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.
Q. 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:
b. 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.
c. 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
Q. 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
Q. 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
Q. 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
b. 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
Q. 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
Q. 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