Quantathon on Thursday, Sept 19 ,2019
Department – MBA (AFMR)
Name of Event – Quantathon (Kaizen Club Activity)
Date of Event – Thursday, Sept 19 ,2019
Objective of Event – Make students apply the basics of management &
QT to achieve work targets. Also to make them realise the relationship between quantity, quality and profit.
Details of Guests with Designation –
Dignitaries Present –
Coordinator (s)/Convener – Prof Juhi Kamakoty (Coordinator Kaizen Club)
Details of Participants – MBA Students (Sem 1 & Sem3)
Write up giving highlights
Productivity of process and Earnings of workers have always been an area of concern in business. Though the law is simple “ Produce more to Earn more” the implementation of this varies with the type of business. In a factory set up productivity is the number of units produced in a given time and wages are the earning of the worker. A worker / group of workers, who produces more gets more wage. In management parlance it is called as ‘Wage plans’ This exercise was meant to give students an idea of how production and earnings are related in business, how the slow workers/groups get penalized and how the fast workers/groups get rewarded. Incase of team – planning, coordination, division of work, time management and monitoring etc are important to keep the team focused to maximize earnings.
The students were divided into 23 teams comprising of 10 members per team. Each team had to maximize its earning by selectively choosing their work targets. Each team were given different job offerings with different complexity level and payoff rates. They had to complete as many task as they could in 45 minutes.
The winner team was the team that earned the highest score. Certificates were given to the winner team. The students enjoyed the activity and burned their brains to earn their bread. The activity was conceptualized,designed by Prof Juhi Kamakoty . It was conducted by the Kaizen team of faculty members – Prof Vikas Jain , Prof Naman Shrivastav, Prof.Anand Bhat and undersigned. A student volunteer team of about 30 students worked in synchronization to effectively execute the activity. Few students-Tejas Gujrati, Prachi Patni, Bhumika Badjatya, Megha Patel deserve a special mention in seamless execution of the event.
.Prepared by : Prof. Juhi Kamakoty (Coordinator Kaizen Club)