Production and Operations Management

Paper Code: 
MIV 325
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

 

Course Objective:

The Objective of this course is to acquaint the participants with concepts and techniques used by international business practitioners in the field of trade logistics and to enable them to apply this knowledge in day to day business operations.

 

Course outcomes: On completion of this paper/course students will-

 

Course

Learning outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

MIV 325

Production and Operations Management

CO 129: Appreciate the strategic role of Operations management in creating and enhancing a firm’s competitive advantages.

CO 130: Understand key concepts and issues of Operations Management.

 

CO 131: Analyze production management process in both manufacturing and service organizations.

 

CO 132: Analyze business processes in services / manufacturing for improvement.

CO 133: Identify the operational issues in the value addition processes of a firm.

CO 134: Apply analytical skills and problem-solving tools to resolve the operational issues.

 

Approach in teaching:

Interactive Lectures, Group Discussion, Tutorials, Case Study

 

Learning activities for the students:

Self-learning assignments, presentations

Class test, Semester end examinations, Quiz, Assignments, Presentation

 

 

 

 

 

12.00
Unit I: 
Unit I

Role of operations management in business; Operations strategy; types of production systems; plant location and layout; new product development; managing processes;

 

12.00
Unit II: 
Unit II

Production planning and control- forecasting; routing, scheduling, expediting; aggregate planning; master scheduling, MRP; PPC in job shop, batch production, mass production and projects; Inventory control- quantity control and selective control;

 

12.00
Unit III: 
Unit III

The Notion of Capacity in Organizations,Process Design and Capacity Analysis, Capacity Estimation and De-bottlenecking,Other Issues in Capacity Planning  Edit

 

12.00
Unit IV: 
Unit IV

 Productivity Paradox in Organizations,Productivity Management: Philosophy, Tools & Techniques, Tools for Sustaining Productivity Improvements, Challenges in Lean Management

 

12.00
Unit V: 
Unit V

Quality control; maintenance; materials handling, work study- method study and work measurement; Contemporary issue- JIT, lean manufacturing, Concurrent, engineering, optimised production technology, etc.

 

Essential Readings: 
  • Aswathappa K, Bhat Sridhar K, Production & Operations Management, Himalaya Publication Ltd.
  • Chase, Aquilino, Jacobs Agarwal, Operations Management for Competitive Advantage, Tata Mcgraw Hill.
  • Krajewski L., Rizman L. & Malhotra M., Operations Management- Process value chains, Pearson Educations.
  • Bedi Kanishka, production and Operations Management, Oxford University Press, New Delhi
  • Adam, E. Everett, Ebert J. Ronald, Production and Operations Management concept, models, and behaviour, Fifth Ed. Prentice Hall of India, New Delhi.
  • Russell S. Roberta, Taylor W. Bernard, Operations Management, Fourth Edition, Pearson Education.

(Latest editions of the above books are to be referred)

 

ACADEMIC YEAR: 
2021-2022
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