Interacrive Learning MGT311
Interacrive Learning MGT311
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Week 1
Explain the role of Supply chain Management in modern business.
Reference:
1. Project:
In a project manufacturing environment, products are unique, complex, and
custom-made. Each project requires a specific set of tasks, resources, and timelines.
Project-based manufacturing is commonly found in construction, shipbuilding,
aerospace, or large-scale infrastructure projects. Due to the uniqueness and
complexity of projects, they often involve custom engineering, significant
coordination, and a focus on meeting specific customer requirements.
2. Job Shop:
A job shop manufacturing environment involves the production of a variety of
Operations Management
3. Flow Shop:
In a flow shop manufacturing environment, products follow a predetermined
sequence of operations. The production process is highly structured, and products
move through a sequential flow of workstations. Flow shops are characterized by
high volume, standardized products, and relatively less customization. Examples
include assembly lines in the automotive industry or food processing. The goal is to
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4. Continuous Flow:
In a continuous flow manufacturing environment, products are produced in a
continuous process with minimal interruptions. The production system is highly
automated, and products move through the process with limited human
intervention. Continuous flow operations are typically found in industries like
chemicals, petroleum refining, or food and beverage manufacturing. The focus is on
high-volume production with efficient use of resources and optimal time
management.
These manufacturing environments each have their own unique characteristics and
production requirements. Understanding the differences helps managers and
organizations choose suitable manufacturing processes and optimize their
operations accordingly.
Reference:
- Kumar, U., & Subramanian, R. (2019). The Simultaneous Execution of Multi-
Project Scheduling and Resource Allocation Decisions: A Comprehensive Decision-
making Framework.
- Ahmadi, E., et al. (2014). An Analytical Approach to Find the Optimum
Production Quantity in Job‐Shop Manufacturing Systems.
- Johnson, S. M., & Gupta, M. C. (2016). Operations Research: Applications and
Algorithms.
- Nagel, R. N., & Dove, R. (1991). Principles of Manufacturing Materials and
Processes.
Week 3
Q. What do you understand by Process break down and bottleneck of a process?
Process breakdown and bottleneck are two key concepts in the realm of process
management and optimization.
1. Process Breakdown:
Process breakdown refers to the disruption or failure of a process to operate as
intended. It occurs when there is a deviation or interruption in the normal flow of
activities within a process. This breakdown can result from various factors, such as
equipment failure, software glitches, inadequate resources, human error, or
external events.
and efficiency. They may lead to delays, rework, customer dissatisfaction, increased
costs, and missed deadlines. To address process breakdowns, organizations employ
strategies such as maintenance protocols, training and skill development, process
monitoring, and continuous improvement initiatives.
2. Bottleneck:
A bottleneck in a process refers to a point or stage in the process flow where the
capacity or capability is limited, subsequently impeding the overall flow and
throughput of the process. It is the slowest part of the process that constrains the
overall speed and efficiency of the entire system. Bottlenecks can be caused by
various factors, such as resource limitations, high demand, complex tasks, or
process dependencies.
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Reference:
Thompson, J. D. (2010). Organizations in action: Social science bases of
administrative theory.
Schragenheim, E., Davis, R., & Cox, J. (2000). The Goal: A Process of Ongoing
Improvement.
Week 4
Q. What do you understand by lean manufacturing system?
eliminate waste and increase efficiency in production processes. It has been widely
adopted by many companies worldwide and has proven to be effective in improving
productivity and reducing costs.
Reference:
Womack, J. P., & Jones, D. T. (1996). Lean thinking: Banish waste and create
wealth in your corporation. Simon and Schuster.
Week 5
Define Aggregate Planning in operation management
Reference:
Schroeder, R. G. (2020). Operations management in the supply chain decisions and cases.
MGT 311
Week 6
Q. What is the importance of scheduling in operations Management?
resources are utilized efficiently, minimizing idle time and maximizing productivity.
