MBA PROGRAMME

CLASS OF 2016, SECTION B

Semester II
Weekly Class Schedule
FOR THE WEEK OF MARCH 30 TO April 03, 2015
Auditorium 104
DG

0830-0900

Class 1

0905-1035

DG

1105-1135

Class 2

1140-1310

DG

1435-1505

Class 3

1510-1640

30-Mar
Mon

31-Mar
Tue

1-Apr
Wed

2-Apr
Thu

3-Apr
Fri

OM
16

MACS
15

BII
1

OM
17

BII
2

ME
15

*
FMG
15

ME
16

MACS
16

IE
1

*
FMG
16

IE
2

4-Apr
Sat

*
FMG-17
Joint

1. The soft copy of the weekly schedule is available on the main page of the LUMS website
www.lums.edu.pk - Information For: Students\Schedules\MBA Schedule
2. Class timings may sometimes differ from the usual timetable. Please follow the timings given on the inner pages.
3.

For course titles and instructors, please turn overleaf.

4.

FMG WAC is due on Sunday, April 05.

Follow the timings given on the inner pages for FMG 15 & 16 and Friday, April 03.

MBA CLASS OF 2016

SEMESTER II (S II)
LIST OF COURSES BEING OFFERED
Code

Units

BII
FMG
IE
MACS
ME
OM

0.5
1
0.5
1
1
1

Course Title

Business Integration and Innovation

Financial Management
Islamic Ethics
Managerial Accounting and Control Systems
Managerial Economics
Operations Management

Instructor

Jamshed H Khan
Syed Mubashir Ali
Kamran Rashid
Ayesha Bhatti / M Junaid Ashraf
Tanveer Shehzad
Hassan Rauf / Syed Zahoor Hassan

SULEMAN DAWOOD SCHOOL OF BUSINESS

MBA PROGRAMME
CLASS OF 2016, SECTION B
AUDITORIUM A-104 SEMESTER II 2014-2015 (SII)
Assignments for the week of March 30 to April 03, 2015
***************************************************************************
MONDAY, MARCH 30
0830 - 0900

Discussion Group: Operations Management

0905 - 1035

OPERATIONS MANAGEMENT
HASSAN RAUF

Topic: Quality Management and Process Improvement

Learning Objective: Applying the statistical process control tools and
techniques to address key strategic challenges
Case: Florida Power and Light Quality Improvement (QI) Story Exercise
(A)
Assignment:
1.

Work in your DR groups to come up with counter measures?

2.

Devise a mechanism to prioritize the counter measures.

3.

What are the strength and weaknesses of such a quality program?

What elements are critical to its success?

4.

What are the characteristics of companies best suited to make an

FPL-style program work? Why?

Read: SPC Tools From the Book Chapter

1035 - 1105

Tea break

1105 - 1135

Discussion Group: Managerial Economics

1140 - 1310

MANAGERIAL ECONOMICS
TANVEER SHEHZAD

Topic: Applications of Elasticities in Business Firms

1

Learning Objectives: Implications of demand forecasting and elasticities

on business firms
Assignment:
1.

What are the implications of different elasticities for an

agribusiness firms?

2.

Do you think as a manager of agribusiness firm, you would be able

to utilize statistics given in the chapter in a meaningful way?

3.

Can you think of an ideal agribusiness using the information

provided in the chapter?

Read: Economics of Food Demand

1310 - 1435

Lunch break

1435 - 1505

Discussion Group: Islamic Ethics

1510 - 1640

ISLAMIC ETHICS
KAMRAN RASHID

Topic: Why Ethics Requires God

Read: Unspeakable Ethics, Unnatural Law (Arthur Leff)
TUESDAY, MARCH 31
0830 - 0900

Discussion Group: Managerial Accounting and Control Systems

0905 - 1035

MANAGERIAL ACCOUNTING AND CONTROL SYSTEMS

M JUNAID ASHRAF

Topic: Management Control Systems

Lecture
Read: Accounting and Management Control
1035 - 1400

Break

1400- 1430

Discussion Group: Financial Management

1435 - 1805
(Double Session)

FINANCIAL MANAGEMENT
SYED MUBASHIR ALI

Topic: Cost of Capital & Financial Structure Decisions

2

Learning Objective: This is a case which uses the Capital Asset Pricing
Model in the context of examining issues of risk and cost of capital for a
firm
Case: Communication Satellite Corporation
Assignment: FCC: The Required Rate of Return Hearing
Read: Revise B&E, Chapters 16 & 17
WEDNESDAY, APRIL 01
0830 - 0900

Discussion Group: Business Integration and Innovation

0905 - 1035

BUSINESS INTEGRATION AND INNOVATION

JAMSHED H KHAN

Topic: Analysing the Parts of a Strategy

Case: Airborne Express
Assignment:
1.

