NMIMS SOLVED ASSIGNMENTS
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Advanced Supply Chain
Management
1.
For most organizations, the main target of supply chain management is to
realize and neutralize the uncertainties in their supply chains. Discuss what
you mean by “uncertainty in a supply chain”. Select any organization of your choice,
study and explain in detail how they are dealing with supply chain
uncertainties. Also, discuss what you infer from the study.
2.
What are the various aggregate planning strategies followed by organizations.
Select any manufacturing organization and discuss its aggregate planning
strategy.
3.
Because of global competition, demand is no longer certain for any business.
The overall environment today is dynamic, firms are increasingly realizing that
understanding demand, planning demand and linking supply with demand pays. At
the same time, if the supply chain forecast is wrong, the consequences will be
felt throughout the entire supply chain.
This
is why forecasting has assumed a significant importance, and more and more
supply chain managers are looking to forecasting to reduce operational costs.
Despite significant developments in the area of supply chain forecasting as
well as IT, most organizations do a poor job of incorporating demand
uncertainty into their production planning processes. Most often this is blamed
on forecasting without realizing the importance of selecting the appropriate
forecasting technique.
Forecasting
methods works efficiently when business driven variability are traced and then
factored into forecast. Finally, it should be remembered that forecasting is an
integrated exercise in which all levels of the supply chain are involved and
are willing to share information which helps in increasing demand visibility
within organizations as well increase the performance of forecast.
Source: Rakesh Singh, “Demand
forecasting in a supply chain”, Business Standard, August 18, 2014
a.
Explain the meaning of demand forecasting and discuss its role in supply chain
management.
b.
Using suitable examples discuss the difference between qualitative and
quantitative methods for forecasting. In your opinion which one is the better
method for forecasting?
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Business Ethics,
Governance & Risk
1.
Alok, a former employee of ABC Ltd has taken the proprietary customer list of
the company to his new company, XYZ Ltd. According to you what are the moral
issues involved here for both ABC Ltd as well as XYZ Ltd. What are the options
available to his immediate boss at XYZ Ltd when Alok offers this list.
2.
In this era of resources availability crisis can ethical consumerism
influence/change business? Do you think ethical consumption is a moral choice?
Evaluate your answer using any one ethical theory.
3.
Ayesha is a successful Vice President, Finance since last 3 years of a mid size
FMCG company recognized as a highly motivated, committed and capable executive
across the organization. When the CEO of the company meets with an accident and
is paralyzed the Company Board chooses to elevate Ayesha’s Junior, Nikhil, Vice
President Marketing, just one year old in the company, as the next CEO. The
organization is now largely divided into 2 factions, each favoring either
Ayesha or Nikhil. You are the Head of Human Resources thinking of addressing
this issue of gender discrimination.
a.
According to you, which 5 factors influence the attitude of an individual
towards gender bias? How can this attitude be changed/ overcome?
b.
Analyze and evaluate any three internal processes and systems that you think
would have prevented this situation from happening.
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Decision Analysis &
Modeling
1.
Even though there are many auto rickshaw manufactures, two companies Bajaj and
M&M, control the market in Maharashtra. If both the companies make similar
design changes in their auto rickshaws in a year, their market shares will
remain unchanged. Similarly if neither of them goes for any changes, then also
their market shares will remain constant. But if incase one company goes for a
design change and other doesn’t then the market shares are going to change, the
payoff matrix for increase or decrease in market share under different possible
scenarios is given below:
|
|
|
Bajaj
|
||
|
M&M
|
|
No changes
|
Small changes
|
Major Changes
|
|
No changes
|
0
|
-4
|
-10
|
|
|
Small changes
|
3
|
0
|
5
|
|
|
Major Changes
|
8
|
1
|
0
|
|
Find
the value of the game. What changes should M&M consider if this information
is only available to it?
2.
Using suitable examples discuss the difference between simple linear regression
and logistic regression.
3.
To assemble a “Drone”, Mukesh has laid out the seven major activities involved.
The activities are labeled as A through G in the following table, which also
shows their various completion times (in Hrs) and immediate predecessor of each
activity.
|
Activity
|
Most optimistic
time
|
Most likely time
|
Most pessimistic time
|
immediate
predecessor
|
|
A
|
1
|
2
|
3
|
-
|
|
B
|
2
|
3
|
4
|
-
|
|
C
|
4
|
5
|
6
|
A
|
|
D
|
8
|
9
|
10
|
B
|
|
E
|
2
|
5
|
8
|
C,D
|
|
F
|
4
|
5
|
6
|
D
|
|
G
|
1
|
2
|
3
|
E
|
a.
Determine the expected time and variance for each activity.
b.
Determine the critical path for the project. What is the probability of
completing the project in less than 25 hours?
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International Logistics
and Supply Chain Management
1.
Suggest the taxonomy for a three-dimensional classification for global supply
chain. Identify the issues that affect the operations and strategy of a global
logistics firm say DHL or TNT and recommend ways to handle such issues.
2.
As a General Manager – Supply Chain Management of a leading domestic garment
manufacturing firm, you have proposed the option of exploring international
procurement for the first ever time for your company. Suggest the various
components of your proposal.
3.
Based on your recommendation, the Board of the garment company has decided to
go ahead and place trial order with an international supplier whom you have
recommended.
a.
Enlist the constituents of the import / export sales contract.
b.
Suggest a warehousing management plan.
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World Class Operations
Q.1.
Explain in brief what are various the types of benchmarking. Discuss the concept of benchmarking with reference to
a benchmark product/s or company in the automobile industry. Why do you think
that it is the benchmark in the industry?
Q.2.
Discuss in brief the various technique to achieve World Class Operations. Also discuss how can the concepts of
Kaizen, Use of I.T., Optimum product mix, etc be applicable and implemented in
an Educational institute for the institute to be World class. Discuss with an
example if any possible.
Q.3.
Indian Railways is a name synonymous to an operational
activity at a large scale. Give your views on the following aspects of
Indian railways
a)
There have been several instances & reports of problems faced by customers
during booking of tickets through its online
portal. What should Indian railways do to make this system world class?
b)
Discuss the concept of DMAIC with
reference to any one aspect (Food served/ hospitality/ safety, etc) of Indian
Railway.
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