working of planning_and_control

Jun 28th, 2015
Studypool Tutor
Acadia University
Price: $25 USD

Tutor description

Inventory Management Inventory management is a core operations management activity. Good inventory management is important for the successful operation of most businesses and their supply chains. Operations, marketing and finance have interests in good inventory management. Poor inventory management hampers operations, diminishes customer satisfaction, and increases operating costs.

Word Count: 1783
Showing Page: 1/9
SET- 1Code No: 2420305IV B. Tech II Semester Regular Examinations, April/May 2009PRODUCTION PLANNING & CONTROL( Mechanical Engineering )Time: 3 HoursMax. Marks 80Answer any FIVE questionsAll questions carry equal marks********1. (a) Discuss the objectives of Production Planning and Control.(b) What do you understand by Control phase? Explain the activities under thisphase.2.(a) What are the different demand patterns on which the sales forecasting isbased? Explain.mco(b) Describe the Delphi method of sales forecasting.3..ld(a) List and explain the different costs of inventory system.(b) The annual demand for an item is 36,000 units. The carrying cost is Rs.0.50roper unit per year. Ordering cost is Rs.25 per order, and the shortage cost is RS.15per unitwtuper year. Find the optimal values of:EOQ, Maximum shortage quantity, Cycle time.nj.w4. (a) Briefly explain the purpose and concept of Line of Balance.(b) What does the bill of materials structure mean? Explain by an example.5. (a) Define the functions of Routing. Explain the concept of Route sheet.ww(b) Describe the different types of scheduling.6. (a) Distinguish between single machine scheduling and flow shop scheduling.(b) Use graphical method to minimize the time needed to process the followingjobs on the machines shown (for each machine, find the job which is to bescheduled first).Also calculate the total elapsed time to complete the jobs.Job 1Job 2Seq

Review from student

Studypool Student
" all I can say is wow very fast work, great work thanks "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1830 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors