OPERATIONS STUDY

MATERIAL TOPICS

Operations Research
Linear Programming

How to use Solver

Important definitions such as Slack, Surplus
Special cases such as Infeasibility, Redundancy etc.
Sensitivity Analysis: If constraints change, if RHS
changes etc.
How to formulate Integer Programming Problems

What is Trans Shipment Method? When is it used?

Project Scheduling

What is PERT, CPM? What is the difference?

Critical Path, Early Start Time (EST), LST, EFT, LFT
Gantt Chart example
What is Project Crashing?

Queuing Model Basics: What distribution used etc.

Markov Analysis

Operations Management
Process Analysis : Cycle Time, Flow Time, Littles Law
(example)
Line Balancing: What, Why, How
Types of Factory Layout: Process, Product, Fixed,
Cellular
When each is done?
Pros and Cons of each

Time-Motion Studies: Why and How it is done?

Concurrent Engineering: Advantages, Where it is done
Toyota Production System (with practical examples)
Waste Elimination, Jidoka, Heijunka, Kanban, Andon, 5 S
JIT system: Advantages and Limitations

Synchronous Manufacturing and Theory of Constraints

Basic definitions
When it is used, how to implement it?

What is Material Requirement Planning (MRP)?

Operations Management
Forecasting : Types (Quantitative, Qualitative: Time Series,
Causal)
How to measure forecast accuracy (Deviation, Bias etc. with formula)
Trend, Seasonality, Moving Average, Winters Model, Holtzs Model

Capacity Planning
Design capacity, Effective capacity

Aggregate Planning
Level & Chase Strategy, Different Costs involved in decision making

Inventory Control
EOQ Model, P System, Q System,
ROP, Safety Stock, Qty. Discount, Uncertainty in Demand and Lead
Time
ABC Analysis, Warehouse Management

Scheduling in Job Shop and Flow Shop

Quality Control
Statistical Process Control (X-Bar Chart, R Chart, P Chart, C Chart
Maintenance (Types, when they are used, pros and cons of each)

Project Management

Program vs. Project

Cost vs. Time vs. Performance
Work Breakdown Structure
Project Life Cycle
Project Appraisal
Weighted Scoring Model for Project Selection
Project Scope & Project Charter
Project Priorities
Activity-on on-Arrow (AOA) networks and Activity on node networks
Critical Path
Pert Formula
Resource Loading vs. Resource Levelling
Project Crashing
Failure Mode and Effect Analysis (Risk Management)
PROACT+
Group Maturity & Development Process
Theory of Constraints
Earned Value Management
NTCP Framework