Unit 1 Assignment
Unit 1 Assignment
Answer :
Automation is the process by which machines are able to function without human operations. It is a
very advanced process and helps in removing the chances of injuries and mistakes by human error.
This is mainly because all the jobs relating to the operation of machines have been automated and
people working on those jobs have been laid off. This has resulted in a lot of unemployment.
2) "The structure of operations is not as simple as saying that fewer, bigger facilities will result in
higher productivity and lower costs". Elucidate.
Answer:
The structure of operations is not as simple as saying that fewer, bigger facilities will result in higher
productivity and lower costs. According to conventional economic theory,this tends to be true up to
a certain limit. Economies of scale allow firms to increase productivity by making operations larger.
Service and manufacturing operations can take advantage of this to improve productivity and lower
costs.
Consolidation in the many industries is being driven by the need to spread Fixed Costs, such as
information systems, infrastructure, and management, over a broader base of operations. But this
action assumes that demand is infinite. Therefore, matching the characteristics of the market to the
needs of the customer is crucial. Very often, adding facilities is not the right answer
The productivity tree is shown in three parts, the roots (inputs), the trunk (the conversion process)
and the fruit (the outputs). As will be recognized in the figure, long-term productivity improvements
can be achieved by the human factor through skills, systems, management and positive and
innovative attitudes. In this sense, productivity is an attitude of mind which is intolerant of waste of
every kind and in any form. It not only refers to work systems but also to the development of right
attitudes and a strong concern for efficiency.
4) Calculate wastivity from the following:
Answer:
Manpower employed = 12
= 57.69 percent
= 100-57.69 = 42.31
5) Define Production Function.
Answer:
Production Functions Production may be defined as the conversion of inputs – men, machines,
materials, money, methods and management (6 Ms) into output through a transformation process.
Output may be goods produced or services rendered. "Goods produced" is for the manufacturing
concerns and "services rendered" is for the service operation units such as banks, hospitals,
hotels/restaurants, etc. In this sense, production management may be viewed as operations
management.
Production is a primary business function along with marketing and finance, other management
areas being HRD (Personnel & Industrial Relations) and Materials Management, etc. Marketing
establishes the demand for goods and services, finance provides the capital and equipment while
production actually makes the goods or services. In this sense, it plays a vital role in achieving a
firm's strategic plans or goals.