Course

Name of Course L T P
Code
MSR15152 Industrial Engineering and Management 3 0 0

Course Objective
To introduce basic concepts of industrial engineering, basic management functions with special emphasis on tools for productivity
improvement and optimization
Learning Outcomes
Upon successful completion of this course, students will be able:
 to take the right decisions to optimize resources utilization by improving productivity
 to eliminate unproductive activities under the control of the management
 to use the Charts to record the activities of the people, materials and equipment to find alternative methods which
minimize waste
 to understand the concept of various management functions

Unit
No. Approxi mate
Topics to be Covered Learning Outcome
Lecture
Hours
Basic principles and functions of After completing the section student should able to understand
management – planning, organizing, the need and importance of basic functions of management in an
1 5
staffing, directing/leading and organization such as planning, organizing, staffing, directing and
controlling. controlling
Introduction to Industrial Engineering After completing the section student should able to understand
2 techniques. 2 various industrial engineering techniques .

Introduction to production planning After completing the section student should able to understand
3 and control. 10 various activities like forecasting, inventory management, MRP,
scheduling
Project management – Introduction, Understanding the concepts of projects and importance of
Network construction & managing projects in the given schedule
4 5
identification of critical activities
in CPM & PERT.
Finance management – capital After completing the section student should able to apply various
budgeting techniques, payback capital budgeting tools to check the financial feasibility of the
5 6
period, ARR, NPV, IRR, PI, project.

Productivity: definition, After completing the section student should able to understand the
6 measurement. 2 concepts of productivity in an organization and also able to
measure labour and total factor productivity.
Work study and its role in improving After completing the section student should able to understand
7 productivity of an organization. 4 and apply various work study and time study techniques in an
industrial setting.
Types of Production systems. Understanding the various types of production systems, their
8 2
advantages and disadvantages for an organization
Sources of capital; Costs concepts Understanding various costs concept related to an industry and
9 and Break even analysis. 2 importance of break even

Concepts of human resource Describing the importance of human resource in an organization

10 management – selection, training and 2 in training and development of workforce
development.

Evaluati on Components 100 Marks

Mid-Semester 28 Marks
End-Semester 42 Marks
Quiz 10 Marks
Term paper/assignment/presentation/case study (combination of 20 Marks
any two or more)
Text Books:

1. Contemporary Management by Gareth R Jones, Jennifer M George, Tata McGrawhill

2. Essentials of Management, Koontz aandO’Donne, Tata McGrawhill
3. Financial Management, MY Khan & P.K. Jain, Tata McGrawhill
4. Finance Sense, Prasanna Chandra, McGrawhill
5. Industrial Management, M E Thukaram Rao.
6. Industrial Engineering & Management, OP Khanna, Dhanpat Rai Publications
7. Work Study, I.L.O.
8. A Management Guide to PERT/CPM, J D Wiest and F K Levy. Prentice Hall.

Guidelines for writing term paper

The term paper can be written in following format

Title of the study

Introduction

Literature review

Proposed Methodology

Result & discussion

Conclusion

References (APA style of formatting should be used)

Note: The students are advised not to copy from each other. Each term paper should be unique in nature.

The students are encouraged to develop new codes /algorithms in commercially available packages (Lingo, GAMS, AMPL) for
solving production and service related problems. The student may also write the case study as a term paper.

The term paper will be judged by following dimensions like innovativeness of the study or topic; proposed approach; Similarity Index
and writing style.

The final term paper should be submitted in MS word format having 1.5 spacing and 12 font size. The student should write minimum
20 pages write-up excluding references, title page and index.

The term paper should be written on the basis of journal papers published in the last five years i.e. (2014 - 2019). The topic should be
related to industrial engineering and management.

Important Dates: The final topic of the term paper should be submitted latest by 15th August 2019 and the final write-up should be
submitted on or before 4th November 2019.

Note: For late submission, 5 marks shall be deducted in each day from the total 20 marks after last submission date. For not
submitting the term paper whole marks may be deducted.

The journal papers may be downloaded from different websites. Few examples are:

1. https://www.sciencedirect.com/; 2. https://www.emerald.com/insight/; 3. https://link.springer.com/

General instructions for students

For creating unnecessary disturbances in the class, talking in the class, giving proxy for other students, an attendance may be
deducted and the same may be updated in the MIS. Students are advised to visit library for the course.