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Learning Outcomes
• 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. (Selected organization will add value to the answer).
2. Analyze the importance of Technology to any organization.
3. Draw and briefly explain project management and why it is important for operations.
4. List and explain the complete role of Operation Manager. Highlight two Operational Manager's example (one from local industry and one international)
Verified Expert
This assignment is about operations management and how it is significant to bring growth and profit to an Oman based company.It discusses the meaning of productivity and how it is related to operations.It also briefly describes the inventory management system and its ABC classification.The definition and difference of ERP and MRP are also included.Apart from that, it contains a detailed concept of the project management life cycle with 4Ps and other important factors.
Marks allotted as per the below table Evaluation Criteria Marks allotted 100 Introduction 10 Question 1 Meaning of the productivity 20 Question 2 Explain the concept of ERP & MRP 20 Question 3 Concept of Inventory & ABC classifications 20 Question 4 Project Management Life Cycle 20 Conclusion 5 References 5
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)
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