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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
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ASSIGNMENT
DRIVE SPRING 2016
PROGRAM MBA
SEMESTER IV
SUBJECT CODE & NAME OM 0017 – ADVANCED PRODUCTION PLANNING
ANDCONTROL
BK ID B2010
Credit & Marks 4 CREDIT, 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 Descriptive and Normative Theories of
production planning and control.
Answer:Theory of production means knowledge of what is permanent and normal in industrial
production.Traditionally,thisknowledge hasbeenaccumulatedintacitforminthe professional skill
of industrial managersandartesans,but today more and more of it is being documented in writing
by researchers.
Most
Question.2. Explain the concept of Master Schedule. Also define
Time Horizon of Master Schedule.
Answer:A masterproductionschedule (MPS) isaplanforindividual 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
factory activity, its accuracy and viability

2. Question.3. Write short notes on the following
a.Hybrid system
Answer:A hybrid system is a dynamic system that exhibits both continuous and discrete dynamic
behavior– a systemthatcan both flow(describedbyadifferential equation) andjump(describedby
a difference equation or control graph). Often, the term "hybrid dynamical system" is used, to
distinguishoverhybridsystemssuchasthose that combine neural nets and fuzzy logic, or electrical
and mechanical drivelines.A hybridsystemhasthe benefitof encompassingalargerclassof systems
within its structure, allowing
b. What-if stimulation
Answer:It depends on what your symptoms are. If you have essential tremor, your tremor will not
be controlled. While this is an annoyance, it is generally not considered an emergency, but you
should contact your neurosurgeon or the STIM team to have the stimulator replaced as soon as
possible.If youhave Parkinson’sdisease,the symptomsof tremor,slowness,andstiffnessmaycome
back infull force overa couple of days.In some cases,thiscan be an emergencybecause youmaybe
unable to move. Most patients are on less
c. Turnkey or off-the-shelf solutions
Answer:A turnkeyor a turnkeyproject(alsospelledturn-key) is a type of project that is constructed
so that itcould be sold to any buyer as a completed product. This is contrasted with build to order,
where the constructor builds an item to the buyer's exact specifications, or when an incomplete
product is sold with the assumption that the buyer would complete it.
d. Management by Objectives (MOB)
Answer:Management by objectives (MBO), also known as management by results (MBR), was first
popularized by Peter Drucker in his 1954 book The Practice of Management. Management by
objectivesisthe processof definingspecificobjectiveswithinan organization that management can
conveyto organizationmembers,thendecidingonhow toachieve each objective in sequence. This
process allows management to take work
Question.4. Define Production planning. Briefly explain various
levels of Production Planning.

3. Answer:Production planning is the function of establishing an overall level of output, called the
production plan. The process also includes any other activities needed to satisfy current planned
levelsof sales,whilemeetingthe firm'sgeneral objectivesregardingprofit,productivity, lead times,
and customer satisfaction, as expressed in the overall business plan. The managerial objective of
production planning is to develop an
Question.5. Differentiate between Mass Production and Batch
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 - Productionof a particularcomponent or product in a production system that can
handle large volume of productionbutwithverylittle to no variety in the design of the component
or product. For example, an automobile ancillary can
Question.6. Write short notes on the following
a.Benchmarking
Answer:Benchmarking is the process of comparing one's business processes and performance
metricsto industrybestsandbest practices from other companies. Dimensions typically measured
are quality,time andcost.Inthe processof bestpractice benchmarking,managementidentifies the
bestfirmsintheirindustry,or in another industry where similar processes exist, and compares the
results and processes of those studied (the "
b. Budgeting
Answer:A budgetisa quantitative expression of a plan for a defined period of time. It may include
plannedsalesvolumesandrevenues,resource quantities,costsandexpenses, assets, liabilities and
cash flows. It expresses strategic plans of business units, organizations, activities or events in
measurable terms.International Budget Partnership regularly monitors global budget information
for the civil society.
d. Kaizen Costing
Answer:Kaizen costing is a cost reduction system. YashihuroModen defines kaizen costing as "the
maintenance of presentcostlevelsforproductscurrentlybeingmanufacturedviasystematic efforts
to achieve the desired cost level." The word kaizen is a Japanese word meaning continuous
improvement.

4. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
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