Question 1: Provide an overview on facilities layout and materials handling.
Question 2: How do you plan and control for the mass production?
Question 3: Write in detail about the Value Engineering.
Question 4: In brief describe about inventory management methods.
Question 5: Illustrate the importance of maintenance management.
Question 6: Describe the elements comprised in stores management.
Question 7: Case Study:
The XYZ manufacturing company has determined, from an analysis of its accounting and production data for part number 625, that it’s cost to purchase is Rs. 36 per order and Rs. 2 per part. Its inventory carrying charges are 18% of the average inventory. The demand for this part is 10,000 units per annum.
Find out:
a) What must be the economic order quantity be?
b) Determine the optional No. of days ‘Supply’ per optimum order?