IP0234 OPERATIONS RESEARCH IIdoc

IP0234OPERATIONSRESEARCHIIPrerequisites(ifany):Objectives:Tomakethestudentsunderstandtheconcepts&broadprinciplesofcontentsofthecourseDevelopconceptualframeworkofthecourseSensitizesthestudentsoftheimportanceofcourseinreallifeenvironmentUnitNo.ContentsIInventorymodel,Classificationcostsinvolved,ABCAnalysisEOQ,PurchaseModelwithshortagesPurchaseModelwithoutshortagesProductionModelwithshortagesProductionModelwithoutshortagesQuantityDiscountsIIDualSimplexMethodDualSimplexSolutionIntegerprogramming,Branch&BoundMethodCuttingPlaneMethodFormulationCuttingPlaneMethodSolutionGoalProgrammingFormulationGoalProgrammingSolutionIIIGametheoryIntroduction,TerminologySaddlePointgamesDominancepropertyMixedStrategiesGraphicalmethodsL.P.methodApproximationmethodIVDynamicProgrammingIntroductionDynamicProgrammingApproachDynamicProgrammingFormulationsDynamicProgrammingProblemsDynamicProgrammingProblemsDynamicProgrammingProblemsDynamicProgrammingbyLPPVQueuingtheory:Introduction,terminologyM/M/1ModelM/M/CModelM/Ek/1ModelReplacementofequipmentthatdeteriorateswithtimeReplacementwithtimevalueofmoneygroupandindividualreplacementVISimulationsoftwareLocations,Entities,ArrivalsBuildingModelonSimulationSoftwareRunningthesimulationUnderstandingtheresultsSimulationProblemsSimulationProblemsOutcomes:AttheendofthecoursestudentwillbeinapositiontoListdownthefactorsthatinfluencetheapplicationofthecoursecontentintheindustrialenvironmentIdentifyareasforresearch-orientedworkbasedonthecoursecontentApplytheknowledgeofthecourseinsolvingreallifeproblemsTEXTBOOKS:1TahaH.,OperationsResearch,PrenticeHallofIndiaPvt.Ltd2GuptaandHira,OperationsResearch,SChand&CompanyREFERENCEBOOKS:1SharmaS.D.,OperationResearch,KedarnathRamnathandCo.2BasuS.K,OperationResearch,IBH3Askhedkar-Kulkarni,OperationResearch,DhanpatRai&Sons.4JerryBanksandJohnCarson,DiscreteEventSystemSimulation,PrenticeHall5N.DavidKelton,Sadowski,SimulationwithARENAMigrawHillPublisher.6Schiber-SimulationwithGPSSH7Law&Kelton,SimulationModelling&Analysis8Sheila–SimulationModelling&AnalysisIP0064SUPPLYCHAINMANAGEMENTPrerequisites(ifany):Objectives:AimistoprovideinsightofthesubjectSensitizesthestudentsoftheimportanceofcourseinreallifeenvironmentUNIT1ConceptofSCM-ConceptofLogisticsMgmt,SupplyChain,TypesofSupplyChain-FunctionsinSCM,TransportationMgmt,WarehousingMgmt-WarehouseManagementSystemsUNIT2DesigningtheSupplyChainNetwork-DesigningtheDistributionNetwork-NetworkDesign-NetworkDesigninanUncertainEnvironmentUNIT3PlanningDemand&SupplyinaSupplyChain-DemandForecasting-AggregatePlanning-PlanningSupply&DemandUNIT4Planning&ManagingInventoriesinaSupplyChain-ManagingEconomiesofscale:CycleInventory-ManagingUncertainty:SafetyInventory-OptimalLevelofProductAvailabilityUNIT5Sourcing,Transporting&Pricingproducts-SourcingDecisions-Transportation-Pricing&RevenueManagementUNIT6Co-ordination&TechnologyintheSupplyChains-Co-ordinationinSupplyChain-InformationTechnologyandSupplyChain-E-business&SupplyChainTime:7hrsperunitOutcomes:AttheendofthecoursestudentwillbeinapositiontoUndertakefinalyearprojectworkbasedupontheapplicationofthecoursecontentIdentifyareasforresearchorientedworkbasedonthecoursecontentApplytheknowledgeofthecourseinsolvingreallifeproblemsTextBooks1.Purchasing&SupplyManagement-DoblerandBurt2.StrategicLogisticsManagement–LambertReferenceBooks1.LogisticalManagement-TheIntegratedSupplyChainProcess–Bowersox2.Materials&LogisticsManagement-L.C.Jhamb3.Logistics&SupplyChainManagement–Christopher4.SupplyChainManagement-SunilChopra5.Logistics&SupplyChainManagement–RaghuramIP0174FINANCIALMANAGEMENT&COSTINGObjectivesTolearnandunderstandMaterialsManagementFunctionsTolearnandunderstandFinancialManagementFunctionsPrerequisitesIndustrialEngineeringandManagementProductionPlanningandControlUnitIFinancialManagement(7)FinancialFunction,Scope,goalsandtools.Sourcesoffinance.CostofCapital&MeansofFinanceUNITIIRatioAnalysis(7)Classification,RatioAnalysisanditslimitations.IndexStatement&CommonSizeStatementUNITIIIWorkingCapitalManagement(7)ConceptanddesignofWorkingCapital,typesofworkingcapital,sourcesofworkingcapital,Timevalueofmoney,definitionofcostandcapital.,Cashmanagement,creditorsmanagement,debtorsmanagementUnitIVCosting(2)Methodsofcostingandelementsofcost.MaterialCost(2)Differentmethodsofpricingofissueofmaterials.LabourCost(2)Differentmethods,wagesandincentiveplans.Principlesofgoodremuneratingsystem,labourturnover.Depreciation(1)Concept,importanceanddifferentmethodsofdepreciationUnitVOverheads(2)Classification,collectionofoverheads,PrimaryandSecondaryapportionmentofoverheads,absorptionofoverheads-Machinehourandlabourhourrate.Underandoverabsorptionofoverheads.UNITVIStandardcosting(1)Concept,developmentanduseofstandardcosting,varianceanalysis.MarginalCosting(2)UseofMarginalCostingindecision-making.CapitalBudgeting(2)ControlofCapitalExpenditure,EvaluationProcess-Paybackapproach,IRR,presentvaluemethod.Time:7hrsperunitOutcomes:AttheendofthecoursestudentwillbeinapositiontoListdownthefactorsthatinfluencetheapplicationofthecoursecon