Operations Management (BUSS1501)–CW2-Spring–17- QP BUSS (1501) QP Page 1 of 5 In Semester Individual Assignment - Spring 2017 Module: Operations Management (BUSS1501) Level: 2 (5-UoW) Max. Marks: 100 Duration: 3 weeks Instructions to Student: • Answer within a word limit of 2000 words with 10 % more/less will be accepted. • Date of submission: 8th week of the semester, the day and time of scheduled class • Submission form: Soft copy to be submitted through Moodle at Turnitin. • Late submission shall be penalised as per the norms of MEC mentioned in the Module Information Guide. • Plagiarism policy is as per the MEC guidelines as mentioned in the Module Information Guide. • Kindly include references (Harvard style of referencing) at the end of the paper. Referencing and proper formatting carries 05 marks in total. (Minimum 8 journals – 8 references is required for this assignment) Learning Outcomes to be assessed in this assessment  Identify and solve decision problems related to the various operations functions, like Project Management, Project Plan Gantt Chart, Break Even, and Inventory Management.  Differentiate the different techniques and use the appropriate technique in problem solving within operations management.Operations Management (BUSS1501)–CW2-Spring–17- QP BUSS (1501) QP Page 2 of 5 Answer all the questions using appropriate examples. All the questions carry equal marks (4x20=80) 1. Explain the meaning of productivity, work out Single and Total Factor Productivity-TFP. Conclude if the organization sustains competitive operational advantage. 2. Explain the concept of ERP & MRP in the modern context and the importance of information technology for operation management. 3. Discuss the concept of Inventory Management, ABC classifications, advantages and disadvantages. (Selected organization will add value to the answer). 4. Draw and briefly explain project management life cycle. Marks allotted as per the below table Evaluation Criteria Marks allotted 100 Introduction 10 Question 1 Meaning of the productivity 20 Question 2 Explain the concept of ERP & MRP 20 Question 3 Concept of Inventory & ABC classifications 20 Question 4 Project Management Life Cycle 20 Conclusion 5 References 5 Clarification on Plagiarism Policy As per MEC policy, any form of violation of academic integrity will invite severe penalty. Plagiarised documents, in part or in whole, submitted by the students will be subject to this policy. A. First offence of plagiarism a. A student will be allowed to re-submit the assignment once, within a maximum period of one week. However, a penalty of deduction of 25% of the marks obtained for the resubmitted work will be imposed.Operations Management (BUSS1501)–CW2-Spring–17- QP BUSS (1501) QP Page 3 of 5 b. Mark deduction: When the work is resubmitted, the marking will be undertaken according to the marking criteria. In compliance with this policy, the 25% deduction is then made on the marks obtained. For example, in an assessment that carries a maximum of 50 marks, suppose a student were to obtain 30 marks for the resubmitted work, the final marks for that assessment will be 22.5 (after deducting 25% of the marks actually obtained for the resubmitted work). c. Period of resubmission: The student will have to resubmit the work one week from the date he or she is advised to resubmit. For example, if the formal advice to resubmit was communicated to the student on a Sunday (latest by 5 pm), the student will have to resubmit the work latest by next Sunday 5 pm. d. If the re-submitted work is also detected to be plagiarized, then the work will be awarded a zero. e. Resubmission of the work beyond the maximum period of one week will not be accepted and the work will be awarded a zero. B. Any further offence of plagiarism a. If any student is again caught in an act of plagiarism during his/her course of study (either in the same module, same semester or in any other semester), the student will directly be awarded zero for the work in which plagiarism is detected. In such cases, the student will not be allowed to resubmit the work. C. Guidelines a. Type 1: In case plagiarism is detected in any component or part submission (submitted at different times) of one assessment (assignment), the deduction in marks will be applicable for the whole assessment (assignment), even if only the component or part submission alone needs to be resubmitted. b. Type 2: In case plagiarism is detected in a group assessment, all students of the group will be considered as having committed an act of plagiarism irrespective of whether plagiarism is on account of the act of all or a few or only one member. The policy will then be applied to all students.Operations Management (BUSS1501)–CW2-Spring–17- QP BUSS (1501) QP Page 4 of 5 c. Type 3: Combination of Type 1 and Type 2: In case plagiarism is detected in any component or part submission (submitted at different times) of a group assessment (assignment), the deduction in marks will be applicable for the whole assessment (assignment), even if only the component or part submission alone needs to be resubmitted. All students of the group would be considered as having committed an act of plagiarism irrespective of whether plagiarism is on account of the act of all or a few or only one member. The policy will then be applied to all the students of the group. d. Type 4: Variation of Type 1 and Type 2: In cases where the assessment consists of components or part submissions that could be a group assessment component (e.g. group assignment) and an individual assessment component (e.g. individual reflection), the following will be applicable: 1. If plagiarism is detected in the group assessment component, all students of the group will be considered as having committed an act of plagiarism, irrespective of whether plagiarism is on account of the act of all or a few or only one member. The policy will then be applied to all students of the group. In such cases the group assessment component will be resubmitted as per the policy. 2. If plagiarism is detected in the individual assessment component, the individual assessment component will be resubmitted as per the policy. The policy will then be applied to that student alone. 3. In both cases (a) and/or (b), the deduction in marks will be applicable for the whole assessment (assignment). D. Amount of similar material a. The total amount of similar material in any form of student work from all sources put together should not exceed 30% (including direct quotations). b. The total amount of quoted material (direct quotations) in any form of student work from all sources put together should not exceed 10%.Operations Management (BUSS1501)–CW2-Spring–17- QP BUSS (1501) QP Page 5 of 5 c. The total amount of similar material in any form of student work from a single source should not exceed 7 percent. However, cases having a similarity of less than 7 percent in such cases may still be investigated by the faculty depending on the seriousness of the case. d. If faculty member find enough merit in the case of a student work with a similarity (with a single source) of more than 7 percent as not a case of plagiarism, the faculty member should provide detailed comments/remarks to justify the case.