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C 42745
(Pages: 3)
Name........................................ .
Reg. No.................................... .
MAY 2013
PE 04 703-PRODUCTION MANAGEMENT
(2004 Admissions)
Machine Ml
Machine M2
Or
(B) Define master production scheduling with an example explain the factors that need to be
taken into account while developing master production schedule.
(15 marks)
Turn over
C 42745
2
III. (A)
(i)
Explain the concept of MRP and describe its inputs and their relationship.
(12 marks)
(3 marks)
Or
(B)
(i) What is manufacturing resource planning? How does it benefit the management of a
factory.
(7 marks)
(ii) What are the differences between capacity planning and resource requirement
IV. (A)
marks)
(i) A dealer supplies you the following information with regard to a product dealt in
..
by him:--':"
Annual demand
6000 units
Buying cost
::::
::::
Price
::::
The dealer is considering the possibility of allowing home back orders to occur for the
product. He has estimated that the annual cost of back ordering (allowing shortages) the
product will be Rs. 10.00 per unit.
(1) What quantity ofthe product should be allow to be back ordered.
(6 marks)
(2) How much additional cost will be have to incur on inventory ifhe does not permit
back-ordering?
(6 marks)
(ii) What is an inventory system? Explain the term safety stock.
(3 marks)
Or
(B)
(i) ABC manufacturing company needs balls bearing of worth Rs. 28,800 per year. The cost
en
(6 marks)
(3 marks)
(ii) What is the concept of ABC analysis? How is it used for inventory control. What is the
procedure?
(6 marks)
3
V. (A)
C 42745
(9 marks)
(6 marks)
Or
(B)'
(i)
(12 marks)
(3 marks)
[4 x 15 = 60 marks]
_ . _., . _ J