Title of the course: OPERATIONS & OPTIMIZATION MODELS FOR MANAGERIAL

DECISIONS (OOMM)

Class: PGCGM XLRI-Tata Steel 2019-20

Credits: 5.5

Term: 2

Instructors: PROF. TAS Vijayaraghavan. (TAS) (12 sessions)

Prof. Alok Raj (AR) (12 sessions)
Prof. Shounak Basak (SB) (12 sessions)

Course Overview
The broad objective of this course is to learn the basic aspects of Operations Management and
Operations Research. Through lectures and case analysis, this course prepares for a study of
different operational issues in manufacturing and services organizations where decision-
making– both at the operational and strategic levels – is emphasized. For example, the fit
between a production system and a production process, between layout and production system,
decisions pertaining to the location of a facility, capacities and layouts of plants, planning,
measuring and scheduling work, are all important Operations-related topics. A common theme
that will run through much of this course is optimization in decision-making and a typical
classroom session will involve hands-on modeling and problem-solving activity.
Learning Goals
1. Decision Making.
Measures of AOL
The learning goal is evaluated through written tests / assignments. Students’ performance on
the goal is graded as 1, 2 and 3, where 3 is the most desired grade.

Pedagogical Methods
1. Case discussion
2. Numerical problem workout by hand / computer
3. Student presentations
4. Lecture

1
Topics (not necessarily in this order)
1. Linear Programming Basics (TAS)
2. Sensitivity Analysis & Duality (TAS)
3. Transportation & Assignment problems (TAS)
4. Integer programming (TAS)
5. Network flows, Markov Chain (TAS)
6. Queuing Theory (TAS)
7. Intro to OM and Process Analysis (AR)
8. TPS & Lean Thinking (AR)
9. Forecasting (AR)
10. Capacity Planning (AR)
11. Layout and Location Planning (AR)
12. Scheduling and sequencing (AR)
13. Aggregate Production Planning (SB)
14. MRP (SB)
15. Non-linear programming (SB)
16. Inventory Management (SB)
17. Project Management (SB)
18. Service Operations Management (SB)

Evaluation

Instructor Breakup of Components

Prof. TAS.
o Quizzes (3 nos.) – 45%
Prof. Shounak Basak o End Term Exam – 40%
o Assignment – 15%
Prof. Alok Raj

 A student is expected to attend all five quizzes. There will be no make-up for a missed quiz,
regardless of the reason for missing the quiz. The score for a missed quiz will be taken as
‘0’.
Final Grading
As per the norms of the institute.
Course Text books
1. Stevenson, W. J., “Operations Management”, McGraw Hill, 12th edition.
2. Stevenson, W. J. and Ozgur C, “Introduction to Management Science”, McGraw Hill.