Industrial Management - Dec 2014
Electronics & Telecom Engineering (Semester 6)
TOTAL MARKS: 100
TOTAL TIME: 3 HOURS (1) Question 1 is compulsory.
(2) Attempt any four from the remaining questions.
(3) Assume data wherever required.
(4) Figures to the right indicate full marks.
Answer any one question from Q1 and Q2
1 (a) Discuss the importance of Industrial management to Engineers.(8 marks) 1 (b) State and explain functions of management.(8 marks) 10 (a) Explain the EOQ model with discounts.(8 marks) 10 (b) Explain the ABC Analysis in detail.(8 marks)
Answer any one question from Q11 and Q12
11 (a) List different types of e-Commerce. Explain C2C in detai(8 marks) 11 (b) What is Information System? Differentiate between Information System and MIS.(10 marks) 12 (a) Explain how MIS can help to increase the productivity of workers in an organization.(10 marks) 12 (b) What is meant by Decision Support System ? What are its benefits ?(8 marks) 2 (a) State and explain foRMS of ownership in business.(8 marks) 2 (b) Comment on effects of Globalization on Indian Industries.(8 marks)
Answer any one question from Q3 and Q4
3 (a) Explain how to formulate corporate strategy using Mr. Mintzberg's 5 Ps to meet business objectives.(8 marks) 3 (b) Discuss Porter's Five forces model of competition.(10 marks) 4 (a) Explain how it is important to prepare and follow an Environmental Threat and Opportunity Profile (ETOP) before starting any business. List various elements to be considered in ETOP.(10 marks) 4 (b) What is GE-9 cell model ? Explain how it is different from BCG Matrix.(8 marks)
Answer any one question from Q5 and Q6
5 (a) Explain the concept of Total Quality Management (TQM), how it is helpful to manufACturing industries ? Also discuss limitations of TQM.(8 marks)
5 (b) Explain the teRMS:
1) Poka Yoke
2) Kaizen.(8 marks) 6 (a) What is ISO 27001: 2005? Explain its importance in today's businesses with suitable example.(8 marks) 6 (b) Explain six sigma Quality management standard. Justify its importance in manufACturing as well as service industry.(8 marks)
Answer any one question from Q7 and Q8
7 (a) What do you understand by Fixed Capital and Working Capital ? Explain the various sources of working Capital.(8 marks)
7 (b) With the help of an example, explain PERT in Project Management.(8 marks)
8 (a) Draw the Standard Break Even Analysis and define following teRMS.
1) Break Even point
2) Contribution per unit
3) Margin of Safety
4) Marginal Cost.(8 marks) 8 (b) What is meant by the following in Critical Path Method (CPM)?
1) Earliest Start Time
2) Earliest Finish Time
3) Latest Start Time
4) Latest Finish Time.(8 marks)
Answer any one question from Q9 and Q10
9 (a) What is meant by Supply Chain Management (SCM) ? What is the role of SCM at Strategic, TACtical, Operational and Execution levels(8 marks) 9 (b) Discuss various types of Inventories.(8 marks)