8ME4.1: OPERATIONS MANAGEMENT (Elective)

 

 

Operations Management: An Overview - Systems concepts in Operations Management, Objectives in Operations Management, Operations management Decisions, Productivity concepts and measurement, Types of Production Systems.
Forecasting Demand: Forecasting Objectives and uses, Qualities & Quantities methods of Forecasting, Opinion and Judgmental Methods Time Series Methods, Exponential Smoothing, Regression and Correlation Methods, Time Series Analysis, Application and Control of Forecasts.
Capacity Planning: Capacity Strategy, aspects of Capacity Planning, Determination of Capacity Requirement, Types of capacity, Evaluation of Alternative plant size, Traditional Economic Analysis, Cost-Volume Profit Analysis.
Aggregate planning and master scheduling Objectives of Aggregate planning Methods, Master Scheduling, Objectives, Master Scheduling Methods.
Materials Management: Scope of Materials Management, Purchase system and procedure, purpose of Inventories, Classification of inventory, factors effecting inventory, inventory models, probabilistic models, inventory systems classifiation, selective inventory control, stores management, standardization codification and variety reduction. Material and Capacity Requirements Planning Overview, MRP and CRP, MRP Underlying concepts, system parameters, MRP Logic, CRP Activities.
Scheduling and controlling Production Activities: Introduction, PAC Objectives and Date Requirements. Scheduling Strategy and Guidlines., Scheduling Methodology, Priority Control, Capacity Control
Jist in Time (JIT) in manufacturing planning & control. Major-elements, Characteristics of Just in Time System pre-requiste for JIT manufacturing, Elements of Manufacturing, Eliminating Waste, Enforced, Problem Solving and Continous Improvements, Benefits of JIT Purchasing, The Kanban System JIT inplementation in Industries.
Bottleneck scheduling and theory of constraints
Issues in choosing manufacturing technologies and strategies: product life cycle, standardization, simplification, diversification, value analysis.
 

List of Recommended Books:

  1. Production and Operations Management, Adam Everett E.& Elbert Ronald J., PHI

  2. production & Operation Management; S.N.Charry, TMH

  3. Manufacturing planning and control systems; Berry W.L.Whybark D.C. Vollman T.E.galgotia Publication Pvt. Ltd.

  4. Operations Management: Theory and Problems Monk J.G. McGraw Hill.

  5. Production Systems, Riggs, J.L. Wiley Eastern