BBA 6th Semester Production & Operation Management Course of Contents INSTITUTE OF MANAGEMENT STUDIES UNIVERSITY OF PESHAWAR GENERAL INFORMATION Course Duration Classes per week Duration of a class Total hours Timings 6 months 02 [ Monday and Tuesday] 1 and half hour 32 BBA 6th Morning [Monday and Tuesday] 8 AM to 9:30 AM BBA 6th afternoon [Monday and Tuesday] 3:30 PM to 5 PM CERTIFICATE AWARD CRITERIA Attendance: 70% attendance is mandatory. ASSESSMENT CRITERIA Nature Total # In a Semester % Weight Quiz 1 5% Assignment 1 10% Class discussion 5% Presentations 1 5% Mid-Term 1 25% Final Term Exam 50% COURE DESCRIPTION/OBJECTIVE This course is designed to provide the student with an understanding of the foundations of the operations function in both manufacturing and services. The course will analyze operations from both the strategic and operational perspectives and highlight the competitive advantages that operations can provide for the organization. The goal of the course is to help students become effective managers in today’s competitive, global environment. The course will examine operations as a competitive weapon, demand forecasting, o o supply-chain management, aggregate planning, o o o inventory systems, just in-time systems And material requirements planning. INDENTED LEARNING OUTCOMES By the end of this course it is expected that the student will be able to 1. Describe operation management areas of responsibility and the contribution of operations management to an organization. 2. Explain the concept of supply-chain management and the requirements and design of a successful supply chain. 3. Describe inventory systems for independent demand and the costs and benefits of carrying inventory. 4. Identify the characteristics of JIT (just-in-time) systems that enable the realization of the JIT philosophy. 5. Identify the key concepts of materials planning for dependent demand using MRP (material requirement planning). Chapter 1 Introduction Concept Of Production Concept Of Operations Difference Between Manufacturing And Service Operation Definition Of Operation Management Production Management Why Study Operation Management Functions Within Business Organization Historical Evaluation Of Production And Operation Management Chapter 2 Productivity Factors That Affect Productivity Improving Productivity Competitiveness Strategy Mission Strategy And Tactics Operation Strategy Strategy Formulation Quality And Time Strategies Chapter 3 Decision Making The Decision Process Causes Of Poor Decision Decision Environment Decision Theory Decision Making Under Certainty Decision Making Under Uncertainty Decision Making Under Risk Chapter 4 Product And Service Design - Introduction Reasons For Product And Service Design Trends In Product And Service Design Objectives In Product And Service Design The Design Process Product Design Service Design Chapter 5 Process Selection And Capacity Planning Process Selection Make Or Buy Production System Capacity Planning Importance Of Capacity Decisions Defining And Measuring Capacity Determinants Effective Capacity Chapter 6 Just-In-Time - Introduction JIT Goals Building Blocks Converting To A JIT System Planning A Successful Conversion JIT In Services Chapter 7 Plant Location And Layout - Introduction Need For Selecting A Suitable Location Factors Influencing Plant Location/Facility Location Locations Models Plant Layout Classification Of Layout Design Of Product Layout Design Of Process Layout Service Layout Organization Of Physical Facilities Chapter 8 Project Management - Introduction Behavioral Aspects Of Project Management The Nature Of Projects Key Decision In Project Management The Project Manager The Pros And Cons Of Working On Projects Project Life Cycle Work Breakdown Structure Planning And Scheduling With Gantt Charts Chapter 9 Supply Chain Management - Introduction Purchasing Purchasing Interfaces The Purchasing Cycle Value Analysis Outsourcing JIT Purchasing Determining Prices Centralized Versus Decentralized Purchasing The Global Supply Chain Suppliers Choosing Suppliers Evaluating Sources Of Supply (Vendor Analysis) Supply Audits Supply Certification Supply Partnerships Logistics Movement Within A Facility Incoming And Outgoing Shipments Evaluating Shipping Alternatives PLAN OF EDUCATIONAL METHODOLOGY TO BE USED Holistic Approach, Integrated Teaching Approach Knowledge Skills Lectures Multimedia presentations, group discussions, etc TEXTBOOK Production and Operations Management, Eighth Edition, by William J. Stevenson Production and Operation Management, Second Edition, by S.Anil Kumar Jay Heizer & Barry Render, Operations Management, Latest Edition, Prentice Hall