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Assessment - 1 - Operations - Supply - Chain - Management PGPMex PDF
Assessment - 1 - Operations - Supply - Chain - Management PGPMex PDF
- Submitted by
Aviral Tiwari
Batch - PGPMex Mar21_B
Question 1 - A set of four jobs A, B C & D have the machining time of 5, 25, 20 and
10 hours and are due at 20, 35, 40 and 25 hours respectively. The four priority
rules to be assessed for deciding the scheduling are recommended to be EDD,
SPT, LPT and CR.
1(a). Compute and analyze the set of critical performance metrics for each
scheduling process.
1(b). Identify the best priority rule. Support your answer with justifications.
1(c). Comment on the outcomes from other than the best priority rules.
Answer -
The given situation states that there are four jobs having different machining time and
due time, that needs to be done as per the table given below -
The four priority rules recommended for scheduling are EDD, LPT, SPT, CR.
1. EDD (Earliest Due Date) - Prioritises the jobs on the basis of their due dates.
2. LPT (Longest Processing Time) - Prioritises the jobs having the longest machining
time
3. SPT (Shortest Processing Time) - Prioritises the jobs having the shortest machining
time
The four critical performance metrics that are required to measure the most efficient
scheduling process are -
Utilization metric -
This is derived by the ratio of total job processing time by total flow time
(1.a) To find out the performance metrics for the given four scheduling processes, we
would need to calculate the Average completion time, Average Job lateness, Utilization
metric, Average number of jobs using the given formulas.
As per the EDD scheduling, following are the metric numbers that are calculated -
Summary
Metrics EDD LPT SPT CR
Average completion time 30 46.25 28.75 46.25
Average Job lateness 6.25 18.75 6.25 18.75
Utilization metric 50% 32% 52% 32%
Average number of jobs 2 3.08 1.92 3.08
The above summary table shows how different scheduling processes are performing
based on the decided performance metrics.
(1.b) As we can see from the above table, the scheduling process SPT has performed
well stating -
Hence, the scheduling process SPT (Shortest Processing Time) is the best priority rule
for the jobs A, B, C & D.
(1.c) As per the given table, there are several other observations that can be noted for
the given set of priority rules
● The average job lateness for both EDD and SPT are the same and the lowest
compared to the other priority rules
● The metrics for LPT and CR matches which signifies that the longer processing
time a job has, the more critical it is.
● LPT and CR having similar metrics is the worst performing priority rule having
highest average completion time, highest job lateness, lowest utilization metric
and the highest number of jobs
● EDD is very close to SPT in terms of all the performance metrics showing very
little deviation and can be considered as the best alternative to SPT.
Question 2 Titan produces from their manufacturing units two brands of watches
– Sonata and Nebula. Sonata is targeted for a mass market while Nebula is
targeted at a premium segment.
2(a). Should Titan produce & manage both brands with the same operational
supply chains? Why?
2(b). Should they share the manufacturing facilities, production process, and
quality assurance systems?
Answer -
Titan launched in 1984 as the Joint venture between Tata Group and the Tamil Nadu
Industrial Development Corporation. It is one of the largest integrated watch
manufacturers in India, while holding the sixth largest position globally.
They have a main watch plant in Hosur, Karnataka and a watch assembly plant in
Dehradun, having an investment of over 130 million US dollars with a 450,000 sq ft
state of art facility. They have more than 50% share of the watch market in India with
products ranging from lower middle class people to higher class individuals.
In order to understand the differences between Sonata and Nebula, we should first be
aware of the watch production process.
1. Designing
The process starts with finalising a design of the watch which can be based on the
customer’s need, latest trends or anything that is suggested by the brand management
team. This can be done by any 3D modeling software such as CAD.
2. Pre production
This step involves the planning process, where the raw materials, inventories, logistics
and the manufacturing processes are decided and arranged. The process helps to
understand the complexity and the time taken by the given project and it often takes 4
weeks to finish.
3. Production
Upon the finalization of process, acquiring raw materials and sorting the logistics and
other factors, the project is finally taken to action. The raw materials that are used for
the watch such as copper, leather, stainless steel etc are moulded into parts by a
number of processes under machining such as
a. Stamping
The process requires the cutting and folding the parts of metal sheets
which are then transferred to a series of stamping tools that are mounted
into presses which helps to make several parts such as base plate of the
watch etc
b. Machining
In this process the raw material is transformed into various parts as per
the desired shape such as the dial or body etc, by several machining
processes. This is done keeping in mind of the specific precision as per
the design of the watches
c. Inspection
The parts are then inspected for any defects or any deviation from the
specific measurements they are expected to be produced. This is a very
crucial process as it acts as a checkpoint to avoid the faulty watches in
between the process.
5. Quality Assurance
The final products are then inspected in terms of their designs, durability, and
other metrics to ensure the correct product is sent to the warehouse which in turn
is sent to the retails shops
To proceed with this question, we would first need to understand the key differences
between the two brands of watches by Titan, which are Sonata and Nebula.
Sonata watches are made to provide their customers a wide variety of watches with
great value as per the prices they offer with their latest trendy design and superior
quality standards. Sonata watches have a wider target audience as it is made for people
who can wear it for daily use while still looking the best.
The target audience ranges from Mens, Ladies and kids. The usage of their watch
ranges for all occasions, be it workwear, fashion, casual, festive or wedding etc.
They have different shapes and sizes for the dials which are complemented with long
lasting, leather, metal or silicon straps. The material is durable, high grade and lasts
longer. The strap ranges from a wider number of materials such as bimetal, metal,
leather, PU, plastic and stainless steel. The watch function has a wider range with
watches which are analog, analog with date and time, digital and multifunction.
Nebula watches, however, are positioned as the luxury or premium products which are
offered by the wide ranges of Titan watches. The watches are made with 18K and 22K
gold with over 100 models for men and women ranging from Rs.29,000 to Rs.6.25
lakhs. The watches are made considering the elegant and rich heritage of Indian
jewellery with the fine craftsmanship of watch making.
The Nebula watches come with two different straps - Gold and leather and have a
variety of traditional styles such as Calligraphy, Lusture, Rajputana, Lotus etc. Nebula
watches are pure gold watches that can be a major investment for your future as an
heirloom