would simple linear-regression analysis be the appropriate forecasting technique?CRF is a tyre industry and as a part of Corporate Social Responsibility (CSR), they
(b) Besides the admission price, what other factors that influence annual attendance should be con- sidered in the forecast?CRF is a tyre industry and as a part of Corporate Social Responsibility (CSR), they started a children's zoo long ago. But later, due to decline in CRF's tyre industry,
6. The Basic formula of utilization is: (a) Utilization= (c) Utilization = Actual output Design capacity Effective capacity Actual output (b) Utilization Actual output Effective capacity (d) Utilization = Design capacity Actual output
1. Draw an organization chart for ISM.The need for implementing diagnosis through physical therapy and fitness programmes is being recognized by many orthopedic M.D.s, cardiologists and sports medicine physicians. Many people who are participat- ing in sports and exercise such as tennis and jogging
2. Suppose you are planning the layout for the institute of sports of medicines by following the key to inputs to the layout problem shown earlier in this chapter. What critical points will you suggest to be taken care?The need for implementing diagnosis through physical therapy and fitness
3. For ISM, make a brief list of inputs in rough form to indicate your understanding of the key.The need for implementing diagnosis through physical therapy and fitness programmes is being recognized by many orthopedic M.D.s, cardiologists and sports medicine physicians. Many people who are
4. Prepare a layout of the floor plan of the institute. Get advice and comments from other students.The need for implementing diagnosis through physical therapy and fitness programmes is being recognized by many orthopedic M.D.s, cardiologists and sports medicine physicians. Many people who are
5. Lay out the arrangement of equipment within the floor plan.The need for implementing diagnosis through physical therapy and fitness programmes is being recognized by many orthopedic M.D.s, cardiologists and sports medicine physicians. Many people who are participat- ing in sports and exercise
What is the maximum number of applications per hour that can be handled by the present con- figuration of the process?Admission Process in Educational Institute and its Analysis: Mr. Rohit, admission coordinator of a well- known university, attempted to perform an analysis of the admissions.
How many applications can be processed per hour if another faculty is added for test?Admission Process in Educational Institute and its Analysis: Mr. Rohit, admission coordinator of a well- known university, attempted to perform an analysis of the admissions. Several tasks were supposed to be
How would you suggest modifying the process to accommodate 120 applications per hour?Admission Process in Educational Institute and its Analysis: Mr. Rohit, admission coordinator of a well- known university, attempted to perform an analysis of the admissions. Several tasks were supposed to be
1. If you are responsible for production, how would you make aggregate production plan for each quarter?Sudershan Gupta, CEO of MICEL INDIA, manufacturing voltage regulator wanted to finalize the aggregate plan. He organized a meeting with his Production, Finance and Marketing Managers. Marketing
2. Which option would you prefer to increase the capacity to optimize the cost function?Sudershan Gupta, CEO of MICEL INDIA, manufacturing voltage regulator wanted to finalize the aggregate plan. He organized a meeting with his Production, Finance and Marketing Managers. Marketing Manager had a
3. In your opinion, should the company opt for promotional campaign or not? Justify your statement.Sudershan Gupta, CEO of MICEL INDIA, manufacturing voltage regulator wanted to finalize the aggregate plan. He organized a meeting with his Production, Finance and Marketing Managers. Marketing
4. Before taking any decision, what analysis would you prefer to make for various departments?Sudershan Gupta, CEO of MICEL INDIA, manufacturing voltage regulator wanted to finalize the aggregate plan. He organized a meeting with his Production, Finance and Marketing Managers. Marketing Manager had
Why is operations management important in all types of organisations?
What is the input–transformation–output process?
What is the process hierarchy?
How do operations (and processes) differ?
What do operations managers do?
Why is operations performance vital in any organisation?
How is operations performance judged at a societal level?
How is operations performance judged at a strategic level?
How is operations performance judged at an operational level?
How can operations performance be measured?
How do operations performance objectives trade off against each other?
What is strategy and what is operations strategy?
How does operations strategy align with business strategy (top-down)?
How does operations strategy align with market requirements(outside-in)?
How does operations strategy align with operational experience(bottom-up)?
How does operations strategy align with operations resources(inside-out)?
How are the four perspectives of operations strategy reconciled?
How can the process of operations strategy be organised?
What is product and service innovation?
What is the strategic role of product and service innovation?
What are the stages of product and service innovation?
How should product and service innovation be resourced?
What is the structure and scope of supply?
How should the supply network be configured?
How much capacity should operations have?
Where should operations be located?
How vertically integrated should an operation’s supply network be?
What activities should be in-house and what should be outsourced?
What is process design?
What should be the objectives of process design?
How do volume and variety affect process design?
How are processes designed in detail?
How can the layout and look of facilities influence performance?
What are the basic layout types and how do they affect performance?
How does the appearance of an operation’s facilities affect its performance?
What information and analysis is needed to design the layout and look of facilities?
What is process technology and why is it getting more important?
How can one understand the potential of new process technology?
How can new process technologies be evaluated?
How are new process technologies developed and implemented?
Why are people so important in operations management?
How can the operations function be organised?
How do we go about designing jobs?
How are work times allocated?
What is planning and control?
How do supply and demand affect planning and control?
What is ‘loading’?
What is ‘sequencing’?
What is ‘scheduling’?
What is ‘monitoring and control’?
What is capacity management?
How is demand measured?
How is capacity measured?
How is the demand side managed?
How is the supply side managed?
How can operations understand the consequences of their capacity management decisions?
How should supply chains compete?
How should relationships in supply chains be managed?
How is the supply side managed?
How is the demand side managed?
What are the dynamics of supply chains?
What is inventory?
Why should there be any inventory?
How much should be ordered?The volume decision
When should an order be placed?The timing decision
How can inventory be controlled?
What are planning and control systems?
What is enterprise resource planning, and how did it develop into the most common planning and control system?
How should planning and control systems be implemented?
Why is improvement so important in operations management?
What are the key elements of operations improvement?
What are the broad approaches to improvement?
What techniques can be used for improvement?

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Operations Management 10th Edition Nigel Slack ,Alistair Brandon-Jones ,Nicola Burgess - Solutions

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