Scheme of Evaluation of PGDM 2019-21 - OM I End Term Paper

PART A
Q1 :

Safety stock - 2000

Avg Inventory - 7000
I = R * T --> T = 7 days (If unit days not mentioned then 1/2 marks cut)
TOTAL

Q2:

Cva= 0.9
CVp = 1.76
Flowrate = 0.45
Utilisation - 76.6%
Iq = 6.38
Tq = 14.19 mins
TOTAL

Q.3 :

Cva= 1 & CVp = 1

Util = 75%
Formulae - Pn = ( 1-P) P n
Probability= 0.32 or 32%
TOTAL

Q4 :

Tables with Safety stock = 0,10,20,30

Total cost = 30 units
(If table shown above SS> 30 than cut 1 mark)
TOTAL

Q.5 :

Remains unchanged
(Any other answer - 0 marks)
TOTAL
0.3
(15 Marks)
Marks

2 2.4301336574
2
1
5

(5 Marks)
Marks
1
1
1
0.5
0.5
1
5

(5 Marks)
Marks
1
1
1
2
5

(5 Marks)
Marks
3
2

(5 Marks)
Marks
5

5
 PART B
Q1 :

a. Process flow diagram with time mentioned

b. Mention various resources & activity
Correct utilization - 26.67 % , 66.67%, 60 % - (6 Marks) or if mentioned - wrong utilization 25%, 62.5%,
56.24% (only 3 marks)
c. Total no.of customers and flow rate
Available time in an 8 hr day = (480- 30(maintenance) – 3 (mins for 1st patient till he reaches doctor – 5 (mins for
the last patient to leave the system after seeing the doctor) = 442 minutes
No. of patients that can be served = 442/20 = 22 patients
Flow rate = Min{Demand, Capacity} = Min{15, 22} = 15
TOTAL
Q2 :

A. Process Flow diagram

Utilization - Cleaning machine: 66.6%
Utilization - Waxing machine: 66.6%
Utilization - Employee R: 52.5%
Utilization - Employee S: 86.9%
Bottleneck - Employee S
B. Implied Utilization of the Employee R during activity C - 52.5%
C. Extra employee hired, bottleneck doesn't change

TOTAL
Q3 : Method 1:

A. ordering policy at each warehouse - Continous Rev. Policy

Q* = 20,000 units
servive level = 1.645
safety stock = 3290 units
average inventory held = 53160 units
annual holding cost = 13,29,000
T = 1.3 weeks (If unit weeks not mentioned 1 mark cut)
B. Safety Stock = 6580 units

average inventory can the company now expect to hold = 26580 units
T = 0.66 weeks

TOTAL
Q4 :
critical path ( Path diagram & BDHJK) and the expected time to complete the project (70.5 weeks)
expected time and variance for each activity - each row should be correct
probability that the project will be completed between 70 and 75 weeks -(0.91-0.5/0.41= 41.5%)
TOTAL
Q5 :
A:

FCFS Sequence - ABCDE

SPT Sequence - BDACE
EDD Sequence - BADCE
Average Completion time for each of the Priority rules - 15.4 ,13 , 13.6
Average Lateness (tardiness) for each of the Priority rules - 2.2, 1.8, 1.2
TOTAL
B:

Optimum order - 5 6 7 3 1 2 4
Gantt chart
calculate the make span time - 40 days
TOTAL

Q6 :

Average =999.1 & Avg Range = 21.73

X bar Chart Values ( UCL = 1014.96 & LCL = 983.24)
R bar chart VALUES ( UCL - 49.54 & LCL - 0)
Plot X barchart and R bar chart
Comment on the process
Calculate σxx -5.287
Calculate σ - 10.57
Calculate process capability Cpk - 0.286

TOTAL
(15 Marks)
Marks
3

2
1
3
15

(15 Marks)
Marks
3
1
1
2
2
1
2
3

15

(15 Marks) Method 2:

Marks Marks
A. ordering policy at each warehouse - Periodic Review Policy
2 Z = 1.645 0.5
0.5 T* = 2 weeks 2
1 safety stock = 5698 units 1
2 average inventory held = 82793 units 2
1.5 annual holding cost = 20,69,845 units 1.5
2 T = 2weeks (If unit weeks not mentioned 1 mark cut) 2
2 B. Safety Stock = 21823 units 2

2 average inventory can the company now expect to hold = 2

241823 units
2 T = 6 weeks 2

15 TOTAL 15

(15 Marks)
 Marks
4+3
4
4
15

(15 Marks)
6 Marks

Marks
1
1
1
1.5
1.5
6
9 Marks

Marks
3
1
5
9

(15 Marks)
Marks
2
2
2
2
1
2
2
2

15