PERT CPM

These are some practice questions on the topic 'Crashing PERT/CPM Network' from subject Production and Operation Management. These questions are based specifically on Purchase Model and Manufacturing Model, also called Economic Order Quantity and Economic Batch Quantity.

Videos related to this topic and other topics of Production and Operation Management can be found here.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these questions for practice.

Crashing in PERT/CPM

These are some practice questions on the topic 'Crashing PERT/CPM Network' from subject Production and Operation Management. These questions are based specifically on Purchase Model and Manufacturing Model, also called Economic Order Quantity and Economic Batch Quantity.

Videos related to this topic and other topics of Production and Operation Management can be found here.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these questions for practice.

Work Study

These are some practice questions on the topic 'Work Study' from subject Production and Operation Management. These questions are based specifically on Purchase Model and Manufacturing Model, also called Economic Order Quantity and Economic Batch Quantity.

Videos related to this topic and other topics of Production and Operation Management can be found here.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these questions for practice.

Concept of Profit

These are hand written notes by Mrs. Pooja Rakhecha of Youtube Channel Puja Jain Classes, on the topic 'Concept of Profit'. This topic forms a part of syllabus of various universities offering BA Economics, MA Economics, BCom, BBA, MBA, MCom etc.

Mrs. Rakhecha is a Gold Medalist and has exceled in all walks of life, and studies in field of Economics and Laws. She is Professor and Training & Placement Officer at Institute of Management Studies, B. J. S. Rampuria Jain College, Bikaner. She is founder of Puja Jain Classes and Mentor at Aditya Classes.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these hand written notes.

Perfect Competition

These are hand written notes by Mrs. Pooja Rakhecha of Youtube Channel Puja Jain Classes, on the topic 'Perfect Competetion'. This topic forms a part of syllabus of various universities offering BA Economics, MA Economics, BCom, BBA, MBA, MCom etc.

Mrs. Rakhecha is a Gold Medalist and has exceled in all walks of life, and studies in field of Economics and Laws. She is Professor and Training & Placement Officer at Institute of Management Studies, B. J. S. Rampuria Jain College, Bikaner. She is founder of Puja Jain Classes and Mentor at Aditya Classes.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these hand written notes.

Monopoly

These are hand written notes by Mrs. Pooja Rakhecha of Youtube Channel Puja Jain Classes, on the topic 'Monopoly'. This topic forms a part of syllabus of various universities offering BA Economics, MA Economics, BCom, BBA, MBA, MCom etc.

Mrs. Rakhecha is a Gold Medalist and has exceled in all walks of life, and studies in field of Economics and Laws. She is Professor and Training & Placement Officer at Institute of Management Studies, B. J. S. Rampuria Jain College, Bikaner. She is founder of Puja Jain Classes and Mentor at Aditya Classes.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these hand written notes.

Binomial(Bernoulli's) Distribution

This is the first video in series of videos on Probability Distributions. In this video we talk about Binomial Distribution(Bernoulli's) . We also take up a few practice questions given below.

Q1. Assuming that half the population of a locality is fond of viewing a popular T.V. serial and if 1024 investigators can take a sample of 10 individuals each to see whether they view the serial, how many investigators would you expect to report that three persons or less view this serial?

Q2. In a binomial distribution with 6 independent trials, the probabilities of 3 and 4 successes are found to be 0.2457 and 0.0819 respectively. Find the parameter ‘p’ of the Binomial distribution.

Q3. How many tosses of a coin are needed so that the probability of getting at least one head is 87.5%

Link to the practice questions on this topic: https://www.adityaclasses.co.in/2022/03/probability-distributions.html

Telegram Channel for Statistics: https://t.me/ACBStatistics

Inventory Management(reorder level, average, maximum, minimum level)

These are some practice questions on the topic 'Inventory Management' from subject Production and Operation Management. These questions are based specifically on Purchase Model and Manufacturing Model, also called Economic Order Quantity and Economic Batch Quantity.

Videos related to this topic can be found here.

Videos related to this topic and other topics of Production and Operation Management can be found here.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these questions for practice.

