NOLEGEIN Journal of Operations Research & Management 2018 Issue 2 by Mba Journals

NOLEGEIN Journal of Operations Research & Management

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NOLEGEIN Journal of Operations Research & Management Nolegein - Journal of Operations Research & Management is focused towards the rapid publication in the following areas of

Focus and Scope of the Journal ! Decision theory and analysis ! Operations research techniques in finance and marketing ! Manufacturing and operations theory and practice ! Operations models in services ! Applications of operations research techniques ! Operations research in public sector organizations

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EDITORIAL BOARD MEMBERS Dr. Ansuman Jena Assistant Professor Department of Management, Centurion Institute of Technology, Bhubaneswar, Odisha, India

Dr. Nailesh R Limbasiya Assistant Professor Department of MBA, RK University, Rajkot, Gujarat, India

Saravanakrishnan V Assistant Professor Department of Management, International Institute of Business Studies, Bengaluru, Karnataka, India

Dr. K. V. Rama Murthy Head Associate Professor Department of MBA, Mother Teresa Institute of Science and Technology, Sathupally, Telangana, India

Dr. Richa Bhargava Associate Professor Department of IT and Operations in Management, IILM Institute for Business and Management, Gurugram, Haryana, India

Dr.C. Ramesh Professor & Dean Department of Management, School of Pharmaceutical Management, IIHMR University, Jaipur, Rajasthan, India

Dr. R.Sampath Kumar Joint Director Department of Business Management, Osmania University, Hyderabad, Telangana, India

Dr. Dayanand B. Shetty Adjunct Assistant Professor Department of Business Environment and Strategy in Management, School of Business Management, Mumbai, Maharashtra, India

Dr. Sudipta Majumdar Assistant Professor Department of Management, Amity Business School, Amity University, Kolkata, India

Prof. Anjay Kumar Mishra Assistant Professor Faculty of Management Science, Shanker Dev Campus, Putalisadak, Kathmandu, Nepal

Dr Swapna Datta Khan Assistant Professor Department of Marketing,Army Institute of Management,Kolkata, India

From the Director's Desk Dear Readers, We would like to present, with great pleasure, the inaugural First volume of a new scholarly journal, Nolegein Journal of Operations Research & Management. This journal is part of the Operations Research & Management, and is devoted to the scope of present management issues, from different prespectives. This new journal was planned and established to represent the growing needs of marketing as an emerging and increasingly vital field, now widely recognized as an integral part of Management. Its mission is to become a voice of the Management community, addressing researchers and practitioners in this area. The core vision of Operations Research & Management in MBA Journals is to propagate novel awareness and know-how for the profit of mankind ranging from the academic and professional research societies to industry practitioners in a range of topics in advertising in general. MBA Journals acts as a pathfinder for the scientific community to publish their papers excellently and well on-time. Operations Research & Management focuses on original high-quality research in the Decision theory and analysis, Operations research techniques in finance and marketing, Applications of operations research techniques, Operations research in public sector organizations etc. The Journal is intended as a forum for practitioners and researchers to share the views of Operations Research & Management in the area. Many researchers have contributed to the creation and the success of the Operations Research & Management. We are very thankful to everybody within that community who supported the idea of creating an innovative platform. We are certain that this issue will be followed by many others, reporting new developments in the field of Operations Research & Management. This issue would not have been possible without the great support of the Editorial Board members, and we would like to express our sincere thanks to all of them. We would also like to express our gratitude to the editorial staff of MBA Journals, who supported us at every stage of the project. It is our hope that this fine collection of articles will be a valuable resource for Management readers and will stimulate further research into the vibrant area of Operations Research & Management.

