2003 Anna University M.B.

A PRODUCTION MANAGEMENT Question paper

PART A(10X2 = 20 MARKS) 1. Define Product Planning 2. What is meant by the term contribution in Break even analysis? 3. Explain the terms strategy and tactic 4. What is PDCA cycle? 5. what is tracking signal in forecasting? 6. Explain group technology? 7. What is job design and what approach is to taken to design of jobs? 8. What is aggregate planning? 9. Name the different types of inventories? 10. Explain the term AQL PART B (5X16 = 80) 11 (i) What are the advantages and disadvantages of product and process layout? (ii) Explain the functions of product planning and control. 12 (a)(i) Explain the concepts of product life cycle. As the product moves through this life cycle, what changes can be expected in its profitability and competitive factors? (ii) What is break even analysis? What are the assumptions and advantages of break even analysis? (b) (i) Explain the design principles to simplify product and processes. (ii) Explain the product development process.

13 (a) (i) What are the assumptions made while deriving EOQ model? (ii) Compare MRP and EOQ Model. (iii) Explain the concept of MRPII Or (b) (i) What do you understand by ERP? What are the factors involved in ERP implementation? (ii) What is simulation? What are its limitations? Also explain the steps in a simulation process. 14 (a) Explain type I and type II error. (b) Explain Deming 14 point approach to TQM 15 (a) Explain the different redesign principles of an enterprise with respect to business proess reengineering. (ii) Differentiate between PERT and CPM Or (b) (i) Explain the principles of facility layout (ii) Explain the factors which affect the facility location.

DBA1602 ECONOMIC FOUNDATIONS OF BUSINESS ENVIRONMENT Answer ALL questions PART- A(10X2 =20marks) 1. What do we mean by flexible exchange rate system? 2. What is the GDP of India in PPP dollar terms? 3. Name any two measures of national income of a country 4. Write two major difficulties in the measurement of national income in India 5. What are the elements that constitute money supply according to the standard concept? 6. What is money multiplier? 7. What does Phillips curve say? 8. Write the meaning of job-less growth

9. Mention the share of India in the global trade at present. 10. What are the broad types of gains from trade? PART B(5X16 = 80MARKS) 11. (a) (i) Discuss the alternative methods of measuring national income and mention the precautions to be taken (ii) Explain the central ideas that governed the planning process during the first four decades of independence and the post 1991 period. or (b)What are the macro economic indicators of economic performance? Explain how each indicator is significant for economic growth 12. (a) Explain the Keynes theory of consumption. Discuss the factors that determine the propensity to consume. Mention the important features of Keynes consumption plan or (b) Explain the discretionary and non-discretionary fiscal policies for economic stabilization 13. (a) What are the four measures of money supply? Explain the factors determining money supply or (b) Discuss the major instruments of monetary policy 14. (a) Explain the three different types of inflation. Briefly discuss the effects of inflation (or) (b) Discuss the various measures to control inflation 15 (a) critically examine the free trade policies as against the protectionist policies. Or (b) Analyse the performance of Indian economy in the external sector over the years.