procurement management

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Decision Science
Internal Assignment Applicable for December 2021 Examination

1. Calculate the probabilities for the following statements as per the given scenario
   and draw the probability tree diagram also (Note: This diagram can be prepared
   in MS-Paint or manually).
   A study undertaken by the Rajan Supervisor of Elections in 2002 revealed that 44% of
   registered voters are ‘Dharwadi Yuth’, 37% are Rajmoti, and 19% are others. If two
   registered voters are selected at random, what is the probability that both of them have
   the same party affiliation?
   (10 Marks)

2. Calculate the correlation between pairs (recommended below) of the following
   variables and write interpretation for each correlation coefficient. (Note: For the
   following pairs, correlation can be calculated using EXCEL.) (10 Marks)
   Recommended Pairs:Correlation between ‘number of female migrants for work/ employment’ v/s ‘Number
   of male migrants for work/ employment Correlation between ‘number of female migrants _ Education’ v/s ‘Number of male
   migrants _Education’Correlation between ‘number of female migrants _ Business’ v/s ‘Number of male
   migrants _ Business’Correlation between ‘number of female migrants _ Marriage’ v/s ‘Number of male
   migrants _marriage’
   Table: State to state migration with reasons of migration as per census 2011.

3.a. From the following uniformly distributed data scene calculate the probability w.r.t
statement.
The weekly output of a steel mill is a uniformly distributed random variable that lies
between 110 and 175 metric tons.

1. Compute the probability that the steel mill will produce more than 150 metric tons next
   week.
2. Determine the probability that the steel mill will produce between 120 and 160 metric
   tons
   (5 Marks)
   

3.b. Draw the histogram separately (for Person, male and female) and write the
interpretation.
The following table shows the age group-wise total number of Migrants as per census 2011.

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Business Communication
Internal Assignment Applicable for December 2021 Examination

1. The pandemic has forced us to switch our homes to office spaces. Besides the advantage
   of comfortably working from home, this setup has posed a serious inconvenience of
   blurring the boundaries between working hours and personal time. Mails, phones and
   meetings at odd hours have devoured the personal boundaries. Like so many other people, Amaan is also a victim to this situation. As a single parent and a son to an ailing mother,
   he often is at the edge of breaking point due to this setup. Being the team leader, his major
   task is to communicate with the team members and coordinate between his team and the
   higher management. Most of his time is spent conducting meetings, explaining tasks to
   his team members, coordinating with the management and sometimes even
   communicating with the overseas clients which usually occurs at odd hours usually after
   midnight. This has been a continued practice for more than a year and a half. Amaan has
   decided to write a letter to the senior management to persuade them to make strict
   guidelines for employees, regarding the office communication, which should occur
   between 9am and 7 pm unless there is an emergency/ international caller to attend to.
   As Amaan, write a persuasive letter to the management
   (10 Marks)
2. Write a brief introduction about the communication etiquette to be observed in business
   writing and rewrite the given sentences following the communication etiquette
   a. You are not allowed to attend the conference as you did not register before the due date.
   b. All the employees can bring their wives for the Golden Jubilee Celebration of the
   organization.
   c. Two people attending the conference from our company will be the Asian Manager and
   the old accountant.
   d. An efficient salesman can easily convince his clients.
   e. Despite his walking disability, John is the most eligible candidate for the post.
   f. Do not expect a refund for returning the damaged goods.
   g. There are several errors in the mails drafted by you
   h. We need to recruit more manpower in order to complete the project within the given
   deadline.
   (10 Marks)
3. Mountains and Dunes a travel company created an attractive and illustrative brochure for
   its prospective customers. However, an insensitive content writer created the following
   content which was sure to crash the business.
   Come and explore the undiscovered India with us. We provide an excellent service to all
   those travelling with us. Our special customers staying in seven-star accommodations
   are treated as kings. If you are one such privileged customer, our staff will be available
   to you 24x 7. Men would fall in love with the adventurous treks and camps we provide.
   Mountains and Dunes cares about women and children too. It brings to you the freedom
   of cooking your meals anytime of the day in the state of art kitchens attached with every
   accommodation that we provide. So come enjoy and feel at home with Mountains and
   Dunes. Remember we choose the best locations for you. You will surely enjoy our
   services. Though our rates are a relatively high but it is justified with the class of tourists
   we cater to. Bag packers are not out clients. Remember- we are a class apart and so are
   our clients.
   a. What are the supposedly inappropriate elements in the paragraph written by the content
   developer? (5 Marks)
   b. How would you rewrite the paragraph if you were given the task of editing the paragraph?
   [Hint: arrangement of lines, use of proper language
   (5 Marks)