Inventory Management(Purchase and Manufacturing Model)(Economic Order Quantity and Economic Batch Quantity)

These are some practice questions on the topic 'Inventory Management' from subject Production and Operation Management. These questions are based specifically on Purchase Model and Manufacturing Model, also called Economic Order Quantity and Economic Batch Quantity.

Videos related to this topic can be found here.

Videos related to this topic and other topics of Production and Operation Management can be found here.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these questions for practice.

Probability Distributions

These are some practice questions on the topic 'Probability Distributions' from subject Statistics or Business Statistics.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these questions for practice.

Probability

These are some practice questions on the topic 'Probability' from subject Statistics or Business Statistics.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these questions for practice.

Cost Volume Profit - Break-even Analysis

These are some practice questions on the topic 'Cost Volume Profit - Break-even Analysis' from subject like Financial Management, Economics.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these questions for practice.

Definitions of Production Management

Production function is that part of an organization, which is concerned with the transformation of a range of inputs into the required outputs (products) having the requisite quality level.

Production is defined as “the step-by-step conversion of one form of material into another form through chemical or mechanical process to create or enhance the utility of the product to the user.” Thus production is a value addition process. At each stage of processing, there will be value addition.

Edwood Buffa defines production as ‘a process by which goods and services are created’.

Some examples of production are manufacturing custom-made products like, boilers with a specific capacity, constructing flats, some structural fabrication works for selected customers, etc., and manufacturing standardized products like, car, bus, motorcycle, radio, television, etc.

Introduction to Production Management

Production/operations management is the process, which combines and transforms various resources used in the production/operations subsystem of the organization into value added product/services in a controlled manner as per the policies of the organization. Therefore, it is that part of an organization, which is concerned with the transformation of a range of inputs into the required (products/services) having the requisite quality level.

The set of interrelated management activities, which are involved in manufacturing certain products, is called as production management. If the same concept is extended to services management, then the corresponding set of management activities is called as operations management.

Production and Operation Management

This is Syllabus of Production and Operation Management as prescribed by Maharaja Ganga Singh University, Bikaner.

Students of other Universities can tally the topics and read the notes accordingly or ask us to prepare a page like this for their University and subject. You can contact us here.

You can click on the topic to reach the notes of any of the topics below.

Unit- I

Introduction to Production Management: Introduction; History of Production and Operations Management; Definitions of Production Management; Production Process; Production: The Heart of an Organization; Objectives of Production Management; Scope of Production Management. location and layout. Forecasting: Qualitative and Quantitative Techniques of Forecasting.

Unit- II

Production Planning and Control: Nature of Production Planning and Control (PPC): Types of Plans, Elements of Production Planning, Strategy of Production Planning, Aggregate Planning; Main Functions of Production Planning and Control (PPC): Master Production Schedule (MPS); MRP-I and MRP-II. Line balancing.

Unit- III

Project Analysis: PERT/CPM: Programme Evaluation Research Task (PERT) and Critical Path Method (CPM): Principles of Network Construction, Time Aspect of Projects, Crashing of a Project.

Unit- IV

Classification, role of inventory in supply chain, inventory costs, Economic order quantity (EOQ), Economic batch quantity (EBQ) and Quantity discount model. Lead time, Reorder Point, concept of service level and safety stock, Selective inventory control systems. Importance of Maintenance, Breakdown, Preventive TPM (Total Productive Maintenance)

Unit-V

Work Study: Work Study as a Science, Work Study and Productivity, Outline Process Chart, Importance of Work Study; Method Study: Definition, Objectives and Procedure: Objectives of Method Study, Method Study Procedure, Therbligs; Work Measurement: Objectives of Work Measurement, Techniques of Work Measurement, Time Study, Work Sampling.

Tabulation

These are some practice questions from the topic 'Tabulation' that various Universities have in Statistics.

Videos related to above topic and more can be found here

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these questions for practice.

Types of Research

Descriptive research is description of the state of affairs as it exists at present. The main characteristic of this method is that the researcher has no control over the variables; he can only report what has happened or what is happening, for example, frequency of shopping, preferences of people. 

