Thursday 11 June 2015

OM0017–Advanced Production and Planning Control


Spring-2015
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Master of Business Administration- MBA Semester 4
OM0017–Advanced Production and Planning Control-4 Credits
(Book ID: B2010)
Assignment (60 Marks)
Note: Answer all questions must be written within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60.
Q1. What are the different line balancing methods?
Answer. Various line balancing methods are as listed below:
1. Largest Candidate Rule.
2. Ranked Positional Weighted Method.
Q2. What are the various techniques of costing?
Answer: 1. Marginal Costing
Marginal costing is a technique of costing in which allocation of expenditure to production is restricted to those expenses which arise as a result of production, e.g., materials, labor, direct expenses and variable overheads. Fixed overheads are excluded in cases where production varies because it may give misleading results. The
Q3. What are the different approaches to sales and operations planning?
Answer: A strategic approach to sales and operational planning uses the major activities of the company to support overall company goals in an integrated fashion. Sales and operations coordinate initiatives to ensure that sales results transfer to operational efforts in a way that supports company objectives. You can achieve better overall company performance through strategic integration of sales and operational plans and with a high level of coordination between the departments.
Q4. What are the rules for scheduling Kanban production?
Answer:  The most common form of Kanban is a card with data printed on it. The card can vary in shape, size and content, and it’s sometimes replaced by other devices, such as golf balls. Over the years, the Kanban concept has developed into more modern forms like e-mails, sensors, electronic dashboards and so on. At its simplest, kanban is a card with an inventory number that’s attached to a part. Right before the part is installed, the kanban card is detached and sent up the supply chain as a request for another part. A
Q5. What are factors must be considered while implementing a production planning and control system?
Answer: There are many factors in an application implementation-related project that over time have proved to be key contributors to the success of such projects.  This includes items that may seem obvious, such as solid testing, communication, and involvement by key staff members, but these are often underutilized in favor of saving time.  When projects skimp on these key items, it is likely to result in:-
Q6. Mention the reasons why manufacturing organizations choose Excel and Visual Basic prototype as planning and scheduling tools.
Answer. Using Excel for Bill of Materials (BOM) Management
Most small and mid-size businesses (SMBs) start with their product bill of materials (BOM) in Excel spreadsheets — why should you be any different? Excel is a well-known, flexible application that everyone has — It is easy and it is essentially free. Small companies can make it through the first release of a new product just fine using Excel to manage product data.
Spring-2015
Get solved assignments at nominal price of Rs.120 each.
Mail us at: consult4solutions@gmail.com or contact at
09882651000, 08894387490

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