Production And Operations Management
UNIT-1
Introduction to Production and Operations
Introduction
Production is the core process of transforming raw materials and other inputs into finished goods...
Historical Development
1. The Industrial Revolution (1760s-1840s): Cottage System: Prior to the Industrial Revolution...
Concept of Production and Production System
Concept of Production What is Production? Production is the process of transforming inputs into o...
Classification of Production System
Classification of Production 1. Intermittent Production Systems Characteristics: Produce good...
Production Management and its Objectives
Production Management What is Production Management? Production management applies management pri...
Distinction between Manufacturing Operations and Service Operations
Manufacturing Operations vs. Service Operations Feature Manufacturing Operations Service Opera...
Operations Management and its Objectives
Operations management objectives can be categorized into two primary areas: customer service and ...
Managing Global Operations
Managing Global Operations: Challenges and Opportunities Managing global operations presents uniq...
Scope of Production and Operations Management
Production and operations management encompasses a wide range of activities crucial for efficien...
UNIT 2 Plant Location and Plant Layout
Introduction
Facility location, also known as plant location, is a crucial strategic decision for any organiza...
Need for selecting a suitable location
Why is Location Selection Necessary? The need for selecting a suitable location arises in a varie...
Factors influencing Plant Location
Costs: Tangible and Intangible Cost is a primary driver in location decisions, but costs are not ...
Cost Volume/ Break Even Analysis
Location Decision Analysis: Cost-Volume & Break-Even Analysis Locational Cost-Volume Analysis Con...
Factor Rating Method
Concept The Factor Rating Method is a structured approach to location selection. It allows for th...
Centre of Gravity Method
Concept The Center of Gravity method is a mathematical technique used to determine the optimal lo...
Weber’s theory of location
Core Idea Alfred Weber's theory, developed in 1909, states that industries locate where productio...
General locational factors and Specific locational factors for manufacturing organization and for Service organization.
Location decisions are complex, influenced by various factors. These can be broadly classified in...
Objectives and Principles of Plant Layout
Objectives of Layout Strategy The primary goal of a layout strategy is to develop an effective an...
Types of Plant layout
1. Office Layout Purpose: Comfort, safety, and information flow for workers. Focus: Informat...
UNIT-3 MATERIALS MANAGEMENT
Introduction and Scope of Materials Management
Materials management is a unified approach to handling materials in industry, aiming for cost red...
Material Planning and Control
Material planning and control is crucial and is influenced by both broad and specific factors. In...
Purchasing and Stores Management
Purchasing Objective: Ensure continuous material supply. Reduce finished goods cost. Key to Man...
Inventory Control Techniques
Inventory Basics: Inventory = Stocked materials acting as a buffer between supply and demand. Ef...
Vendor selection, development and Vendor rating
Vendor Selection Importance: The purchasing department is responsible for choosing the right sup...
Standardization and Simplification
Definition: Standardization is establishing benchmarks for measuring quality, quantity, value, pe...
Value Analysis, Ergonomics, Just in time
Definition: Value Analysis (VA) is a systematic method to enhance a product's value by either cut...
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