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POM (Assignment 2)

The document is an assignment from Tecnia Institute of Advanced Studies for a 5th semester BBA program. It contains 4 questions related to production and operations management. The first question asks to calculate the economic order quantity (EOQ) and annual order quantity given cost data. The second question asks to calculate minimum stock level, maximum stock level, and reordering level given consumption and reorder details. The third question asks to define EOQ, explain the assumptions, and derive the formula. The fourth question asks to write short notes on two topics from a list involving VED analysis, ABC analysis, and Poka-Yokes.

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Rahul Kumar
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74 views1 page

POM (Assignment 2)

The document is an assignment from Tecnia Institute of Advanced Studies for a 5th semester BBA program. It contains 4 questions related to production and operations management. The first question asks to calculate the economic order quantity (EOQ) and annual order quantity given cost data. The second question asks to calculate minimum stock level, maximum stock level, and reordering level given consumption and reorder details. The third question asks to define EOQ, explain the assumptions, and derive the formula. The fourth question asks to write short notes on two topics from a list involving VED analysis, ABC analysis, and Poka-Yokes.

Uploaded by

Rahul Kumar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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TECNIA INSTITUTE OF ADVANCED STUDIES

NAAC ACCREDITED GRADE “A” INSTITUTE

Assignment-2

Academic Session: 2022-23

Program: BBA Shift: II Semester: V Div: B


Paper Code: 303 Paper: Productions & Operations Management

Note: Attempt all the questions

Q 1: A manufacturer buys certain equipment form suppliers at Rs. 30 per unit. Total
annual needs are 800 units. The following further data are available: (5X1)
I. Annual return on investments 10%
II. Rent, insurance, storing per unit per year Rs. 2
III. Cost of placing an order Rs. 100

Calculate EOQ and Annual order per year ?

Q 2: Calculate minimum stock level, maximum stock level, and re-ordering level:
(10x1)
(i) Maximum Consumption = 300 units per day
(ii) Minimum Consumption = 180 units per day
(ii) Normal Consumption =190 units per day
(iv) Reorder period = 10-15 days
(v) Reorder quantity = 2,000 units
(vi) Normal reorder period = 13 days.

Q 3: Define Economic Order Quantity ? Explain the assumptions and derive the
formula ? (10x1)

Q4: Write short notes on any two the following: (5x2)

I. VED analysis
II. ABC analysis
III. Poka-Yokes

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