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MGT613 Production/Operation Management, Assignment # 1 Opening Date November 27, 2014 and due date will be December 03, 2014.

Important announcement

Assignment # 01

production/operations management (mgt613)

 

Dear Students!

This is to inform that Assignment No.1 will be opened on November 27, 2014 and due date of assignment submission will be December 03, 2014.

 

A 24 hours extra/grace period after the due date is usually available to overcome uploading difficulties which may be faced by the students on last date.  This extra time should only be used to meet the emergencies; and above mentioned due date should always be treated as final to avoid any inconvenience.

 

ASSIGNMENT # 01
PRODUCTION/OPERATIONS MANAGEMENT
(MGT613)
Marks: 10
Pakistan for the last many years is exporting textile goods and garments in many countries
of the world. The textile products made in Faisalabad are exported to Europe and many
other countries. Last year Pakistan was given GSP Plus status and it is predictable that the
demand for Pakistani textile products will boost up. At the other hand the condition at
home is different. The country has severe scarcity of gas and electricity, and everyday we
find workers and mill owners protesting on roads.
Jahagir textile mill (JTM) which was established last year is a strait of the art processing unit.
It has tremendous potential to gain major share in export quota but it has to compete with
many big exporters in the country.
Owing to your subject knowledge of Production/Operations Management answer the
following questions.
1. What advantage JTM has to establish its name as an international brand?
2. How JTM should compete with big exporters in country to get major share in GSP Plus
export quota?
3. What strategy JTM should adopt to meet the gas/electricity shortage to produce cost
effective products?
4. As a Production/Operations Manager how can you make forecasting more accurate?
Note: every question carries equal marks. The answer should be precise and comprehensive. Every
answer should not have more than three bullet points explained in one or two lines.

Important:
To open the assignment file, you must have Adobe Acrobat Reader/ PDF Reader
installed on your computer.
For acquiring the relevant knowledge, do not rely only on handouts but watch the
course video lectures and read additional material available online or in any other
mode.
Note related to load shedding: Please be proactive
Dear students!
As you know that Post Mid-Term semester activities have started and
load shedding problem is also prevailing in our country. Keeping in
view the fact, you all are advised to post your activities as early as
possible without waiting for the due date. For your convenience;
activity schedule has already been uploaded on VULMS for the
current semester, therefore no excuse will be entertained after due
date of assignments, quizzes and GDBs.

Assignment File :

Fall 2014_MGT613_1.pdf

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Replies to This Discussion

Arslan ap bata sakty ho ass kon se lect se ae hy. plz

plz anyone tell me  the  solution of q1 and q2

It should diversify energy sources and make a
comprehensive policy to move to solar
energy and biogass.

The current infrastructure of
energy department must be
up-graded.

The human resources must be trained to avoid any
wastage of diesel or other input materials.

its my idea about subject question.

plz 2nd q explain karein 

i thnk 2 may yay batana hai k wo konsi hurdles hain jin ko resolve kia jaye so we get major share in GSP Plus export quota?

2. How will Pakistan benefit from attaining GSP Plus status?
Pakistan has traditionally been benefiting from the standard GSP regime of the EU and our
exports to the EU have been subjected to 20% less duty than the normal MFN duties charged by
the European Union. This preferential tariff has helped Pakistani products not only to enter the
EU market but also to sustain their share in it. Nevertheless, this also meant that Pakistani
products, especially; Textiles and Garments, were facing stiff competition not only from
efficient suppliers like; China, India, Indonesia, Thailand and Vietnam but were also at a
disadvantage vis a vis exports from LDCs like Bangladesh, which were already accorded duty
free access to the EU through the Everything But Arms regime of the EU GSP.
Pakistan’s qualification as a GSP Plus beneficiary country would put us in a tremendously
advantageous position, as;
a) China, Colombia India, Indonesia, Thailand and Vietnam are not eligible for GSP Plus.
b) China has also graduated out of the Textile and Garments sections of the standard GSP
while India has graduated out of the Textile section of the standard GSP, meaning
whereby that imports from China and India will not be benefiting from preferential
duties either.2
c) Pakistan will only be the 

second textile and garment exporting country in the South and
South East Asian region which will have duty free access into the EU. Bangladesh being
the other such country.
Taking the overall economic perspective of Pakistan in view, this opportunity not only promises
manifold increase in our exports but would also act as an instigator for; investment, both
domestic and FDI, employment generation, inculcation of best practices resulting in enhanced
institutional capacity and sustained economic growth.
3. Are there any products of Pakistan’s interest which would not benefit from GSP Plus?
Some of the products of Pakistan’s interest were already duty free either under MFN or
standard GSP i.e. surgical instruments, basmati rice, guar gum, spices, onyx, fans etc, while 75
tariff lines also benefited from the Special Autonomous Trade Preference Scheme for Pakistan.
But now under the GSP Plus regime all of the products of Pakistan’s export interest would be
entitled to duty free treatment which includes all Textiles, Textiles made ups, bed linen,
garments, leather products, footwear, plastics, ethanol, agriculture products and processed
food etc.

thanks kiran 

ye Q.3 ka idea btaya he.. 1, 2 or 4 k liy just wait..

ok

Q.1What advantage JTM has to establish its name as an international brand?

the main points are as under:

  • The images you convey
  • The messages you deliver on your website, proposals and campaigns
  • The way your employees interact with customers
  • A customer’s opinion of you versus your competition

hmmm 1st q done already... 2nd ne rolaya hoa hy 

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