Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601
ASSIGNMENT
| 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 |
| CREDITS | 4 |
| BK ID | B2010 |
| 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.
- 1. a. What is the importance of production planning and control?
Answer: The system of production planning and control serves as the nervous system of a plant. It is a co-ordinating agency which co-ordinate the activities of engineering, purchasing, production, selling and stock control departments. An efficient system of production planning and control helps in providing better and more economic goods to customers at lower investment. It is essential in all plants irrespective of their nature and size.
The importance of production planning and control are summarized below:
- What factors affect inventory planning and control?
Answer: Product Type:The type of product greatly influences the inventory control policies assigned to manage the product. For example, products with short shelf lives, such as perishable foods, require a different policy than men’s dress shirts. Short shelf life products must rotate based on expiration date. Although it seems like a first in/first out (FIFO) policy works in this case, if at any time goods come into the warehouse out of expiration date sequence, a FIFO policy will fail to manage the inventory properly.
- What is the difference between batch and mass production?
Answer:In the simplest of terms batch production is a particular sized lot of parts produced to a particular set of instructions. For example producing 50 medium green t-shirts would be a batch. Producing white medium t-shirts all day would be mass production.
Mass Production – Production of a particular component or product in a production system that can handle large volume of production but with very little
- 2. What is a master schedule? Explain.
Answer:A master production schedule (MPS) is a plan for individual commodities to produce in each time period such as production, staffing, inventory, etc. It is usually linked to manufacturing where the plan indicates when and how much of each product will be demanded. This plan quantifies significant processes, parts, and other resources in order to optimize production, to identify bottlenecks, and to anticipate needs and
- 3. What are the different types of planning and scheduling tools? Explain.
Answer:Key Planning Elements are Scope of Work which is transpired in Work Breakdown Structure (WBS) and Method of Execution which is identified in the logic diagram. Let us understand both these elements.
Work breakdown Structure: The PMBOK Guide defines a WBS as a deliverable, orientated grouping of project elements that organizes and defines the total scope of the project. By using a WBS, it allows the project team to plan a project by means of a hierarchical structure, by identifying the elements and sub elements. A work package
- 4. a. What are the pillars of lean production?
Answer: Lean manufacturing or lean production, often simply “lean”, is a systemic method for the elimination of waste (“Muda”) within a manufacturing process. Lean also takes into account waste created through overburden (“Muri”) and waste created through unevenness in work loads (“Mura”). Working from the perspective of the client who consumes a product or service, “value” is any action or process that a customer would be willing to pay for.
Essentially, lean is centered on making obvious what adds value by reducing everything else. Lean manufacturing is a management philosophy
- What factors should be considered while implementing a production planning and control system?
Answer:Many technical and systems changes have occurred in manufacturing industry over recent years. The requirements being placed on companies by the market are also changing. Production Planning and Control (PPC) is being asked to respond effectively to these internal and external changes by providing a faster response and better control of resources and delivery performance.
The prime objective of production planning
- 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: Planning, for our purposes, can be thought of as determining all the small tasks that must be carried out in order to accomplish a goal. Let’s say your goal is to buy a gallon of milk. It may sound like a simple task, but if you break it down, there are many small tasks involved: obtain keys, obtain wallet, start car, drive to store, find and obtain milk, purchase milk, etc. Planning also takes into account rules, called constraints, which control when certain tasks can or cannot happen. Two (of many) constraints in this example are that you
- 6. Write short notes on:
- a) Cost centre
Answer: Cost centers and profit centers are typically treated differently within an organization. Because a cost center doesn’t produce a profit directly from its activities, managers of cost centers are responsible for keeping their costs in line or below budget. Examples of cost centers include marketing, human resources and
- b) Objectives of sales and operations planning
Answer:The concept of Sales and Operations Planning (S&OP) is a month-based business process aimed at achieving a balance between a company’s overalldemand and supply (availability). An effective S&OP process links together business planning and master planning within a company.
Business Planning is typically based on product families and monetary units. The annual budget process that many companies work with is strongly connected to business planning. Sales and operations planning is also often
- c) Bills of Distribution (BOD)
Answer:The bill of distribution (BOD) specifies how a product is further distributed within your enterprise following inward delivery from the supplier before being passed on to the customer. Because the distribution routes are firmly predefined by the BOD, you can use the latter to carry out spare parts planning without a time-consuming source determination process. Bills of distribution define the sourcing strategies of several organizations. In other words, a bill of distribution is library of sourcing strategies. For instance, the sourcing strategy described in SR-C01 could apply to different organizations at different periods. You cannot do this with sourcing rules because you have to apply the strategy to one org or all orgs.
- d) Advanced scheduling
Answer:Advanced planning and scheduling (also known as APS and advanced manufacturing) refers to a manufacturing management process by which raw materials and production capacity are optimally allocated to meet demand. APS is especially well-suited to environments where simpler planning methods cannot adequately address complex trade-offs between competing priorities. Production scheduling is intrinsically very difficult due to the (approximately) factorial dependence of the size of the solution space on the number of items/products to be manufactured.
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601