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Question 1:
What are the various decisions Operations Managers are called upon to make in the manufacturing and service Industries for the various operational areas under his responsibility. Give suitable examples in each area.
Question 2:
(a) Explain the concept of Just In Time (JIT).
(b) Define briefly JIT Inventory Control System.
(c) List and weigh the important decision before launching a warehouse.
Question 3:
(a) Explain the concept of supply chain management.
(b) What changes have companies made to respond to the supply chain management concept?
Explain manufacturing budget. Manufacturing budget needs the following fundamental budgets or estimates to meet the plans:- (i) To be manufactured, production budget outlini
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