How and why has the express mail industry structure evolved in
recent years? How have the changes affected small competitors?

2.

How has Airborne survived, and recently prospered, in its industry?

3.

Quantify Airbornes sources of advantage. As the note on Creating

Competitive Advantage (HBS 798-062) discusses, it is often useful
to analyze a companys cost position relative to its rivals and to
examine the willingness of customers to pay for the companys
products relative to competitors. The case allows you to analyze the
relative costs of Airborne Express in detail. Specifically, compare
the costs of an overnight letter shipped by Airborne Express to one
shipped by Federal Express. The case does not allow you to compare
willingness to pay across companies more than qualitatively, but it
does permit you to examine relative prices.
To examine relative costs, start with the cost structure of a Federal
Express overnight letter, given in Exhibit 3. Using information in the
case and your understanding of what influences each cost item,
estimate each of the items for Airborne Express.

4.

What must Robert Brazier, Airbornes President and COO, do in

order to strengthen the company's position?
3

5.

Turn in Answers to Question # 3 before the start of the class for

grading.

Read:
1.
2.

Creating Competitive Advantage

An Options-led Approach to Making Strategic Choice

1035 - 1105

Tea break

1105 - 1135

Discussion Group: Managerial Economics

1140 - 1310

MANAGERIAL ECONOMICS
TANVEER SHEHZAD

Topic: Cost and Production Analysis

Learning Objectives: The concepts of average, marginal and total fixed
and variables costs and economies of scale and scope
Read: What Your Cost Accountant Cant Measure: The Economic
Theory of Production and Cost
Assignment:
1.

Whats the difference between fixed and variable costs?

2.

Whats the difference between average and variables costs?

3.

What happens to average total cost if marginal cost is increasing?

1310 - 1435

Lunch break

1435 - 1505

Discussion Group: Islamic Ethics

1510 - 1640

ISLAMIC ETHICS
KAMRAN RASHID

Topic: Understanding Gods Will (Ijitihad) Part I

Read:
1.
2.

Nihilism and the End of Law (Phillip Johnson)

The Formation of Islamic Law (Bernard G. Weiss)

THURSDAY, APRIL 02
0830 - 0900

Discussion Group: Operations Management

0905 - 1035

OPERATIONS MANAGEMENT
HASSAN RAUF

Topic: Process Re-Design and Organisational Knowledge Management

Learning Objective: Understanding the various stages of knowledge
about a given process related implications
Case: Comfort Knitwear: Dyeing Process Improvement
Read: Measuring and Managing Technical Knowledge
1035 - 1105

Tea break

1105 - 1135

Discussion Group: Managerial Accounting and Control Systems

1140 - 1310

MANAGERIAL ACCOUNTING AND CONTROL SYSTEMS

M JUNAID ASHRAF

Topic: Management Control Systems

Learning Objective: A case on Kaizen costing and how can it is being
used in Citizen, a watch manufacturing Japanese firm
Case: Citizen Watch Company
Assignment: Describe the cost management system of Citizen? What are
its unique features? What if anything, would you change it?
Read: Ch. 16, Standard Costing, Variance Analysis, and Kaizen
Costing (Review)
FRIDAY, APRIL 03
0830 - 0900

Discussion Group: Business Integration and Innovation

0905 - 1035

BUSINESS INTEGRATION AND INNOVATION

JAMSHED H KHAN

Topic: Analysing the Parts of a Strategy

Case: Husky Injection Molding Systems
5

Assignment:
1.

What is Huskys strategy? Why has the company been so

successful in the period prior to the recent problems?

2.

Are Husky injection molding systems worth the premium price the
company charges? Be precise.

3.

To calculate a customers willingness to pay for a Husky system,

consider a customer who wants to make as many plastic products
as a Husky system can make in a year. If the price of a Husky
system were to rise above a certain level, the customer would be
better off making its products with a competitors system. What is
the price that would make the customer just indifferent between a
Husky system and a competitors system? This is the customers
willingness to pay for the Husky system.

4.

What has caused Huskys current difficulties?

5.

How might Robert Schad, Huskys CEO, and the company

respond? How should they respond?

6.

Turn in Answers to Question # 3 before the start of the class for

grading.

Read: Review:
1.
2.

Creating Competitive Advantage

An Options-led Approach to Making Strategic Choice

1035 - 1430

Break

1430 - 1600
(Joint)

FINANCIAL MANAGEMENT

Venue: Auditorium A-103

SYED MUBASHIR ALI

Review Session
Read: Assigned Chapters Covered
Assignment: Reflect on the course so far and be prepared for a discussion.