Reference no: EM131508295
Please choose omani company.
Instructions to Student:
- Answer within a word limit of 2000 words with 10 % more/less will be accepted.
- Date of submission: 8th week of the semester, the day and time of scheduled class
- Submission form: Soft copy to be submitted through Moodle at Turnitin.
- Late submission shall be penalised as per the norms of MEC mentioned in the Module Information Guide.
- Plagiarism policy is as per the MEC guidelines as mentioned in the Module Information Guide.
- Kindly include references (Harvard style of referencing) at the end of the paper. Referencing and proper formatting carries 05 marks in total. (Minimum 8 journals - 8 references is required for this assignment)
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. Explain the meaning of productivity, work out Single and Total Factor Productivity-TFP. Conclude if the organization sustains competitive operational advantage.
2. Explain the concept of ERP & MRP in the modern context and the importance of information technology for operation management.
3. Discuss the concept of Inventory Management, ABC classifications, advantages and disadvantages. (Selected organization will add value to the answer).
4. Draw and briefly explain project management life cycle.