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ASSIGNMENT
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DRIVE FALL
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2014
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PROGRAM
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MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4) /
PGDISMN – (SEM 2)
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SUBJECT CODE & NAME
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OM 0017 – ADVANCED PRODUCTION AND PLANNING CONTROL
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BK ID
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B1342
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CREDITS
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4
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MARKS
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60
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Note: Answer all questions. Kindly note that answers for 10 marks
questions should be approximately of 400 words. Each question is followed by
evaluation scheme.
Q1. Explain the classification of inventory items and control
techniques
Answer: Various inventory control
methods exist. For the small business, the inventory control method used has a
major impact on the business cash flow
and operational cost. Whatever inventory control method a company uses, the
goals for managing inventory hold true regardless of industry or product. These
goals include maximizing customer service, lowering operational cost and
minimizing inventory investment.
ABC Control
ABC inventory control is a method
of classifying
Q2. Elucidate capacity scheduling and aggregate capacity
scheduling.
Answer: Proper aggregate planning
is the key to an organization’s performance. An aggregate plan defines a
company’s production rates, workforce levels and inventory position with
respect to market demand and available capacity. Aggregate planning balances
market demand and the production rate of the organization. This enables the
organizations to reduce costs, and helps in optimizing the utilization of
available resources. Proper implementation of the aggregate plan enables an
organization to use all available resources to the fullest extent without
overloading the production system. The success of an
Q3. Describe lean and agile manufacturing
Answer: It was in 1989, that
for the first time the world was introduced to the term ‘lean production’ as it
was coined in by MIT. On the other hand, Agile Manufacturing can trace its
origins in a research study by Lehigh University in the early 90s.
Before discussing lean and agile,
it’s important to place lean manufacturing in context with the traditional mass
production principles. Lean
Q4. Outline scheduling guidelines and constraints.
Answer: Scheduling guidelines
TIERS
When scheduling buildings and
rooms for sections, Tier 1 and Tier 2 refer to the access a department will
have to a specific building. If a department has Tier 1 access to a building it
means that they have priority to book into the unrestricted rooms in that
building. In between certain dates the building is only available to the Tier 1
holders for that building. After a certain date the building is released for
Tier 2 booking. Tier 2 access allows all departments to book in any remaining
unscheduled non-restricted rooms.
Q5. Write short notes on:
v Master Production schedule
Answer: A Master
Production Schedule or MPS is the plan that a company develops for production,
inventory, staffing, etc. It sets the quantity of each end item to be completed
in each week of the planning horizon. It is the plan for all future production
of end items.
The MPS gives
production, planning, purchasing, and top management the information needed to
plan and control the manufacturing operation. The application ties overall
business
v Gantt charts
Answer: A Gantt
chart is a horizontal bar chart developed as a production control tool in 1917
by Henry L. Gantt, an American engineer and social scientist. Frequently used
in project management, a Gantt chart provides a graphical illustration of a
schedule that helps to plan, coordinate, and track specific tasks in a project.
v Elements of FMS(Flexible Manufacturing
System)
Answer: Flexible Manufacturing System:
A flexible manufacturing system
(FMS) is a manufacturing system in which there is some amount of flexibility
that allows the system to react in the case of changes, whether predicted or
unpredicted. This flexibility is generally considered to fall into two
categories, which both contain numerous subcategories.
Components :
.
v Short term capacity planning
Answer: Capacity
planning is the process of determining the production capacity needed by an
organization to meet changing demands for its products. In the context of
capacity planning, design capacity is the maximum amount of work that an
organization is capable of completing in a given period. Effective capacity is
the maximum amount of work that an organization is capable of completing in a
given period due to constraints such as quality problems, delays, material
Q6. What are the problems or criticisms of outsourcing
Answer: India Outsourcing Problems
Businesses in America began
heavily outsourcing work to India in the 1990's. It was a way to save on
overhead and production cost. Jobs such as manufacturing to telemarketing and
customer service centres became a booming business in India. Outsourcing to
India has not come without issues. Problems have surfaced in both customer
service and product quality. Outsourcing has not come without heavy criticism.
Many people believe that outsourcing has contributed to unemployment and
security risks to Americans too.
Lower Quality Standards
Dear
students get fully solved assignments
Send
your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call
us at : 08263069601
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