Production and Operations Management – Spring 2026 – Midterm

Daffodil International University BBA Program Mid-Term Examination Semester: Spring 2026 Course Title: Production and Operations Management Time: 90 minutes Teacher Initial: MP, DSA Answer All Questions: Course Code: 0413-313 Full marks: 25 Section: A, BJ C, D, E [The figures in the right margin indicate the full marks and corresponding course outcomes. All portions of each question must be answered accordingly.] 1. Demonstrate briefly with example the ttBarriers of Entry" for a new firm to enter into the market. 2. Expkin the term "Strategy". Extend the steps to Formulate Strategy for a new firm. 5 5 5 co- Level-2 co-l co.2 Level-4 3. 4. Interpret the-term iProcessB Explain the factors of process strategy, A TV dealer finds that the cost of a TV in stock for a week is Tk. 30. and cost of a unit shortage is Tk. 70. For one particular model of the probability distribution Df weekly sales is as follows. Weekly Sales: 0 1 2 3 4 6 5 Probabilities: 0.10 0.10 0.20 0 25 0.15 0.15 005 Dr. Thomas has been thinking abolit starting his own independent nursing home, The problem is to decide how large the nursing home should be. The annual returns will dep%nd on both the size of nursing home and a number of marketing factors. After a careful analysis. Dr. Thomas developed the following table: 5 co-2 Level-4 Size of the Nursing Home Small (S) Medium (M) Large (L) Ve Large VL Good Market 50,000 70,000 90,000 200,000 Fair Market 20,000 35,000 35,000 poor Market Rs) -l O,OOO -25,000 -451000 -120,000 25,000 Discover the decisions under the environment of Uncertainty. ( For Hurwicz criterion, a: 0.7)