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OM 0017 — Advanced Production and Planning Control

(Spring/Feb 2013)
Master of Business Administration – MBA Semester 4
“Operations Management” Specialization
OM 0017 — Advanced Production and Planning Control (4 credits)
(Book ID: B1342)
Marks 60
Note: Assignment Set -1 must be written within 6-8 pages. Answer all questions.
Q1. Explain the classification of inventory items and control techniques 10 marks(300-400)words
Answer : Various inventory control methods exist. For the small business, the inventory control method used has a major impact on the business  cash flow and operational cost. Whatever inventory control method a company uses, the goals for managing inventory hold true regardless of industry or product. These goals include maximizing customer service, lowering operational cost and minimizing inventory investment.
ABC Control
Q2. Elucidate capacity scheduling and aggregate capacity scheduling. 10 marks(300-400)words
Answer : Proper aggregate planning is the key to an organization’s performance. An aggregate plan defines a company’s production rates, workforce levels and inventory position with respect to market demand and available capacity. Aggregate planning balances market demand and the production rate of the organization. This enables the organizations to reduce costs, and helps in optimizing the utilization of
Q3. Describe lean and agile manufacturing 10 marks(300-400)words
Answer : It was in 1989, that for the first time the world was introduced to the term ‘lean production’ as it was coined in by MIT. On the other hand, Agile Manufacturing can trace its origins in a research study by Lehigh University in the early 90s.
Before discussing lean and agile, it’s important to place lean manufacturing in context with the traditional mass production principles. Lean
manufacturing does away with many
Q4. Outline scheduling guidelines and constraints. 10 marks(300-400)words
Answer : Scheduling guidelines
When scheduling buildings and rooms for sections, Tier 1 and Tier 2 refer to the access a department will have to a specific building. If a department has Tier 1 access to a building it means that they have priority to book into the unrestricted rooms in that building. In between certain dates the building is only available to the Tier 1
Q5. Outline scheduling guidelines and constraints .10 marks(300-400)words
Answer :
Ø  Scheduling guidelines
When scheduling buildings and rooms for sections, Tier 1 and Tier 2 refer to the access a department will have to a specific building. If a
Q6. What are the problems or criticisms of outsourcing 10 marks(300-400)words
Answer : India Outsourcing Problems
Businesses in America began heavily outsourcing work to India in the 1990’s. It was a way to save on overhead and production cost. Jobs such as manufacturing to telemarketing and customer service centres became a booming business in India. Outsourcing to India has not come without issues. Problems have surfaced in both customer service and product quality. Outsourcing has not come without heavy criticism.

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