Analytical research, the researcher has to use facts or information already available, and analyze these to make a critical evaluation of the material. It explores the prevailing practices and philosophies. For example, effect of TQM on efficiency in organization.

Applied research aims at finding a solution for an immediate problem facing a society or an industrial/business organization. Research aimed at certain conclusions (say, a solution) facing a concrete social or business problem is an example of applied research. Research to identify social, economic or political trends that may affect a particular institution or the marketing research or evaluation research are examples of applied research. The central aim of applied research is to discover a solution for some pressing practical problem.

Fundamental research is mainly concerned with generalizations and with the formulation of a theory. Research concerning some natural phenomenon or relating to pure mathematics are examples of fundamental research. Similarly, research studies, concerning human behavior carried on with a view to make generalizations about human  behavior, are also examples of fundamental research. It is directed towards finding information that has a broad base of applications and thus, adds to the already existing organized body of scientific knowledge.

Quantitative research is based on the measurement of quantity or amount. It is applicable to phenomena that can be expressed in terms of quantity.

Qualitative research, is concerned with qualitative phenomenon, i.e., phenomena relating to or involving quality, behavior, philosophy etc. For instance, Motivation Research, Attitude Research. This type of research aims at discovering the underlying motives and desires, using in depth interviews for the purpose. To apply qualitative research in practice is relatively a difficult job and therefore, while doing such research, one should seek guidance from experimental psychologists.

Conceptual research is that related to some abstract idea(s) or theory. It is generally used by philosophers and thinkers to develop new concepts or to reinterpret existing ones. 

Empirical research relies on experience or observation alone, often without due regard for system and theory. It is data-based research, coming up with conclusions which are capable of being verified by observation or experiment. We can also call it as experimental type of research. In such a research, a working hypothesis or guess as to the probable results is formulated.

Types of Research

This is second lecture on Research Methodology where we discuss Types of Research. The lecture comes as a part of an initiative by Aditya Classes Bikaner to create video lectures on theory topics of the numerical subjects that are uploaded on our channel regularly.

Types of Research

• Descriptive research
• Analytical research
• Applied research
• Fundamental research
• Quantitative research
• Qualitative research
• Conceptual research
• Empirical research

Introduction to Research Methodology

This is opening lecture on Research Methodology where we discuss Introduction to Research. The lecture comes as a part of an initiative by Aditya Classes Bikaner to create video lectures on theory topics of the numerical subjects that are uploaded on our channel regularly.

Theories of Interest

These are hand written notes by Mrs. Pooja Rakhecha of Youtube Channel Puja Jain Classes, on the topic 'Theories of Interest'. This topic forms a part of syllabus of various universities offering BA Economics, MA Economics, BCom, BBA, MBA, MCom etc.

Mrs. Rakhecha is a Gold Medalist and has exceled in all walks of life, and studies in field of Economics and Laws. She is Professor and Training & Placement Officer at Institute of Management Studies, B. J. S. Rampuria Jain College, Bikaner. She is founder of Puja Jain Classes and Mentor at Aditya Classes.

Students studying BBA, BCom and MCom from Universities like Maharaja Ganga Singh University, Bikaner(MGSU), Mohan Lal Sukhadia University, Udaipur(MLSU), Maharshi Dayanand Sarasvati University, Ajmer(MDSU), Rajasthan University, Jaipur(Rajasthan University or RU), Jai Narayan Vyas University, Jodhpur(JNVU), Banaras Hindu University, Varanasi(BHU), Aligarh Muslim University, Aligarh(AMU), Chhatrapati Shahu Ji Maharaj University, Kanpur(CSJMU), Bundelkhand University, Jhansi(BU), University of Allahabad, Allahabad(Allahabad University), University of Lucknow, Lucknow(Lucknow University), Babasaheb Bhimrao Ambedkar University, Lucknow(BBAU), Deen Dayal Upadhyaya Gorakhpur University, Gorakhpur(DDU), Dr BR Ambedkar University, Agra(DBRAU), Chaudhary Charan Singh University, Meerut(CCSU), Mahatma Jyotiba Phule Rohilkhand University, Bareilly(MJPRU) can use these hand written notes.