UofK MBA 2012 - Home

  

 

Tutorial one (23.6.2013)

Suppose where the following profit function for a certain firm. Find the level of output (Q) which maximizes the profit of the firm:

П= -3.000 - 2.400Q + 350 Q2 - 8⅓Q3

 

 

Tutorial two (30.6.2013)

 Given the following profit function

П= -10.000 + 400Q = 2Q2

Where:

П = is total profit, Q = is the level of output.

Find the:

$1(i)                Determine the output level which maximizes profit.

$1(ii)             Consider the situation requires 40 hours of skilled labor and total of 300 hours of skilled labor is variables determine the output level which maximizes the profit.

$1(iii)            Find determine 100 hours of skilled labor or total of 400 hours are   available what sort of comment in such a case .. how this will effect your solution.

 

 

Tutorial three (7.7.2013)

Given the following information about the quantity demanded about the quantity demented of accretion product (x) and its price (PX) Exit lte the demand function:

Q dx

Px

2

7

3

6

4

5

7

2

Q ^ = Q1+b^px

b^<0 product ,Q dx = when PX = 3

 

 

 

 

  • Assume that you want to decide on attending an MBA program in one of the Sudanese universities. Use the rational decision making model to select the appropriate program than you will join. To what extent do you think that the decision  differs from that you made to attend the MBA program at the University of Khartoum?
  • Answer this question in not more than four pages (font 12)
  • The submission date is in Week 8 (in the class).
  • Late submission will not be accepted.
  • Students are expected to demonstrate their individual abilities to answer the question. Identical or even similar answers will score zero.

The seven criteria for describing a nation’s economy introduced at the beginning of this chapter can be combined in a number of different ways. For example, the United States can be characterized as follows:

  • Type of economy: Advanced industrial state
  • Type of government: Democracy with a multi-party system
  • Trade and capital flows: Incomplete free trade and part of trading bloc
  • The commanding heights: Mix of state and private ownership
  • Services provided by the state and funded through taxes: Pensions and education but not health care
  • Institutions: Transparency, standards, corruption is absent, a free press and strong courts
  • Markets: Free market system characterized by high risk/high reward entrepreneurial dynamism


Use the seven criteria found on pp. 42-43 to develop a profile of your country.

What implications does this profile have for marketing opportunities in the country?

Write your solution for the case on hard copy and submit it before the mid term exam, no late submission will be acceptable. hand writting is acceptable

Production and Operations Management: Course outline

Text:

1) Jay Heizer and Bary Bender, Production and operations Management,11Th. Ed., Printice hall, Pearson International Student ed.

2) Theory and Problems in Production and Operations Management, Chary Tata Publishing Company

3) Instructor: Dr. Ismail Elkhalifa Suleiman, PhD

 

Chapter 1: Operations and   Productivity

Chapter 2: Operations Strategy in

Read Chapter 1

Read Chapter 2

Chapter 3: Project Management

Read Chapter 3

Chapter 4: Forecasting

Exam 1

Read Chapter 4

Review Chapters 1-4

Chapter 5: Design of Goods and   Services

Chapter 6: Managing Quality

Read Chapter 5

Read Chapter 6

Supplement 6: Statistical Process Control

Read Supplement 6

Chapter 7: Process Strategy

Supplement 7: Capacity Planning

Read Chapter 7

Read Supplement 7

Chapter 8: Location Strategies

Chapter 9: Layout Strategy

Read Chapter 8

Read Chapter 9

Chapter 10: Human Resources and Job Design

Supplement 10: Work Measurement

Read Chapter 10

Read Supplement 10

Chapter 11: Supply-Chain   Management

Supplement 11: Outsourcing as a   Supply Chain Strategy

Read Chapter 11

Read Supplement 11

Chapter 12: Inventory Management

Read Chapter 12

Chapter 13: Aggregate Planning

Exam III

Read Chapter 13

Review Chapters 10-13, S10, S11

Chapter 14: Material Requirements   Planning (MRP) and ERP

Read Chapter 14

Chapter 15: Short-Term Scheduling

Chapter 16: JIT and Lean   Production Systems

Read Chapter 15

Read Chapter 16

Chapter 17: Maintenance and   Reliability

Read Chapter 17

Exam IV

Review Chapters 14-17

Attached at the end are 12 questions and their model answers for Strategic Management, the questions are:

Question 1

  • What do we mean by the nature of environment and how can we improve our understanding of it?

