Management of Machines and Materials Sample Paper- III

MS 05 Management of Machines and Materials
All Questions are compulsory. 1a). What are some of the factors that cause organizations to residing their products and services? describe some of the ways a product designer can use CAD b) What do you mean by the term "Product life cycle"? State the different stages of a product life cycle and also the factors affecting the product life cycle.
2.a) A ball bearing company is planning to install an additional plant which will require leasing new equipment for a monthly payment of Rs. 60000. varibel cost would be Rs. 20 per item and each item would retail for Rs. 70. i)How many ball bearings must be sold in order to break even? ii)What would be the profit or loss if 1000 items are sold in a mont? iii)How many items must be sold to realize a profit of Rs. 40000? b)Some Japanese forms have a policy of rotating their managers among different managerial jobs. In contrast, Americal companies are more likely to specialize in a certain area (e.g., finance or operations). Discuss the advantages and disadvantages of each of these approaches. hich do you prefer? Why?
 3. a) Determine the optimum batch size for an item produced on a manufacturing facility with the following data:  Consumption rate: 500 items/ month
 Production rate: 1500 items/ month
 Storage cost: Rs. 100 per unit / year
 Setup charges per batch: Rs. 2000
 Interest charges: Rs. 50 per unit per year
 What is the break-up of annual item cost, and holding cost at the optimum?

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