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Operations Management_ Course Outline _2024

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0% found this document useful (0 votes)
4 views

Operations Management_ Course Outline _2024

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fikuerrbailando
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© © All Rights Reserved
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SVKM’s NMIMS ASMSOC – Course Outline

Course Code 742QT0C009


Course Title Operations Management
Course Dr. Kajori Banerjee
Instructor/s Prof. Rajiv Wad
Prof. Anantha Murthy N K-VF
Dr. Sopnamayee Acharya
Dr. Vidyasagar Voorugonda
Course 4
Credit
Program and B.Com. (Hons.) Semester -VI
Semester
Pre-Requisite Basics of Business Practices
Learning Learning Objectives:
Objectives  To acquire knowledge of concepts and application of operations
management in various functional areas of business (PLO 1a)
 To analyse and interpret the data to evolve strategies for business. (PLO
2b)
 To demonstrate effectively oral and written communication through a
project. (PLO 3a)

Learni  A complete understanding about various functions and discipline of


ng
Operations Management and Incorporating various Japanese
Outco
mes techniques in day to day working to show conceptual clarity of the
business function.
 Understanding of Operations Research and its application to
develop strategies for business.
Pedagogy Lectures; PPTs, Videos; Case Studies, Numericals
Course This course illustrates the concepts in operations management research and
Description discusses its application in business.
Evaluation
Pattern Specific % AOL Intended CLOs to be
Assessment Weightag Instrument Assessed
Methods / e (Marks) s CLO 1 CLO 2 CLO 3
Task
Class 30% Test yes yes no
assignment (15
marks)
Mid-term 40% Case study/ yes yes no
(20 conceptual
marks)
Project 30% Presentation yes yes yes
(15
marks)
Total (ICA) 50 (50%)
TEE 50 (50%) yes yes yes
Course Session Plan

Session Topics / Module Chapters (Mention Page Numbers)


/ Articles / Cases / Material
and Activities
Introduction to Operations Management RB Khanna
1-4 1. Basics of operations management Russell & Taylor
2. Scope & functions
3. Production Vs Productivity
4. Partial and Total Productivity
5. 4 Ms
6. Efficiency Vs Effectiveness
CLO 1
(Numericals included)
5-8 Production Systems RB Khanna
1. Continuous: Mass / Russell & Taylor
Flowline production
2. Batch Production
3. Job production
4. Projects
CLO 1
(Numericals included)
9 – 10 Plant Location RB Khanna
1. Factors affecting plant location Russell & Taylor
2. Rural Vs Urban Factors
CLO 1
(Numericals included)
11-16 Plant Layout RB Khanna
1. Principles of plant Layout / Russell & Taylor
Factors affecting plant layout
2. Material flow system (I type,
U type, S Type, O Type, L
Type)
3. Process Charts (Operations &
Flow Type)
4. Type of Plant Layouts
(Process, Product, Fixed
Position, Hybrid)
CLO 1
(Numericals included)
17- 21 Inventory Management RB Khanna
1. Concept of EOQ (Finding EOQ, Russell & Taylor
Total Cost, No. of Orders,
Cycle Time)
2. ABC Analysis
3. VED Analysis
4. FSN Analysis
5. SOS and GOLF Analysis
CLO 1
(Numericals included)
22 - 23 Maintenance Management RB Khanna
1. Preventive and SN Chary
Breakdown maintenance
2. Maintenance Curve
3. Planned Maintenance
CLO 1
(Numericals included)
24 - 29 Various techniques: RB Khanna
1. Kaizen Russell &
2. Kanban Taylor SN
3. JIDOKA, POKA YOKE, Chary
5S, GEMBA, ANDON
4. Six Sigma
5. Quality Control
6. 7 Quality Tools
CLO 3
30 Basics of ISO RB Khanna
CLO 3 Russell & Taylor
31-40 Network Analysis – CPM& PERT N.D. Vohra
Critical Path Method
1. Introduction.
2. Basic concepts
3. Construction of simple network,
dummy included
4. Time Estimates in CPM: Earliest
Start Time (ET) and Earliest Finish
Time (EF), Latest Start Time (LS)
Latest Finish Time (LF)
5. Float of an Activity: Total Float,
Interfering Float, Free Float and
Independent Float.
6. Concept of Critical events, critical
activities, critical path.

Time-cost Trade-Off - Crashing


 Optimum cost and minimum
time problems.
Note: Max 10 to 15 activities in a
network
 Cost Slope.
 Stepwise crashing to be done.
 Optimum cost and minimum
time problems.
 Crashing answer should be
obtained within a maximum of 6
(six) steps. Max. 12 activities.
PERT
1. Three Time Estimates
2. Expected project duration,
Expected Activity durations and
Variance of activities
3. Estimate of Probability. 90%, 95%,
99% assurance period.
4. Reading of normal tables. Given
various durations, find probability
of completion.
Distinction between PERT and CPM.
CLO 2
(Numericals included)
41 - 45 Linear Programming – I [Graphical] N.D. Vohra
1. Formulation and solving of
Linear Programming Problems.
2. Minimization and
Maximization types.
3. Mixed constraints.
4. Explanation of infeasible
and unbounded solutions
CLO 2
(Numericals included)
46 - 60 Linear Programming – II [Simplex] N.D. Vohra
1. Formulation and solving of linear
programming model for the
given data. Maximization (all
constraints of the type ≤ only) and
minimization (all constraints of
the type ≥ only) type of problems.
2. Mixed constraints only simple
problems.
3. Total number of inequations to be
upto at most three (3) and total
number of decision variables to be
upto at most 3. All solutions to
be completed within
2
iterations (excluding the initial
table).
4. Degeneracy, two minimum ratios
being equal, ‘infinity’ and
‘negative’
minimu
m ratios included.
5. Unbounded solutions to the initial
problem
6. Multiple optimal solution
7. Infeasible solution
CLO 2
(Numericals included)

Text Books:
Reading
List and 1. R.B. Khanna, Production and Operations Management (2015). PHI
References Learning.

2. R. Russell & B. W. Taylor, (8th edition, 2013). Operations Management –


Creating Value across the Supply Chain. Wiley India.

3. N D Vohra, (6th edition, 2021). Quantitative Techniques in Management .


McGraw Hill.

Reference Books:

1. Ram Naresh Roy. A. (2007). Modern Approach to


Operations Management. New Age International (P) Ltd.
2. SN Chary (2019). Production & Operations Management. Tata
McGraw- Hill Education (6th Edition)
3. Janat Shah (2016). Supply Chain Management-Text & Cases. Pearson India.
(2nd Edition)
4. Kapoor V. K. (2014) Operations Research. S. Chand & Sons Publications

Prepared by Faculty Approved by Program Approved by Associate


Members Chairperson Deans
Dr. Kajori Banerjee

Approved by I/C Dean –


ASM SOC
Annexure

Tentative ICA and TEE

Specific Assessment AOL


% Weightage (Marks)
Methods / Task Instruments Tentative dates
Class assignment 30% (15 marks) Test April, 2024
Case study/
Mid-term 40% (20 marks)
numerical 14/3/24 to 16/3/24
Rubric-based
Project 30% (15 marks)
group activity Jan-March, 2024
Total (ICA) 50 (50%)
TEE 50 (50%) 6/5/24-14/5/24

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