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
/ 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