WE PROVIDE
CASE STUDY ANSWERS
ASSIGNMENT SOLUTIONS
PROJECT REPORTS AND THESIS
ISBM / IIBMS / IIBM / ISMS / KSBM / NIPM
SMU / SYMBIOSIS / XAVIER / NIRM / PSBM / NSBM ISM / IGNOU / IICT / ISBS / LPU / ISM&RC / NMIMS ISBS / MANIPAL / GARUDA / HIMALAYA / IMT / IC MIND / IACT / UPES / IIMRT
MBA - EMBA - BMS - GDM - MIS - MIB
DMS - DBM - PGDM - BBM – DBA – PGDM
ARAVIND
09901366442 – 09902787224
MATERIAL
MANAGEMENT
1. What is supply chain? Describe five
important factors in supply chains.
2. A company wants to develop a level
production plan for a family of products. The opening
inventory is 600 units, and a
decrease to 200 units is expected by the end of the plan. The
demand for each of the months is
given in what follows. How much should the company produce
each month? What will be the ending
inventory in each month? Do you see any problems with
the plan?
3. What are the major inputs to the MRP
system?
4. Define “capacity available” what are
the four factors that affect it?
5. If purchase were 45% of sales and other
expenses were 45% of sales, what would be the increase
in profit if, through better
purchasing, the cost of purchases was reduced to 43% of sales?
6. What is bias error in forecasting? What
are some of the causes?
7. Define each of the following in your
own words and as a formula:
a. Annual ordering cost
b. Annual Carrying cost
c. Total annual cost.
8. Why
is cycle counting a better way to audit inventory records than an annual
physical inventory?
9. Describe general-purpose and
special-purpose machinery. Compare each for flexibility of use,
operator involvement, run time per
piece, setup time, quality, capital cost and application.
10. What is the difference between ISO 9001,
9002 and 9003?
MATERIAL
MANAGEMENT
1. What is the objective of marketing?
What three ways will help it achieve this objective?
2. For the following data, calculate the
number of workers required for level production and the resulting month-end
inventories. Each worker can produce 9 units per day, and the desired ending
inventory is 800 units. Why is it not possible to reach the ending inventory
target
3. What is a scheduled receipt? From where
does it originate?
4. What are the two ways of balancing
capacity available and load? Which is preferred? Why?
5. A company is negotiating with a
potential supplier for the purchase of 10,000 widgets. The company estimates
that the supplier’s variable costs are $5 per unit and that the fixed costs,
depreciation, overhead etc., are $5000. The supplier quotes a price of $10 per
unit. Calculate the estimated average cost per unit. Do you think $10 is too
much to pay? Could the purchasing department negotiate a better price?
6. What action should be taken when
unacceptable error is found in tracking a forecast?
7. How do each of the following influence
inventory decisions?
a. Lumpy Demand
b. Minimum orders
c. Transportation Costs
d. Multiples
8. Why is stock location important in a
warehouse? Name and describe four basic systems of stock location?
9. A company has an annual demand for a
product of 1000 units, a carrying cost of $20 per unit per year, and a setup
cost of $100. Through a program of setup reduction, the setup cost is reduced
to $10. Run costs are $2 per unit. Calculate:
a. The EOQ (Economic Order Quality) before
setup reduction
b. The EOQ (Economic Order Quality) after
setup reduction
c. The total and unit cost before and
after setup reduction.
10. Why was the third party registration
system established for ISO 9000 certification?
MATERIAL
MANAGEMENT
1.
What is wealth, and how is it created? What is
value added, and how is it achieved? Explain with examples?
2.
What
is a material requirements plan? What is the difference between dependent and
independent demand? Explain with examples.
3.
Complete the following table. Lead time for the
part is two weeks. The lot size is 100. What is the projected available at the
end of week 3? When is it planned to release an order?
4.
What
is capacity planning? What are the responsibilities of capacity
management? Describe the steps
in capacity planning? Explain with examples?
5.
What
is the responsibility of production activity control? What are the major
functions of planning, implementation & control? Explain with examples?
6.
An order for 50 of a product is processed on
world centers A and B. The setup time on A in 60 minutes, and run time is 5
minutes per piece. The setup time on B is 30 minutes and the run time is 6
minutes per piece. Wait time between the two operations is 10 houses. The move
time between A and B is 60 Minutes. Wait time after operations is 10 houses.
The move time into stores is 2 houses. The move time into stores is 2 hours.
Queue at work center A is 40 hours and at B is 35 hours. Calculate the total
manufacturing lead time for the order. And also calculate the total
manufacturing lead time for the order.
7.
What
is period order quantity? How is it established? When can it be used? Explain
with examples? Also define
1) Annual ordering cost
2) Annual Carrying cost 3)
Total annual cost.
With some examples?
8.
The standard deviation of demand during the lead
time is 100 units.
a)
Calculate
the safety stock required to increase the service levels from 75% to 80%, 85%
to 90%, 90% to 99.99% ? What conclusion do you reach.
b)
Calculate the change in safety stock required
for the following service levels: 75%, 80%, 85%, 90%, 95%, 99.99%
9.
What
are the five basic modes of transportation? What are the three physical
elements in the transportation system? For each of the five modes, describe who
provides them and how they are funded. Also describe why train services are
cheaper than road transport for bulky items and why trucks provide a fast
flexible service.
10.
What
is valve to the user? How is it related to quality? What are the elements of
product cycle loop? For what is each responsible? Prepare a situation in which
the above terms can be easily explained an illustrated.
OPERATION MANAGEMENT
1. How would operations strategy for a
service industry be different if any from that for a
manufacturing industry ? (Its an example & explain)
2. Consider the following two mutually
exclusive projects. The net cash flows
are given
below:
YEAR NET CASH FLOWS FROM PROJECT A NET
CASH FLOWS FROM PROJECT B
0 -
Rs. 1,00,000 - Rs.
1,00,000/-
1 + Rs. 30,000 + Rs. 15,000/-
2 + Rs. 35,000 + Rs. 17,500/-
3 + Rs. 40,000 + Rs. 20,000/-
4 + Rs. 45,000 + Rs. 22,500/-
5 + Rs. 25,000/-
6 + Rs. 27,500/-
7 + Rs. 30,000/-
8 + Rs. 32,500/-
If the
desired rate of return is 10% which project should be chosen?
3. What are the levels of aggregation in
forecasting for a manufacturing organization?
How
should this hierarchy of forecasts
be linked and used ?
4. How would forecasting be useful for operations
in a BPO (Business processes outsourcing)
unit ? What factors may be important for this
industry ? Discuss .
5. A good work study should be followed by
good supervision for getting good results.
Explain with an example.
6. What is job evaluation ? Can it be alternatively used as job ranking
? How does one
ensure that job evaluation
evaluates the job and not the man ?
Explain with examples ?
7. What is the impact of technology on
jobs ? What are the similarities between
job
enlargement & job rotation ? Discuss the importance of training in the
content of job
redesign ? Explain with examples ?
8. What is an internet connectivity ? How is it important in to days business would
with
respect to materials requirement
planning & purchasing. Explain with
examples ?
9. Would a project management organization
be different from an organization for regular
manufacturing in what ways. Examples.
10. How project evaluation different from
project appraisal? Explain with
examples.
ARAVIND
09901366442 – 09902787224
No comments:
Post a Comment