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Lecture Notes

UNIT 1:
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Introduction Operations Management
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Phases of Operation Research
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Transformation Processes
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services and goods
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Differences Between Services and Goods
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Phases of Operation Research
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Objectives of Operations Management
UNIT 2:
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Demand Forecasting
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Capacity Planning
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MRP II and ERP
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Overview of MRP
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Overview of sales and operations planning
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Demand Forecasting- Need, Types, Objectives and Steps
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Types of Capacity Planning
UNIT 3:
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Work Study - Objectives, Procedure
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Productivity
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Work Measurement
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Product Design
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Product Design-Process - Planning
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Product Design-Selection, Major Decisions
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Method Study and Motion Study
UNIT 4:
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Advantages and applications of Push v/s Pull System
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Push v/s Pull System
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Lean Manufacturing FGS
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JIT and WIP
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Planning, Budgeting and Control
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Planning, Budgeting and Control
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Material Management
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Introduction to Material Management
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Inventory Management and ABC Analysis
UNIT 5:
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Introduction to Stores Management
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Nature, layout and classifications of store management
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Store management -Procedure
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Purchasing Organization
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Purchasing function
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Importance and techniques of vendors
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Selection of materials and Vendors rating
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Concept of value analysis.
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Importance of value analysis