NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Operations Management

Internal Assignment Applicable for December 2020 Examination

1. What are various decision criteria for deciding a location for a business setup? Explain
these decision criteria with reference to a location decision for setting up a textile
manufacturing plant.

2. Define and explain the term ‘Operations Management’. Explain the role of an
Operations Manager in handling Customers and Suppliers in a Supply Chain. Give
relevant examples from a Retail Store Operation.

3. Many business organizations have operations in which inventory management is a
daily and constant process. Managing a Restaurant is one such business, wherein the
procurement and managing various inventory is a very strategic process. Explain the
following concepts (with atleast one example) in Operations of a Restaurant business,
and conclude how relevant is it in the business?
a. Economic Ordered Quantity (EOQ) (5 Marks)

b. Vendor Managed Inventory (VMI)