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ASSIGNMENT
| DRIVE FALL | 2014 |
| PROGRAM | MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4) /
PGDISMN – (SEM 2) |
| SUBJECT CODE & NAME | OM 0017 – ADVANCED PRODUCTION AND PLANNING CONTROL |
| BK ID | B1342 |
| CREDITS | 4 |
| MARKS | 60 |
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:
- 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
- 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.
- 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 :
.
- 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 :
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