Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your
sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject and rs 700/semester only.
if urgent then call us
on 08791490301, 08273413412
DRIVE
WINTER 2014
PROGRAM
MBADS (SEM 4/SEM 6)
MBAFLEX/ MBA (SEM
4)
PGDOMN (SEM 2)
SUBJECT CODE &
NAME
OM 0017 – ADVANCED
PRODUCTION PLANNING AND CONTROL
CREDIT - 4
BK ID - B2010
MARKS – 60
Q1. a. What is the
importance of production planning and control? b. What factors affect inventory
planning and control? c. What is the difference between batch and mass
production? 2, 3, 5
Answer:
Importance of production
planning and control: Production planning and control is important for an organisation
in different ways. Let us discuss its importance:
·
Reduces cost of production by minimizing wastage of material and economic
utilization of resources
Q2. What is a
master schedule? Explain. ( Define master schedule, List the features of a master schedule, Discuss the process of master scheduling, List the uses of master schedule, List the characteristics of master
schedule, Describe the factors related
to demand management that should be kept in mind While developing the master
schedule) 1, 1, 1, 1, 3, 3
Answer:
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
format that integrates and relates other production processes such as
demand management, inventory planning and capacity planning.
Features
of a master
Q3. What are the
different types of planning and scheduling tools? Explain. (List the three
types of planning and scheduling tools, Discuss the three types of planning and
scheduling tools) 1, 9
Answer:
Types of Planning and Scheduling Tools:
Depending
upon the requirements of the production process, manufacturing organisations
use different types of planning and scheduling tools. There are no set
parameters to opt for a particular tool.
Turnkey or off-the-shelf solutions
Custom systems
Excel and visual basic tools
Turnkey or off-the-shelf
solutions: Turnkey
or off-the-shelf solutions are ready-made solutions that a manufacturer
can use without spending any time in their customisation or development.
It takes a lot of time for planning and scheduling tools to be customised
if a manufacturer wants to develop it from the beginning. After the
Q4. a. What are the
pillars of lean production? b. What factors should be considered while
implementing a production planning and control system? ( List the pillars of
lean production, Discuss then pillars of lean production, List the factors that help in the successful
implementation a production planning and control system, Explain each factor in
brief) 1, 4, 1, 4
Answer:
pillars of lean production: The foundation of lean production
stands on just-in-time and Jidoka, which are referred as the two pillars
of lean production. Both these pillars provide the basis for lean
production by providing some important concepts in lean production such
as pull system, 3 Ms, 5S, fail proofing system, etc. Let us now discuss
Q5. Case Study: Planning and Scheduling at John Smith Pvt
.Ltd
John
Smith is a manufacturing organisation of apparels and accessories, specialising
in both men and women segments. The organisation started in the US and
gradually extended its different branches and merchandise to other nations as
well. The organisation was not only favoured by customers but was also loved by
its employees for the work environment it provided. Employees were not only
paid well but were also provided good appraisals that motivated them to give
their best to the organisation.
Current
planner Mr. Jackson had been working with the organisation for the past 15
years and now wanted to take retirement from his work due to his age. The
organisation bid him farewell and Mr.Max was hired as the new planner for the
organisation on the basis of his qualifications and experience. After Mr. Max
completed 1 year, the organisation observed dissatisfaction
Among
its employees. The reason was that employees were not happy with the way
production was carried out. There was too much pressure on employees, and Mr.
Max was accepting more orders than the workers could manage.
This
was demotivating workers and employees, and as a result , the company observed
the highest attrition rate in its history. The management immediately reacted
to the situation and called back Mr. Jackson as an external planning consultant
to address the issue at the earliest,
Because
management was losing its manpower, which was affecting the business.
Mr.
Jackson paid a visit to the organisation and studied the records for the past 1
year. He also
Had
a discussion with the new planner, Mr. Max, for the current appraisal system.
On the basis of his observations and discussions, Mr. Jackson made certain
conclusions. He stated that Mr. Max was not following the appropriate
production process, because the number of orders accepted for production was
more than the resources available at the production unit. He also stated that
the problem was not completely Mr. Max’s fault, because the organisation did
not train him on the existing production process and neither did they make him
aware of the competitors and the market.
Question
What is main issue
in the case study? Evaluate why this issue was caused and provide a solution to
resolve it.
Describe
the main issue in the case study.
To
evaluate why the issue was caused
·
Assess if the
recruitment of the new planner was done correctly
·
Discuss if the
planner has the requisite skills and knowledge
·
Argue if
training the planner would have resolved the problem, would performance
measurement helped in identifying the issue
·
Provide the
solution from point of view evaluation made
Answer:
Q6. Write short
notes on: 10 (2.5 marks each)
Ø Cost
centre
Ø Objectives
of sales and operations planning
Ø Bills
of Distribution (BOD)
Ø Advanced
scheduling
Answer:
Cost centre: According to the Chartered
Institute of Management Accountants, London, a cost centre is“a
location, person, or item of equipment (or a group of these) for which
costs may be ascertained and used for the purpose of cost control.” In
simple words, a cost centre can be defined as a machine, a department, a
person, or a group of persons for which the cost is ascertained. A cost centre
helps in controlling cost by artificially dividing and sub-dividing the
Get fully solved assignment. Buy online from website
online store
or
plz drop a mail with your
sub code
we will revert you within 2-3 hour or immediate
Charges rs
125/subject and rs 700/semester only.
if urgent then call us
on 08791490301, 08273413412
No comments:
Post a Comment