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Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP IN SEMESTER INDIVIDUAL ASSIGNMENT 2 Module Code: BUSS-B 1006 Module Name: Operations Management Level: 1 Max

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Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP IN SEMESTER INDIVIDUAL ASSIGNMENT 2 Module Code: BUSS-B 1006 Module Name: Operations Management Level: 1 Max. Marks: 100 Instructions to Student ? Answer all questions. ? Deadline of submission: 08/06/2021 23:59 ? The marks received on the assignment will be scaled down to the actual weightage of the assignment which is 50 marks ? Feedback after final evaluation will be provided by 22/06/2021 Module Learning Outcomes The following LOs are achieved by the student by completing the assignment successfully 3) Perform calculation and modelling skills applied to several techniques in OM. Assignment Objective To evaluate student’s competence in understanding operations management concepts with regard to modelling skills and other several techniques in OM. Assignment Tasks 1) Task 1: (10 Marks) Submit a work proposal for this assignment on or before 09/05/2021 (23:59) which must include: ? Understanding of deliverables – a detail description of deliverables. ? General overview of proposed plan - initial understanding of solution to task2. ? Timeline for completion of the given tasks. The work proposal must be submitted separately in a word file through the link available in Moodle. 2) Task 2 MEC_AMO_TEM_035_02 (90 Marks) Page 1 of 16 Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP Part A: (40 Marks) Given the following product tree (the quantities are shown between brackets in the next page): Subassembly X1 B1 (1) (1) A 1(1) B2 (1) (1) E (1) C (2) D (1) E (2) The following data is known: Stock Safety Stock Lead Time X1 60 10 1 B1 20 0 2 B2 20 0 2 A1 10 5 1 C 50 0 1 D 200 0 1 MEC_AMO_TEM_035_02 Page 2 of 16 Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP Gross requirements for X1 is as follows: Period 1 Gross Requirement 2 3 20 4 5 6 20 7 8 100 1. Calculate the MRP-explosion and write the steps of calculation (20 Marks) 2. Discuss the limitations of MRP system. (20 Marks) Part B: (30 Marks) Best Products Company (BPC) manufactures two different types of toys (A and B, sold in 1,000count boxes) that are manufactured and assembled on three different workstations (W, X, and Y) using a small-batch process. Batch setup times are negligible. The following flowchart denotes the path each product follows through the manufacturing process, and each product’s price, demand per week, and processing times per unit are indicated as well. Purchased parts and raw materials consumed during production are represented by inverted triangles. BPC can make and sell up to the limit of its demand per week; no penalties are incurred for not being able to meet all the demand. Each workstation is staffed by a worker who is dedicated to work on that workstation alone and is paid $6 per hour. Total labor costs per week are fixed. Variable overhead costs are $3,500/week. The plant operates one 8-hour shift per day, or 40 hours/ week. Product A $2 Step 1 at workstation W (10 min) Step 2 at workstation X (10 min) Raw materials Finish with step 3 at workstation Y (15 min) $3 Product: A Price: $55/unit Demand: 90 units/wk Purchased parts Product B $5 Raw materials MEC_AMO_TEM_035_02 Step 1 at workstation X (20 min) Step 2 at workstation W (14 min) Finish with step 3 at workstation Y (11 min) $5 Product: A Price: $65/unit Demand: 85 units/wk Purchased parts Page 3 of 16 Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP Answer the following questions: 1. Which of the three workstations, W, X, or Y, has the highest aggregate workload, and thus serves as the bottleneck for BPC? (15 Marks) 2. The senior management at Best Products Company (BPC) is concerned with the existing capacity limitation, so they want to accept the mix of orders that maximizes the company’s profits. Traditionally, BPC has utilized a method whereby decisions are made to produce as much of the product with the highest contribution margin as possible (up to the limit of its demand), followed by the next highest contribution margin product, and so on until no more capacity is available. Because capacity is limited, choosing the proper product mix is crucial. Ali Ahmed, the newly hired production supervisor, is an avid follower of the theory of constraints philosophy and the bottleneck method for scheduling. He believes that profitability can indeed be approved if bottleneck resources are exploited to determine the product mix. What is the profit if the traditional contribution margin method is used for determining BPC’s product mix? (15 Marks) Part (C) MOOC: (10 Marks) Pass the following online course. Insert the certificate in your report (or any other proof of completion). Write short notes about your reflection about this course: “Understanding operations management” https://www.open.edu/openlearn/money-business/leadership-management/understandingoperations-management/content-section-0 