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ASSIGNMENT
DRIVE WINTER 2014
PROGRAM MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4) /
PGDISMN – (SEM 2)
SUBJECT CODE & NAME OM0017 – ADVANCED PRODUCTION AND PLANNING
CONTROL
BK ID B1342
CREDITS 4
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.
Q1. a. What is the importance of production planning and control?
b. What factors affect inventory planning and control? c. What is the difference between batch
and mass production?
Answer: Importance of production planning and control: Production planning and control is
important for an organisation in different ways. Let us discuss its importance:
· Reduces cost of production by minimizing wastage of material and economic utilization of
resources
Q2. What is a master schedule? Explain.
Answer: Master Schedule: Master schedule is the presentation of the production schedule at
the summarylevel,depictingvariouskeyelements,resultingfromthe processof master scheduling.
In simple words, it can also be said that the masterschedule is a plan or format that integrates and
relates other production processes such as demand management, inventory planning and
capacity planning.
Features of a master
Q3. What are the different types of planning and scheduling tools? Explain.
Answer: Types of Planning and Scheduling Tools: Depending upon the requirements of the
production process, manufacturing organisations use different types of planning and scheduling
tools. There are no set parameters to opt for a particular tool.
Turnkey or off-the-shelf solutions
Custom systems
Excel and visual basic tools
Turnkey or off-the-shelf solutions:Turnkeyoroff-the-shelf solutionsare ready-made solutions that
a manufacturercan use withoutspendinganytime intheircustomisationor development. It takes a
lotof time forplanningandschedulingtoolstobe customisedif a manufacturer wants to develop it
from the beginning. After the
Q4. a. What are the pillars of lean production? b. What factors should be considered while
implementing a production planning and control system?
Answer: pillars of lean production: The foundation of lean production stands on just-in-time and
Jidoka,which are referredasthe twopillarsof lean production. Both these pillars provide the basis
for leanproductionbyprovidingsome importantconceptsin lean production such as pull system, 3
Ms, 5S, fail proofing system, etc.Let us now discuss
Q5. 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 followingthe 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 inthe case study? Evaluate why thisissue 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:
Q6. Write short notes on:
 Ø Cost centre
 Ø Objectives of sales and operations planning
 Ø Bills of Distribution (BOD)
 Ø Advanced scheduling
Answer: Cost centre: According to the Chartered Institute of Management Accountants, London,
a cost centre is“a location, person, or item of equipment (or a group of these) for which costs may
be ascertained and used for the purpose of costcontrol.” In simple words, a cost centre can be
defined as a machine, a department, a person, or a group of persons for which the cost is
ascertained. A cost centre helps in controlling cost by artif
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
Call us at : 08263069601

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Om0017 – advanced production and planning control

  • 1. 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) / MBAN2 / MBAFLEX – (SEM 4) / PGDISMN – (SEM 2) SUBJECT CODE & NAME OM0017 – ADVANCED PRODUCTION AND PLANNING CONTROL BK ID B1342 CREDITS 4 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. Q1. a. What is the importance of production planning and control? b. What factors affect inventory planning and control? c. What is the difference between batch and mass production? Answer: Importance of production planning and control: Production planning and control is important for an organisation in different ways. Let us discuss its importance: · Reduces cost of production by minimizing wastage of material and economic utilization of resources Q2. What is a master schedule? Explain. Answer: Master Schedule: Master schedule is the presentation of the production schedule at the summarylevel,depictingvariouskeyelements,resultingfromthe processof master scheduling. In simple words, it can also be said that the masterschedule is a plan or format that integrates and relates other production processes such as demand management, inventory planning and capacity planning. Features of a master Q3. What are the different types of planning and scheduling tools? Explain.
  • 2. Answer: Types of Planning and Scheduling Tools: Depending upon the requirements of the production process, manufacturing organisations use different types of planning and scheduling tools. There are no set parameters to opt for a particular tool. Turnkey or off-the-shelf solutions Custom systems Excel and visual basic tools Turnkey or off-the-shelf solutions:Turnkeyoroff-the-shelf solutionsare ready-made solutions that a manufacturercan use withoutspendinganytime intheircustomisationor development. It takes a lotof time forplanningandschedulingtoolstobe customisedif a manufacturer wants to develop it from the beginning. After the Q4. a. What are the pillars of lean production? b. What factors should be considered while implementing a production planning and control system? Answer: pillars of lean production: The foundation of lean production stands on just-in-time and Jidoka,which are referredasthe twopillarsof lean production. Both these pillars provide the basis for leanproductionbyprovidingsome importantconceptsin lean production such as pull system, 3 Ms, 5S, fail proofing system, etc.Let us now discuss Q5. 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
  • 3. 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 followingthe 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 inthe case study? Evaluate why thisissue 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: Q6. Write short notes on:  Ø Cost centre  Ø Objectives of sales and operations planning  Ø Bills of Distribution (BOD)  Ø Advanced scheduling Answer: Cost centre: According to the Chartered Institute of Management Accountants, London, a cost centre is“a location, person, or item of equipment (or a group of these) for which costs may be ascertained and used for the purpose of costcontrol.” In simple words, a cost centre can be defined as a machine, a department, a person, or a group of persons for which the cost is ascertained. A cost centre helps in controlling cost by artif Dear students get fully solved assignments Send your semester & Specialization name to our mail id : “ help.mbaassignments@gmail.com ” or Call us at : 08263069601