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Involves managing and optimizing inventory levels, production schedules, and resources to ensure smooth operations and meet customer demands efficiently.
Progressing is only a substitute for poor planning.
Which of the following is not a necessary requirement of a requisition
A company where different personnel give conflicting delivery promises need to improve its scheduling and processing function.
DEFINE WEIGHT?
Heuristics approach gave very good results when Wester and Kilbridge applied it to ________ assembly line.
When shop floor scheduling problem larger than 3 machines arise theanalytical solution procedures leading to optimality are complex anddifficult.
PERT uses linear programming and probability concepts for planning and controlling activities.
Work measurement is responsibility of :-
The Heuristics approach has a base of binary number theory.
Flexibility and product variety are not inter-related with each other.
As the quantity increases, the procurement cost :-
WHAT A COUNT TO USED BY FOODSERVICE?
In replenishment system, the fixed order quantity system is also called by following names :-
Steps involved in process planning include the following :-
Labour efficiency depends upon ________
Earliest possible occurrence time [ I.e. stray time ] of activity [ies ] emanating from the
Line staff can assist PPC by manufacturing some of their needs in theirown shops rather than making PPC to tool room or purchase.
XYZ analysis helps to identify few items which account for large amountof money locked up in the stock and take steps for liquidation /reduction.
Activity R can not start unless activities P & Q are completed .And activity S can not start unless activity Q is over [ I.e. activityP may not be even over ]. Activity R is therefore succedding toactivity P & Q while activity S is succeeding to activity :-
Negative value of critical ratio :-
Sequencing helps management to determine the most economical job sequence the one that consumes minimum :-
Installed capacity :-
If Kwh consumption per 100 pieces is 8.01 and cost/kwh is Rs 0.80 thecost of power over the year for 40000 pieces with 2000 numbersrejection would be Rs ________.
To operate fixed order quantity system, following parameters are required to be fixed:-
Random fluctuation is considered for deciding ________.
Subsidiary orders include :-
The assembly work content [ Wi ] of the i'th station having n work stations is given by :- Correct Answer
HML Analysis helps to :-
Important considerations in scheduling are :-
Moving average method lags behind the latest trend.
The minimum requirements for application software for line balancing are as follows :-
If number of work stations is 8 and work content of all stations is 32 , the cycle time would be ________.
LOB has advantage that it is more ________ oriented than MRP.
A simple but labor intensive system is the:
Overlapping of operations helps in compressing manufacturing time.
Detachable ticket, after filling in required information is :-
Using the basic EOQ model, if the ordering cost triples, then the new order quantity will
LOB is a manual planning and scheduling technique similar in nature to MRP [Material Resource Planning].
Fluctuation due to changes in season are called cyclical fluctuation.
Increase in inventory carrying cost increases EOQ.
Identify the costs and risks of OVERstocking:
One of the causes of inability to meet delivery date originally promised :-
Labour efficiency factor is applied after capacity requirement of equipment is calculated.
The earliest start time of an activity equals to earliest event time of :-
The tooling data is prepared in respect of following measuring instruments :-
The inventory of medical and surgical supplies can represent up to what percentage of a facility's operating budget?
The computerized locked supply system is a variation of the :
Long termed forecasts are for the period of :-
In PERT, use of dummy activities is not much essential.
Annual Ordering cost is inversely related to the order quantity.
If efficiency is more, the manufacturing time required for completion of job would be generally :-
The expected time can be minimised by minimising following parameters :-
The maximum order level is:
Material control function embraces a following techniques :-
Curve fitting method of statistical forecasting uses curve line approach.
________ is a production line made up of operations that form or changethe physical or sometimes chemical characteristics of a product.
Production Planning and Control makes the supervisor ineffective.
Given the following data :- procurement cost per order = Rs 30 ;frequency of ordering per year =4 ; number of suppliers = 3 . Form theabove data, total procurement cost would be Rs ________.
Bar-coding of an instrument sets and integral part of:
A progress card normally contains ________ squares.
YIELD IN CULINARY TERMS REFERS?
Among different types of costs associated with inventory, the opportunity cost of the investment tied up in inventory is a(n) ________.
Transit time for manufactured items should be considered only when it is insignificant.
Find EOQ in Rs from the following data :-Annual consumption = 20, 000units, Ordering and receiving cost of material = Rs 20 per order,Annual carrying cost or storage cost = 10% of unit cost of material,Cost of material = Rs 50.
DISADVANTAGE OF STANDARDIZED RECEPI
Weaknesses of PPC department can be studied on following grounds :-
Overtime can be avoided in many ways and they are :-
Which distribution system requires the using department to be responsible for maintaining inventory levels?
Process plan is the process of establishing the ________ and mosteconomical path that each part is to follow from raw material stage tofinished product stage.
