Inventory is a part of manufacturing strategy.’ Do you agree with this statement If so, explain why it should be only a part of the total manufacturing strategy

Production Management

Inventory is a part of manufacturing strategy.’ Do you agree with this statement If so, explain why it should be only a part of the total manufacturing strategy

Note: Solve any 8 Questions
Q1. Mention situations in (a) banking, (b) advertising, (c) agriculture, and (d) hoteliering where production and operations management is involved. Describe the inputs, outputs, processes and utilities.
Q2. What are the hurdles in the globalisation of services? Mention the managerial, social and political issues. Are services, generally more difficult to globalise? What are the implications in the Indian context of the newly liberalized economy?
Q3. Typical Linear Programming has one objective function. But, in many practical situations, there could be more than one objective. How can one take care of such a situation? Explain by means of an example.
Q4. How would different Queuing Disciplines affect waiting line characteristics? Explain by giving examples.
Q5. How would you control quality in a job-shop situation (where one customer’s order may be different from another’s).
Q6. As a management discipline, does maintenance management differ from production management? If yes, in what way?

Inventory is a part of manufacturing strategy

Q7. Describe the use of information technology in supply chains.
Q8. ‘Inventory is a part of manufacturing strategy.’ Do you agree with this statement? If so, explain why it should be only a part of the total manufacturing strategy?
Q9. Can the Plant layout principles be applied to forming a layout of an office? What criteria would you use in designing such a layout?
Q10. Would the LOB (Line Of Balance) technique be more useful to the General Manager (Production) or to a Plant Superintendent? Explain

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