EFFECT FROM THE ACADEMIC YEAR 2013 - 2014

 

ME 451

MANAGEMENT INFORMATION SYSTEMS

                                                                                                    (Elective - III)

 

Instruction                                                                                                                                                                                                                                                                           4  Periods per week

Duration of University Examination                                                                                                                                                                                                                                  3  Hours

University Examination                                                                                                                                                                                                                                                     75 Marks

Sessional                                                                                                                                                                                                                                                                            25 Marks

 

UNIT-I

 

Inventory control: Deterministic and stochastic inventory models; variable demand, lead time, specific service level, perishable products and service. Inventory control in application; concepts for

the practitioners; saving money in inventory systems; ABC classifications.

 

Inventory control procedures; Quantity - reorders versus periodic inventory systems; material requirement planning (MRP); MRP as a scheduling and ordering system; MRP system components;

MRP computational procedure; Detailed capacity planning; MRP -limitation and advantages; Manufacturing Resource Planning (MRP-II).

 

UNIT-II

 

Forecasting: Demand over time; dependant versus independent demand; Forecast error; Forecast models for operations; Qualitative models -Delphi, Nominal group technique, Time - series qualitative models; Single average; single moving average; Weighted moving average; Exponential smoothing; Smoothing coefficient selection; Adaptive exponential smoothing; Double exponential smoothing; Supply chain management.

 

UNIT-III

 

Marketing Management: Marketing concept - 4P components of marketing mix management, product life cycle and its forecasting strategies. Marketing Research Techniques and different sales promotion methods.

 

Financial Management: Element of cost - establishing selling price of a product, overheads and its distribution. Nature of financial management. Time value of money, techniques of capital budgeting.

UNIT-IV

 

Project Management: Network analysis; Network fundamental; PERT/ CPM; Scheduling the activities; Fulkersons’s rule; Earliest and latest times;

 

Determination of ES and EF in the forward pass; LS and LF in backward pass; Determination of critical path; Beta distribution; Deterministic and probabilistic models; Time-Cost trade-offs; Network flow; Resource analysis and allocation.

 

UNIT-V

 

Information Systems: Managerial functions and roles, comparison of the characteristics of the information systems used at operational, tactical and strategic planning levels, concepts of systems and

organizations, Model of an information system, Strategic uses of information technology. Categories of computers, input/output devices, primary and secondary storage, introduction to operating

systems.

 

Suggested Reading:

 1.Everett E. Adam, Jr and Ronald J. Ebert, Production and Operations Management - concepts, models and behavior, 51th ed. 1998, (EEE), Prentice-Hall of India (P) Ltd., New Delhi.

 2.Robert Schultheis, Mary Summer, Management Information Systems Irvin McGraw Hill, 1998.

 3.Laudon, KC. & Laudon, J.R, Management Information Systems,Pearson Education (India), 2002.

 

 4.Khalid Sheikh, Manufacturing Resource Planning (MRP-II) –with Introduction to ERP, SCM ann CRM, Tata McGraw Hill Publishing Company Ltd, New Delhi, 2001.