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Description
SESSION | JUL – AUG 2024 |
PROGRAM | MASTER OF BUSINESS ADMINISTRATION (MBA) |
SEMESTER | IV |
COURSE CODE & NAME | DOMS403 PRODUCTION, PLANNING AND CONTROL |
Assignment Set – 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:
- 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
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- 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:
- 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, businesses can avoid
- 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
Assignment Set – 2
- 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.
- 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
- 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