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: World Class Operations
Internal Assignment Applicable for December 2021 Examination

1. The concept of TPM is fundamental in achieving world class standards in operations. In
   this reference how TPM measures are implemented in a manufacturing company?
   (10 Marks)

2. What do you understand by quality standards? Give reference to Six Sigma Quality
   standards in your answer. (10 Marks)

3.a. The objective of the current day firms is to deliver world class products. Explain the
statement with special reference to achieving environmental standards in operations.
(5 Marks)
3.b. Pick up a firm of your choice from the Indian fast moving consumer durable industry
and briefly explain how the firm has successfully implemented the principles of World
Class Manufacturing. (5 Marks)

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NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: New Product Development and Managing Innovation
Internal Assignment Applicable for December 2021 Examination

1. You are appointed as the Product Manager for ITC Limited in the FMCG Division.
   Considering the increased consumption of Dairy products and many new entrants in this
   category into the market, you are tasked to work on introducing at least 2-3 “Dairy
   Products” under the “Aashirwad Brand” name in the coming year. Explain in detail the steps for developing the new products and introducing the same in the existing market.
   (10 Marks)
2. The Coronavirus Pandemic has sensitized a vast majority of consumers towards
   hygiene and building immunity. It had an impact on the way consumers shopped with
   online shopping gaining prominence. Digital technology was put to best use by
   companies coming up with innovative methods to reach out to consumers. Please
   identify any such innovative product or process that was introduced during the
   pandemic. Explain how this innovation helped the company gain competitive
   advantage. Also explain the different types of innovations and on basis of technology
   and market how you would map this innovation. (10 Marks)
3. The Adolph Coor’s Company of Colorado was holding largest market share in 1980’s.
   They were immune to any new entry in the market as their position was safeguarded by
   the strong customer pull and loyalty, and strongly believed their customer segment is
   attached to their quality and taste. However, a new brand in the lighter Beer category
   made inroad with Miller Lite brand and other brands started challenging the Coors
   supremacy in California market with their lighter Beer brands. Eventually The Coors
   had to give in to threat of competitors presence and abandon their one product tradition
   by introducing a Low- calorie light Beer.
   a. What kind of strategy was the company pursuing? (5 Marks)
   b. What all was required by company to get into new product development in this case?
   (5 Marks) **********

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NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Lean Six Sigma
Internal Assignment Applicable for December 2021 Examination

1. ‘Six Sigma level is the benchmark for performance standard’. Explain the relevance of
   Lean concept in reducing elimination wastes to achieve process efficiency. Leverage your
   answer by giving suitable examples from the industry (10 Marks)
2. What is the significance of Control Charts in achieving Sigma levels? Discuss how
   process control charts are used for monitoring and improving the quality levels in the
   organization. Explain with reference to a manufacturing organisation. (10 Marks)
3. Assuming yourself as a strategic employee of an Educational Institute who has learned the
   relevant concepts of Operations Management & Quality Management, consider the
   following scenario. The management wants to consider implementing the best practices in
   the industry to match up to the premier educational institutes in the country. You are
   required to consider and suggest the following for the implementation:

a. Suggest the composition of the team for implementing the management instructions.
(Mention the nomenclature of hierarchy as in the Six Sigma process and assume your role
in the implementation process) (5 Marks)

b. Suggest the initiatives that can be employed for improving the practices in the organization
for achieving process excellence. (5 Marks)

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NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Corporate Finance
Internal Assignment Applicable for December 2021 Examination

1. Design a Sales Process when your organization is intending to enter Kenyan Market
   (10 Marks)
2. How would you set up a sales organization (team) for a FMCG company setting up their
   operations and having headquartered in Mumbai? (10 Marks)
   
