What is the strategic perspective of operation and production management?.Of the weighted moving average method of forecasting Define the term “forecasting” What is its purpose? Describe the uses and limitations.What is the function of a Production Manager? Is this function different from the function of a marketing manager?.How will environmental issues impact on the future of production and operations?.Discuss the various stages in the evolution of production and operation management discipline.Define operation processes and explain its key components.What do you understand by operation and production management?.Explain the regression method of demand forecasting.What are the possible consequences if a large-scale firm places its product in the market without having estimated the demand for its product?.Discuss critically the different models of forecasting.Important Questions of MBA 2 nd Semester Production and Operations Management
Operations Planning and Scheduling Systems: Aggregate Planning and its Process Master Scheduling Aggregate Planning for Service Organizations Operating Schedules Sequencing Rules Optimized Production Technology and Synchronous Manufacturing Just in Time (JIT) Manufacturing System Basics of SCM and ERP Inventory Management: Basic Economic Order Quantity (EOQ) Model Quantity Discount Models Spare Parts Inventory Material Resources Planning Manufacturing Resource Planning Purchasing Objectives Unit 7: Layout Design: Layout Planning Layout Types Design of Product and Process Layouts Job Design Work Measurement Unit 6: Product and Process Design: Product Development Product Design Tools Design of Services Flexible Manufacturing Systems Process Design: Types of Process, Modern Production Technologies Process Reengineering Unit 3:Ĭapacity Design: Capacity Management Economies and Diseconomies of Scale and Learning Curve Capacity Strategies įacility Location: Location Strategy and its Importance Factors influencing Plant Location Globalization Location SelectionModels Operations and Productivity: Operations Functions and Evolution of POM Framework for Managing Operations Operations Strategy Trends in Operations Management Syllabus of MBA 2 nd Semester Production and Operation Management
#PRODUCTION AND OPERATIONS MANAGEMENT BY R PANNEERSELVAM PDF PDF#
Production and operation management notes Pdf MBA 2 nd Semester Production and Operation Management production and operations management notes for MBA pdf
“ The set of interrelated management activities which are involved in manufacturing certain products is called production management and for service management, the corresponding set of management activities is called as operation management.” A person cannot demarcate the starting and ending point of production and operation management within an establishment. The cruciality of production and operation management is a process which can combine and transform a lot of resources which are basically used in the production/operation subsystem of the organization into value-added products as well as services in a controlled manner which goes by the policies of an organization. A cost benefit analysis revealed that although the project would initially be costly, a reduction in inventory can be realized through removal of slow moving and obsolete stock, realizing some annual savings in the long run, coupled with an improvement in record keeping and accountability.Production And Operations Management Notes for MBA PDF Format A 10-digit inventory codification system was designed based on 7 rules for generic application and capability for ‘make or buy’ decisions on spare parts. An inventory audit provided some insights on the company's inventory control status. A work study was carried out at a tube and pipe manufacturing company in Zimbabwe followed by an analysis outlining the operations, limitations and process flows. This paper looks at the engineering and technical services required to maintain smooth production with the aim of developing an inventory control system for the efficient utilization of resources. Lack of proper inventory control usually leads to high stock-outs resulting in ‘firefighting’.
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