OM0017 – Advanced Production and Planning Control

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(Spring/Feb 2013)

Master of Business Administration - MBA Semester 4

“Operations Management” Specialization

OM 0017 – Advanced Production and Planning Control (4 credits)

(Book ID: B1342)

ASSIGNMENT- Set 1

Marks 60

Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions.

Q1. Explain the classification of inventory items and control techniques 10 marks(300-400)words

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

Q2. Elucidate capacity scheduling and aggregate capacity scheduling. 10 marks(300-400)words

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

Q3. Describe lean and agile manufacturing 10 marks(300-400)words

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

manufacturing does away with many

Q4. Outline scheduling guidelines and constraints. 10 marks(300-400)words

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

Q5. Outline scheduling guidelines and constraints .10 marks(300-400)words

Answer :

Ø  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

Q6. What are the problems or criticisms of outsourcing 10 marks(300-400)words

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.

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