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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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