IL4204 Operations Management Syllabus:

IL4204 Operations Management Syllabus – Anna University PG Syllabus Regulation 2021

OBJECTIVES:

 Summarize the operations, its strategy and design.
 Identify the future demand with accuracy.
 Plan the production and its resources.
 Illustrate the Inventory and its control.
 Interpret the control of production.

UNIT I UNDERSTANDING OPERATIONS AND ITS DESIGN

Introduction to Operations Management, Manufacturing trends in India, Systems Perspective, Functions of Operations Management, Challenges and current priories for operations management; The Relevance of Operations Strategy, Formulation of Strategy, World Class Manufacturing Process and Emerging Trends and Implications for Operations; Designing Operations – Design of Manufacturing Process and Design of Services Systems.

UNIT II DEMAND FORECASTING

Forecasting as a planning tool, need for forecast, forecasting time horizon, Design of forecasting system, Developing the forecasting Logic, Sources of data, Models for forecasting, Explorative Methods using Time Series – Moving averages, The exponential smoothing method, Extracting the components of time series, Estimating the trend using linear regression and Extracting the seasonal component; Causal Methods of forecasting, Accuracy of Forecasts and using the Forecasting System.

UNIT III PRODUCTION PLANNING

Aggregate Production Planning and Master Production Scheduling; Resources Planning – Dependent demand attributes, the basic building blocks of a planning frame work, MRP logic, Using the MRP system, Capacity Requirements (CRP), Distribution Requirement Planning (DRP), and Resources Planning; Manufacturing Resources Planning (MRP II), Enterprise Resource Planning (ERP) and Resources Planning in Services.

UNIT IV INVENTORY PLANNING AND CONTROL

Inventory planning for independent Demand items, Types of inventory, Inventory Costs, Inventory Control for Deterministic Demand items, Handling Uncertainty in Demand, Inventory Control Systems, Selective Control of Inventory, Inventory Planning for Single – Period Demand and other issues in Inventory Planning and Control.

UNIT V CAPACITY ANALYSIS AND OPERATIONAL CONTROL

Defining capacity, Measures of capacity, The time horizon in capacity planning, The capacity planning framework, Alternatives for capacity augmentation, Decision tree for capacity planning; Operational control – Input – Output Control, Operational Control issues in mass production systems and Operations planning and control based on the theory of constraints; Elements of JIT Manufacturing and Production planning and Control in JIT.

TOTAL: 45 PERIODS

OUTCOMES

CO1: The students will be able to understand what is operations management, its strategies and design of operations.
CO2: The students will be able to apply various techniques in forecasting the future Demand with accuracy.
CO3: The students will be able to plan the production schedule and apply techniques like Aggregate plan, MRP, MRP II, DRP and ERP.
CO4: The students will be able determine the lot size and understand the inventory systems. Also will be able to classify the inventories for a better control.
CO5: The students will be able to understand capacity planning and exercise control on production. Also understand JIT implementation and control.

REFERENCES:

1. Lee J.Krajewski, Larry P.Ritzman, “Operations Management”, Pearson Education, 2012.
2. Mahadevan,B. Operations- Theory & Practice, Pearson Education, 2015.
3. Panneerselvam,R. Production and operations management, PHI, 2012.
4. SeetharamaL.Narasimhan, Dennis W.McLeavey, Peter J.Billington,“Production Planning and Inventory Control” , PHI, 2002.