PRODUCTION PLANNING AND CONTROL

Transcription

1 OM-02 III SEMESTER MBA(OM) EXAMINATION, JANUARY PRODUCTION PLANNING AND CONTROL Time: 3 Hours Max. Marks 80 Instruction: Answer all questions from part A, and answer any five question from part B. PART A (6 X 5 = 30) ANSWER ALL THE QUESTIONS 1. What is production planning and control? What are the differences between production planning and production control? 2. Explain the concept of bill of material? 3. Write short notes on value analysis? 4. What is EOQ? Explain its assumption in detail? 5. Explain functions of inspection? 6. Describe the role of routing? PART B (5 X 10 = 50) ANSWER ANY FIVE QUESTIONS. (CASE STUDY IS COMPULSORY) CASE STUDY 1. Chadha s Creative Concepts designs and manufactures wood furniture. Founded by Anil Chadha in Munirka, New Delhi, the company began by producing custom-made wooden furniture for furniture dealers. Being an outdoors type himself, Anil Chadha originally wanted to bring a bit of the outdoors inside. Chadha s Creative Concepts developed a solid reputation for creative designs and high-quality workmanship. Sales eventually encompassed the entire South Delhi region. Along with growth came additional opportunities. Traditionally, the company had focused entirely on custom-made furniture, with the customer specifying the kind of wood from which the piece would be made. As the company s reputation grew and sales increased, the sales force began selling some of the more popular pieces to retail furniture outlets. This move into retail outlets let Chadha s Creative Concepts into the production of a more standard line of furniture. Buyers of this line were much more price sensitive and imposed more stringent delivery requirements than did clients for the custom line. Custom designed furniture, however, continued to dominate sales, accounting for 60 percent of volume and 75 percent of rupee sales. Currently, the company operates a single manufacturing facility in Panchkuian, where both custom and standard furniture is manufactured. The equipment is mainly general purpose in nature in order to provide the flexibility needed for producing custom pieces of

2 furniture. The layout groups saws in one Section of the facility, lathes in another, and so on. The quality of the finished product reflects the quality of the wood chosen and the craftsmanship of individual workers. Both customs and standard furniture compete for processing time on the same equipment by the same crafts people. During the past few months, sales of the standard line have steadily increased, leading to more regular scheduling of this line. However, when scheduling trade-offs had to be made, custom furniture was always given priority because of its higher sales and profit margins. Thus, scheduled lots of standard furniture pieces were left sitting around the plant in various stages of completion. As he reviews the progress of Creative Concepts, Chadha is pleased to note that the company has grown. Sales of custom furniture remain strong, and sales of standard pieces are steadily increasing. However, finance and accounting have indicated that profits are not what they should be. Costs associated with the standard line are rising. Rupees are being tied up in inventory, both of raw materials and work in process. Expensive public warehouse space has to be rented to accommodate the inventory volume. Chadha also is concerned with increased lead times for both custom and standard orders, which are causing longer, promised delivery times. Capacity is being pushed, and no space is left in the plant for expansion. Chadha decides that the time has come to take a careful look at the overall impact that the new standard line is having on his operations. 7. What types of decisions must Anil Chadha make daily for his company s operations to run effectively? Over the long run? (10 marks) 8. Explain various types of production system with merits and demerits? 9. What is MRP I? Explain the process and problems of Material Requirement planning? 10. Write short notes on a) P&Q inventory system b) ABC analysis 11. Explain 8R s in purchasing? 12. What are the various functions of stores department? 13. What is scheduling? Explain various types of scheduling?

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4 OM-03 III SEMESTER MBA(OM) EXAMINATION, JANUARY-2013 SAFETY AND MAINTENANCE MANAGEMENT Time: 3 Hours Max. Marks 80 Instruction: Answer all questions from part A, and answer any five questions from part B. PART A (6 X 5 = 30) ANSWER ALL THE QUESTIONS 1. Discuss the role of safety management? 2. Explain the need of safety education? 3. Discuss the process of safety plan? 4. What is maintenance? Explain the benefits of routine maintenance? 5. Write short notes on maintenance audit? 6. Explain the objectives of Total Productive Maintenance? PART B (5 X 10 = 50) ANSWER ANY FIVE QUESTIONS. (CASE STUDY IS COMPULSORY) 7. Describe the important measures required for the control of accidents in a chemical industry. Analyze the cause of an accident and suggest suitable measures to be taken. (Compulsory) 8. Discuss the structure and functions of the safety department? 9. Discuss various safety plans and method of implementation of plan? 10. Explain the importance of safety training for better safety management and explain the safety training methods? 11. What is maintenance? Explain various types of maintenance? 12. Discuss briefly the various techniques for condition based maintenance. 13. Discuss the processes in details for maintenance planning and scheduling.

5 OM-01 III SEMESTER MBA(OM) EXAMINATION,JANUARY-2013 PROJECTS SYSTEM MANAGEMENT Time: 3 Hours Max. Marks 80 Instruction: Answer all questions from part A, and answer any five questions from part B. PART A (6 X 5 = 30) I. ANSWER ALL THE QUESTIONS 1. What is project management? Give its scope? 2. Write short notes on uncertainty in projects? 3. Discuss the important criteria for a successful project? 4. Explain various types of resources? 5. Explain the process of project implementation? 6. Define team? Explain the qualities of a project team leader? PART B (5 X 10 = 50) II. ANSWER ANY FIVE QUESTIONS. (CASE STUDY IS COMPULSORY) 7. CASE STUDY The officers of the student community service organization which collects and buys food and distributes it to people in need of a local college are having their February meeting. Sitting in the meeting room are Beth Smith, the organization s volunteer coordinator. Beth announces, Our funds are almost exhausted. The demands on the food bank have been increasing. We need to figure out how to get more funds. We need to have a fundraising project, responds Rosemary. They re strained. They may even cut our allocation next year. Replies Beth. How much do we need to get us through this year? asks Rosemary. About $10,000, answers Beth, and we are going to start needing that money in about two months. We need a lot of things besides money. We need more volunteers, more space for storage, and more food donation, says Steve. Well, I guess we can make that all part of the fundraising project. This is going to be fun! says Rosemary excitedly. This project is growing. We ll never get it done in time, Beth says. Rosemary responds, We ll, figure it out and get it done. We always do. Is a project what we need? What are we going to do next yearanother project? asks Steve. Besides, we re having a hard time getting volunteers anyway.

6 Maybe we need to think about how we can operate with less funds. For example, how can we get more food donations on a regular basis so we won t have to buy as much food? Rosemary jumps in. Great idea! You can work on that while we also try to raise funds. We can t leave any stone unturned. Time out, says Beth. These are all very good ideas, but we have limited funds and volunteers and a growing demand. We need to do something now to make sure we don t have to close out doors in tow months. I think we all agree we need to undertake some type of initiative. But, I m not sure we all agree on the objective. 8. What are the needs that have been identified in this case? What are theobjectives of this project? (Compulsory) 9. Explain different types of risks involved in the project? 10. Explain various types of project with examples? 11. Explain the various stages of Project Life Cycle with suitable example of project 12. Describe the tools and techniques of project management? 13. Explain various approaches for assessing financial and economic viability of a project? 14. Explain the process of project contract?