Jimma University – Jimma Institute of Technology – Faculty of Mechanical

Engineering
Industrial Management and Engineering Economy – Mengg. 5241 Assignment 1

Name: ID No.: Academic Year 2013 EC

Notice: Based on the power point presentations or word documents for chapters 1 and 2 answer the
following and submit on line or hardcopy for the following questions.

Part – 1 Descriptive Questions

Q1. Define Industrial Management and state its characteristics?

Q2. List the functions of management and explain the advantages of planning.
Q3. What are the problems associated with industrial management?
Q4. What are the levels of management and write about middle management.
Q5. What type of skills is necessary for a manager and write about technical skills.
Q6. List any six principles of organization and explain about span of control.
Q7. Enumerate different types of organization structures and write about functional organization.
Q8. Based on your Internship experience, draw the Organization chart of that industry.
Q11. What do you mean by productivity and what are factors affecting it?
Q12. List the functions of management and explain the advantages of planning.
Q13. Explain the activities of the staffing or human resource department?
Q14. What is demand forecasting and what are the factors affecting the demand?
Q15. What are the various forecasting methods and write about Delphi method.

Part – 2 Numerical Problems:

1. Find the partial productivity and total productivity for a company for which the following data
is available.
Output = ETB 15000, Labour input =ET 4500, Material input ET 3000, Capital input = 4500
ETB, Energy input = 1500 ETB, Other input expenses = 750 ETB.
2. Given the following data in table 1, calculate the three-month moving average forecasts for
months 4, 5, 6, and 7.
 Month Actual Forec Table:1
Demand ast
1 60
2 70
3 40
4 50
5 70
6 55
7
3. In the above problem, Calculate the three-month moving weighted average forecasts for
months 4, 5, 6, and 7. The three periods having the following weight: 0.45 for the immediate
past, 0.30 for two periods before and 0.25 for three periods before.
4. Table 2 shows the actual demand for a product. Using this exponential smoothing method
calculate the forecasts for all the months. Take α = 0.2.

S. No Month Actual Demand

1 January 37
2 February 40
3 March 41
4 April 37
5 May 45
6 June 50
7 July 43
8 August 47
9 September 56
10 October 52
11 November 55
12 December 56