1. What is wealth, and how is it created? What is value added, and how is it achieved? Explain with examples? 2. What is a material requirements plan? What is the difference between dependent and independent demand? Explain with examples. 3. Problem:Complete the following table. Lead time for the part is two weeks. The lot Read more about Material Management[…]
Write in your own words a definition of the term ‘communication’ and trace its origin “The lack of upward communication can be disastrous”. Discuss with reference to some examples. Modern psychologists and management experts have been seriously studying the communication patterns or systems in organizations. What are the basic questions that they are trying to Read more about Business Communication[…]
SECTION A 1. Detailed Project Report (DPR) forms the foundation on which the entire superstructure of the project is built – “If it is weak, project cannot weather turbulent times ahead.” Bring out the do’s and don’ts of a good DPR. 2. Explain the following methods of forecasting demand :(a) Exponential Smoothing(b) Adaptive Exponential Smoothing(c) Read more about Project Management[…]
PART A 1. What are life cycle logistics?2. Compare and contrast a performance cycle and a link.3. Explain the considerations should be employed to identify the appropriate customer service measures.4. What criteria might be applied in order to determine a minimum order quantity?5. Explain the significance of costing in logistics.6. Describe the difference between demand Read more about Logistics Management[…]
Differentiate between product and chemical tanker Discuss any major survey on board What is the advantage of high voltage and how it is generated Differentiate between York Antwerp rules and Hague Visby rules What is PSSA( particular sensitive sea area) and what is the difference between special area Explain P&I clubs, reason for such clubs, Read more about Marine Management – Differentiate between product and chemical tanker[…]
CASE I — A GLOBAL PLAYER?
This is one game that India has permanently lost to its arch-rival Pakistan – manufacturing and exporting sports goods. Historically, when India and Pakistan were one before 1947, Sialkot, now in Pakistan, used to be the world’s largest production centre for badminton, hockey, football, volleyball, basketball, and cricket equipment. After the creation of Pakistan, Jalandhar became the second centre after Hindus in the trade migrated to India.
Case I – PANDIT TO AFAUZI
The case is based on an actual incident which took place in an Army unit operationally deployed in a field area just a few months before the 1971 showdown with Pakistan. The opposing forces of India and Pakistan were taking their respective positions in a pre-war scenario. The clouds of showdown were looming large over the horizons of both the countries.
Case NO. 1 – ZIP ZAP ZOOM CAR COMPANY
Zip Zap Zoom Company Ltd is into manufacturing cars in the small car (800 cc) segment. It was set up 15 years back and since its establishment it has seen a phenomenal growth in both its market and profitability. Its financial statements are shown in Exhibits 1 and 2 respectively.
CASE I – Sunder Singh
Sunder Singh had studied only up to high school. He was 32-years of age, lived alone in a rented room, and worked eight-hour shift at one petrol pump, then went to the other one for another eight-hour shift. He had a girl friend and was planning to marry.
1. What is a linear programming problem? Discuss the scope and role of linear programming in solving management problems. Discuss and describe the role of linear programming in managerial decision-making bringing out limitations, if any.
2. Explain the concept and computational steps of the simplex method for solving linear programming problems. How would you identify whether an optimal solution to a problem obtained using simplex algorithm is unique or not?