Operations Management syllabus
Browse the units
Operations Management
9 units
1 Introduction (5 LHs)
- Definitions, scopes, and objectives of operations management
- Transformation process
- Differences between production and service operations
- Operations and supporting functions
- Role of the operations manager
- Production system
- Key issues for operations managers
- Historical evolution of operations management
- Productivity
5 Quality System (6 LHs)
8 Assignment Problem (4 LHs)
1. Introduction (5 LHs)
- Definitions, scopes, and objectives of operations management
- Definitions, scopes, and objectives of operations management
- Transformation process
- Transformation process
- Differences between production and service operations
- Differences between production and service operations
- Operations and supporting functions
- Operations and supporting functions
- Role of the operations manager
- Role of the operations manager
- Production system
- Production system: Intermittent and continuous
- Key issues for operations managers
- Key issues for operations managers
- Historical evolution of operations management
- Historical evolution of operations management
- Productivity
- Productivity: Concepts, and types.
2. Operations Strategy (3 LHs)
- Introduction to operations strategy
- Introduction to operations strategy
- Operations strategy as a competitive weapon
- Operations strategy as a competitive weapon
- Linkage between corporate, business and operations strategy
- Linkage between corporate, business and operations strategy
- Components of operations strategy
- Components of operations strategy
- Manufacturing strategies
- Manufacturing strategies
- Service strategies.
3. Product and Service Design (5 LHs)
- Concept of product and service design
- Concept of product and service design
- Product development process
- Product development process
- Difference between product and service design
- Difference between product and service design
- Emerging issues in product and service design
- Emerging issues in product and service design
- Value analysis
- Concurrent engineering and quality function deployment
- Concurrent engineering and quality function deployment
- Waiting line theory (Single channel only)
- Waiting line theory (Single channel only).
4. Inventory Management (4 LHs)
- Concept and importance of inventory
- Concept and importance of inventory
- Inventory costs
- Dependent and independent demand
- Dependent and independent demand
- Inventory systems- continuous and periodical
- Inventory systems- continuous and periodical
- Basic economic order quantity (with and without discount)
- Basic economic order quantity (with and without discount).
5. Quality System (6 LHs)
- Introduction to quality
- Introduction to quality
- Historical evolution of total quality management
- Historical evolution of total quality management
- Philosophy, principles and concepts of total quality management. Costs of quality
- Philosophy, principles and concepts of total quality management. Costs of quality
- Quality Control
- Quality Control: Introduction, objectives, advantages
- Statistical process control -Control charts- control charts for variable
- Statistical process control -Control charts- control charts for variable
- JIT and Six Sigma
- Quality Management System
- Quality Management System: ISO 9000 series
- 7 tools for the quality
- 7 tools for the quality.
6. Decision Theory (7 LHs)
- Introduction to decision making environment
- Introduction to decision making environment
- Decision making under uncertainty
- Decision making under uncertainty: Criterion of maximax, maximin, minimax regret, Laplace and Hurwitz’s
- Decision making under risk
- Decision making under risk: Expected monetary value criterion, expected opportunity loss criterion, Expected profit of perfect information, Expected value of prefect information
- Marginal analysis.
7. Transportation Problem (6 LHs)
- Introduction, generating initial basic feasible solution and testing optimality condition
- Introduction, generating initial basic feasible solution and testing optimality condition
- Solution of minimization problem (excluding loop formation)
- Solution of minimization problem (excluding loop formation).
8. Assignment Problem (4 LHs)
- Introduction, and objectives of assignment problem
- Introduction, and objectives of assignment problem
- Solution of minimization and maximization problem
- Solution of minimization and maximization problem.
9. Game Theory (5 LHs)
- Introduction
- Introduction
- Importance of game theory
- Importance of game theory
- Two person zero- Sum game
- Two person zero- Sum game
- Pure strategies
- Games with saddle point
- Games with saddle point
- Mixed strategies
- Rules of dominance
- Solution methods of Games
- Solution methods of Games: Algebraic method only.