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Activity HUB Om
Activity HUB Om
Activity 1.2: Pick any 3 each concept on "cost, quality & optimization" areas of evolution of operations management along with their
merits and demerits.
Activity1.3:
Questions: from the given below table, measure separately a: HLF & b: HLA.
Amul – dairy product company would like to consider the following options towards ‘trade-off’ considering from
operational management concerns. Provide solutions based upon your justifications.
Item Type Forecasting Forecasting Switch over Unit cost (Rs) Profit/unit
of sales (Units) error expenses
(Rs)
Product 1 Standard 10,00,000 4% xxx 20 10%
Customized 5,00,000 8% 10 L 30 15%
Product 2 Standard 20,00,000 8% xxx 15 10%
Customized 12,00,000 6% 15 L 20 15%
Product 3 Standard 30,00,000 4% xxx 20 10%
Customized 20,00,000 6% 20 L 25 15%
Questions:
1. What is your recommendation on each product about “standard or customized” decisions? Give your reasons.