Operations And Supply Management(OSM) POP301 Lecture 5 ,Under graduate Level, IUBAT

History of OSM Look at page 17 of the referred book.. Lean Manufacturing, Just In Time and Total Quality Management From the history of OSM, the 1980s saw a revolution in the management philosophies and technologies by which production is carried out. Just In Time (hereafter called JIT) was the major brakthrough in manufacturing philosophy. Pioneered by the japanese, JIT is an integrated set of activities designed to acheive high volume production using minimal inventories of parts that arrive at the work station exactly when they are needed. The philosophycoupled with total quality management (TQM), which aggressively seeks to eliminate causes of production defects- is now cornerstone in many manufacturers production practices, The term lean manufacturing is used to refer to the set of concepts. In 1913, Henry Ford developed an assembly line to make the Model-T automobile.

Operations And Supply Management(OSM) POP301 Lecture 5 ,Under graduate Level, IUBAT
Operations and Supply Strategy Framework: From Customer Needs to Order fulfilment Look at page number 32 of the referred book or the photocopy handed in the class. Linear Programming: Using the Excel Solver Linear programming refers to several related mathematical techniques used to allocate limited resources among competing demands in an optimal way. LP is the most of the approaches falling under the general heading of mathematical optimization techniques and has been applied to many operations manageemnt problems. The following is the typical applications: A. Aggregate sales and operating planning: Finding the minimum cost production schedule. The problem is to develop a three to six-month plan for meeting expected demand given constraints on expected production capacity and workforce size. Relevant costs considered in the problem include regular and overtime labour rates, hiring and firing, subcontracting and inventory carrying cost.

Operations And Supply Management(OSM) POP301 Lecture 5 ,Under graduate Level, IUBAT
B. Service/Manufacturing productivity analysis: Comparing how efficiently different service and manufacturing outlets are using their resources compared to best performing unit. This is done using an approach called Data envelopment analysis. C. Product Planning: Product Planning is finding the optimal product mix where several products have different cost and resource requirements. D. Product Routing: Finding an optimal way to produce a product that must be processed sequentially through several machine centers, with each machine in the center having its own cost and output characteristics. E. Vehicle/ Crew Scheduling: Finding an optimal way to use resources such as aircrafts, buses, or trucks and their operating crews to provide transportation services to customers and materials to be moved between different locations.

Operations And Supply Management(OSM) POP301 Lecture 5 ,Under graduate Level, IUBAT E. Process Control: Minimizing the amount of scrap material generated by cutting steel, leather or fabric from a roll or sheet of stock material. F. Inventory Control: Finding the optimal combinations of products to stock in a network of warehouses or storage locations. G. Distribution Scheduling: Finding the optimal shipping schedule for distributing products between factories and warehouses or between warehouses to retailers.

Operations And Supply Management(OSM) POP301 Lecture 5 ,Under graduate Level, IUBAT H. Plant Locations Studies: Finding the optimal location of a new plant by evaluating shipping costs between alternative locations and supply and demand sources. Material Handling: Finding minimum- cost routing of material-handling devices( such as forklift trucks) between departments in a plant, or hauling materials from supply yard to work sites by trucks, for example each truck might have different capacity and performance capabilities.

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