Puneet Mehrotra Managing Director

Contents Study Model of Lean Manufacturing and Optimization in an Automobile Industry

Disha Chauhan, Jagmail Singh Estimating Housing Unit for Low Income Group of People in Kathmandu, Nepal

Anjay Kumar Mishra, Surendra K. Shah Interest and Inflation Rate: Its Effect on the Manufacturing Sector of Nigeria Economy

Elegbede Ade Micheal, H.O. Ademulegun The Optimization of the Role of Village- owned Enterprises Agency (BUMDes) to Realize Village Independence

Ellectrananda Anugerah Ash-Shidiqqi A Study on the Significance of Organizational Communication Divya Aggarwal

NOLEGEIN Journal of Operations Research & Management eISSN: 2581-5458 Vol. 1: Issue 2

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Study Model of Lean Manufacturing and Optimization in an Automobile Industry Disha Chauhan*, Jagmail Singh Department of Mechanical Engineering, Haryana College of Technology and Management, Kaithal, Haryana, India

ABSTRACT Lean manufacturing and company integration in Yamaha Faridabad industry to provide a sharp and distinct understanding and embodiment, of how Faridabad Yamaha company in the machining industry work with improvements in general and lean in particular, an extended definition of company integration and how it plays a critical role in a company’s performance about its internal interaction. Collecting data was done by conducting case studies of Faridabad factory. The data was then compiled and categorized to provide a summarized comprehensible representation of all data. The result, in addition to achieving the purpose above, is two management tools that are direct descendants of their respective topics, aiming to solve problems related to them. Keywords: lean manufacturing, Yamaha, lean production, improvement, people and partners, lean problem solving

INTRODUCTION There are several different ways to improve a company’s performance, one of which is called lean. Lean is a companywide performance improvement philosophy that uses different tools for problem solving, continuous improvements and standardization. While traditional effectiveness focuses on output versus input, "Lean Effectiveness" rather focuses on the amount of value adding time, time the customer is paying for, in processes. The goal of lean is to reduce the non-value adding time, which in lean terminology is called waste. Although lean has a goal, lean should be viewed as a never-ending journey, which can be divided into several implementation projects. While lean traditionally is focused on the producing departments of a company it is important to understand that if a lean transformation is to be successful it will require cooperation within, as well

as between, departments, functions and hierarchical levels. The process of creating and facilitating this cooperation is, in this master thesis, referred to as company integration (CI) and is divided into vertical-, horizontal- and cross-functional integration depending on the parties included. Lean Manufacturing The Yamaha Production System, or lean as it will be referred to in thesis master thesis, is the car manufacturer Toyota’s unique approach to manufacturing. Their approach to manufacturing is one of the best worldwide [1]. The following section covers the references used for lean and will focus on the philosophical areas rather than the different tools and methods, commonly associated with lean. However, the last section will briefly cover the tools and methods that is mentioned in the master thesis. Note that all lean- concepts,

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Estimating Housing Unit for Low Income Group of People in Kathmandu, Nepal Anjay Kumar Mishra1, Surendra K. Shah2 1

Assistant Professor, Apex College, Pokhara University, Kathmandu, Nepal Engineer, Department of Urban Development and Building Construction, Division Office, Saptari, Rajbiraj, Nepal

ABSTRACT The number of slums and squatters are increasing at very high rate. The overall objective of this study was to find out the number of housing units required to fulfill the housing needs for the low-income group. The two squatter settlements: Jagritinagar, Sinamangal and Thapathali, from Bagmati River of Kathmandu valley areas were selected as the samples. Questionnaire survey and interview were conducted with the residents of the study area to assess the current housing scenario. Likewise, the questionnaire survey and interview were carried out with housing experts, planners, implementers and concerned organizations to find out the most important factors influencing the housing need of the low-income groups and to explore the appropriate measures to address their housing problem. Descriptive analysis was carried out to find out number of housing units. Over 70% of the people of the low-income groups in the study area were found uneducated. The improvement in the education level brings awareness, better employment opportunity and consequently improves their economic status and housing condition. Hence, the education is one of the important factors that affect the housing need of the people. Easy access to the market along with the urban facilities contributes towards the employment opportunities eventually uplifting the economic status of the low-income group people living in the study area. There is the requirement of 4520 housing units to meet the housing need of low-income groups in Kathmandu valley. This number is very large, and the location and nature of different squatter settlements are different, so it is most to study on suitability of approach to meet the housing need of the entire low-income groups. Keywords: slum, education, awareness, facilities

