SCM

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REQUISITION FOR REMUNERATION ENRICHMENT Dear Mr, XYZ, ABC, I would like to express my general satisfaction in the position I currently hold in Head Start School, but would like to draw your attention to one particular matter that is a bit unsettling. As you are aware, that my qualification is proceeding towards Masters in Business Administration and furthermore I have conducted an analysis on the common benchmark of remuneration in similar schooling systems. I think it would only be fair if my salary is adjusted to match the increase as per the benchmark that exists in the schooling systems of similar caliber. I kindly ask you to look into my rightful request as my current package is considerably less. I have full confidence in your good judgment regarding this discrepancy. Thank You. Sincerely, XYZ CII Institute of Logistics PGDSCM Program Assignment 1 Operations Management I Time : Three Hours Marks : 100 Part A

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Transcript of SCM

REQUISITION FOR REMUNERATION ENRICHMENT

Dear Mr, XYZ,

ABC,

I would like to express my general satisfaction in the position I currently hold in Head Start School, but would like to draw your attention to one particular matter that is a bit unsettling.

As you are aware, that my qualification is proceeding towards Masters in Business Administration and furthermore I have conducted an analysis on the common benchmark of remuneration in similar schooling systems.

I think it would only be fair if my salary is adjusted to match the increase as per the benchmark that exists in the schooling systems of similar caliber. I kindly ask you to look into my rightful request as my current package is considerably less. I have full confidence in your good judgment regarding this discrepancy.

Thank You.

Sincerely,XYZ

CII Institute of LogisticsPGDSCM ProgramAssignment 1

Operations Management I

Time : Three HoursMarks : 100

Part A

Answer all questions (20 x 1 = 20 Marks)

1. A pattern of continuous increase or decrease in values of demand is called as a. Cyclicalb. Seasonalc. Trendd. Average

2. A Gantt chart is used fora. Cost volume profit analysisb. Investment analysisc. Schedulingd. Method study

3. Man-machine chat can be used fora. Method studyb. Schedulingc. Project managementd. MRP

4. Which of the following is an example of a time series forecasting techniquea. Survey analysisb. Delphi methodc. Trend adjusted exponential smoothingd. Market research

5. Lead time variability and demand variability are considered as zero ina. MRP modelb. EOQ modelc. ABC modeld. None of the above6. Dependent demand items can use one of the following for effective inventory controla. HR Planningb. MRPc. ECRd. GDP

7. Which one of the following is not the direct objective of Operations Managementa. Cost reductionb. Capacity utilizationc. Labour productivityd. Customer relationship managemente. None of the above

8. Work that concentrates on some aspect of a product or service is calleda. Specializationb. Job enrichmentc. Job analysisd. Motivation

9. Which of the following is not a demand forecasting techniquea. Time Series Analysisb. Regression Analysisc. Pareto Analysisd. Exponential Smoothing 10. The goal of ABC analysis is to a. Determine the profitability of itemsb. Estimate average volume per dollar valuec. Estimate dollar value per poundd. To identify the A items for Better inventory Control

11. Time study and method study combined together is called asa. Motion studyb. Therbligs studyc. Work studyd. All the above

12. X-Bar chart is used to controla. central tendency of the variableb. Dispersion of the variablec. No. of defectsd. All the above13. Material Requirement Planning is the basis for Capacity Planning (TRUE/FALSE)14. A class items are those, whose unit price is high (TRUE/FALSE)15. EOQ is used when independent demand needs to be estimated (TRUE/FALSE)16. The inverse of the production rate is the cycle time of the production line (TRUE/FALSE)17. A class items are those, whose annual consumption value is high (TRUE/FALSE)18. When using ABC analysis, class C items should be reviewed frequently (TRUE/FALSE)19. Production function is found manufacturing concern only (TRUE /FALSE)20. Acceptance sampling is used to control quality while buying materials (TRUE/FALSE)