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    HSMC 501

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    Sagar Chakraborty
    The document discusses topics related to industrial management including just-in-time, production planning and control, critical path method, program evaluation and review technique, inventory management, and economic order quantity. Example problems are provided to calculate minimum stock level, reorder level, expected project completion time, probability of meeting due dates, and economic order quantity.

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    HSMC 501

    Uploaded by

    Sagar Chakraborty
    21 views2 pages
    The document discusses topics related to industrial management including just-in-time, production planning and control, critical path method, program evaluation and review technique, inventory management, and economic order quantity. Example problems are provided to calculate minimum stock level, reorder level, expected project completion time, probability of meeting due dates, and economic order quantity.

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    University Question Paper

    Original Title

    HSMC‐501

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    The document discusses topics related to industrial management including just-in-time, production planning and control, critical path method, program evaluation and review technique, inventory management, and economic order quantity. Example problems are provided to calculate minimum stock level, reorder level, expected project completion time, probability of meeting due dates, and economic order quantity.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    21 views2 pages

    HSMC 501

    Uploaded by

    Sagar Chakraborty
    The document discusses topics related to industrial management including just-in-time, production planning and control, critical path method, program evaluation and review technique, inventory management, and economic order quantity. Example problems are provided to calculate minimum stock level, reorder level, expected project completion time, probability of meeting due dates, and economic order quantity.

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    © All Rights Reserved
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    of 2

    CS/B.

    TECH(N)/ODD/SEM-5/5508/2022-2023/I139

    MAULANA ABUL KALAM AZAD UNIVERSITY OF TECHNOLOGY, WEST BENGAL


    Paper Code : HSMC-501 Introduction to Industrial Management (Humanities III)

    Time Allotted : 3 Hours Full Marks :70


    The Figures in the margin indicate full marks.
    Candidate are required to give their answers in their own words as far as practicable

    Group-A (Very Short Answer Type Question)

    1. Answer any ten of the following : [ 1 x 10 = 10 ]


    (I) ___________ is decided on the basis of ordering cost and carrying cost.
    (II) What is GOLF Analysis
    (III) What is Function Cost Matrix?
    (IV) ERP supports __________ currency value
    (V) Which type of organization is temporary by nature
    (VI) Which colour is used to illustrate actual progress in bar charts?
    (VII) What is the symbol for activity in a network diagram?
    (VIII) ___________ shows minimum stock to be maintained.
    (IX) Production Planning and Control function is crucial for ensuring efficiency and cost savings in_
    (X) State the types of values

    (XI) Who is the head of production department?


    (XII) What is PERT Analysis?

    Group-B (Short Answer Type Question)


    Answer any three of the following [ 5 x 3 = 15 ]

    2. List, in order, the six steps basic to both PERT and CPM. [5]
    3. Calculate minimum stock level, maximum stock level, and re-ordering level: [5]
    (i) Maximum Consumption = 300 units per day
    (ii) Minimum Consumption = 180 units per day
    (ii) Normal Consumption =190 units per day
    (iv) Reorder period = 10-15 days
    (v) Reorder quantity = 2,000 units
    (vi) Normal reorder period = 13 days.
    4. Discuss the difference between CPM and PERT. [5]
    5. State the difference between Industrial management and Product Management [5]
    6. What is Job Shop Production? [5]

    Group-C (Long Answer Type Question)


    Answer any three of the following [ 15 x 3 = 45 ]

    7. (a) Write a short note on JIT. [5]


    (b) State the advantages of JIT. [ 10 ]
    8. (a) State the difference between authority and responsibility [8]
    (b) State the process of creating an organization [7]
    9. (a) State the types of formal organization [ 10 ]
    (b) Write a short note on informal organization [5]

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    10. A small project is composed of 7 activities whose time estimates are listed below. Activities are being identified [ 15 ]
    by their beginning (i) and ending (j) node numbers.
    Activities Time in weeks

    i j to tl tp

    1 2 1 1 7

    1 3 1 4 7

    1 4 2 2 8

    2 5 1 1 1

    3 5 2 5 14

    4 6 2 5 8

    5 6 3 6 15

    1. Draw the network


    2. Calculate the expected variances for each
    3. Find the expected project completed time
    4. Calculate the probability that the project will be completed at least 3 weeks than expected
    5. If the project due date is 18 weeks, what is the probability of not meeting the due date?

    11. A manufacturing company places a semi-annual order of 24,000 units at a price of Rs. 20 per unit. Its carrying [ 15 ]
    cost is 15% and the order cost is Rs. 12 per order.
    Calculate:

    1. What is the most economical order quantity?


    2. How many orders need to be placed?

    *** END OF PAPER ***

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