Answer all the following questions. Each question is worth $4$ marks.

$($a$)$ With the help of a diagram, discuss a strategy that can be used to provide stability to

Master Production Schedule.

$($b$)$ Name all sources of demand that are consolidated in Demand Planning module.

$($c$)$ For products with many levels in their BOM, during material requirement planning,

different lot sizing techniques should be used. Discuss in detail at what level which

strategy should be used and why.

$($d$)$ What are the key benefits of establishing a collaborative planning, forecasting and

replenishment $($CPFR$)$ relationship? What information needs to be shared by the two

parties for a successful CPFR implementation?

$($e$)$ Which industries are most likely to use MRP$-$based control? JTT is another type of MPC

system. Discuss the relationship between MRP and JIT$-$based control.

$($Total $20$ marks$)$