CH407 Industrial organization and management

Assignment Total marks: (7 marks)

Part (a). Management Types

Q1 Explain in detail the importance, objectives and functions of Maintenance management,

Financial management and Human resource management as required for industrial organization
and management.

Part (b). Centre of gravity and break even analysis methods

Q2. Write all the steps and apply appropriate formulas/equations to solve the following
problems:

Problem1.
The new Health care facility is targeted to serve seven census tracts in Delhi
The table given below shows the coordinates for the centre of each census tract, along with
the projected populations, measured in thousands Customers will travel from the seven
census tract centres to the new facility when they need health care Two locations being
considered for the new facility are at 5 5 4 5 and 7 2 which are the centres of census
tracts C and F Details of seven census tract centres, coordinate distances along with the
population for each centre are given below Find the target area’s centre of gravity for the
Health care medical facility
Problem2.
Todd’s Direct, a major TV sales chain headquartered in New Orleans, is about to open its first outlet in
Mobile, Alabama, and wants to select a site that will place the new outlet in the center of Mobile’s
population base. Todd examines the seven census tracts in Mobile, plots the coordinates of the center of
each from a map, and looks up the population base in each to use as a weighting. The information
gathered
appears in the following table. Todd’s Direct, a major TV sales chain headquartered in New Orleans, is
about to open its first outlet in Mobile,
Alabama, and wants to select a site that will place the new outlet in the center of Mobile’s population
base.
Todd examines the seven census tracts in Mobile, plots the coordinates of the center of each from a map,
and looks up the population base in each to use as a weighting. The information gathered appears in the
following table.

a) At what center-of-gravity coordinates should the new store be located?

b) Census tracts 103 and 105 are each projected to grow by 20% in the next year. How will this influence
the new store’s coordinates?

Problem3.
John Kros, owner of California Ignitions Manufacturing, needs to expand his capacity.
He is Considering three locations, Akron, Bowing Green, and Chicago-for a new plant.
The company wishes to find the economical location for an expected volume of 2000
units per year.
Variable costs are $75, $45, and $25 per unit for Akron, Bowling Green and Chicago
respectively. The expected selling price for each ignition system produced is $120.
Problem4.

Ching-Chang Kuois considering opening a new foundry in Denton, Texas; Edwardsville, Illinois; or
Fayetteville, Arkansas, to produce high-quality rifle sights. He has assembled the following fixed-cost
and variable-cost data:

a) Graph the total cost lines.

b) Over what range of annual volume is each facility going to have a competitive advantage?

c) What is the volume at the intersection of the Edwardsville and Fayetteville cost lines?

Problem5.

Part (c). Network diagram-Critical Path Method (CPM)- Activities on nodes

and Activities on arrow methods

Three problems from Critical Path Method (CPM) using activities on nodes and activity on arrow
methods. ( book. Operations management- chapter 3. Problems no 3.3, 3.4 and 3.5)
….