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OM-R11
(PGDM-RM 2011-13 : Term-III)

Course outline OM RM XIMB
Operations Management
Course Facilitators: Arun Kumar Paul (arun_kr_paul@yahoo.com; 099343 05506 )


A. Programme Objective: Operations Management (OM) deals with the design and management of products, processes, services and supply chains. It considers the acquisition, development, and utilization of resources that firms need to deliver the goods and services their clients want, be it in the industries or in the rural sector.
The scope of OM ranges from strategic to tactical and operational levels. Representative strategic issues include determining the size and location of manufacturing plants, deciding the structure of service or telecommunications networks, and designing technology supply chains. Tactical issues include plant layout and structure, project management methods, and equipment selection and replacement. Operational issues include production scheduling and control, inventory management, quality control and inspection, traffic and materials handling, and equipment maintenance policies.

This course should give you an introduction to the functional area of production and operations management as practiced in manufacturing industries and the services sector. It includes decision-making, project management, facility layout in both manufacturing and services industries, quality control, just-in-time systems, forecasting, aggregate planning, inventory management, materials requirements planning (MRP), and operations scheduling.

Upon successful completion of this course, you should be able to:

· Demonstrate awareness and an appreciation of the importance of the operations and supply management to the competitiveness & sustainability of an enterprise.
· Demonstrate a basic understanding of project management.
· Demonstrate an awareness of the importance of facility layouts.
· Explain the importance of quality control and apply techniques to measure & control quality.
· Explain the importance of forecasting and develop the ability to apply some mathematical forecasting techniques.
· Demonstrate an understanding of the concept of aggregate planning.
· Demonstrate an understanding of the problems involved in inventory management.
· Have elementary understanding of concepts such as six sigma methodologies, total productive maintenance (TPM) and theory of constraints (TOC).

For better appreciation of the course, students are advised to come to the class fully prepared after reading the relevant chapter(s) from the designated text book.

B. Provisional Session Plan:
Session No.
Topics
Remark
1
· Introduction to Operations Management (OM)
· Role of OM in Strategy & Competitiveness
2, 3
· Forecasting
4
· Product & service design
· Capacity planning for products & services
5
· Capacity planning for products & services
6
· Location planning & analysis
· Process selection & facility layout
7, 8
· Inventory management
9
Mid-course Presentation on Group work A (Theoretical) and B (Practical)
10
· Aggregate planning
· MRP, MRP II, ERP
11
· JIT & Lean operation
· Scheduling
12
· Scheduling
13, 14
· Supply Chain management
15, 16
· Project Management
17, 18
· Quality Management
· Total Productive Maintenance (TPM)
19
· Introduction to six sigma methodologies
20
· Basics of Theory of Constraints (ToC)
21
Final Presentation and Submission on Group work A and B
22
Quiz, Mid-term, End term – As per agreed schedule
C. References:
1. Operations Management by William J Stevenson, McGraw-Hill. [A hard copy of this book will be given to all students enrolled for this course]
2. Operations Management for Competitive Advantage by Chase, Jacobs & Aquilano, TMH.
3. Operations Management by Russell and Taylor III, Pearson Education.
4. Modern Production / Operations Management by Buffa and Sarin, John Wiley & Sons.
5. Operations Management: Processes and Value Chains by Krajewski, Ritzman and Malhotra, , Pearson or Prentice Hall.

D. Group Work:
a) Theoretical in nature: A short paper / Article on any recent (not older than year 2007) Operations Management related topics (Max 15 pages, A4 size, 12 New Times Roman , single spaced; soft copy and hard copy submission on a mutually agreed date, but before the End term).
b) Practical / Application oriented: Applying concepts and tools learnt in the course, to a real-life situation in production and operations management area of a Company / Industry sector (based on primary or secondary information !). (Submission: Hard copy (.doc + .xls) + soft copy (.doc, .xls, .ppt), on the day of Group presentation).

Criteria of evaluation for Group Works:


E. Evaluation Methodology and Component (for the entire course):
1. Class Room Attendance: : 5 %
2. Class participation , Discussion (only relevant ones!) : 5 %
3. Quiz (Individual) : 10 %
4. Mid term (Individual) : 15 %
5. Group Work (A + B) : 10 + 15 %
6. Final exam (Individual) : 40 % F. Grading (To follow ‘Student’s Manual’): Created By: Hemanta Ranjan Deo on 12/12/2011 at 10:23 AM
Category: PGPRM-II Doctype: Document

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