Syllabus of Operations Management Lec 1: Lec 2: Strategy Strategic decisions Decision Tools (PEST,SWOT, Gap Analysis, Multi criteria

riteria assessment, Grid analysis, Monte carlo Simulation) Definitions of Productivity, Management, Operation Efficiency and effectiveness Dimensions in Operations Management Essential functions of an organization

Lec 3: Lec 4: Lec 5: Lec 6: Measures of Regression and their calculation methods(r,r2, ) T-test, P-test, Z-test Least squares Mean, Standard Deviation, Variance Forecasting (Judgmental methods, casual methods) Simple linear Regression Analysis Product life cycle management and phases (Conceive, Design, Realize, Service ) Primary areas of PLM Designing the processes (steps) Manufacturing Techniques (Push, MTS, EOQ, pull, MTO, ATO) Types of industries PQ relationship BOQ, BOM Variety (soft, hard) Economic analysis (IRR, Present worth factor)