FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS
Production and operation Management and Optimization
Course code: BME716 L-T-P Structure: 3-1-0 Maximum Marks: 100 Course Type: Core Course
Objective: The objective is to get the students acquainted with the design aspects of operations and material management and to develop relevant skill.
UNIT I : Operations Management – Meaning – Importance – historical contributions – System view of OM - Operation strategy and competitiveness - Functions of OM – types of production systems
UNIT II: Product design and process selection – Evaluation and Selection of appropriate Production and Operations technology, Product Design and process selection, Types of layout – analysis and selection of layout – Product and / or Process layout, Transportation, Transshipment and Assignment problems.
UNIT III : Production planning and control – meaning – functions – aggregate planning – master production schedule (MPS) – Material requirement planning (MRP) – BOM – Capacity requirement planning (CRP) – Techniques – problems in MRP and CRP – an introduction to MRP II and ERP – Business Process Re-engineering - Total Productive Maintenance (TPM)
UNIT IV : Materials management – functions – material planning and budgeting – Value Analysis - purchase functions and procedure - inventory control – types of inventory – safety stock – order point – service level – inventory control systems
Deterministic and Stochastic Inventory Models: Single and multi period models with continuous and discrete demands, Service level and reorder policy.
UNIT V : Simulations: Simulation Versus mathematical modelling, Monte Carlo simulation, simulation language ARENA, Example and cases.
Decision Theory: Decision under various conditions. Total Quality Management Concept (Case studies are compulsory)