Material Management

Topics: Lead time, Mathematics, The Order Pages: 2 (482 words) Published: August 27, 2013

Attempt any Eight Questions All questions carries equal

What is wealth, and how is it created ? What is value added, and how is it achieved ? Explain with examples ?


What is a material requirements plan ? What is the difference between dependent and independent demand ? Explain with examples.


Problem : 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 ? Week Gross requirements Scheduled receipts Projected available – 40 Net requirements Planned order receipts Planned order release 1 20 2 65 100 3 40 4 25


What is capacity planning ? What are the responsibilities of capacity management ? Describe the steps in capacity planning ? Explain with examples ?


What is the responsibility of production activity control ?

What are the major

functions of planning, implementation & control ? Explain with examples ?


Problem : An order for 50 of a product is processed on world centers A and B. The set up time on A in 60 minutes, and run time is 5 minutes per piece. The set up 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) 2) 3) Annual ordering cost Annual carrying cost Total annual cost

With some examples ? 8. Problem : The standard deviation of demand during the lead time is 100 units. a) Calculate the safety stock...
Continue Reading

Please join StudyMode to read the full document

You May Also Find These Documents Helpful

  • Manipulatives: Material and Students Research Paper
  • foreign materials in processed food Essay
  • EVA foam materials market growth continues unabated KUNSHAN YEHUA INDUSTRY OF PLASTICS CO Essay
  • Essay on market strategy
  • SWOT Analysis of the New Zealand Chemical Manufacturing Industry Essay
  • Popular Report-3D Printing Materials 2014-2025: Status, Opportunities, Market Forecasts Essay
  • Essay on Kfc Materials Managemnet

Become a StudyMode Member

Sign Up - It's Free