What is the role of master production scheduling in manufacturing planning and control? What other areas interface with it?
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What is aggregate planning? Why might it be important to the master production scheduler?
week 2
Is inventory an asset or a liability? How do we determine if it is an asset or a liability? Might the determination be different for different people in the same organization? Please discuss, providing specific examples.
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Why is reorder timing so important to a business? Is it more important than when we decide to refill our cars with gas, or the refrigerator with food? Why?
Discuss the inputs required for the MRP process and the role played by the bill of materials.
How is the bill of materials structured, and why is low-level coding used?
week 4
How does MRP fit in the overall master planning system? Where does it fit with the other parts of the system?
How does MRP reflect the changing conditions of the shop floor? Why is it important that these transactions be processed properly?
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How does an MRP-II system or an ERP system help a company be more successful in managing its business and achieving its strategic objectives? Relate this to actual situations of companies you are familiar with.
It is said that successful supply chain management will help the various organizations that are part of the same supply chain operate like a flock of birds, which can suddenly turn in unison as the lead birds change direction! Please elaborate on this saying, and explain why is this good for those organizations, the end user, and the industry at large? How does it work?
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Compare and contrast rough-cut capacity planning with CRP.
How does CRP relate to the MPS? How does a nervous MPS affect CRP?<tablecellspacing=”0″> <tablecellspacing=”0″> <tablecellspacing=”0″>week 7<tablecellspacing=”0″> <tablecellspacing=”0″> <tablecellspacing=”0″> <tablecellspacing=”0″>
What are the three basic principles of lean systems, and how do they support each other in achieving lean-system goals? <tablecellspacing=”0″>
week 8<tablecellspacing=”0″> <tablecellspacing=”0″> <tablecellspacing=”0″>
It is said that the U.S. economy is turning into a service economy, as opposed to service and manufacturing. Much of U.S. manufacturing has been outsourced to cheap labor markets, which also operate at higher productivity levels than U.S. manufacturing. Is this a lost battle, or can we regain our advantage? Suggest some strategies and tactics that may make this possible. <tablecellspacing=”0″>
Please answer each assigned question completely, and be sure to spell-check before posting your assignment. Your assignment must be submitted as a MS Word document.
Submit your assignment to the Dropbox located on the silver tab at the top of this page
Submit your assignment to the Dropbox located on the silver tab at the top of this page.
Please use the following Excel template and the tutorials below. They will help you work on the assignment listed at the bottom of this page.
Excel template:
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Complete the following problems:
See the Syllabus section “Due Dates for Assignments & Exams” for due date information.
Please use the following Excel template and the tutorials below. These will help you work on the assignment listed at the bottom of this page.
Please use the components requirement sheet of the Excel template. It will help you work on the assignment listed at the bottom of this page.
Template
Note!Submit your assignment to the Dropbox located on the silver tab at the top of this page.
(See the Syllabus section “Due Dates for Assignments & Exams” for due dates.)
Question 1.1. (TCO 1) Define product package. (Points : 5)
The exterior wrapping
The shipping container
A combination of goods and services
Goods in a manufacturing organization
Customer relations in a service organization
Question 2.2. (TCO 1) All of the following statements are not true about systems approach, except (Points : 5)
a systems viewpoint is almost always beneficial in decision making.
a systems approach emphasizes interrelationships among subsystems.
a systems approach concentrates on efficiency within subsystems.
a systems approach is essential whenever something is being redesigned or improved.
All of the above are true.
Question 3.3. (TCOs 3 & 6) The practice of cycle counting has as its main purpose (Points : 5)
to count all the items in inventory.
to count bicycles and motorcycles in inventory.
to reduce discrepancies between inventory records and actual inventory.
to reduce theft.
to count 10% of the items each month.
Question 4.4. (TCOs 3 & 6) Which one of the following is most relevant for the EOQ model? (Points : 5)
Ordering items with dependent demand
Determining safety stock
Ordering perishable items
Determining fixed interval order quantities
Determining fixed order quantities
Question 5.5. (TCO 2) The subassemblies and components that are needed to produce and/or assemble a product can be displayed as (Points : 5)
an assembly time chart.
a product structure tree.
MRP II.
pegging.
a Gantt chart.
Question 6.6. (TCO 2) The process of identifying parent items in MRP is called (Points : 5)
paternity.
requirement I.D.
relationship tracking.
master scheduling.
Question 7.7. (TCOs 4, 5, & 6) Which MRP input lists the assemblies, subassemblies, parts, and raw materials needed to produce one unit of finished product? (Points : 5)
Master production schedule
Bill of materials
Inventory records
Assembly-time chart
Net-requirements chart
Question 8.8. (TCOs 4, 5, & 6) All of the following are true concerning MRP II, except which one? (Points : 5)
It is basically a computerized system.
It can handle complex planning and scheduling quickly.
It involves other functional areas in the production planning process.
It involves capacity planning.
It produces a production plan that includes all resources required.
Question 9.9. (TCOs 5, 7, & 9) Which of the following is NOT included in logistics? (Points : 5)
The movement of materials within a production facility
Incoming shipments of goods or materials
Outgoing shipments of goods or materials
Customer selection
Returned goods processing
Question 10.10. (TCOs 5, 7, 9) RFID chips:
(I) are used to track goods in distribution.
(II) are used to track job progress in production.
(III) are used to provide special instructions to operators.
(IV) can be used in inventory record keeping. (Points : 5)
II and III only
I and II only
II, III, and IV
I, II, and IV
IV only
Question 11.11. (TCOs 5, 7, & 9) Actively managing the supply chains is more desirable for business organizations due in part to (Points : 5)
more potential vendors.
increasing globalization.
downsizing.
the Internet.
RFIDs.
Question 12.12. (TCOs 11, 12, 13, & 14) An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is (Points : 5)
100.
2,000.
500.
1,000.
None of these
Question 13.13. (TCOs 11, 12, 13, & 14) For fixed costs of $2,000, revenue per unit of $2, and variable cost per unit of $1.60, the break-even quantity is (Points : 5)
1,250.
2,250.
5,000.
Question 14.14. (TCOs 11, 12, 13, & 14) If the output rate is increased, but the average unit costs also increase, then we are experiencing (Points : 5)
market-share erosion.
economies of scale.
diseconomies of scale.
value-added accounting.
step-function scale up.
Question 15.15. (TCOs 10, 15, & 16) Which of the following qualifies as a work center? (Points : 5)
Machine
Group of machines
Department
Facility
All of the above
Question 16.16. (TCOs 10, 15, & 16) The cycle time for a standard container, which holds 90 jars, averages 45 minutes. If the jar-filling workstations use 3,200 glass jars each 8 hours of production, and management uses an efficiency factor of 20%, how many containers should be used? (Points : 5)
4 containers
3 containers
5 containers
2 containers
Page 2
– Regular time capacity is 150 units per month. – Overtime capacity is 20 units per month. – Overtime cost is $30 per unit. – Back order cost is $20 per unit. – Inventory holding cost is $5 per unit. – Regular time cost is $20 per unit. – Beginning inventory is zero.
(Points : 30)
Bunny Helpers, Inc. has just received an order for 100 Deluxe Easter Baskets, which must be ready for delivery at the start of Week 6. An MRP planner has prepared the following table showing product structure, lead times (orders are lot-for-lot), and quantities on-hand:
Each Deluxe Basket contains two dark chocolate truffles and four carved chocolate eggs; additionally, one box of Alka-Seltzer is included for those who overindulge. (Points : 30)
.