Time study is useful method of measurement for :-
The reorder point is the:
As per a study on materials management practices, a typical firm spendsalmost half of its rupee sales on goods purchased from vendors.
The queue time is intended to compensate for the time for which the job has to :-
Work measurement is not useful for choosing between two alternate methods of production.
The administrative lead time e.g. time involved in processing theorder, which may be in periodical review system including the perioduntil next review is called ________ lead time.
Inventory management technique for determining an item’s optimal order size, which is the size that minimizes the total of its order costs and carrying costs.
To solve "n jobs - 3 machines" sequencing problem, the largest of timeof any job on the second machine must be smaller than or equal to thesmallest time of any job on first machine or third machine.
What is EOQ?
The non-mathematical rationale of the assignment method is one of minimizing opportunity costs.
In a mass production assembly shop following work measurement techniques are used :-
Of all the work measurement techniques the most widely used techniques is________.
Work sampling is ________
Rational figure on utilization index can be obtained by carrying out ________ study.
Keeping available time per day constant, if the desired production rateper day is to be doubled ,cycle time will be reduced by :-
WHAT U HAVE TO UNDERSTAND PORTION COST?
C type items would never be vital under VED analysis.
________ inventories help to balance company's supply with market demand.
Buying for C quantities should be made in ________ quantities .
A firm has 6 jobs to be processed on three machines A,B and C in theorder ABC. The processing time of each job is given in the tablebelow:- Find the idle time on different machines . Job Processing time[ hours ] Machine A Machine B Machine C J1 25 16 20 J2 26 20 19 J3 2417 18 J4 22 20 21 J5 24 21 17 J6 28 18 13
The cost involved in subcontracting some of the operations of item outside the home plant is called :-
The sourcing of vendors in case of 'B' type of items is :-
5 jobs are to be processed on machines M1 and M2 , first on M1 and thenon M2. The processing times in hours are as follows.Find the sequencefor 5 jobs that will minimize total elapsed time .also find idle time& total elapsed time. Job Processing time [ hours ] Machine M1Machine M2 1 5 2 2 1 6 8 9 7 6 3 8 5 10 4
Which area is the first to accept the responsibility for all supplies in the facility
What shall be the consequence of acceptance of frequent rush orders by sales department?
In an organization, poor material handling system may result in the following :-
The data in respect of spindle nose pertains to :-
Which of the following formula is used to compute the annual carrying cost?
Move orders, released for material movement from stores to first work center are used for following types of organizations :-
While communicating to customer on delays in delivery following information should be given :-
Supplies should never be stored
Which of the following is not considered a specialty cart?
The ideal order quantity a company should purchase for its inventory given a cost set of production, demand rate, and other variables is known as:
Total inventory cost =
Detachable Card contain following information :-
Physical Count method of collecting information from manufacturing shops is applicable in following situation :-
The assignment algorithm was developed by a Hungarian mathematician named :-
Good quality and ________are the two main requirements to secure maximum business from a customer.
Short term forecasts are for ________.
Orders with ________ slack time remaining per operation are run first.
To solve "n jobs - 2 machines" sequencing problem, it is assumed thateach machine can perform only one type of operation and can undertakeonly one job at a time.
WHAT A FORMULA PORTION SIZE?
The overall objective of inventory management is to achieve satisfactory levels of customer service while keeping inventory costs reasonable.
The 'G' group of GOLF analysis covers items procurement from Government suppliers such as :-
In assignment matrix, it is a must to determine Jacobean of the determinant.
The batch production requires ________ capital investment as compared to job production.
Development of additional vendors/suppliers depends upon :-
In linear programming method of line balancing, there are three types of constraints namely :-
In CPM, use of dummy activities is much essential .
The most efficient distribution system is the:
Given a decision for designing a line layout, major problem issubdividing a work so that smooth flow can result. The subdivisionprocess is called :-
Price orientation
The LOB technique is most appropriate for assembly operations involving number of distinct components.
________items should be excluded from ABC Analysis.
Responsibility of smooth flow of work through different work centers or departments of company rests with :-
To keep facilities busy, waiting time due to non-availability of work should be kept at :-
Par levels should be based on:
Standard time accounts for :-
________ is the sum of set up time and run time.
Inspection operations is a part of process plan for a part.
PERT terminology uses words like :-
They are type of analytical estimate :-
The main characteristics of mass and flow production are :-
An ongoing inventory management system is known as a:
The software for CPA would require the following parameters:-
Proper Production Planning and Control can reduce cost in :-
Exponential smoothening is weighted average method.
If the annual usage of a material is 1200 units and the reorder point is at 120 Units, find the lead time.
Total storage cost = ?
If more variety is to be manufactured, the manufacturing facilities would have to be :-
WHAT A ADVANTAGE STANDARDIZE YIELD?
