Operations Management NMIMS Assignment Solution December 2023

Description

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Operations Management
Internal Assignment Applicable for December 2023 Examination
Assignment Marks: 30
Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for attempting their assignments, but are not allowed to copy the matter as it is from the source of reference.
 Students should write the assignment in their own words. Copying of assignments from other students is not allowed.
 Students should follow the following parameter for answering the assignment questions.
1. List down and briefly explain the various types of inventories along with techniques of how to manage each. Identify at least three inventory management techniques applicable to pickup point stores of a large retail business operator with reasoning for the same. Explain how each technique contributes to the effective management of inventories for pickup point stores (assume several inventories of your choice). (10 Marks)
2. Define the theory of constraints and its key principles. Using an example of any synchronous manufacturing system, identify a bottleneck in the production process and describe how the theory of Constraints can be applied to address this bottleneck. Also, describe how the concept of drum-buffer-rope (DBR) can be used to optimize production scheduling and improve overall system performance (10 Marks)
3. The facilities management department is a good example wherein the operations involve the integration of the “core operations function” to be coordinating and working in sync with other departments. With reference to the healthcare sector discuss the following aspects of operations in a big multi-specialty hospital setup.
a. Explain the role of operations managers in their interface with other functions in hospital facilities management. Give relevant examples. (5 Marks)
b. Define Quality and list and discuss in brief the various dimensions of quality in hospital facilities management. (5 Marks)

*********************************************************************************************************************

Additional information

Operations Management NMIMS Assignment Solution April 2023