MGT613 Current Final Term shared by + Sidra Fall 2013 File 1

3 Marks Questions
1.      What would be the annual carrying cost, if the order size is 200 units where the holding cost is Rs. 2 per unit?
Note: Provide answer with complete working. Failure to show working will result in deduction of marks. (3 Marks)
2.      How would you illustrate the problems that you may encounter in scheduling the service operations? (3 Marks)
3.      Usage of a work center is 200 parts per day and a standard container holds 20 parts. It takes an average of 0.14 day for a container to complete a circuit from the time the Kanban card is received until the container is returned empty. Compute the number of Kanban cards (containers) needed. X = 0.20
Note: Provide answer with complete working. Failure to show working will result in deduction of marks. (3 Marks)

5 Marks Questions
1.      Scheduling is an important tool for manufacturing and service industries. Explain some of the advantages of scheduling. (5 Marks)
2.      EDI is beneficial for organization. Elaborate some of the rewards of EDI to an organization. (5 Marks)
3.      An organization ABC wants to implement ISO 9000 standards. Why is it needed to acquire ISO 9000 certification and how can it gain ISO 9000 certification? (5 Marks)
4.      Why some multinational corporations feel that globalization is not a good option?
(5 Marks)
5.      Why it is necessary to categorize the inventoried items as ABC Classification suggests?
(5 Marks)