Fall 2010

Masters in Business Administration-MBA Semester IV OM0008 Advanced Production Planning & Control 2 Credits Book ID: B1162 Assignment Set-1 (30 Marks)
Note: Each question carries 10 Marks. Answer all the questions.

1. To optimize and ensure smooth production, Production Planning and Control works as an integrated system. Explain briefly how this integrated working will benefit the manufacturing unit. 2. List the various elements of Flexible Manufacturing System and explain each of them briefly. 3. Explain briefly production processes and characteristics that facilitates achieve set goals that are to be analysed by planners for synchronous production.

Fall 2010

Masters in Business Administration-MBA Semester IV OM0008 Advanced Production Planning & Control 2 Credits Book ID: B1162 Assignment Set-2 (30 Marks)
Note: Each question carries 10 Marks. Answer all the questions.

1. From the supply data given below develop a linear regression equation with the help of a least square method and calculate the constants a and b in the regression equation. Also forecast a trend value for the year 2009 and 2015 (Hint: Refer Unit 4 section 4.13)
Year Supply 1998 4 1999 5 2000 8 2001 12 2002 10 2003 9 2004 14 2005 16 2006 16 2007 20 2008 22

2. What is meant by Economic Order Quantity? Explain with the help of a sketch the relationship matrix of EOQ with annual inventory cost, annual inventory carrying cost, and annual ordering costs? 3. Explain with an example how Production cost could be minimized through proper scheduling.