OM0017 – Advanced Production and Planning Control

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DRIVE	FALL DRIVE 2013
PROGRAM/SEMESTER	MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4) / PGDISMN (SEM 2)
SUBJECT CODE & NAME	OM0017 – Advanced Production and Planning Control
BOOK ID	B1342
CREDITS	4
MARKS	60

ASSIGNMENT

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 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

ABC inventory control is a method of classifying and controlling inventory according to its level of importance. Typically, dollar usage serves as the criteria used to determine importance, but other criteria, such as sales volume, also gets used. ABC inventory control works on the old 80/20 rule--a small amount of items normally dominate the results in

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 available resources.

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

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 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.

OPTIMIZER

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 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.

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. Many people

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