IE3551 Production and Operations Management Syllabus:
IE3551 Production and Operations Management Syllabus – Anna University Regulation 2021
COURSE OBJECTIVES:
• Recognize and appreciate the concept of Production and Operations Management in creating and enhancing a firm’s competitive advantages.
• Describe the concept and contribution of various constituents of Production and Operations Management (both manufacturing and service) .
• Relate the interdependence of the operations function with the other key functional areas of a firm.
• Teach analytical skills and problem-solving tools to the analysis of the operations problems.
• Apply scheduling and Lean Concepts for improving System Performance.
UNIT I INTRODUCTION
Objectives of Operations Management, Scope of Operations Management, Relationship of Operations with other Functional areas, Manufacturing Vs Service sector, Operations Decision making, Phases in Product Design and Development, Product Life Cycle, Process Selection.
UNIT II FORECASTING
Need, Determinants of Demand, Demand Patterns, Qualitative Forecasting Methods-Delphi techniques. Market Research, Nominal Group Technique.Quantitative Forecasting methods – Moving Average Methods, Exponential Smoothing Methods, Regression methods, Monitoring and Control of Forecasts, Requirements and Selection of Good forecasting methods.
UNIT III AGGREGATE PLANNING AND MATERIAL REQUIREMENT PLANNING
Role of aggregate Product planning, Managerial inputs to Aggregate planning, Pure and Mixed strategies, Mathematical Models for Aggregate planning – Transportation Method, Linear programming Formulation, Linear Decision Rues, Master Production Schedule(MPS), Procedure for developing MPS, MRP -Lot sizing methods – Implementation issues, MRP – II, Introduction to ERP.
UNIT IV CAPACITY MANAGEMENT
Measures of capacity, Factors affecting capacity, Capacity Planning, Systematic approach to capacity planning, Long-term and short-term capacity decisions, Tools for capacity planning, Capacity Requirement Planning- Business Process Outsourcing
UNIT V PRODUCTION ACTIVITY CONTROL AND LEAN MANUFACTURING
Objectives and Activities of Production Activity Control -JIT- Kanban- Introduction to Scheduling in different types of Production Systems. Lean Manufacturing – Principles – Activities – Tools and techniques – Case studies.
TOTAL: 45 PERIODS
COURSE OUTCOMES:
CO1: The students will appreciate the role of Production and Operations management in enabling and enhancing a firm’s competitive advantages in the dynamic business environment.
CO2: The students will obtain sufficient knowledge and skills to forecast demand for Production and Service Systems.
CO3: The students will able to Formulate and Assess Aggregate Planning strategies and Material Requirement Plan.
CO4: The students will be able to develop analytical skills to calculate capacity requirements and developing capacity alternatives.
CO5: The students will be able to apply scheduling and Lean Concepts for improving System Performance.
TEXT BOOK:
1. Panneerselvam. R, Production and operations Management, PHI, 3rd Edition, 2012.
REFERENCES:
1. Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman,Operations Management: Processes and Supply Chains Pearson Education,11th Edition,2015
2. Norman Gaither, Greg Frazier, Operations Management, Thomson Learning, 9th Edition, 2002.
3. William J Stevenson,OperationsManagement,McGraw Hill,13th Edition,2018.