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Define Production planning and control. (2) How can you classify the production system?

(2) A certain component can be manufactured either by welding or by forging process. The factory has an order for 500000 units. The cost involved for two methods of manufacturing are as follows: Welding Forging Fixed cost Rs.15000 Rs.94000 Variable cost/unit Rs.5 Rs.4025 Which is the most economical method of manufacturing the component? What will be the loss if a wrong choice? (6) 4) Draw and explain breakeven analysis (5) 5) Derive the expression for Break even quantity with profit p. (5)

1) 2) 3)

1. 2. 3.

Define Production planning and control. (2) How can you classify the production system? (2) A certain component can be manufactured either by welding or by forging process. The factory has an order for 500000 units. The cost involved for two methods of manufacturing are as follows: Welding Forging Fixed cost Rs.15000 Rs.94000 Variable cost/unit Rs.5 Rs.4025 Which is the most economical method of manufacturing the component? What will be the loss if a wrong choice is made? (6) Draw and explain breakeven analysis (5) Derive the expression for Break even quantity with profit p.(5)

4. 5.

1. 2. 3.

Define Production planning and control. (2) How can you classify the production system? (2) A certain component can be manufactured either by welding or by forging process. The factory has an order for 500000 units. The cost involved for two methods of manufacturing are as follows: Welding Forging Fixed cost Rs.15000 Rs.94000 Variable cost/unit Rs.5 Rs.4025 Which is the most economical method of manufacturing the component? What will be the loss if a wrong choice is made? (6) Draw and explain breakeven analysis (5) Derive the expression for Break even quantity with profit p.(5)

4. 5.

1. 2. 3.

Define Production planning and control. (2) How can you classify the production system? (2) A certain component can be manufactured either by welding or by forging process. The factory has an order for 500000 units. The cost involved for two methods of manufacturing are as follows: Welding Forging Fixed cost Rs.15000 Rs.94000 Variable cost/unit Rs.5 Rs.4025 Which is the most economical method of manufacturing the component? What will be the loss if a wrong choice is made? (6) Draw and explain breakeven analysis (5) Derive the expression for Break even quantity with profit p.(5)

4. 5.

1. 2. 3.

Define Production planning and control. (2) How can you classify the production system? (2) A certain component can be manufactured either by welding or by forging process. The factory has an order for 500000 units. The cost involved for two methods of manufacturing are as follows: Welding Forging Fixed cost Rs.15000 Rs.94000 Variable cost/unit Rs.5 Rs.4025 Which is the most economical method of manufacturing the component? What will be the loss if a wrong choice is made? (6) Draw and explain breakeven analysis (5) Derive the expression for Break even quantity with profit p.(5)

4. 5.