8ME2-OPERATIONS MANAGEMENT |
Units: I |
Introduction: Scope of Operations Management, operations manager and the management
process. Operations Strategy, Competitiveness and Productivity. Demand Forecasting:
components of forecasting demand, Approaches to forecasting: Qualitative methods, Time
series methods, Regression methods, Accuracy and control of forecasts, Selection of
forecasting technique.
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Units: II |
Products and Services, Process, Types of Production Systems: Mass, Batch, Job shop
production. Product and process matrix. Process planning and Process analysis. Capacity
Planning: Defining and measuring capacity, steps in capacity planning process, determining
capacity requirements, Capacity alternatives, Evaluation of alternatives-Cost- Volume
analysis etc. |
Units: III |
Production Planning: Production planning objective and functions, Bill of material, Capacity
and man power requirement planning, Planning levels: long range, Intermediate range and
Short range planning, aggregate planning; Objective, Strategies, graphical and mathematical
techniques of aggregate planning, master production scheduling, MRP and MRPII Systems
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Units: IV |
Production Control: Capacity control and priority control, production control functions;
Routing, scheduling, dispatching, expediting and follow up. Techniques of production control
in job shop production, batch production and mass production systems,
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Units: V |
Material Management: Objectives, scope and functions of material management, planning,
procurement, storing, ending and inventory control. Purpose of inventory, inventory cost,
inventory control systems, Selective inventory control systems, Determination of EOQ, Lead
time and reorder point. Methods of physical stock control
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