Question 2

  • A- What are the main characteristics of strategic decisions?
  • B- What measures can we use for assessing resource utilization? (how resources influence our strategy)

Question 3

  • Porter’s Model helps with the structural analysis of the environment. How does this model work?

Question 4

  • The resource factor cuts across all phases of strategic management, discuss?

Question 5

  • What are the main factors which shape and change values?

Question 6

  • A- Discuss the sources of power within the organization? B- Explain the method used for the selection of strategic options?

Question 7

  • Explain the strategic option that takes the organization away from its existing products and markets showing its main advantages and disadvantages and the appropriate methods for its implementation?

Question 8

  • Take any two operational areas and discuss the main elements of their strategies?

Question 9

  • Review the three areas relating to resources as part of planning the allocation of resources?

Question 10

  • A. Discuss the criteria used for evaluating strategic options?
  • B. Discuss the personal and political implications of strategic change?

Question 11

  • A- Discuss the concepts of centralization and decentralization and how their relationship to strategic implementation?
  • B- Discuss the personal and political implications of the reward system?

Question 12

  • Take any four influences on organizational design and show how they relate to your workplace?

Natural Resource Management

Objectives:

The primary objectives of this course is to introduce students to the theory of Natural Resource Management


Course content:

  1. Integral calculus with some aoolications
  2. Introduction to differential equations
    • The homogenous case
    • The nonhomogenous case
    • Variable coefficient and variable term problems
    • Dynamic stability analysis
    • Application to nonlinear fishery model
  3. Caclulus of variation
    • The Euler equation
    • Generalization of Euler equation
    • The transversility condition
  4. Optimal control theory
    • The maximum principal
    • The current value Hamiltonian
  5. Renewable resources
    • Growth function
    • Production and yield function
    • Objectives of management
      • Constant prices
      • Downward sloping demand
    • Spawner recruit models
    • Optimal investment strategy
    • Common property resources
    • The theory of resource regulations
    • Optimal forest rotation
  6. Non renewable resources
    • Pure depletion and discovery
    • Pure depletion
    • Competitive and monopolistic mining industries
    • Extraction costs: The case of a single mine
    • Scarcity from an economic perspective
    • Exploration

References

  • Jon Conrad and Colin Clark: Natural Resource Economics. Cambridge
  • Colin Clark: Mathematical Bioeconomics: The Optimal Management of Renewable Resources

Below is the summary analysis of semester 3 examination results for batch 2012 (The results were announced on the faculty board on 26/06/2013)
 
The overall student average grades:

The average grades by gender, the ladies are doing better than the gents in general

The course grades:

Advanced Mangement Accounting has the best results results with 79 A's and only 5 F's

MIS and Capital Markets have a positive skew towards higher grades

Corporate Finance and Marketing Strategies are more normalized

Advanced Microeconomics scored the worst results with only 5 A's and 38 F's (32% of the students)

 

The lecturer presented and discussed the following points:

  • An introduction to Project management
  • Factors for Project Success or Failure

The students were grouped into:

Group

From

To

1-1

112001

112019

1-2

112020

112037

1-3

112040

112051

2-1

112056

112078

2-2

112079

112105

2-3

112107

112132

3-1

112134

112173

3-2

112175

112210

3-3

112210

 

Groups 1-1, 1-2 and 1-3 will present real cases

Groups 2-1, 2-2 and 2-3 will present current situation of project management in Sudan

Groups 3-1, 3-2 and 3-3 will present reasons behind Sudan projects failure

 

There are 3 workshop sessions throughout the course, the groups should present on their group order as:

Week

Groups

5

1-1, 1-2 and 1-3

9

2-1, 2-2 and 2-3

13

3-1, 3-2 and 3-3

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