Rar05321801-management-science-set1

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Code No: RAR05321801

III B.Tech II Semester Supplimentary Examinations, Aug/Sep 2008 MANAGEMENT SCIENCE (Metallurgy & Material Technology) Time: 3 hours Max Marks: 80 Answer any FIVE Questions All Questions carry equal marks ????? 1. (a) Define and explain the concept ‘Management’. (b) How is the management process visualized?

[6+10]

2. Explain the principles to be observed while designing an organization structure. [16] 3. (a) What are the features of process layout? (b) What are its advantages and disadvantages? (c) To what type of activities they are best suited?

[6+6+4]

4. (a) What are the factors that determine the choice of channels of distribution? (b) Why do manufacturers favour intermediaries.

[8+8]

5. What are the key functions of a Human Resource Manager?

[16]

6. Explain in detail the different methods of job evaluation?

[16]

7. (a) What is the need for corporate planning? (b) Explain the main elements in corporate planning process.

[8+8]

8. A small project consists of the following activities with the given time estimates. Estimated duration in month Project event- Optimistic Most likely Pessimistic successor event time (to ) time (tm ) time (tp ) 1-2 2 2 14 1-3 2 8 14 1-4 4 4 16 2-5 2 2 2 3-5 4 10 28 4-6 4 10 16 5-6 6 12 30 (a) Draw the network, (b) calculate the average expected time for each activity, (c) calculate the earliest expected time and latest allowable time for each event, and

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Code No: RAR05321801

(d) determine the critical path considering project completion time of 36 months. [4×4] ?????

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