Management Science - Important Questions

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Management Science – Important Questions

1. Briefly explain the concept of selection. What are the different techniques of selection
followed by a Personnel Manager, while employing the personnel in an organization?

2. What are the different methods TQM? Explain any two methods in briefly.

3. How can a company identify core and distinctive competencies?

4. What do you understand by Economic order quantity? Derive the formula for determining
the Economic order quantity.

5. Describe the product layout with a neat sketch and state its advantages and dis- advantages
of product layout.

6. Details of a project are shown in table.

Activity Normal Crash Time(days) Cost(Rs) Time(days) Cost(Rs)


1-2 6 7000 3 14,500
1-3 8 4000 5 8,500
2-3 4 5000 1 9,000
2-4 5 8000 3 15,000
3-4 5 5000 3 11,000
4-5 3 800 1 1000
Given indirect cost = Rs. 3000 per week
Determine optimal projection duration and optimal cost of project.

7. What are the leadership qualities that you would look for in a manager? Distinguish between
innate and acquirable qualities with examples.

8. Do you agree with the view that there is no single one best way of departmentation
applicable to all organisations or situations? Give reasons in support of your answer and explain
what factors affect departmentation.

9. Explain some of the problems in interview as a method of selection?

10. What do you mean by crashing a network? State step by step procedure of crashing.

11. Differentiate between cellular organisation and boundary-less organisation. Explain their
merits and demerits.

12. Do you agree with the statement “A company should go in for available internal skills and a
policy of promotion from with always.” Justify.
13. Explain in brief the basic procedure of work measurement.

14. “Leadership is situational” Explain this statement by bringing out the situational factors
important for effective leadership.

15. “Consumer is a king.” Comment on the statement in the light of marketing concept.
16. Explain the concept of Capability Maturity Model. What is its role in modern management
decision making process.

17.How should one go about identifying training needs in an organization?

18. (a) What is PERT and what are the applications of PERT?
(b) Define the terms slack and Float. Illustrate [8+8]

19. Explain the following terms with the help of a neat diagram.
(a) Economic order quantity and Lead time
(b) Safety stock and Re-order point
(c) Maximum inventory and Minimum inventory
(d) Average inventory and Inventory consumption trend. [4×4]

20. Whether the concept of Just-In-Time System is suitable in Indian industry or Not? Discuss.

21. State the various stages of evolution of management theory. [16]

22. Name the various recording techniques used in method study. Give the various symbols
used in recording with their meaning. [16]

23. In a company’s competitive strategy, what importance should be attached to product and
process R&D? Justify your answer. [16]

24. Explain the concept of team structure and inverted pyramid structure. What are their
merits and demerits?

25. Explain different methods of training the employees? Suggest a suitable training method for
salesmen of a Heavy Machine Manufacturing Organization. [16]

26. The following table lists the jobs of a network along with the time estimates.

Jobs Duration in days Optimistic Most likely Pessimistic


1-4 3 9 27
1-3 3 6 15
1-2 6 12 30
4-5 1 4 7
3-5 3 9 27
3-6 2 5 8
5-6 6 12 30
2-6 4 19 28

(a) Draw the project network


(b) What is the approximate probability that jobs on the critical path will be completed by the
due date of 35 days
(c) What is your estimate of the probability that the entire project will be completed the due
date? Explain.
(d) What due date has 90% of chance of being met? [4×4]

27. What do you mean by channels of distribution? Explain its importance in marketing.

28. Name and describe the various tools and techniques used in layout planning.

29. Explain what you understand by management information system(MIS) and its significance
ro the managerial decision making process.

30. Is it possible to simultaneously follow cost leadership and differentiation strategy for a
business unit? Give reasons for your answer.

31. What are the different types of organisations used for the management of industrial
undertakings? Which among them is best suited for large manufacturing under- takings? Give
reasons for your answer.

32. Discuss the leadership styles with examples which Indian managers follow. Can you suggest
a best style for them? How?

34. Discuss Maslow’s Theory of human needs.

35. What are the various functions of management?

36. Discuss the various methods of production with suitable examples.

37. Discuss the features of functional organisation structure. What are the benefits and
limitations? Discuss the situations under which it is more suitable.

38. Calculate the value of Economic order quantity. Given the following: Annual Usage = 50
units Ordering cost = Rs. 15 per order Cost per item = Rs. 100 per item Inventory carrying cost =
10%

39. Is it possible to simultaneously follow cost leadership and differentiation strategy for a
business unit? Give reasons for your answer.
40. Explain the concept of Capability Maturity Model. What is its role in modern management
decision making process.

41. The following table gives the number of rivets missing at aircraft final inspection. Prepare
appropriate control chart.

S.No Air Plane No. No. of missing Rivets


1 A 8
2 B 16
3 C 14
4 D 19
5 E 11
6 F 15
7 G 8
8 H 11
9 I 21
10 J 12
11 K 23
12 L 16
13 M 9
14 N 25
15 O 15
16 P 9
17 Q 9
18 R 14
19 S 11
20 T 9
21 U 10
22 V 22
23 W 7
24 X 28
25 Y 9
Total 351

42. What is environmental scanning and what are the factors effecting external environment?

43. Briefly explain the concept of selection. What are the different techniques of selection
followed by a Personnel Manager, while employing the personnel in an organization?

44. What do you mean by crashing a network? State step by step procedure of crashing.

45. What do you understand by Economic order quantity? Derive the formula for determining
the Economic order quantity.
46. Explain Theory X and Theory Y as theories of motivation.

47. Control charts for X and R are maintained on the tensile strength in kg. of a certain yarn.
The sub-group size is 5. The values of Control charts for X and R are computed for each sub
group. After 25 sub-groups, given that Σ X =514.8, Σ R=120, compute the values of control limits
for X and R charts.

48. Explain a) Total Quality Management b) Six Sigma c) Balanced Score Card d) ERP.

49. Distinguish between Mechanistic and Organic Structures of Organisation.

50. What is materials management? Explain its importance.

51. The various time estimates of activities involved in a project are given in table;
Determine;
(a) Determine the expected completion time of the project.
(b) Determine the variance and standard deviation of the project.
(c) Determine the probability factor of completing the project with in 23 days.

Activities To Tm Tp
1-2 2 6 10
1-3 4 8 12
2-4 2 3 4
2-3 2 4 6
3-4 0 0 0
3-5 3 6 9
4-6 6 10 14
5-6 1 3 5

52. What is SWOT analysis and explain its role in strategy formulation?

53. Whether the concept of Just-In-Time System is suitable in Indian industry or Not? Discuss.

54. How does line and staff organisation structure differ from line organisation structure? What
are the benefits and limitations of line and staff organisation structure?

55. What are the techniques of work measurement? Describe the relationship between work
measurement and method study.

56. Do you prefer centralized recruitment or de-centralized recruitment for recruiting


executives in public sector? Substantiate your argument with adequate reasoning.
57. “Despite the existence of plethora of theories of motivation, we are still in search of a
suitable theory of motivation”. Explain this statement. How does contingency theory of
motivation try to bridge this gap?

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