This leads to cost savings and improved operational efficiency.
bottlenecks and allocate resources to prevent delays. This helps maintain a smooth
workflow, minimize disruptions, and ensure timely completion of projects or
delivery of goods and services.
Reference:
- Heizer, J., & Render, B. (2017). Operations Management: Sustainability and
Supply Chain Management (12th ed.). Pearson.
Week 7
What are three main types of budgets
1. Operating Budget: An operating budget is the most common type of budget used
by businesses and organizations. It focuses on the day-to-day operations and
activities of the entity. It includes various components such as sales revenue,
production costs, operating expenses, and overhead costs. The operating budget
helps in planning and controlling the financial resources required to run the
organization efficiently.
Operations Management
2. Capital Budget: A capital budget is designed to plan and track the expenditure
on long-term assets or investments. It typically involves significant financial outlays
for acquiring or upgrading fixed assets like buildings, machinery, equipment, and
vehicles. The capital budgeting process involves evaluating investment
opportunities, estimating cash flows, assessing risks, and making decisions
regarding capital expenditures.
3. Cash Budget: A cash budget focuses on managing cash inflows and outflows
within a specific period, usually on a monthly or quarterly basis. It helps in
monitoring and projecting cash flows to ensure adequate liquidity for meeting
financial obligations. The cash budget incorporates factors such as cash receipts
from sales, payments to suppliers, operating expenses, debt servicing, and planned
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Reference:
Schroeder, R. G. (2020). Operations management in the supply chain decisions and
cases.
Week 8
What are the principles of Quality management
1. Customer Focus: Putting the customer at the center of all quality-related activities.
Understanding customer requirements and striving to meet or exceed their
expectations.
Operations Management
3. Involvement of People: Recognizing that people are the key to achieving quality
objectives. Involving and empowering employees at all levels, promoting teamwork,
and fostering a culture of continuous learning and improvement.
7. Factual Approach to Decision Making: Making decisions based on objective data and
information. Employing effective data collection, analysis, and interpretation methods
to support decision-making processes.
10. Evidence-based Decision Making: Making decisions based on reliable data, facts,
and analysis. Applying a scientific and evidence-based approach to problem-solving
and decision-making processes.
Reference:
Schroeder, R. G. (2020). Operations management in the supply chain decisions and
cases.
Week 9
What do you understand by Supply chain Management?
Supply chain management refers to the coordination and oversight of all activities
involved in the production, procurement, conversion, and distribution of goods and
services. It encompasses the entire network of organizations, resources, activities, and
technology that are involved in the creation and delivery of products to end customers.
The primary goal of supply chain management is to optimize the flow of materials,
information, and funds across the supply chain to meet customer demands efficiently
and effectively. It involves managing various interconnected processes, including
sourcing raw materials, managing inventory, manufacturing and production,
transportation and logistics, and customer service.
Operations Management
1. Planning and forecasting: This involves analyzing market demand, predicting future
demand patterns, and developing production and procurement plans accordingly.
4. Inventory management: This entails monitoring and controlling the levels of raw
materials, work-in-progress, and finished goods to minimize costs while meeting
customer demands.
7. Information technology and data analytics: Utilizing technology and data analytics
to gather and analyze information across the supply chain, enabling better decision-
making and improving overall efficiency and visibility.
A Bill of Materials (BOM) is a comprehensive list of all the components, parts, and
materials required to manufacture or assemble a product. It serves as a structured
document that provides detailed information about each item needed, including part
numbers, descriptions, quantities, and sometimes additional specifications or
instructions.
A typical Bill of Materials includes various types of components, such as raw materials,
subassemblies, intermediate assemblies, and finished parts. Each item in the BOM is
usually associated with a unique identifier, such as a part number or code, to ensure
accurate identification and tracking throughout the manufacturing process.
procurement teams, and other stakeholders involved in the product development and
manufacturing cycle.
Reference:
Schroeder, R. G. (2020). Operations management in the supply chain decisions and cases .