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HT TP: //qpa Pe R.W But .Ac .In: 2010-11 Production Planning & Materials Management

This document appears to be an exam for the course "Production Planning & Materials Management". It contains 7 questions related to inventory management, forecasting, production scheduling, and materials requirements planning. The questions include calculations to determine optimal order quantities, comparing forecasting methods, analyzing production schedules, and calculating material requirements for a product structure. The document provides context needed to understand and summarize the content and objectives of the exam.

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Aparna Duggirala
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52 views4 pages

HT TP: //qpa Pe R.W But .Ac .In: 2010-11 Production Planning & Materials Management

This document appears to be an exam for the course "Production Planning & Materials Management". It contains 7 questions related to inventory management, forecasting, production scheduling, and materials requirements planning. The questions include calculations to determine optimal order quantities, comparing forecasting methods, analyzing production schedules, and calculating material requirements for a product structure. The document provides context needed to understand and summarize the content and objectives of the exam.

Uploaded by

Aparna Duggirala
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Name :

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p:/
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Roll No. : ....


Invigilators Signature : ..

CS/M.Tech (IEM)/SEM-1/IEM-104/2010-11

2010-11
PRODUCTION PLANNING &
MATERIALS MANAGEMENT

Time Allotted : 3 Hours

Full Marks : 70

pap

The figures in the margin indicate full marks.

Candidates are required to give their answers in their own words


as far as practicable.
Answer any five questions.

a)

Explain

the

ABC-VED

matrix

of

classification

wb
er.

1.

5 14 = 70
of

materials. How is this classification useful for inventory


management ?
b)

4+3

A seller charges Rs. 1200 per item if the lot quantity is


1500 or less. If the lot quantity is more than 1500 but
less than 2001, then the seller gives a discount of 10%.
The seller gives a discount of 15% if the ordered
Rs.
6000

600

per

units.

or

order

more. The ordering cost is

and

Estimate

the

in
a c.
ut .

quantity is 2001

the

annual

optimal

demand

order

is

quantity

( assume that inventory carrying cost is 20% of the


purchase price per unit per year ).
2.

a)

What is forecasting ? What role does play in the


Exponential
demand ?

40903

Smoothing

method

of

forecasting

of

2+3

[ Turn over

CS/M.Tech (IEM)/SEM-1/IEM-104/2010-11
b)

The annual demand figures from 2001 to 2009 are 40,

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p:/
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52, 48, 58, 64, 75, 70, 76 and 72 ( all figures are in
thousands. Based on the values of MSE, which of the
following two methods give a better result for forecasting
the demand value for 2010 ?

i)

Forecasting using a linear trend equation OR

ii)

Forecasting using smoothing exponential method,


if forecast value for 2001 is 45 and value of
= 04.

3.

a)

What is essentially the difference between deterministic


probabilistic

models

for

pap

and

inventory

control

Elucidate the importance of holding safety stock in a


manufacturing

firm.

When

do

we

usually

intentional shortages and take back orders ?


b)

allow

2+3+2

Describe the purchase procedure of a medium size

wb
er.

engineering enterprise starting from the placement of


requisition for materials to the release of payment.
4.

a)

Why is Stores Management considered to be an


important
Elucidate

function
the

in

benefits

Materials

of

variety

Management

reduction

manufacturing firm.
b)

in

3+3

Explain the role of Master Production Schedule in MRP.

in
a c.
ut .

The following information is available on the product

structure tree of a product Z. Z requires 4 units of A,


2 units of B and 5 units of D. A requires one unit of C,
5 units of E and 2 units of F. B requires 3 units of D

and 5 units of E. D requires 5 units of E and 2 units of


F. The inventory on hand is : 8 units of A, 18 units of B,
20 units of C and 10 units of D. Calculate the number

of units required to be ordered for each of the


components to manufacture 8 units of item Z.
40903

2+6

CS/M.Tech (IEM)/SEM-1/IEM-104/2010-11
5.

Write short notes on any two of the following :

27

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htt
6.

a)

MRP - II

b)

Delphi method of forecasting

c)

Inventory costs

d)

Synchronous manufacturing.

a)

Considering mixed strategy of overtime production,


inventory holding and sub-contracting
formulate most economic aggregate plan and the

ii)

corresponding cost of plan for the air-conditioning

pap

i)

equipment division of Superkool Corporation with


the following information :

6+3

months are :

wb
er.

The projected demand in units ( in hundreds ) for twelve

15, 20, 25, 30, 33, 22, 16, 14, 18, 28, 30 and 17
Maximum regular time production per month = 23 units
Maximum overtime production per month = 5 units

in
a c.
ut .

Maximum sub-contracting allowed per month = 4 units


Cost of regular time production = Rs. 50,000/- per unit
Cost of overtime production = Rs. 55,000/-per unit
Cost of sub-contracting = Rs. 58,000/- per unit

Inventory carrying cost per period = Rs. 1,000/- per unit.

b)
40903

Describe the steps of Production Planning & Control. 5


3

[ Turn over

CS/M.Tech (IEM)/SEM-1/IEM-104/2010-11
7.

a)

/q
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General Electro Steel Castings Ltd. needs to process the


following five jobs in foundry and machine shop. The
processing time for each job is given below :
Work ( Processing ) Time for jobs ( in hours )
Job
Foundry
Machine shop
1
9
7
2
7
11
3
8
4
4
3
6
5
5
2
Determine the completion time of the above jobs and
idle time in foundry and machine-shop using Johnsons
rule.
8

pap

8.

What are Long range and Short range planning.

a)

NuTech Forging Ltd. has received the orders for the


following six jobs. Processing time and Due dates for
delivery are also mentioned alongside. The jobs in the
table ( below ) has been arranged in the order of their
arrival. Using the measures of effectiveness as
i)
average completion time
ii)
utilisation
iii)
average number of jobs in the system
iv)
average job lateness.

wb
er.

b)

b)

40903

in
a c.
ut .

Compare the result of FCFS, SPT, LPT and EDD priority


rules for despatching jobs and make inferences :
9
Job work ( processing ) time Job due date
Job
( days )
( days )
A
7
21
B
11
14
C
15
30
D
3
17
E
10
25
F
4
33
Describe critical ratio : a sequencing rule.

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