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Operations Management Overview and Techniques

This document outlines a session on production and operations management. It discusses topics like introduction to operations management, new product development, operations research, linear programming, and transportation models. It provides information on various concepts related to operations management including decision making, product design, service design, introduction to operations research, and linear programming. The document is for session 2 of the course on production and operation management taught by Prof. Suraj Marathe at Don Bosco College of Engineering.

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Joel Fdez
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© All Rights Reserved
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0% found this document useful (0 votes)
9 views50 pages

Operations Management Overview and Techniques

This document outlines a session on production and operations management. It discusses topics like introduction to operations management, new product development, operations research, linear programming, and transportation models. It provides information on various concepts related to operations management including decision making, product design, service design, introduction to operations research, and linear programming. The document is for session 2 of the course on production and operation management taught by Prof. Suraj Marathe at Don Bosco College of Engineering.

Uploaded by

Joel Fdez
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Production and Operation

Management

Session No : 02

Prof. Suraj Marathe


Department of Mechanical Engineering
Don Bosco College of Engineering.

17/7/2017
Contents :
Session No.
1-2  Introduction to Operation Management
(11/7/2017) (Manufacturing and Service Sector)
 Classification of Operation
 Operation Management and Decision Making.
 Responsibility of Operation Manager
3-4  New Product Development
 Selection and Design of Product/Service.
 Introduction to Operations Research.
5-6  Introduction to Linear Programming.
 Formulation of Transportation model Problem
 Initial basic solution for Transportation Model
7-8 Class Test to evaluate knowledge of Operation
Management and Application Transportation
Model.
Mechanical Engineering Don Bosco College of Engineering 2
Business Operations Overlap

Operations

Marketing

Finance

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Engineering
Operations Interfaces

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Engineering
Historical Evolution of Operations
Management

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Engineering
Management Technology
 Technology: The application of scientific
discoveries to the development and
improvement of goods and services
 Product and service technology
 Process technology
 Information technology

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Engineering
Decision Making

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Engineering
Decision Making

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Engineering
Decision Making

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Engineering
Models

A model is an abstraction of reality.


– Physical
– Schematic
– Mathematical

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Engineering
Models Are Beneficial

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Engineering
Limitations of Models
 Quantitative information may be
emphasized over qualitative
 Models may be incorrectly applied and
results misinterpreted
 Nonqualified users may not comprehend
the rules on how to use the model
 Use of models does not guarantee good
decisions
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Engineering
Quantitative Approaches

• Linear programming

• Queuing Techniques

• Inventory models

• Project models

• Statistical models

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Engineering
Trends in Business

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Engineering
Product and Service Design

Product and service design – or redesign – should be


closely tied to an organization’s strategy

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Engineering
Product or Service Design
Activities
1. Translate customer wants and needs
into product and service requirements
2. Refine existing products and services
3. Develop new products and services
4. Formulate quality goals
5. Formulate cost targets
6. Construct and test prototypes
7. Document specifications
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Engineering
Reasons for Product or
Service Design

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Engineering
Objectives of Product and Service
Design

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Engineering
Designers Adhere to
Guidelines
 Produce designs that are consistent with
the goals of the company
 Give customers the value they expect
 Make health and safety a primary
concern
 Consider potential harm to the
environment

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Engineering
Other Issues in Product and
Service Design

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Engineering
Life Cycles of Products or
Services

Saturation

Maturity
Demand

Decline
Growth

Introduction

Time
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Engineering
Standardization
 Standardization
 Extent to which there is an absence of
variety in a product, service or process
 Standardized products are immediately
available to customers

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Engineering
Product Design
 Product Life Cycles
 Robust Design
 Concurrent Engineering
 Computer-Aided Design
 Modular Design

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Engineering
Phases in Product Development
Process
1. Idea generation
2. Feasibility analysis
3. Product specifications
4. Process specifications
5. Prototype development
6. Design review
7. Market test
8. Product introduction
9. Follow-up evaluation
Mechanical Don Bosco College of Engineering 24
Engineering
Service Design

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Engineering
Service Design
 Service design involves
 The physical resources needed
 The goods that are purchased or consumed
by the customer
 Explicit services
 Implicit services

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Engineering
Guidelines for Successful
Service Design
1. Define the service package
2. Focus on customer’s perspective
3. Consider image of the service package
4. Recognize that designer’s perspective is different
from the customer’s perspective
5. Make sure that managers are involved
6. Define quality for tangible and intangibles
7. Make sure that recruitment, training and rewards are
consistent with service expectations
8. Establish procedures to handle exceptions
9. Establish systems to monitor service
Mechanical Don Bosco College of Engineering 27
Engineering
Introduction to Operations
Research (OR)
 OR is a scientific approach to problem
solving for executive management.
H.M Wagnar
 OR is a problem Solving and Decision
making science.

