Description

SESSION	JUL – AUG 2024
PROGRAM	MASTER OF BUSINESS ADMINISTRATION (MBA)
SEMESTER	IV
COURSE CODE & NAME	DOMS403 PRODUCTION, PLANNING AND CONTROL

 

 

Assignment Set – 1

 

1. What are the critical functions and tasks of production control? Also mention the key features of advanced planning and optimization.

Ans 1.

Critical Functions and Tasks of Production Control

Production control is an essential aspect of operations management that ensures the efficient utilization of resources, smooth workflow, and timely delivery of products. It encompasses a series of critical functions and tasks:

1. Planning Planning is the foundation of production control. It involves forecasting demand, setting production targets, and scheduling the production process. The planning phase ensures that the right amount of resources, such as raw materials, labor, and machinery, are available

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2. Mention the different types of inventory controls in detail.

Ans 2.

Different Types of Inventory Controls in Detail

Inventory control is a critical component of production management, ensuring that the right quantity of materials is available at the right time. It involves various techniques to manage inventory effectively:

1. Economic Order Quantity (EOQ)

The EOQ model helps in determining the optimal order quantity that minimizes the total cost of inventory. This includes both ordering costs and holding costs. By calculating EOQ,

 

 

3. What is the purpose of operations scheduling. Discuss the production planning and scheduling and autonomation.

Ans 3.

Purpose of Operations Scheduling

Operations scheduling is a crucial component of production management that aims to allocate resources, set timelines, and ensure that tasks are completed efficiently within specified timeframes. Its primary purpose is to optimize the use of resources, meet customer demands, and maintain smooth workflow processes.

Efficient Resource Utilization Scheduling ensures that all available resources, such as machinery, labor, and materials, are utilized optimally. By avoiding overburdening or

 

 

Assignment Set – 2

 

 

4. Define CIM. Discuss the various aspects of CIM with suitable examples.

Ans 4.

Computer Integrated Manufacturing (CIM)

Computer Integrated Manufacturing (CIM) is a comprehensive approach to production management that integrates computer systems with manufacturing processes. It facilitates seamless coordination between design, production, and business operations, improving overall efficiency and productivity.

Definition of CIM

CIM refers to the use of computer technology to control and automate various aspects of the manufacturing process, including design, planning, production, and inventory management. It

 

 

5. What do you mean by concepts of quality planning. Mention the aspects of human resource in planning.

Ans 5.

Concepts of Quality Planning

Quality planning is a fundamental aspect of quality management that focuses on defining the standards, processes, and resources required to achieve the desired level of quality in products or services. It is the process of identifying customer needs and establishing a systematic approach to ensure that these requirements are consistently met.

1. Definition and Purpose

Quality planning involves identifying quality objectives and developing strategies to achieve

 

 

6. Discuss the Concept of value chain dynamics with examples. Also mention how Industry 4.0 has influenced global outsourcing.

Ans 6.

Concept of Value Chain Dynamics

The concept of value chain dynamics refers to the interlinked activities and processes through which a company delivers value to its customers. It encompasses all stages of production, from raw material acquisition to the delivery of finished goods and services. Value chain dynamics emphasize the importance of optimizing each link in the chain to create competitive advantage.

1. Definition and Importance

Value chain dynamics involve analyzing and improving the relationships between various