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Industrial EngineeringcoretheorySem 3

OPERATIONS MANAGEMENT

MIE 3227

Syllabus

  • 01Operations Management Concepts: Introduction, Operations Functions in Organizations, Operations Decision Making: Introduction, Management as a science, Characteristics of decisions, Decision Tree Problems, Economic Models Break-even analysis in operations, P/V ratio
  • 02System Design and Capacity
  • 03Forecasting Demand: Opinion and Judgmental methods, Delphi technique, Time series methods, Moving Average methods, Exponential smoothing, Trend adjusted Exponential Smoothing, Regression, and correlation methods
  • 04Aggregate Planning and Master Scheduling: Introduction- planning and scheduling, Objectives of aggregate plan, Three Pure Strategies of Aggregate planning, Master scheduling methods with numerical, Numerical on Level production and chase demand, Material Requirements Planning
  • 05Scheduling and Controlling Production Activities: priority sequencing, Single and multiMachine Scheduling

References

  • Lee J Karjewski and Larry P Ritzman, Manoj Malhotra, Operations Management – Processes and Supply Chain, Pearson Education Asia, 12th Edition, 2010
  • B. Mahadevan, Operations Management – Theory and Practice, 2nd Edition, PHI, 2010
  • Buffa, Modern Production/Operations Management, Wiley India Ltd. - 4th edition, 2009
  • Chary S.N, Production and Operations Management, Tata-McGraw Hill. - 3rd edition 2015
Credits Structure
3Lecture
0Tutorial
1Practical
4Total