Learning Outcomes to be assessed in this assessment
- Identify and solve decision problems related to the various operations functions, like Project Management, Project Plan Gantt Chart, Break Even, and Inventory Management.
- Differentiate the different techniques and use the appropriate technique in problem solving within operations management.
Answer all the questions using appropriate examples. All the questions carry equal marks
1. Discuss the concept of Inventory Management, ABC classifications, advantages and disadvantages.
2. Elucidate on using Break even analysis as a mechanism of solving issues in an organization.
3. Explain the production project planning using appropriate Gantt chart analysis, (give an example from a mini based operational project).
4. Explain the complete role of Project Manager.