INTRODUCTION There is significant increase in the construction of the housing buildings and apartment buildings by several private housing builders, land developers and construction companies in the recent years, they are seemed to be more profit oriented and focused on providing the need of the housing facilities for the rich or the highincome group of people. As a result, the low-income groups of people are more forced far away from the housing facilities in the Kathmandu valley. Now considering

corporate social responsibility and ethical liability, low cost housing should be introduced. In the urban areas, about 72% families resided in their own houses, 23.5% on rent. 3.8% of the population lived without paying rent and the remaining in other ways such as unsystematic settlements (squatters) in Creswell2003. But in the case of Kathmandu District this number appears to be increasing surprisingly,

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Interest and Inflation Rate: Its Effect on the Manufacturing Sector of Nigeria Economy Elegbede Ade Micheal*, H.O. Ademulegun Department of Business Administration and Management, Rufus Giwa Polytechnic, Owo, Ondo, Nigeria

ABSTRACT The effect of interest and inflation rate on the manufacturing sector of Nigerian economy is to determine the nature of the relationship between interest rate and manufacturing sector of the Nigerian economy. The purpose of this study is to find out the present level of interest rate and inflation rate adopted in the manufacturing sector of Nigerian economy. The research instrument used a regression method which aims at assessing the effect of interest rate and inflation rate which helps to balance inflation and keep the economy stable and used to capture the causal relationship between globalization and the manufacturing sector of Nigeria. The study recommends that the manufacturing industry should give relief to manufacturer and improve infrastructure to restore the glory of the manufacturing sector in Nigerian economy. Keywords: globalization, interest rate, inflation rate, manufacturing sector and economy

INTRODUCTION The central objective of macro-economic policies is to foster economic growth and to keep inflation on a low level. The word inflation rings bell in the market economics of the world. It is a problem that threatens all economies because of its undesirable effects. The problem of inflation surely is not a new phenomenon. It has been a major problem of the country over the years. Inflation is a household word in many market-oriented economics. Although several people, producers, consumers, professionals, non-professional, trade unionists, workers and the likes talk frequently about inflation, particularly if the affection has assumed a habitual character yet only selected few mechanisms and consequences of inflation [1]. Expansion has remained an interminable decrease of buying power demoralization of genuine speculation equalization of installment disequilibrium and joblessness. Swelling in Nigeria can be said to be an immediate consequence of a few arrangements of the administration to

invigorate a quick rate of financial development and advancement since it was presented in 1959. The Nigerian economy appeared to have encountered moderate expansion before the approach of the Structural Adjustment Program (SAP) in 1986 [2]. The assembling area in Nigeria has gone through four clear phases of improvement which incorporates the main phase of the pre-freedom period, when fabricating was restricted of essential handling of straightforward purchaser things by outside multinational corporation. The second was the prompt past pioneer time of the 1960s described by more incredible import substitution and the start of decay for the fare situated preparing of crude materials. The third stage was the time of the 1970s. This was unexpecting result of the arrival of oil and gigantic assets it accommodated savage government to practice very nearly a total imposing business model in the accompanying subarea’s essential steel generation oil refining petrochemicals, condensed flammable gas palatable salt machine instruments yeast

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The Optimization of the Role of Village-owned Enterprises Agency (BUMDes) to Realize Village Independence Ellectrananda Anugerah Ash-Shidiqqi Researcher, EAA Institute, Surakarta, Indonesia

ABSTRACT Village-owned enterprises (BUMDes) in Law No. 6 of 2014 is defined as a business entity that all or most of its capital is owned by the village through direct participation from village assets which are separated in order to manage assets, services, and other businesses for the maximum welfare of the village community. BUMDes was chosen because of its position that empowers village communities and village resources to create an independent economy that is able to provide welfare to the village community. UU no. 6 of 2014 concerning the Village is a legal instrument that provides very large funds to the village to manage. Keyword: village-owned enterprises, fund village, independence

