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UPES MBA Solved Assignment - Latest Solved Assignment of UPES - Operations Management (2024)

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University	UPES (University of Petroleum and Energy Studies)
Semester	Third (3rd Sem)
Program	MBA
Session	2024
Subjects	Business Analytics Lean Manufacturing Product Lifecycle Management Production Planning and Inventory Control Service Operations
Specialization	Operations Management
Service Provider	Solved Assignments Junction (SAJ)

UPES MBA Third Semester - 2024 Solved Assignment for Operations Management

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This Third Semester UPES Assignments for Operations Management (OM) are applicable to all students who have opted for Operations Management MBA Program of UPES.

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UPES MBA Solved Assignments (2024) LATEST QUESTIONS for Operations Management

Analytics (Marketing/HR/Operations/Business/Fintech): UPES Solved Assignment

Assignment 1 - Business Analytics

Assignment brief: You are acting as an analytics consultant to fast-growing SMEs that wish to incorporate Business Intelligence, Analytics, and elements typically found in emerging technology frameworks to improve the business performance of the companies, or generally improve the decisions taken by these firms. Using data sets that the SMEs are providing you with and materials found on Moodle or further suggested readings, make suggestions and advise your clients based on the questions found in each exercise below. Remember that your clients are not familiar with statistical analysis so your presentation should reflect this and use simple language to explain your results.

Task: Create a brief presentation that answers the questions found within each of the case studies below.

You are acting as a consultant to an SME that would like to choose a mix of strategies in how it manages its finances to improve its profitability. Your client has complete lack of knowledge in financial management and tries to run her business based on her previous experience. Having access to balance sheets and income statements of firms in the vicinity, you are able to help the manager find patterns in the data of how other firms manage their profitability, and disentangle the relationships between profitability (as proxied by return on assets: ROA), liquidity (as proxied by Current Ratio), revenue efficiency (as proxied by Operating Margin) and debt ratio (as proxied by long-term leverage).

Instructions

Download the file “SME Exercise1.xls” from Moodle. Use Microsoft Excel or other visualisation software to produce suitable charts illustrating the distribution of ROA, and the relationship of ROA with the other three measures. Include these in your presentation, along with descriptive statistics for ROA and a reflections on the shape of the distribution and the strength and nature of any linear relationships with the other three measures.
Load dataset “SME Exercise1.xls” into RStudio
Fit the following log-log model: 𝑙𝑜g(𝑅𝑂𝐴𝑖)=𝑎+𝑏1𝑙𝑜𝑔(𝐶𝑢𝑟𝑟𝑒𝑛𝑡𝑅𝑎𝑡𝑖𝑜)+𝑏2𝑙𝑜𝑔(𝑂𝑝𝑒𝑟𝑎𝑡𝑖𝑛𝑔𝑀𝑎𝑟𝑔𝑖𝑛)+𝑏3𝑙𝑜𝑔(𝐿𝑒𝑣𝑒𝑟𝑎𝑔𝑒)
Ensure that your presentation includes discussion of the following:

a) Discuss how the regression model can provide valid insights to the firm.

b) State if the coefficients are statistically significant and what this means.

c) Having a transformed (i.e. log-log) model, explain to the firm manager what do the b1…b3 coefficients denote in this case?

d) Discuss their interpretation in this particular example.

e) The firm in question had losses last year and wants to use cash to cover those. Explain to the manager, what would you expect to happen to his firm’s profitability (ROA) if Liquidity (Current Ratio) was to decrease by 5%?

f) So far, you’ve provided good insights to the manager, but what is the goodness of fit of this model? What does it show? Explain to the manager in simple terms.

Assignment 2- Business Analytics

The field of data science is seeing rapid growth. In the last five years, firms have made significant investments to attract highly skilled data scientists, accumulate massive amounts of data, and analyse it using advanced algorithms to identify patterns among the overwhelming amount of irrelevant information.

The current situation is functioning, but only up to a certain extent. Data has started to alter our connection with diverse areas such as language translation, shopping, health care, and basketball.

However, despite the instances of achievement, many firms are unable to fully capitalise on the potential benefits of data science. Even efficiently managed businesses that provide robust analysis are unable to fully use their findings. Efforts become inadequate at the final stage while attempting to elucidate the subject matter to decision-makers.

As an analyst, you have to cover corporate communication for various stakeholders and how the information provided may assist in selecting the most effective tactics for each stakeholder by Establishing a vision and mission, Ensuring consistency with product strategy and implementation, Defining clear expectations , Recognising obstacles, Significance of effective storytelling (Refer to unit 10 of the LMS study material for assistance) .

Lean Manufacturing: UPES Solved Assignment

Assignment 1-Lean Manufacturing

A company manufacturing 4 different types of toys is experiencing a lot of variation in demand for its products. As a result, company is facing difficulty in production planning. The toys are for kids age below 3 years. The toys are sold from about 150 retail stores spread in 20 cities. The company would like to develop a system for forecasting the demand of its products.

How is inventory important for lean manufacturing systems?

Assignment 2-Lean Manufacturing

Analyze the below demand curve for a product and Ans the Question

UPES MBA Solved Assignment - Latest Solved Assignment - Operations Management

Comment upon the use of pull production systems during the life cycle of product.

Product Lifecycle Management: UPES Solved Assignment

Assignment 1 - Product Lifecycle Management

How would the decisions change during different phases of life cycle of this product?

Assignment 2- Product Lifecycle Management

Analyze the below demand curve for a product and Ans the Question.

Explain the curve with respect to product life cycle.

Production Planning and Inventory Control: UPES Solved Assignment

Assignment 1- Production Planning & Inventory Control

Situation

How should company plan production and manage inventory?

Assignment 2-Production Planning & Inventory Control

Analyze the below demand curve for a product in the attached document and Ans the Question.

Explain the curve with respect to management of production and inventory

Service Operations: UPES Solved Assignment

Assignment 1- Service Operations

Is inventory management applicable to services also? Support your answer with examples.

Assignment 2-Service Operations

Analyze the below demand curve for a product and Ans the Question

Whether the curve would be applicable to service demand management also?

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