Operations Management by Vipin Verma MBA 2nd sem

Operations Management by Vipin Verma MBA 2nd sem

MB 204: OPERATIONS MANAGEMENT

MODULE I

1.      Introduction to Production and Operations Management: Difference between Manufacturing and Service Operations; Product Process Matrix Capacity Planning-           Responsibilities of Production Manager; Production as a Coordination Function; Production Cycle, Production Planning & Control Concept.                       (4L)

2.      Characteristics of Manufacturing Systems: Classification of Manufacturing Systems with Examples; Differences between Intermittent and Continuous Production                                                                            (2L)

3.      Plant Location: Need for a Good Plant Location; Factors influencing Plant Location –Tangible and Intangible Factors; Economic Survey of Site Selection                                                                                     (2L)

4.      Plant Layout: Need for a Good Plant Layout; Characteristics of a Good Layout; Costs associated with Plant Layout; Process Layout vs. Product Layout; Optimization                                    in a Process Layout and Product Layout; Designing Product and Process Layout; Assembly Line Balancing – Concept and Problems; Cellular                                                   Manufacturing Concept                                                                                                                                                         (6L)

5.      Maintenance Management: Types of Maintenance – Breakdown and Preventive Maintenance; Total Productive Maintenance (TPM)                                                                                                                         (3L)

MODULE II

6.      Purchase Management: Purchasing Procedure; Value Analysis; Vendor Selection; Negotiation; Make or Buy Decision                                                                                                                                          (2L)

7.      Inventory Management: Classification of Inventory Items – ABC, FSN, VED classification; Introduction to EOQ and EBQ; MRP – Concept, Inputs and Outputs,                     Benefits, examples; Deterministic Demand Model–EOQ- Continuous and Periodic Review Inventory Models; Master Production Schedule and MRP; Concepts of MRP II,           JIT and ERP                                                                                                                                     (6L)

8.      Inspection & Quality Control: Types of Inspection; Statistical Quality Control –Acceptance Sampling and Control Charts                                                                                                                                              (5L)

9.      Scheduling: Sequencing – Definition and Assumptions; Sequencing of n jobs on a Single Machine – Shortest Processing Time, Longest Processing Time, Earliest          Due Date and First Come First Serve Basis; Sequencing of 2 jobs on 2 Machines – Gantt Charts, Limitations of Gantt Charts; Sequencing of n jobs on 2 and 3 Machines          Johnson’s Rule; Introduction to Project Management – CPM and PERT, Identification and Importance of the Critical Path                                                                                                                                     (6L)

10.  Work Study: Definition and its Importance; Basic Procedure in Performing a Work Study; Method Study –Objectives and Procedure; Work Measurement–Objectives              and Procedure; Concepts of Performance Rating, Basic Time, Allowances and Standard Time.                                                                                            (4L)