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Engineering
Characteristics of OR
 System orientation
 Use of interdisciplinary
 Application of scientific method
 Improvement in the quality of
decisions
 Use of computer
 Quantitative solutions

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Engineering
Necessity of OR in Industry
 Complexity
 Scattered responsibility and authority
 Uncertainty
 Knowledge

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Engineering
Scope of OR in Management :
 Allocation and Distribution.
> Men, Machines, Materials, Time and money
> Warehouses, Distribution Centre's, Retail depots.
 Production and Facility Planning
> Selection, Locations and Design of production plants.
> Project Scheduling and allocation of resources
> Scheduling and Sequencing
 Procurement
> What, How and When
> Replacement policies
> Transportation Planning
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Engineering
 Marketing
> Product selection
> Demand forecasts
 Finance
> Capital requirement
> Profit plan
> Replacement polices

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Engineering
 Personnel
> Selection
> Recruitment policies
> Wages/Salary
 Research and Development
> Area of Research
> Selections of projects

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Engineering
Linear Programming (LP)
 LP deals with the optimization
(max/min) of a function of variable
known as objective function,
Subjected to a set of linear equation
and/or inequalities known as
constraints.

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Engineering
LP- Management Applications
 Media selection Problems
 Investment Problems
 Profit planning problems
 Transportation Problems
 Assignment Problems
 Man-power scheduling Problems

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Engineering
LP
LP is an optimization problem
 Maximize or minimize a linear
function of decision variables
 The values of the decision variable
are selected in such a way that they
satisfy a set of constraint.

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Engineering
Decision Variable
In a LP model, the decision variable
means the variable whose quantitative
values are required to be found, so as
to minimize or maximize the objective
function.

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Engineering
Constraint
The restriction which are expressed in
the form of an equation or
inequality(<= or >).

Feasible Solution.
Optimum Solution.

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Engineering
Steps in LP
1) Identify the problem.
2) Specify the objective and decision
criteria for choosing the solution
3) Develop the Alternatives
4) Select the best (Optimal Solution)

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Engineering
 The objective function and constraint
are linear.
eg.
Z= 5x1+3x2
ST 5x1+3x2>125
15x1-3x2=106
x1<165
x1,x2>0
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Engineering
Formulation of LPP
A firm produces two products A and B which gives
a profit margin of Rs.4 and Rs 3 respt. Each of the
two products require different amounts of labour
and raw material. Each item of A and B requires 2
hrs and 1 hrs of labour respt. further Raw
material requirement for each item of type A and
B are 1kg and 2 kg respt. Availability of labour
and raw material are 72kg and 48 kg respt.
Formulate the LP model for maximizing the profit.

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Engineering
Solution :
Decision Variable :
Let
x be the no of item of product A to be
produced.
y be the no of item of product B to be
produced.

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Engineering
Objective function :
Max Z= 4x + 3y
ST,
2x + y <= 72 ……….Labour
x +2y <= 48 ………..Raw material
where, x>=0 ,y >=0

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Engineering
Problem No.2
A company is manufacturing two different types of
product A and B. Each product has to be
processed in 3 different department- Casting,
Machining and finally inspection. The capacity of 3
department is limited to 35 hrs,32hrs and 24 hrs
per week respt. Product A requires 7 hrs in
casting dept. 8 hrs in machining shop and 4 hrs in
inspection whereas product B requires 5 hrs, 4 hrs
and 6 hrs in respt shops. The profit contributed
for a unit product of product A and B is Rs. 30 and
Rs.40 respt.
Formulate the problem.
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Engineering
Solution
Decision Variable :
Let
x be the no of item of product A to
be produced
y be the no of item of product B to be
produced.

Mechanical Don Bosco College of Engineering 45


Engineering
Objective Function :
Maximize Z= 30x + 40y
ST,
7x + 5y <= 35 …….casting
8x + 4y <= 32 …….Machining
4x + 6y <= 24 …….Inspection
Where,
x>=0, y>=0
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Engineering
 Transportation Model
 Decision based on movement costs of
raw materials or finished goods

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Engineering
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Engineering
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Engineering
 THANK YOU

Mechanical Engineering Don Bosco College of Engineering 50

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