WE PROVIDE CASE STUDY ANSWERS, ASSIGNMENT SOLUTIONS, PROJECT REPORTS AND THESIS
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MATERIAL
MANAGEMENT
1.
What is the objective of marketing? What three
ways will help it achieve this objective?
2.
For the following data, calculate the number of
workers required for level production and the resulting month-end inventories.
Each worker can produce 9 units per day, and the desired ending inventory is
800 units. Why is it not possible to reach the ending inventory target
3.
What is a scheduled receipt? From where does it
originate?
4.
What are the two ways of balancing capacity
available and load? Which is preferred? Why?
5.
A company is negotiating with a potential
supplier for the purchase of 10,000 widgets. The company estimates that the
supplier’s variable costs are $5 per unit and that the fixed costs,
depreciation, overhead etc., are $5000. The supplier quotes a price of $10 per
unit. Calculate the estimated average cost per unit. Do you think $10 is too
much to pay? Could the purchasing department negotiate a better price?
6.
What action should be taken when unacceptable
error is found in tracking a forecast?
7.
How do each of the following influence inventory
decisions?
a.
Lumpy Demand
b.
Minimum orders
c.
Transportation Costs
d.
Multiples
8.
Why is stock location important in a warehouse?
Name and describe four basic systems of stock location?
9.
A company has an annual demand for a product of
1000 units, a carrying cost of $20 per unit per year, and a setup cost of $100.
Through a program of setup reduction, the setup cost is reduced to $10. Run
costs are $2 per unit. Calculate:
a.
The EOQ (Economic Order Quality) before setup
reduction
b.
The EOQ (Economic Order Quality) after setup reduction
c.
The total and unit cost before and after setup
reduction.
10. Why was
the third party registration system established for ISO 9000 certification?
MATERIAL
MANAGEMENT
1.
What is wealth, and how is it created? What is
value added, and how is it achieved? Explain with examples?
2.
What
is a material requirements plan? What is the difference between dependent and
independent demand? Explain with examples.
3.
Complete the following table. Lead time for the
part is two weeks. The lot size is 100. What is the projected available at the
end of week 3? When is it planned to release an order?
4.
What
is capacity planning? What are the responsibilities of capacity
management? Describe the steps
in capacity planning? Explain with examples?
5.
What
is the responsibility of production activity control? What are the major
functions of planning, implementation & control? Explain with examples?
6.
An order for 50 of a product is processed on
world centers A and B. The setup time on A in 60 minutes, and run time is 5
minutes per piece. The setup time on B is 30 minutes and the run time is 6
minutes per piece. Wait time between the two operations is 10 houses. The move
time between A and B is 60 Minutes. Wait time after operations is 10 houses.
The move time into stores is 2 houses. The move time into stores is 2 hours.
Queue at work center A is 40 hours and at B is 35 hours. Calculate the total
manufacturing lead time for the order. And also calculate the total
manufacturing lead time for the order.
7.
What
is period order quantity? How is it established? When can it be used? Explain
with examples? Also define
1) Annual ordering cost
2) Annual Carrying
cost 3) Total annual cost. With some examples?
8.
The standard deviation of demand during the lead
time is 100 units.
a)
Calculate
the safety stock required to increase the service levels from 75% to 80%, 85%
to 90%, 90% to 99.99% ? What conclusion do you reach.
b)
Calculate the change in safety stock required
for the following service levels: 75%, 80%, 85%, 90%, 95%, 99.99%
9.
What
are the five basic modes of transportation? What are the three physical
elements in the transportation system? For each of the five modes, describe who
provides them and how they are funded. Also describe why train services are
cheaper than road transport for bulky items and why trucks provide a fast
flexible service.
10.
What
is valve to the user? How is it related to quality? What are the elements of
product cycle loop? For what is each responsible? Prepare a situation in which
the above terms can be easily explained an illustrated.
MATERIAL
MANAGEMENT
1.
What is supply chain? Describe five important
factors in supply chains.
2.
A company wants to develop a level production
plan for a family of products. The opening
inventory is 600 units, and a decrease to 200 units is expected by the
end of the plan. The
a.
demand for each of the months is given in what
follows. How much should the company produce
b.
each month? What will be the ending inventory in
each month? Do you see any problems with
c.
the plan?
2. What
are the major inputs to the MRP system?
3. Define
“capacity available” what are the four factors that affect it?
4. If
purchase were 45% of sales and other expenses were 45% of sales, what would be
the increase
5. in
profit if, through better purchasing, the cost of purchases was reduced to 43%
of sales?
6. What is
bias error in forecasting? What are some of the causes?
7. Define
each of the following in your own words and as a formula:
a.
Annual ordering cost
b.
Annual Carrying cost
c.
Total annual cost.
8. Why is
cycle counting a better way to audit inventory records than an annual physical
inventory?
9. Describe
general-purpose and special-purpose machinery. Compare each for flexibility of
use,
a.
operator involvement, run time per piece, setup
time, quality, capital cost and application.
10. What is
the difference between ISO 9001, 9002 and 9003?
WE PROVIDE CASE STUDY ANSWERS, ASSIGNMENT SOLUTIONS, PROJECT REPORTS AND THESIS
ARAVIND - 09901366442 –
09902787224
