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Production and Operations Management
Notes Master Plan: A plan that contains all the constituents of the production process that would
finally lead to the resultant product.
Material Planning: It is a technique of determining the requirements of raw materials,
components, spares etc., required for the manufacturing of the product.
Production Control: It measures the actual performance of production units and taking remedial
action called for to see that the production actually achieved is not less than the target.
Production Planning: It is concerned with the planning of various for a given period of time so
that the customer could get the right quality of products at right place, price and in time.
13.9 Review Questions
1. Production Management is concerned with basically the two important functions. Describe
those two functions.
2. What is the significance of an ideal assembly line?
3. Timing decision assist the production process in accomplishment of organizational goals.
Justify.
4. Production Planning and Control is to set the realization targets in terms of Standard
Output, measure the actual production performance against the target set in advance and
take remedial action as and when necessary. Explain.
5. Define the concept of dovetailing of plans and also signify the usage extent of this
conception in production planning.
6. Describe MRP and its process. Also explain the benefits of MRP System.
7. Explain the planning that may be defined as ‘Intermediate Planning’ and is normally done
for a period of up to one year’s time.
8. Differentiate among the Production Planning Problems in Job Shop Production and
Continuous Systems.
9. In what way aggregate planning contribute its significance to production management?
10. What is the importance of time horizon in production planning and controlling?
Answers: Self Assessment
1. Production control 2. Production Planning
3. Mass production 4. Different
5. Forecast 6. Sub contracting
7. Graphical 8. Material Planning
9. Ordering 10. Master plan
11. Intermediate, short 12. Demand
13. Minimum 14. Equal
15. Desired
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