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MGT503 - Principles of Management Assignment No. 2 Solution Fall Semester 2013
PRINCIPLES OF MANAGEMENT (MGT503)
FALL 2012
ASSIGNMENT NO. 2
DUE DATE: 28 JANAUARY, 2013
MARKS: 30
Case 1:
Mustafa manages a manufacturing plant that produces two kinds of cricket bats: soft ball bats and hard ball
bats. Business is good and no matter how many he produces, he can sell all of them. Both of the products are
produced on the same machines but cost and price of both products are different. Now, he has to decide
how many of each product should he produce to maximize the profits.
Question:
Which technique of decision making can help him in deciding the quantity of each product to be produced?
Support your answer with appropriate rationale.
Case 2:
Ali is a Project Manager of a construction firm. He has been assigned a project to build 3 conference halls for
a client. Capacity of each hall should be at least 50 people and all of the halls should be completed within 40
weeks without incurring excessive costs.
He is planning to meet the challenge of completing the project on time. He has identified various activities
involved in the project and their sequence along with expected time required to complete each activity –
given in the following table:
QUESTION:
Analyze the given information and decide which planning tool can help him to achieve the objective? Give
appropriate reasoning to support your answer.
IMPORTANT:
24 hours extra / grace period after the due date is usually available to overcome uploading difficulties. This
extra time should only be used to meet the emergencies and above mentioned due dates should always be
treated as final to avoid any inconvenience.
IMPORTANT INSTRUCTIONS/ SOLUTION GUIDELINES/ SPECIAL INSTRUCTIONS
SOLUTION GUIDELINES:
• Be specific and to the point and don’t write irrelevant details.
• Only mention the planning techniques and tools with relevant supporting details.
DEADLINE:
• Make sure to upload the solution file before the due date on VULMS.
• Any submission made via email after the due date will not be accepted.
FORMATTING GUIDELINES:
• Use the font style “Times New Roman” or “Arial” and font size “12”.
d d d d f
REFERENCING GuIDELINES:
• Use APA style for referencing and citation. For guidance search “APA reference style” in Google and
read various website containing information for better understanding or visit
APA REFERENCE STYLE: Table of Contents
RULES FOR MARKING
Please note that your assignment will not be graded or graded as Zero (0), if:
• It is submitted after the due date.
• The file you uploaded does not open or is corrupt.
• It is in any format other than MS‐Word or Open Office; e.g. Excel, PowerPoint, PDF etc.
• It is cheated or copied from other students, internet, books, journals etc.[/B]
MGT503 - Principles of Management Assignment No. 2 Solution Fall Semester 2013
PRINCIPLES OF MANAGEMENT (MGT503)
FALL 2012
ASSIGNMENT NO. 2
DUE DATE: 28 JANAUARY, 2013
MARKS: 30
Case 1:
Mustafa manages a manufacturing plant that produces two kinds of cricket bats: soft ball bats and hard ball
bats. Business is good and no matter how many he produces, he can sell all of them. Both of the products are
produced on the same machines but cost and price of both products are different. Now, he has to decide
how many of each product should he produce to maximize the profits.
Question:
Which technique of decision making can help him in deciding the quantity of each product to be produced?
Support your answer with appropriate rationale.
Case 2:
Ali is a Project Manager of a construction firm. He has been assigned a project to build 3 conference halls for
a client. Capacity of each hall should be at least 50 people and all of the halls should be completed within 40
weeks without incurring excessive costs.
He is planning to meet the challenge of completing the project on time. He has identified various activities
involved in the project and their sequence along with expected time required to complete each activity –
given in the following table:
QUESTION:
Analyze the given information and decide which planning tool can help him to achieve the objective? Give
appropriate reasoning to support your answer.
IMPORTANT:
24 hours extra / grace period after the due date is usually available to overcome uploading difficulties. This
extra time should only be used to meet the emergencies and above mentioned due dates should always be
treated as final to avoid any inconvenience.
IMPORTANT INSTRUCTIONS/ SOLUTION GUIDELINES/ SPECIAL INSTRUCTIONS
SOLUTION GUIDELINES:
• Be specific and to the point and don’t write irrelevant details.
• Only mention the planning techniques and tools with relevant supporting details.
DEADLINE:
• Make sure to upload the solution file before the due date on VULMS.
• Any submission made via email after the due date will not be accepted.
FORMATTING GUIDELINES:
• Use the font style “Times New Roman” or “Arial” and font size “12”.
d d d d f
REFERENCING GuIDELINES:
• Use APA style for referencing and citation. For guidance search “APA reference style” in Google and
read various website containing information for better understanding or visit
APA REFERENCE STYLE: Table of Contents
RULES FOR MARKING
Please note that your assignment will not be graded or graded as Zero (0), if:
• It is submitted after the due date.
• The file you uploaded does not open or is corrupt.
• It is in any format other than MS‐Word or Open Office; e.g. Excel, PowerPoint, PDF etc.
• It is cheated or copied from other students, internet, books, journals etc.[/B]
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