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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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or
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(Prefer mailing. Call in emergency )
ASSIGNMENT
DRIVE FALL 2016
PROGRAM MBA
SEMESTER IV
SUBJECT CODE & NAME OM 0017 – Advanced Production Planning & Control
BK ID B2010
CREDIT AND MARKS 4CREDITS AND 60 MARKS
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.
Question. 1. Explain Various Functions of Production Planning and
Control.
Answer: ProductionPlanningandControl (PPC) - Functionsof ProductionPlanningandControl (PPC)
Question. 2. Explain the concept of Master Schedule. Also define
the Characteristics of the master schedule.
Answer: A masterproductionschedule (MPS) isaplanfor individual commodities to be produced 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 completed goods. Since an MPS drives much
factoryactivity,itsaccuracy and viabilitydramaticallyaffectprofitability.Typical MPSsare createdby
software with user tweaking.
Question. 3. Define the various steps of VA.
Answer: There are eight distinct steps that most claims for disability compensation follow. These
phases may vary in time depending on the complexity of the claim, the amount of evidence that
must be gathered to support the claims, and the type of evidence. You are strongly encouraged to

2. submit as much evidence as possible with your claim to help minimize processing time. The eight
steps of claims processing are as follows:
Step 1. Claim Received
Your claim has been received by the VA. If you applied online with VONAPP Direct Connect, you
shouldsee receiptinyourlistof OpenClaims within one hour. If you applied through the U.S. mail,
please allow mailing time plus one week for us to process and record receipt of your claim.
Step 2. Under Review
Your claim has been assigned to a Veterans Service Representative and is being reviewed to
determine if additional evidence isneeded.If we donot needanyadditional information,your claim
will move directly to the Preparation for Decision phase.
Step 3. Gathering of Evidence
Question. 4. Write Short notes on
a. Hybrid 1: MRP with lean principles
Answer: When the demand pattern is very stable and has a radical design change of product, most
of the planningandexecutioncanbe achievedbyusingMRP.However,toprovide betterstability to
the system, some of the lean principles are also used to integrate with MRP. "MRP (Material
RequirementsPlanning)"isaconceptof creatingmaterial plans and production schedules based on
the lead times of a supply chain. However,
b. Hybrid 2: Kanban with MRP planning
Answer: In conventional MRP procedures, production quantities and dates are calculated in
accordance withactual customer/plannedindependentrequirementsandthe requiredquantity and
datesof the componentsare calculatedbyexplodingthe bill of material. The production quantities
can be compiledforvariousrequirements.The creationof lotsizesisbasedonthe selectedlotsizing
procedure.Ineachproductionlevel,the lots are usually produced completely before being passed
on for further processing.
c. Hybrid 3: MRP for capacity and long lead time
Answer: Managers often took obviously inappropriate action because of the old OP, OQ method.
Demand surges invariably caused shortages; small shortages triggered production of parts even
whenpeople knew there would be no near-term demand for the part. Against this flawed system,
MRP—the firstgenerationof whatisnow MRP II—hadobviousmeritandwonwide acceptance very
quickly.1

3. MRP to the Rescue. The concept behind
d. Hybrid 4: Pull system with spike control
Answer: An inventory manager must be able to develop an effective inventory control system to
manage customerdemand.The demandforthe product will control inventory costs, carrying costs,
orderingcostsand storage costs.Inventorycontrol systemsare generallycategorizedas push or pull
models.Knowingthe definitions,advantagesanddisadvantagesof eachsystem will help a company
establish which inventory control method works best for their organization.
Push System: The push system of inventory
Question. 5. Differentiate between Mass Production and Batch
Production.
Answer: The Romans used Mass Production to build a navy from the example of a single
Carthaginian ship to build hundreds of identical ships in a very short period. The Venetian Arsenal
was doing that with shipbuilding by the Medieval Era if not before. The British were using flow
production to manufacture Brown Bess
Question. 6. Elaborate various Elements of cost.
Answer: The following chart shows the various elements of cost and how they are classified.
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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(Prefer mailing. Call in emergency )