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