Rules & Regulations: ? ? ? ? ? ? All resources should be cited using CU Harvard style. At least 10 academic sources (Books, research papers,…etc.) should be used as references. The final assignment must have a Title page, Table of Contents, References/ bibliography using CU Harvard Style and page numbers. Title Page must have Assignment Name, Module name, Session, your name, ID, and the name of the faculty. Softcopy in word format is to be submitted through Turnitin link on Moodle. Viva will be conducted after the assignment submission as per the dates informed earlier. MEC_AMO_TEM_035_02 Page 4 of 16 Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP ? Proposal template: Name ID Tasks Understanding of the deliverables Plan of Completion (What are you asked to do in the (How are you going to complete the task?) task?) Part A 1 2 Part B 1 2 Part C Timeline (Draw a Gantt chart to show the timeline of each task completion) CU Harvard Referencing: (Provide one example of in-text citation and Reference – 1. Textbook, 2. Website and 3. Research article) ? Break up of tasks: Task No. Task A Particulars Max. marks Proposal (To be submitted in a separate link in MEC Learn) 10 Task B Part A 1 MRP-explosion 20 2 Limitations of MRP system 20 Part B a Determining the bottleneck work-center 15 b Calculating profit 15 MOOC 10 Part C References, Formatting and Organization Total marks MEC_AMO_TEM_035_02 10 100 Page 5 of 16 Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP Guidelines: ? Assignment must be computer typed. ? Font - Times New Roman ? Font – Style - Regular ? Font - Size - 12 ? Heading should be with Font Size 14, Bold, Capital and Underline. ? Explain with suitable diagrams wherever required. Diagrams must be drawn using suitable software or by pencil. Each student has to do the assignment individually / Students have to do the assignment collaboratively and each student should write a brief reflection on their contribution and learnings from group work. You can refer books in E-Library or use internet resource. But you should not cut and paste material from internet nor provide photocopied material from books. The assignment answers should be in your own words after understanding the matter from the above resources. ? ? First Class Assessment Evaluation Criteria Knowledge and Classification Understanding / Technical / Practical Reflection and critical General / Transferable And % Range Application of Theory / Skills analysis skills* Evidence of Reading ? Outstanding ? Tasks completed with ? Outstanding skills for ? Outstanding ability to knowledge and depth very high accuracy. critical analysis, use learning resources of understanding of ? Outstanding skills in evaluation and ? Outstanding principles and synthesizing. interpretation of presentation, logically concepts. results / and ? Outstanding reflective structured, using ? Outstanding ability to accomplishing practices, accurate grammar and apply the theoretical practical tasks. demonstrating spelling. concepts by ? Demonstrates outstanding personal ? Mostly correct crosshigh considering of learning and growth, degree of autonomy in referencing and links Outstanding information insight into required completing tasks to supporting evidence systematically. professional values ? Outstanding ability to 94 -100 and principles and ? Evidence of reading a communicate the professional wide range of information verbally development planning. educational and in writing. literature/research and ? Original Findings ? Outstanding ability to where applicable presented with work in groups and to workplace strategies, conviction and justified manage teams. policies and very well ? Outstanding ability to procedures. learn autonomously. ? Very accurate referencing and MEC_AMO_TEM_035_02 Page 6 of 16 Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP Excellent 84 – 93.99 bibliography using appropriate referencing style ? Outstanding problem solving skills and outstanding decisionmaking skills. ? Excellent knowledge ? Tasks completed with ? Excellent skills for ? Excellent ability to use and depth of high accuracy. critical analysis, learning resources understanding of ? Excellent evaluation and skills in principles and synthesizing. interpretation of ? Excellent presentation, concepts. results / and ? Excellent reflective logically structured, ? Excellent ability to accomplishing practices, using accurate apply the theoretical practical tasks. demonstrating grammar and spelling. concepts by excellent personal ? Mostly correct crossconsidering of learning and growth, referencing and links information insight into required to supporting evidence systematically. professional values ? Excellent ability to and principles and ? Evidence of beyond the communicate the professional minimum expected information verbally development planning. range of of educational and in writing. literature/research and ? Findings presented ? Excellent ability to where applicable with conviction and work in groups and to workplace strategies, justified well manage teams. policies