Process Sheet contains following information :-
An effective case cart system requires:
What factors affect the status of PPC department in the company for achieving informal status?
CONCLUSION CHAPTER 7?
Which of the following is not an assumption for the EOQ model?
LOB technique was devised by US army in the year :-
Transportation carts should be claned at least
The ROI of the company can be increased by :-
Random fluctuation is addition of cyclical fluctuation and seasonal fluctuation.
If actual demand far exceeds forecast, it will result into :-
The make-or-buy decision is not related with profit of the factory.
What is the shape of the inventory usage when all EOQ assumptions are met?
Keeping procurement cost and carrying cost constant, if annual usage of certain product becomes 4 times, the EOQ would be :-
Among different types of costs associated with inventory, the costs of obtaining purchase approvals are ________.
The 'G' group of GOLF analysis involves moderate delivery time and availability of credit usually in the range of 30 to 60 days.
Classification of items on basis of their capital lock up is called ________ analysis.
Finished goods inventory is the amount of manufactured product in stock that is available for sale.
The make-or-buy decision is not taken only at starting of a factory but has to be reviewed continuously.
The two basic questions in inventory management are
A type items are always vital under VED analysis.
Effective capacity per period is calculated as :-
The following are salient features of the fixed order quantity system :-
Due to the following emergent events, the queue time has to compensatefor the time for which the job has to undergo an extra time :-
Job production requires ________ capital investment.
There are five manufacturing systems. However, many manufacturers combines two or more systems to produce a final product.
Which type of inventory distribution system requires the use of a predetermined inventory list?
The purchase-order lead time is the ________.
Smoothing performs following activities:-
The commonly used network techniques other than PERT and CPM are as follows :-
The make-or-buy decision becomes necessary when the current source ofsupply is not able to supply the material in accordance with buyer'squality requirements.
Computerisation of line balancing involve following requirements :-
Methods for recording actual progress of work for shop orders are :-
In order to complete a project on time, each critical activity need not be completed in time.
The ordering cost per order is $400, and the carrying cost per unit is $10. What is the optimal order size considering an annual demand of 2000 units?
In alternate routing, the delayed job may be routed to a ________ machine where rate of production is faster.
If set up time for four operations involved is 2 ,1.5, 2 , 2.5 hours respectively, total set up time would be 10 hours.
Just-in-time distribution systems are also known as:
Lead time is ________ for different items.
At any level of inventory, the total ordering cost and and total carrying cost are always equal.
Total lead time is the summation of following factors :-
In ABC analysis, the classification is based on :-
________ are grouped so that their total time is preferably equal to or little lesser than the time available each work station.
Ordering the optimum quantity of an item based on historical data is known as:
Purchase department must keep PPC informed regarding lead time of different items specially where lead times are extended.
On completion of work the job card is returned to production planning and control department for reference and record.
Being capable to adjust their production facilities shortly just afterchange in demand for products and without incurring heavy expenses,greater flexibility in production is provided by ________.
In check list approach, ________ rating indicates that existing PPC system requires some major improvements in indicated areas.
Production output in night shift is :-
PERT is suitable in defense projects and R&D where activity times can not be really predicted.
Stock of finished goods are based on :-
In replenishment system, the type of ordering is either according to "stock level" or "pre-fixed time scale".
Demand distribution systems are :
Which of the following is not an element of a distribution system?
Generally for ________ flow system, Heuristic method is preferred.
The LOB technique is made more accurate and fast by using ________.
Stores issue order for an item is prepared as soon as the route sheet is ready.
How much Portion of a given menu item
Under economic-order-quantity decision model, it is assumed that ________.
________ analysis mainly helps to identify non-existing items for whichstore keeps bin cards, wastes computer memory or wastes computerstationary while preparing stores ledger.
Because of uncertainty of activity timings, PERT acquired a shape of ________ model.
The effectiveness of sequencing model technique ________ if the company has backlog of
Mass & flow production and process production are categorized under :-
Forecasting is function of ________.
The variable costs per unit of holding an item in inventory for a specific period of time.
In precedence diagram the length of arrow has very high degree of significance.
The light engineering company has one special purpose facing ¢ering machine And one copying lathe. The foreman has five workorders for processing . The operation Sequence is fixed [ each job isfirst faced and centered and then copy turned ] . The standard Hoursrequired for each machine to process each work order are shown in thefollowing Table :- Work Order Processing Time [Hours ] Facing ¢ering machine Copying Lathe I 16 40 II 30 60 III 20 6 IV 15 16 V 2512 find sequence to minimize requirements of machine hours.
Reorder level determines how low inventory should be before reordering occurs.
The assignment method is also called as :-
Ordering of raw material is based on :-
Scheduling can be considered as a process of :-
Some of significant characteristics of fixed order quantity system under replenishment systems are as follows :-
Following difficulties are faced by SDE analysis :-
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