3. Read the case ‘Levis India offers – Jeans on EMI’ and respond to these questions. While
   answering questions you are free to make reasonable assumptions. Please state them
   clearly
   In June 2009, apparel manufacturer, Levis’ Strauss India Pvt Ltd offered to sell its wellknown Levi’s jeans and other Levi’s products on equated monthly installments (EMI)
   payable through credit cards. Analysts viewed this as a bid by the company to increase
   sales against the backdrop of the economic downturn. The company planned to arrest its
   decline in sales through this innovative offer. Analysts felt that the offer was the first such
   in the branded apparel industry. On the launch of the scheme, Shumone Chatterjee. MD,
   Levi’s said – “it is for the first time that a brand is offering this kind of deal in India. EMI
   has proven good for several industries such as housing and white goods; therefore, I feel
   it will make a significant difference to the branded apparel industry as well”.
   The offer, launched as a pilot program, in Bangalore, was valid only for consumers who
   purchased products worth Rs 1500 and above. The consumers had to settle the bill in
   three instalments. The EMI’s were zero percent interest. Levi’s had entered a tie-up with
   ICICI Bank to offer this scheme. In return, the bank received service charges from Levi’s
   for each transaction.
   Levi’s is the Indian subsidiary of US based Levi Strauss and Co. It sells denims jeans
   under the brand Levi’s, a popular and aspirations brand of jeans in India. As of September
   2009, Levi’s operated through 230 stores and 500 points of sales in nearly 200 cities.
   By launching the offer, the company planned to make the jeans affordable to consumers
   who aspired to own the brand. Chatterjee added, “Many aspire to own a Levi’s but the
   price can be a barrier. The EMI scheme makes it easier for the people to build the
   wardrobe with a premium brand like ours. The company felt that it could make customers
   spend more by easily making payments through installments. “the idea is to not only
   
   achieve high conversion rate (walk-in’s conversion into spending) but also enable our
   consumers to spend more and purchase higher-end denim through an easy mode of
   payment. If the EMI scheme works well in Bangalore, then we can unveil this nationally
   in a couple of months”.
   The company received a good response from customers. “ever since we introduced the
   ‘buy now, pay later’ scheme with interest of hidden charges in June, our sales have surged
   by 10-15 percent” said Mr. M Aaron, franchise manager, Levi’s. From June 2009 to
   August 2009, almost half the buyers who had an ICICI card used the EMI facility. “The
   average value of their purchase was 50% higher than those who didn’t use the EMI
   facility” added Chatterjee.
   Encouraged by the response received by the scheme, the company announced its plan to
   roll out the offer in eight cities other than Bangalore by mid-September 2009. These cities
   were Pune, Delhi, Ahmedabad, Chennai, Hyderabad, Kolkata, Mumbai and Chandigarh.
   The success of the program, prompted Levi’s to enter into tie-ups with other private banks
   such as HDFC Bank and Axis Bank. He criteria for usage of Axis Bank credit cards was
   that the bill amount had to be Rs 5000 and above.
   Some analysts felt that it was logical for the Levi’s to offer the scheme through credit
   cards since there was tremendous potential to be tapped in the Indian market, but they
   noted that the number of credit card holders in India was less than that of developed
   countries. According to a report by BankRate.com, only 28% of affluent Indians have
   credit cards, a fraction of the average around the world. As of 2006, credit cards
   accounted for just 1% of all purchased in India – one of the lowest percentages in the
   world
   
   The offer launched by Levi’s received a mixed response from Industry observers,
   customers and analysts. Customers appreciated the scheme offered by Levi’s. According
   to Roger, a customer, “it helps the consumers and the companies too. Recession has
   affected both the companies and the consumers, so it’s a win-win situation for both of
   them,”. However, the company maintained that the promotional technique was not a
   strategy to counter the effects of the economic downturn. The company said that it was
   aimed to tap the tremendous market potential offered by the organized retail market in
   India. As of August 2009, the Indian organized retail market was just 4-5 percent, out of
   which 20% accounted for apparel and lifestyle, thus offering scope for growth, according
   to Levi’s.
   According to Sanjay Lalbhai, CMD of Arvind Mills Ltd, “we have never offered such
   schemes and I don’t think it has been tried anywhere in the world, unless you have a very
   loyal customer base and are sure of their credit worthiness. It will be interesting to observe
   how they are doing it”. On the other hand, some experts felt that though this scheme
   might attract the masses to Levi’s initially, in the long run, it might lose some premium
   customers since the branded products would be affordable to most other sections of
   society.
   a. Critically analyze Levi’s offer to sell its Levi’s brand of jeans and other products on EMI
   (5 Marks)
   b. What was the overall objective of this plan? Do you think the company will succeed?
   (5 Marks)

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