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Assignment 1

This document contains 10 questions related to operations management for a mechanical engineering class. The questions cover topics such as the differences between production and operations management, demand forecasting techniques and objectives, the need for demand forecasting, operations strategy, productivity, linear regression analysis, forecasting methods and their limitations, applications and control of forecasts, exponential smoothing, and using historical data to forecast future demand.

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Shubham Verma
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0% found this document useful (0 votes)
230 views

Assignment 1

This document contains 10 questions related to operations management for a mechanical engineering class. The questions cover topics such as the differences between production and operations management, demand forecasting techniques and objectives, the need for demand forecasting, operations strategy, productivity, linear regression analysis, forecasting methods and their limitations, applications and control of forecasts, exponential smoothing, and using historical data to forecast future demand.

Uploaded by

Shubham Verma
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Sri Balaji College of Engg. & Tech.

, Jaipur
Department of Mechanical Engineering
Session (2018-19)
Branch: - Mechanical Engineering
B.Tech. IV Year/ VII Semester Subject: - Operations Management(7ME5A)
Assignment No. 1
Q.1. Differentiate production management and operations management. RTU2013
Q.2. what are duties and responsibilities of production manager in manufacturing organization.
RTU2013
Q.3. what are the demand forecasting subjective approaches? Write short and long term objectives of
demand forecasting.
Q.4. Why the need of demand forecasting? Explain qualitative and quantitative methods of forecasting.
RTU 2011
Q. 5. What is the requirement of operations strategy in an organization? Explain its levels briefly.

Q.6. (a) what is productivity? Explain its concept, factors affecting productivity. RTU 2011
(b) find the advertising budget for achieving sale of 50 units. Sales and advertising expenses for last 5
years are as detailed below. Use linear regression analysis.
sales 20 10 30 40
advertising 10 5 10 25
Q.7. (a) Define operations Management. Explain the key concepts of operations management with a schematic
diagram. (b) Explain the framework of managing operations.

Q.8. (a) What are forecasts? Summarize the key features of the more commonly used forecasting method.
Discuss the limitations and dimensions of forecasting. Discuss also the criterion for selection of forecasting
technique.RTU 2011

(b) Explain the following.

(a) Applications and control of forecast. (b) Regression methods, (c) Exponential smoothing.

Q.9. The general manager of a building materials production plant feels that the demand for plasterboard
shipments may be related to the number of construction permits issued in the county during the previous quarter.
The manager has collected the data shown in Table. (a) Compute values for the slope b and intercept a. (b)
Determine a point estimate for plasterboard shipments when the number of construction permits is 30.

Construction permits (X) Plasterboard shipments (Y)

15 6
9 4
40 16
20 6
25 13
25 9
15 10
35 16
Q. 10. A firm uses simple exponential smoothing with α = 0.1 to forecast demand. The forecast for the week of
February 1 was 500 units, whereas actual demand turned out to be 450 units.

(a) Forecast the demand for the week of February 8.

(b) Assume that the actual demand during the week of February 8 turned out to be 505 units. Forecast the demand
for the week of February 15, Continue forecasting through March 15, assuming that subsequent demands were
actually 516, 488, 467, 554 and 510 units.

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