Questions

1.         What are the main functional fields of business? Discuss the inter-relation among them.

2.         Define “Production”. Differentiate between “continuous” and “intermittent” production systems.

3.         Discuss the responsibilities of a production manager in a manufacturing organisation.

4.         What is “Production planning”? Describe how sales forecast for a product is translated into the demand it generates for inputs.

5.         “Both management and labour will find that wage incentive plans have certain advantages and disadvantages”. Explain. What are the problems one may encounter in implementing wage incentives schemes?

6.         What are the major factors that should be considered in layout planning?

7.         What are the relevant costs in inventory control? The demand for an item is 1600 units per month and the items are used uniformly. The ordering and receiving cost is N100 per order, purchase price is N1.00 per unit and the inventory holding cost is 10 kobo per unit per month. Determine:

(i)         the economic order quantity

(ii)        the annual cost

(iii)       how often to order.

8.         Briefly describe different quality control charts stating clearly when the production process is assumed to be out of control. Under what conditions is one preferred to the other?

9.         What is “production control”? “Briefly describe the different steps of production control in a manufacturing organisation.

10.       What are the basic assumptions of EOQ Models?

11.       What are the common features of wage incentive schemes?

References

1.         Mayer RR Production Management. McGraw­-Hill, 1968.

2.         Wild R Production and Operations Management. Holt, Rinehart and Winston, 1980.

3.         Buffa E.S. Modern Production Management.John Wiley, 1973.

4.         Van Hees R.N. and W. Monhemius.Production and Inventory Control – Theory and Practice. Macmillan, 1972.

5.         Larkin J.A. Work Study Theory on Practice. McGraw-Hill, 1969.

6.         Husband T.M. Work Analysis and Pay Structure. McGraw-Hill, 1976.

7.         Kirkpatrick E.G. Quality Control for Managers and Engineers. John Wiley, 1970.

8.         Eilon S. Elements of Production Planning and Control. Macmillan, 1962.

9.         Morris W.T. Analysis for Materials Handling Management. Richard D. Irwin, 1967.

10.       Starr M.K. and D.W. Miller. Inventory Control: Theory and Practice. Prentice Hall, 1962.