MMCM - 302 (C) CI Process Inventory System

1, DEMAND FORECASTING: Characteristics and Principles, Methods, Qualitative Methods -

Delphi technique, Market Research, Intrinsic method-time-series analysis, moving averages,

exponential smoothing - The Bon Jenkins method, Extrinsic methods - Regression models,

measurement of forecast errors. Characteristics and Principles, Methods, Qualitative Methods -

Delphi technique, Market Research, Intrinsic methods - time-series analysis, moving averages,

exponential smoothing - The Bon Jenkins method, Extrinsic methods - Regression models,

measurement of forecast errors.

2. INVENTORY MANAGEMENT: Functions of inventory - Objectives - Inventory systems -

Inventory models - Basic and advanced inventory models. Functions of inventory - Objectives -

Inventory systems - Inventory models - Basic and advanced inventory models.

3. PRODUCTION PLANNING: Purpose, Characteristics - Aggregate Planning - methods -

Master Production Scheduling - functions - Time buckets - time fences - Orders - Reports.

Purpose, Characteristics - Aggregate Planning - Methods - Master Production scheduling -

functions - Time buckets -time fences - Orders - Reports.

4, MATERIALS, REQUIREMENT PLANNING AND CAPACITY PLANNING: purpose of

MRP - Inputs to MRP - MRP LOGIC - Planning Factors - Outputs from MRP – Resource

Planning -Capacity Planning. Purpose of MRP - Inputs to MRP - MRP LOGIC - Planning factors

- Outputs from MRP - resource Planning - Capacity Planning

5. CURRENT TRENDS

JIT Supply chain Management concurrent engineering MRP II ERP

Reference Books:

1. LJ. Krajewski, LP. Ritzman, Operations Mgt Strategy and Analysis, Addison Wesley

2. ,S'pencer B.Smith, " Computer Based Production and 1nventory Control", PHI

3. Joseph S.Martinkh, "Production and Operations Management ", John wiley & sons

4. Joseph Monks, Operation Management, Theory and Practice, TMH

5. Nanu Singh, ",Systems approach to computer-integrated design and Manufacturing ", John

Wiley & ,Sons, 1996.