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Working Papers | 1986

Reliability Analysis of Apoly-12-PU-500

Girja Sharan, Shah Nitin, and Srivastava Uma Kant

Breakdown data of APOLY-12-PU-500 windmills of Gujarat has been analysed. Bartlett's test suggested the plausibility of failure being exponentially distributed. The mean-time-between-failures (MTBF) was estimated, expected failure frequency computed. The observed and expected frequencies are close enough, as indicated by the goodness-of-fit test. The MTBF worked out to 283 hrs. Which in Gujarat conditions could mean at the most 2 months of working. The reliability of this model thus is low. Repair costs will be higher than expected by the designers.

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Working Papers | 1986

Capital Expenditure Planning and Control: A Survey of Indian Practice

Pandey I M

The purpose of the study was to find out the policy and practice of Indian companies regarding various phases of the capital expenditure planning and control, and to ascertain corporate executives' opinion on the linkage between the capital budgeting and the corporate strategy. Detailed questionnaires were sent to fourteen companies which had agreed to participate in the study. The study reveals the following: (i) The definition and classification of capital expenditures is guided a lot by accounting convention and tax regulations. (ii) A very large number of project ideas are generated at the plant level. Thus the investment idea generation is a bottom-up process. (iii) The authority to progress and approve investment proposals and to spend money for approved expenditures is rigidly concentrated in the hands of a few top management officials. (iv) A large number of business executives lack conceptual clarity in estimating cash flows. (v) Almost all companies use payback as the evaluation criterion. About three-fourth companies use NPV or IRR; but none of the companies uses any of the sophisticated criteria without payback. (vi) Selling price, product demand, technological changes and government policies contribute investment risk. Sensitivity analysis is the most popular method of handling investment risk. (vii) Companies hardly face capital shortage. No company uses mathematical model to select project under capital rationing. (viii) It is a common practice in India to reappraise approved projects. The power to review reappraisals is concentrated at the top. (iv) In practice, strategic considerations (as well as a number of qualitative factors) are considered to be very important in the investment planning. On the basis of the findings of the study and experiences of other countries, a descriptive model for the capital expenditure planning and control is developed.

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Working Papers | 1986

Transfer of Technology to India: The Case of Indo-FRG Industrial Cooperation

Chaudhari Shekhar

Foreign collaborations have played in important role in the building up of the industrial infrastructure in the country. In fact, it has increased considerably during the last few years with the gradual liberalization of governmental policies towards industry. In this study the author has i) described broadly the major sources of foreign technology over the years; ii) highlighted the changing patterns in the number and nature of foreign collaboration agreements; iii) and described the role of Indo-F.R.G. industrial co-operation. The paper also discusses briefly the factors that are likely to influence Indo-FRG industrial cooperation and raises same issues for further research.

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Working Papers | 1986

Expected Performance in Human/Computer Applications as a Function of User Proficiency and Systems Power

Norman Kent L and Singh Ramadhar

Managers and students of management in India predicted performance in human/computer system from information about the user's proficiency with computers and the power of the system. User proficiency was defined as the user's ability to work with computers; and system power was defined as the computer's ability to store, retrieve, and analyze data. Five different models were proposed for how used proficiency and system power are expected to determine performance. These were (a) a matching model in which optimal performance is achieved when the power of the system is judged to be compatible with the proficiency of the user, (b) an averaging model in which expected performance is the average of the values of user proficiency and system power, (c) a multiplying model in which performance is the product of the values of user proficiency and system power, (d) a human/computer ratio model in which performance is determined by the ratio of system power over total effort, and (e) a computer/human ratio model in which performance is determined by the ratio of user proficiency over total effort. Participants rated 16 combinations of user proficiency and system power from a 4 x 4 factorial design. The pattern of ratings indicated that 51 percent used a multiplying model and 25 percent used an averaging model; whereas, only 6 percent used the matching model and 4 percent used a ratio model. The remaining 14 percent did not follow any model clearly. Implications of these results were discussed for the design of the human/computer interface, training and selection of users, and the cost-benefit trade-offs for investment in user training versus equipment acquisition.

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Working Papers | 1986

Interregional Variation in the Access of Females to the Working Force in India, 1981

Ravindra H. Dholakia and Patel Premji M

In the present paper, we make an attempt to examine the interstate variation in the proportion of females in the total working force in India during a given bench-mark year 1981. The exercise is expected to provide interesting insights into the nature of labour markets and some structural forces operating in various state economies in India. The main finding of the paper is that sex-discriminating aspects of rural technology in general and in the agricultural sector in particular are the major determinants of interstate variation in the access of females to the working force and hence in their relative contribution to the state domestic product.

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Working Papers | 1986

Sources of Economic Growth in India Implied by the Seventh Five Year Plan 1985-90

Ravindra H. Dholakia

Working Papers | 1986

Casual Linkages Among Dimensions of Perceived Organizational Environment

Khandwalla P N

The paper highlights the importance of environmental perceptions of management for a strategic contingency theory of organizational functioning. Based on data from 75 Indian organizations, the paper examines the temporal stability of environmental perceptions and the potential causal linkages between perceptions of ten dimensions of the organization's operating environment. Based on identified casual linkages, the environmental dimensions are classified into strategic, transmitter, instrumental, and isolated. A causal network is constructed. Distinction is drawn between the direct and network organizational effects of changes in environmental perceptions. Implications are drawn for a dynamic organization theory. The paper concludes with some emergent hypotheses.

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Working Papers | 1986

Analysis of (S, s) Inventory System with Decaying Items

Srivastava Prabha and N. Ravichandran

This article obtains the stationary distribution of the inventory level of an (S, s) inventory model with decaying items. The demand to this inventory system is governed by a general renewal process. Items decay at a constant rate independently and identically. When the inventory reduces to a level

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Working Papers | 1986

On Estimating Home Workers in India

Ravindra H. Dholakia

Although home-working is a phenomenon prevalent in almost all societies, it sometimes takes disturbing form especially in the labour surplus countries of the third world. It is artued that from the viewpoint of social justice, we must be concerned about sucha category of workers who are de jure self-employed workers but de facto employees at the mercy of their employers who only take advantage of the situation and shrug-off all responsibility as employers. In order to assess the magnitude of the problem, some broad measurement of the dimensions is necessary. In the present paper, a conceptual framework is presented to categorize home-workers into various groups and sub-groups having somewhat homogeneous conditions. Finally, first approximations are attempted about the magnitude of workers in different categories and sub-categories of Home-Working based on 1981 Census data.

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Working Papers | 1986

A Study of the Problem of Improving the Utilization of the Non-Suburban Passenger Fleet in Indian Railways

G. Raghuram

This paper studies the problem of improving the utilization of the non-suburban passenger fleet of the Indian Railways. The constant growth of the non-suburban passenger traffic outstrips the additions provided to the fleet, which any way is an expensive proposition. The improvement in utilization is sought to be effected by using the fleet more often for the desired services. The paper identifies three constraints that influence the utilization : (i) composition requirements (ii) maintenance requirements and (iii) traffic delays. The need to standardize the composition of services and provide proper maintenance norms is highlighted. A methodology is proposed using OR techniques to evaluate current solutions and improve the same to optimality. A framework is suggested for analysing the implementability of the solutions. The paper also demonstrates a methodology to exploit the fact that there are usually a large number of optimal solutions. This involves using a secondary objective function to select a preferred solution.

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