EFFECT FROM THE ACADEMIC YEAR 2013 - 2014
ME 461
PRODUCTION AND OPEARATIONS MANAGEMENT
Instruction 4 Periods per week
Duration of University Examination 3 Hours
University Examination 75 Marks
Sessional 25 Marks
UNIT-I
Production & Operations Management: Introduction, Types of Production Systems - Job shop, Batch, Flow shop.
Plant location and Layout: Factors affecting plant location, Break even analysis, Plant layout objectives, Types of layouts, Merits and demerits. Work Study: Introduction to Method study and Work measurement, Standard time calculations, Methods of rating, Work sampling, Wages and Incentives, Types of incentive plans.
UNIT-II
Forecasting: Introduction, Forecasting objectives and uses, Demand patterns, Qualitative models - Market survey, Delphi, Quantitative models
– Moving average, Weighted moving average, Simple exponential smoothing, Trend adjusted exponential smoothing, Least square method, Simple regression, multiple regression.
Forecast Errors: Mean Absolute Deviation (MAD), Mean Square Error (MSE), Mean Forecast Error (MFE), Mean Absolute Percentage Error (MAPE)
UNIT-III
Aggregate planning and master scheduling: Introduction, Objectives of aggregate planning, Cost in aggregate planning, Strategies in aggregate planning, Master production scheduling
Materials requirement planning (MRP1): Importance of MRP, MRP system inputs and outputs, MRP calculations
Manufacturing Resource Planning (MRP2) & Enterprise Resource Planning (ERP): features of ERP packages like SAP, BANN, People soft etc.,
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UNIT-IV
Inventory Control: Importance of inventory control, types of inventory models, Inventory costs Deterministic inventory models – basic EOQ model, Production model without shortages, Purchase model with instantaneous replenishment and with shortages, Production model with shortages, Inventory model with price breaks, Fixed order quality system, Periodic review system, Inventory model with probabilistic demand.
UNIT-V
Project Management: Network fundamentals, Differences between PERT and CPM, Scheduling the activities, Fulkerson’s rule, Earliest and Latest times, Determination of ES and EF in forward path, LS & LF in backward path, Determination of critical path, Free float, Independent float, Total float, Program evaluation and review technique, Crashing of network.
Suggested Reading :
- 1.Joseph Monk, Operations Management, TMH Publishers, New Delhi, 2004.
- 2.Buffa Elwood S, Modern Production /Operations Management, John Wiley Publishers, Singapore, 2002
- 3.Everett E Adam, Jr and Ronald J. Ebert, Production and Operations Management- Concepts, Models and Behavior, 5th Ed. 1998, (EEE), Prentice Hall of India(P) Ltd., New Delhi.
- 4.Panneer Selvam R, Production and Operations Management, Second Edition, PHI Learning Pvt. Ltd., New Delhi, 2006.
- 5.S.D. Sharma, Operations Research, Kedarnnath, Ramnath & Co., Meerut, 2009.