Project Assignment

Managing Operations and Quality

This project exercise aims to give hands on experience to the students on how to relate various learning
with real world practices. As part of this, this group exercise is assigned and it is expected that the
students will address following areas while they approach to this exercise and submit the final report:

1. Company and Product/Service introduction (1-2 pages).

2. Major competitiveness/differentiation of the product/service from its competitors. (1 page)
3. Forecasting: (2-3 pages)
a. Basis of forecasting
b. Relevant events
c. Technique to be applied
d. Factors that may influence the demand
e. Potential error (Bias/Random)
4. Inventory management (2 pages)
a. Types of inventory
b. ABC classification
c. Apply 80-20 rule
d. Inventory control mechanism
5. Location strategy: (1 page)
a. Locations of different facilities (Factory, warehouses, Distribution Centre etc.)
b. Network design
6. Total Quality Management (1 page)
a. PDCA
b. KANO model
7. Risk Management (1 page)
a. Assess Risks
8. Ethical and socially responsible practices (1 page)
9. Recommendations and Conclusion (1-2 pages)

Total Marks: 20