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SECOND SEMESTER
ASSIGNMENTS
1. Outline the importance of shop floor control and labour reporting in the context of
optimization of human resources.
2. Explain the 14 principles of Total Quality Management proposed by W. Edwards
Deming
3. Briefly explain the seven principles of supply chain management.
4. What do you understand by Longest-Operation-Time (LOT) Approximation
Algorithm? What are the three steps of LOT?
5. List out the conditions under which JIT system can be successfully implemented.
6. What are the three categories of Quantitative Models ?
2. Prepare cash budget for the period January-June from the following information.
( 15 Marks)
Additional information
i) 20% of the sales are on cash basis; 70% is received in the month following
sales and balance in two months following sales
ii) Suppliers offers two months credit on all purchases
iii) Lag in payment of wages is one month
iv) Expected cash balance as on 1st April is Rs.75,000
v) Tax of Rs. 60,000 to be paid in the month of March
3. “Efficient cash management will aim at maximizing the availability of cash inflows by
decentralizing collections and decelerating cash outflows by centralizing disbursements”
Discuss. (10 Marks)
4. The following information is available related to three companies P Ltd., Q Ltd. and R
Ltd. ( 15 Marks)
2. Compare and contrast the internal and external sources of recruitment and
selection.
D1 D2 D3 D4
O1 6 4 1 5 14
Availability
O2 8 9 2 7 16
O3 4 3 6 2 5
6 10 15 4 35
Requirements
where Oi and D j represent the ith origin and jth destination respectively.
2.Obtain an intial basic feasible solution to the following Transportation problem using
the Vogel’s approximation method
3. Obtain an initial basic feasible solution to the following transportation problem using
the matrix minima method
D1 D2 D3 D4
1 2 3 4 6 Demand
O1
O2 4 3 2 0 8 Capacity
O3 0 2 2 1 10
4 6 8 6 24
4. Consider the problem of assigning
five jobs to five persons. The assignment costs are given as follows
Persons Job
1 2 3 4 5
A 8 4 2 6 1
B 0 9 5 5 4
C 3 8 9 2 6
D 4 3 1 0 3
E 9 5 8 9 5
Determine the optimum assignment schedule.