Sub: POM

Answer Question No. 1 which is compulsory & any two from the rest

Time: 1hr.
1) Answer all the questions.
(a) What is Aggregate Planning?
(b) What is the term Kaizen and write its usefulness to an organization??
(c) What do you mean by simultaneous engineerin?
(d) What do you understand by Delphi technique?
(e) Define the term Production sharing?

Full marks: 30
[25]

2) Actual demand of goods for eight periods are given below:

Period
1
2
3
4
5
6
7
8
Deman 550
600
650
675
725
750
800
825
d
Compute the adjusted exponential forcast for the ninth period based on above data.Assume
forecast for first period and corresponding initial trend as 500 and 0 respectively.Assume =0.2
and =0.
[10]
3)
(a)What is safety stock?How ABC analysis is useful in inventory control.
(b) The annual consumption of particular item is 3200units.The cost of the item is Rs.20 per
unit.Cost of ordering is Rs.4000 per order and rate of inventory carrying cost is
20%.Determine Economic Order Quantity.
[10]
4)Write short notes any two of the following:
(a)Total productive maintenance
(b)Kanban
(c) Group Technology