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    Opeartions 25-1021

    Uploaded by

    Saket jha
    This document contains a student's assignment submission containing multiple questions related to operations management. The student provides their name, roll number, registration number, specialization, batch details, semester details, subject name, assignment number, and number of pages. The assignment contains questions on MRP sheet completion, EOQ calculation, job sequencing methods, Johnson's rule, and ABC analysis.

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    Opeartions 25-1021

    Uploaded by

    Saket jha
    90 views6 pages
    This document contains a student's assignment submission containing multiple questions related to operations management. The student provides their name, roll number, registration number, specialization, batch details, semester details, subject name, assignment number, and number of pages. The assignment contains questions on MRP sheet completion, EOQ calculation, job sequencing methods, Johnson's rule, and ABC analysis.

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    opeartions 25-1021

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    This document contains a student's assignment submission containing multiple questions related to operations management. The student provides their name, roll number, registration number, specialization, batch details, semester details, subject name, assignment number, and number of pages. The assignment contains questions on MRP sheet completion, EOQ calculation, job sequencing methods, Johnson's rule, and ABC analysis.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    90 views6 pages

    Opeartions 25-1021

    Uploaded by

    Saket jha
    This document contains a student's assignment submission containing multiple questions related to operations management. The student provides their name, roll number, registration number, specialization, batch details, semester details, subject name, assignment number, and number of pages. The assignment contains questions on MRP sheet completion, EOQ calculation, job sequencing methods, Johnson's rule, and ABC analysis.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 6

    Name of the student: Saket Kumar Jha

    Roll no.: 25-1021


    Reg no.: 25-1021
    Specialization: Marketing
    Batch: 2020-22
    Institute: BIMHRD
    Semester: 1
    Subject Name: Operations Management
    Assignment no.: 3
    Submission Date: 25 Nov 2020
    Total no. of pages written:7

    Q1) Complete the following MRP Sheet . Assume One week of lead time of the
    organisation with the Customer and One week of lead time of the Supplier with the
    organisation.

    Ans)
    Heading Week Number
    1 2 3 4 5 6

    Gross Requirement 100 200 150 100 200 200

    Scheduled Receipts 120 100 150

    On Hand 75

    Allocated Inventory 25

    Nett Requirements 50 200 30 0 50 200

    Planned Order Receipt 50 200 30 0 50 200

    Planned Order Release 50 200 30 0 50 200

    Q2) A service outlet for an automobile company buys consumable spares from an OEM.
    Their quarterly purchases for the said item are 3000 nos. Each item costs Rs. 200 . The
    ordering costs are Rs. 600 per order and the inventory carrying costs per item are 10%
    of the purchase price .
    Compute EOQ and the total minimum cost based on the EOQ.
    Ans)
    Demand = 3000 which is quarterly, therefore for annually , 3000*4 = 12000
    Cost of placing one order (Co) = 600
    Inventory carrying cost (Cc) = 10% of 200 = 20

    EOQ = √ 2 CoD ÷ Cc
    = √ 2 * 600 * 12000 / 20
    = √ 14400000 / 20
    = √ 720000
    = 848.52

    Total minimum cost = CoD / EOQ + Cc (EOQ / 2) + P * D


    = 600 * 12000 / 848.52 + 20 (848.52 / 2) + 200 * 12000
    = 7200000 / 848.52 + 16970.4 / 2 + 2400000
    = 8485.36 + 8485.2 + 2400000
    = 2416970.56

    Q3) Compute which method of sequencing will be the best for the following data : F
    CFS , LCFS and SPT.

    Ans)
    FCFS
    Jobs Processing Due date Flow time Delay
    time
    A 12 14 12 0
    B 10 12 22 10
    C 8 9 30 21
    D 6 8 36 28
    E 13 10 49 39
    Total flow time Total delay = 98
    = 149

    Average flow time = 149 ÷ 5 = 29.8


    Average delay = 98 ÷ 5 = 19.6

    LCFS
    Jobs Processing Due date Flow time Delay
    time
    E 13 10 13 3
    D 6 8 19 11
    C 8 9 27 18
    B 10 12 37 25
    A 12 14 49 35
    Total flow time Total delay = 92
    = 145
    Average flow time = 145 ÷ 5 = 29
    Average delay = 18.4

    SPT
    Jobs Processing Due date Flow time Delay
    time
    D 6 8 6 0
    C 8 9 14 5
    B 10 12 24 12
    A 12 14 36 22
    E 13 10 49 39
    Total flow time Total delay = 78
    = 129

    Average flow time = 129 ÷ 5 = 25.8


    Average delay = 78 ÷ 5 = 15.6

    From the above method sequencing and by comparing them, we can observe following
    values:
    FCFS: 29.8 , 19.6
    LCFS: 29 , 18.4
    SPT: 25.8 , 15.6
    Hence, SPT have lowest avg flow time and avg delay time therefore we will choose this
    method.

    Q4) Use Johnson's Rule to determine the best sequence and compute the total time
    taken to finish all jobs.
    Ans)
    Job 1 2 3 4 5
    Machine A 8 10 6 7 11
    Machine B 5 9 2 3 4
    Machine C 9 12 8 6 10

    1st sequence from Machine A and Machine C 3 1 2 5 4

    Timing according to 1st sequence i.e. 3 1 2 5 4 :


    3 1 2 5 4
    Machine A 6 14 24 35 42
    Machine B 8 19 33 39 45
    Machine C 16 28 45 55 61

    For 2nd sequence we will do:


    1 2 3 4 5
    MA + MB 13 19 8 10 15
    MB + MC 14 21 10 9 14

    From above table we get 2nd sequence as: 3 1 2 5 4


    Hence both sequences are same therefore, we will get same timing from both sequences.

    Q5) Do an ABC Analysis for the following data and draw the necessary diagram on a
    Graph Sheet.
    Ans) ABC Analysis:
    Item no. Unit Price Annual Volume * Value
    Quantity
    101 0.42 1200 504
    102 17 1550 26350
    103 154 500 77000
    104 90 1000 90000
    105 42.86 350 15001
    106 60 2000 120000
    107 12.50 1000 12500
    108 0.60 250 150
    109 8.50 100 850
    110 14.17 600 8502

     Arranging in descending order:


    Item no. V*V % of total Cumulative % Classification
    106 120000 34.20 34.20 A
    104 90000 25.66 59.86 A
    103 77000 21.94 81.8 B
    102 26350 7.51 89.31 B
    105 15001 4.28 93.59 C
    107 12500 3.57 97.16 C
    110 8502 2.42 99.58 C
    109 850 0.24 99.82 C
    101 504 0.14 99.96 C
    108 150 0.04 100 C

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