and ? Excellent ability to procedures. learn autonomously. ? Accurate referencing and bibliography using appropriate referencing style ? Excellent problem solving skills for decision-making skills. MEC_AMO_TEM_035_02 Page 7 of 16 Second Class, Upper Division Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP Very Good 77 – 83.99 ? Very good knowledge ? Tasks completed with ? Very good skills for ? Very good ability to use and depth of very good accuracy. critical analysis, learning resources understanding of ? Very good skills in evaluation and ? Very good principles and synthesizing. interpretation of presentation, logically concepts. results / and ? Very good reflective structured, using ? Very good ability to accomplishing practices, accurate grammar and apply the theoretical practical tasks. demonstrating very spelling. concepts by Good personal learning ? Mostly correct crossconsidering of and growth, insight referencing and links information into required to supporting evidence systematically. professional values ? Very good ability to and principles and ? Evidence of reading a communicate the professional very good number of information verbally development planning. educational and in writing. literature/research and ? Findings presented ? Very good ability to where applicable with conviction with work in groups and to workplace strategies, very good justification manage teams. policies and ? Very good ability to procedures. learn autonomously. ? Precise referencing and bibliography using appropriate referencing style ? Very good problem solving skills decisionmaking skills. MEC_AMO_TEM_035_02 Page 8 of 16 Third Class Second Class, Lower Division Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP Good 70 – 76.99 Satisfactory 60 – 69.99 ? Good knowledge and ? Tasks completed with ? Good skills for critical ? Good ability to use depth of good accuracy. analysis, evaluation learning resources understanding of ? Good and synthesizing. skills in ? Good presentation, principles and interpretation of ? Good reflective logically structured, concepts. results / and practices, using accurate ? Good ability to apply accomplishing demonstrating good grammar and spelling. the theoretical practical tasks. personal learning and ? correct crossconcepts by growth, insight into referencing and links considering of required professional to supporting evidence information values and principles ? Good ability to systematically. and professional communicate the development planning. ? Evidence of reading a information verbally good number of ? Findings presented and in writing. educational with conviction and ? Good ability to work in literature/research and good justification. groups and to manage where applicable teams. workplace strategies, ? Good ability to learn policies and autonomously. procedures. ? Good referencing and bibliography using appropriate referencing style ? Good problem solving skills and decisionmaking skills. ? Satisfactory knowledge ? Tasks completed with ? Satisfactory skills for ? Satisfactory and depth of satisfactory accuracy. critical analysis, presentation, logically understanding of ? Satisfactory skills in evaluation and structured, using principles and synthesizing. accurate grammar and interpretation of concepts. spelling. results / and ? Satisfactory reflective ? Fair application of the accomplishing practices, ? Satisfactory crosstheoretical concepts by practical tasks. demonstrating fair referencing and links considering of personal learning and to supporting evidence information growth, insight into ? Satisfactory ability to systematically. required professional communicate the values and principles ? Evidence of reading a information verbally and professional fair number of and in writing. development planning. ? Satisfactory ability to educational literature/research and ? Findings presented work in groups and to where applicable with conviction and manage teams. workplace strategies, satisfactory ? Satisfactory ability to policies and justification. learn autonomously. procedures. ? Satisfactory referencing and bibliography using appropriate referencing style ? Satisfactory problem solving skills and MEC_AMO_TEM_035_02 Page 9 of 16 Operations Management (BUSS-B 1006) – Spring - 2021 – CW (2) – QP Acceptable / Pass 50 – 59.9 ? Basic knowledge and ? Tasks completed with ? Basic skills for critical ? depth of minimum acceptable analysis, evaluation understanding of accuracy. and synthesizing. principles and ? Acceptable skills in ? Basic reflective concepts. interpretation of practices, ? Basic ability to apply results / and demonstrating some ? the theoretical accomplishing personal learning and concepts by practical tasks. growth, insight into considering of required professional ? information values and principles systematically. and professional development planning. ? Evidence of reading a few number of ? Findings presented ? educational with conviction and literature/research and acceptable where applicable justification. ? workplace strategies, policies and ? procedures. ? Fail / Poor