Skip to main content

Production and Operations Management

Production and Operations Management

The aim of the Production and Operations Management subject is to acquaint students with the concepts and principles of production and operations management; to explain historical milestones in production and operations management, and to elucidate the responsibilities of production and operations management.

The objective of the Production and Operations Management subject is to acquaint the students with decision making in planning, scheduling, and control of production and operations management functions in both manufacturing and services; the impact of information technology and technological advancement for the up-gradation of facilities; and productivity improvement in operations.

Unit 1:    Introduction to Operations Management

Unit 2:    Production Processes, Manufacturing and Service Operations

  • Production Processes
  • Manufacturing Operations and Service Operations
  • Characteristics of Manufacturing
  • Characteristics of Services
  • Challenges faced by Operations Managers

Unit 3:    Long Range Capacity Planning and Facility Location

  • Long-Range Capacity Planning
  • Estimating the Capacities of Existing Facilities
  • Forecasting Long-term Future Capacity Demand
  • Identifying and Analysing Sources of Capacity to Meet Future Capacity Needs
  • Capacity Management
  • Facility Location Selection
  • Errors in Selection
  • Importance of Location Factor
  • Location Models

Unit 4:    Facility Layout

  • Inputs of Layout
  • Types of Layout
  • Layout Design Procedure
  • Layout Problems
  • Importance of Facility Layout

Unit 5:    Project Management and Scheduling

  • Project Design
  • Setting Project Objectives
  • Scope of the Project
  • Work Structure
  • Project Structure
  • Project Planning and Scheduling
  • Program Progress Charts
  • Limitations of Bar Charts
  • Overview of Capital Budgeting
  • Overview of Strategic Planning

Unit 6:    Inventory Management

  • Defining Inventory
  • Nature of Inventory
  • Types of Inventory
  • Principles of Inventory Management
  • Inventory Planning
  • Reasons for Maintaining Raw Material Inventory
  • Resource Inventory Management
  • Planning in Inventory Control
  • Hierarchy of Planning
  • Effective Material Organisational Structure
  • Methods of Valuation of Inventory
  • Ratio Analysis in Business
  • Inventory on the Income Statement
  • Inventory on the Balance Sheet

Unit 7:    Quality Management

  • Definition of Total Quality Management
  • Cost of Quality
  • Continuous Improvement - Kaizen
  • Employee Empowerment
  • Tools of Quality Control
  • Process Management
  • Quality Standards
  • Reasons for TQM Failure

Unit 8:    Just-in-Time and Lean Production

  • History and Philosophy of JIT
  • Just-in-Time Concept
  • Benefits and Problems
  • Implementation of JIT
  • Lean Manufacturing
  • Basic Elements of Lean Manufacturing
  • Characteristics of Lean Manufacturing
  • Benefits of Lean Production
  • Transition to Lean Enterprise
  • Six-Sigma
  • Benefits of Six-Sigma
  • Difference between Six-Sigma and TQM


Popular posts from this blog

Functions of Human Resource Management

Question - What do you mean by Human Resource Management? Explain various functions of Human Resource Management. Answer Meaning of Human Resource Management Human Resource Management is a management function concerned with hiring, motivating, and maintaining the workforce in an organization. Human resource management deals with issues related to employees such as hiring, training, development, compensation, motivation, communication, and administration. Human resource management ensures the satisfaction of employees and the maximum contribution of employees to the achievement of organizational objectives. According to Armstrong (1997) , Human Resource Management can be defined as “a strategic approach to acquiring, developing, managing, motivating and gaining the commitment of the organization’s key resource – the people who work in and for it.” Functions of Human Resource Management Human Resource Management functions can be classified into the follow

MBA Notes - Nature and Scope of Marketing

Question - Define marketing and explain the nature and scope of marketing.

Advertising Management Notes

The MBA Advertising Management Subject aims to acquaint the students with concepts and techniques and give experience in applying concepts for developing an effective advertising program.  MBA Advertising management is a four-module subject. The first module deals with the general introduction of advertising and its importance. It will also discuss the functions in the organization and the main duties of the advertising manager. The second module is about Advertising strategies, it will explore the communication mix, creation of any advertising program. The third module is about advertising media, it deals with the different classifications of different media, its planning, scheduling, selection, and evaluation. The last module is the management of advertisement, it deals with advertising budget, control, and administration, it also covers the social responsibility in advertising. Module I: Introduction to Advertising Introduction to Advertisement Definition and Objectives