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DRIVE
Fall 2015
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 organization
in different ways. Its importance is:
·
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 processor 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
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 organizations 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
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 Judoka, 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 each of the pillars in brief:
Question 5.
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.
Main issue in
the case study
·
The
organization observed dissatisfaction among its employees
·
Employees
were not happy with the way production was carried out.
·
Too
much pressure on employees
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, accost centreis“a location,
person, or item of equipment (or a group of these)for which costs may be
ascertained and used for the purpose of costcontrol.”In simple words, a cost
centre can be defined as a machine, a department,a person
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
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