INTRODUCTION One of the fundamental changes in the lives of people in the village after the enactment of Law No. 6 of 2014 concerning the Village is much chance the rural community to make the village as an independent village. Construction of the first centralized Regency/City administration now has dropped to the village government. Rural development is basically efforts to develop village economy's ability to create wealth and improve the material life fairly and equitably, improve the conditions of health, education, housing, and employment, encouraging the enforcement of the rights of human rights, political freedom and democracy and develop civilization and raise awareness of the need for sustainable development. Seeing the importance of rural development for sustainable development, Act No. 6 of 2014 on the village of birth since the government needs to conduct village autonomy by giving broad discretion, tangible and accountable to the village proportionally, as well as realized with the

arrangement, the distribution and use of village resources and the financial balance and the village center. The emphasis of village autonomy is intended to bring services to the public, the political maturing of the people and provide flexibility for the village to set its own house in accordance with the conditions, potential and diversity of the region. Besides, it is expected that the village autonomy will be able to spur rural development, so that the growth gap between the villages is slowly reduced. The successful implementation of village autonomy cannot be separated on the financial capacity of the village. This means that the village should have the ability and authority to dig its own financial resources, manage and use them in financing the implementation of village government. Therefore, it does not always depend on the support of the central government, and pointed to the "Self" in the implementation of an autonomous village. Finance became one of the factors supporting the implementation of village

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A Study on the Significance of Organizational Communication Divya Aggarwal* Student, Ajay Kumar Garg Institute of Management, Ghaziabad, Uttar Pradesh, India

ABSTRACT Corporate communication is the key to a successful business and is an important tool to carry out the exchange of information between different functional groups in an organization. The objective of the study was to investigate the effectiveness of the internal communication system within various departments at IndianOil, Pipelines Division, Noida. Based on a sample size of 100 respondents, the study was conducted using a close-ended questionnaire. The research was of descriptive type; stratified random sampling was used; and convenience sampling was adopted. This was because the respondents were the employees of IndianOil, Pipelines Division, Noida; they were taken from only a few of the IndianOil departments, and were divided into mutually exclusive groups of officers-level, staff-level and worker-level employees. Keywords: corporate communication, internal communication, organizational improvement

INTRODUCTION It was observed that the internal communication system in the Pipelines Division was quite effective. The electronic as well as computerized media had made the communication system very effective; however, at the same time, many employees at the staff and worker levels did not have access to personal computers, and a lack of proper knowledge on the usage of computers was also observed. The written publications of IndianOil Corporation Limited (IndianOil) are interesting and effective, but they fail to reach certain remote areas of the Pipelines Division within the specified time. A suggestion was put forward that as there is lack of awareness and access to the electronic and computerized media among certain employees of IndianOil, training sessions for these employees should be conducted from time to time for the up-gradation of their knowledge on a regular basis. ORGANIZATIONAL STRUCTURE The whole of IndianOil works under the corporate office located at New Delhi. It

follows hierarchy structure where the decision flows from top to bottom and the data flows from bottom to top. Under the corporate office, there are five divisions, namely Pipelines, Refinery, R&D, Marketing, and Assam Oil divisions [1]. CUSTOMERS OF THE COMPANY The whole nation is said to be the customers of IndianOil. Likewise, there are three sectors, namely: ▪ Primary sector (e.g. Agriculture) ▪ Secondary sector (e.g. Industries) ▪ Territory sector (e.g. Services) COMPETITORS OF THE COMPANY IndianOil has been ranked the second position amongst the top 50 most valuable brands of India, assessed by global brand valuation firm, London – head quarter brand finance. Much of this come from the sheer scale and strength IndianOil commands in its sector. It stands tall amongst giants like Tata Consultancy Services, Tata Motors, Wipro Technologies, and State Petroleum Companies BPCL and HPCL. IndianOil