2. Describe : Craft Production Mass Production Lean Production.3. Explain the te

2. Describe : Craft Production Mass Production Lean
Production.3. Explain the term : Value Added.4. Explain the importance of identifying and differentiating
order qualifiers and order winners.5. Explain the term : Time based strategy and give three examples.6. Explain the rationale of an operations strategy that
seeks to increase the opportunity for use of technology by reducing variability
in processing requirements.7. What are some of the factors that cause organizations to
redesign their products or services.8. What is Mass Customization.9. What is Reverse Engineering ? Do you feel this is
Unethical?10. What is the Chief role of the operation manager.11. Explain:a. Laplace Criterion.b. Minimax Regret.c. Expected Value.d. Expected value of perfect information.12. What information does a decision maker need in order to
perform an expected value analysis of a problem? What options are available to
decision maker if the probabilities of the states of nature are unkown?13. For which decision environment is linear programming
most suited ?14. Explain:a. Redundant Constraintb. Basic Variablesc. Shadow Priced. Range of feasibilitye. Range of optimality14. Contrast the meaning of the terms Job enlargement &
Job enrichment.15. Could performance rating be avoided by studying a group
of workers & averaging their time? Explain.16. What is work sampling ? How does it differ from study ?17. Explain : the quality of design & quality of
conformance18. What is ISO 9000 & why is it important for global
business to have ISO Certification?19. Explain the following methods:a. The plan-to-study-act cycleb. The 5W2H approach20. List the steps in the control process.21. Explain : x-bar Range p-chart c-chart.22. What are the requirements for effective inventory
management?23. List the major assumptions of the EOQ model.24. Can the optimal stock level in the single period model
ever be less than expected demand ? Explain.25. What three levels of planning involve operations
management? What kind of decisions are made in various levels?26. What aggregate planning difficulty that might confront
an organization offering a variety of products / services would not confront an
organization offering one or a few similar product or services.27. What are the inputs and outputs to master scheduling ?28. How can the use of MRP contribute to productivity.29. How does the purpose of ERP differ from the purpose of
MRP 2.30. What is the ultimate goal of JIT system? What are the
supporting rolls & what are the building blocks ?31. What are the main obstacles that must be overcome in
converting from a traditional system to JIT system?32. What is the hidden factory and how does JIT eliminate
most of it ?33. What are Gantt charts ? how are they used in scheduling
? what are the advantages of using it ?34. Why are priority rules needed?35. What factors would you take into account in deciding
whether or not to split a job ?36. What is the suppy chain ?37. Explain Strategic partnering.38. Describe what purchasing managers do39. List the steps in risk management.40. List the advantages of PERT. List the limitation.41. What is the main benefit of project organization over
more traditional forms of operations management for project work?
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