Scribd
Upload
6 views3 pages

Production MGMT

The document outlines the details for the Mid or Final Term Examination of the Production Management course at the University of Central Punjab for Spring 2024. It includes information on the exam structure, instructions for students, and specific questions related to production models, factory productivity, cycle time, and forecasting methods. The exam is designed to assess students' understanding of key concepts in production management.

Uploaded by

Muhammad Fahad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
6 views3 pages

Production MGMT

The document outlines the details for the Mid or Final Term Examination of the Production Management course at the University of Central Punjab for Spring 2024. It includes information on the exam structure, instructions for students, and specific questions related to production models, factory productivity, cycle time, and forecasting methods. The exam is designed to assess students' understanding of key concepts in production management.

Uploaded by

Muhammad Fahad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 3

UNIVERSITY OF CENTRAL PUNJAB

Faculty of Management Sciences


SPRING-2024 SEMESTER
Course Title: Production Management
Course Code: BAMG4543 -S24-BBA-F20-A

Mid or Final Term Examination


Objective x Subjective
Course Instructor: Dr. Muhammad Irfan Azhar

Section: A Program: BBA Day and Date: Sat, 11-5-2024

Time Allowed: 90 minutes Venue: C-103 Marks: 50

Program Learning Outcomes: Course Objectives: Course Learning Outcomes:

PLO1, PLO2, PLO3 CO1,CO3,CO4 CLO1,CLO2,CLO5


Instructions for students:
a) Attempt All Questions.
b) Calculators are allowed
c) Question Paper is compulsorily to be returned, attached on top of the Answer Sheet.
To be filled-in, by the Student
Student’s Full Name: Student’s Registration Number:

Student’s Signature: Attached Answer Sheet Number:

_____________________________________ _________________________________

To be filled-in, by the Administration


Vetted and approved:

Signature of Course Instructor Signature and Stamp/Head of Department

Confidential
Q1 Comparison of job shop, mass production and batch production 10 Points

a) Suppose the setup time is 5 minutes, time to process a single unit is .25 minutes, and
a batch size can be as large as 100 units. Draw a figure showing how each
production model operates. Assume that 1000 products are to be made. 4 Points
b) What is the expected time of completing the order for each production model?
4 Points

c) Rank each production model according to volume and variety in production.


2 Points

Q2 A factory operates for a single shift, 5 days a week. There are 7 CNC machines. Each machines
can produce 10 items per hour. However, data for previous week suggests that the machines are
producing 300, 200, 200, 250, 150, 300 and 350 units respectively. Given this scenario, answer the
following questions: 10 points

a) What is the productivity for this factory? 2 Points


b) What is the production capacity for this factory? 2 Points
c) For each machine, compute is the machine utilization. 3 Points
d) If the factory received an order of producing 8000 units in two weeks, how can you
complete the order, given the constraint that availability for each machine cannot
exceed 90%?

Q3. Answer the questions considering the figures given below. Here S1, S2,,…,S5 are work stations.
T1, T2,,….,T5 represent the time in minutes, each worker takes to complete assembly tasks on the
station assigned to the worker. 10 Points

a) What is the cycle time for this manufacturing system? 2 Points


b) Identify the bottleneck station. 3 Points
c) How many units will this system produce in single day (8 hours shift)? 3 Points
d) The company is considering replacing some of the workers with industrial robots.
The robots can reduce the labor cost to 1 M Rupees per month, from 2.5 M Rupees
per month. However, an investment of 10 M Rupees is required. With this decision,
the production rate will double. How many units will have to be produced, so that
the decision of buying robots is justified? 2 Points

Confidential
Q4. Q2. Forecasting 20 Points

a) Generate a next three quarters forecast for the following data using three periods
moving average: 3 Points
Quarter Sales
1 330
2 450
3 530
4 670
5 450
6 590
7 660
8 720
9 870
10 920
11 1000
12 1140

b) Use simple exponential smoothing model to generate the next quarter’s forecast.
Your choice of parameters should be such that makes the forecast more responsive
to recent changes in sales. 4 Points
c) Use simple linear regression to generate the next three quarters forecast. 5 points
d) Can you improve the regression forecast by adding a seasonality factor? Show the
improvement in your results. 4 Points
e) Which method generated the best forecast? You can justify your answer by
comparing mean squared error or mean absolute deviations? 4 Points

Confidential

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy