OM0017 – ADVANCED PRODUCTION AND PLANNING CONTROL

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DRIVE

SUMMER 2016

PROGRAM

MBA

SEMESTER

IV

SUBJECT CODE & NAME

OM 0017 – ADVANCED PRODUCTION AND PLANNING CONTROL

Q.1: Explain Descriptive and Normative Theories of production planning and control.

A Descriptive Theory

Normative Theory

ANS:

Descriptive Theory:

Descriptive Theory is based on knowledge of historical or existing production. This theory is either formally studied in

Q.2: Explain the concept of Master Schedule. Also define the Characteristics of the master schedule.

A Concept of Master Schedule

 Characteristics of the master schedule

ANS:

Concept of Master Schedule:

Master schedule is the presentation of the production schedule at the summary level, depicting various key elements, resulting from the process of master scheduling. In simple words, it can also be said that the master schedule is a plan or

Q.3: Define the various steps of VA.

A Various steps of VA

ANS:

Various steps of VA:

Step 1:Information stageIn the first step, all the relevant information about the material is collected. This information comprises cost, manufacturing methods, performance characteristics, etc. It is not only the first step but also an important step of VA, because more detailed the information, better is the analysis. Lack of information leads

Q.4: Write Short notes on

a. Hybrid 1: MRP with lean principles

b. Hybrid 2: Kanban with MRP planning

c. Hybrid 3: MRP for capacity and long lead time

d. Hybrid 4: Pull system with spike control

ANS:

a. Hybrid 1: MRP with lean principles:

When the demand pattern is very stable and has a radical design change of product, most of the planning and execution can be achieved by using MRP. However, to provide better stability to the system, some of the lean principles are also used to integrate with MRP. One of the disadvantages of MRP is that it needs timely and accurate

Q.5: Differentiate between Mass Production and Batch Production.

A Mass Production

Batch Production

ANS:

Mass Production: 

A term sometimes used in the popular press for a line process that uses the make-to-stock strategy. Mass production is the process

Q.6: Elaborate various Elements of cost.

A Elements of cost

ANS:

Elements of cost:

The total cost consists of three elements namely, material, labour, and expenses. These three elements are further classified into direct and

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