INDUSTRIAL ENGINEERING Facility Design: Facility location factors and evaluation of alternate locations; types of plant layout and their evaluation; computer aided layout design techniques; assembly line balancing; materials handling systems. Forecasting techniques - causal and Production Planning and Inventory Control: time series models, moving average, exponential smoothing, trend and seasonality; aggregate production planning; master production scheduling; MRP and MRP-ll; order control and flow control; routing, scheduling and priority dispatching; push and pull production systems, concept of JIT manufacturing system; logistics, distribution, and supply chain management; Inventory functions, costs, classifications, deterministic and probabilistic inventory models, quantity discount; perpetual and periodic inventory control systems.
INTRODUCTION TO INVENTORY CONTROL
PURPOSE AND ADVANTAGES OF INVENTORY CONTROL
INVENTORY FUNCTION COSTS
SAFETY STOCKS . SAFETY STOCK INTRODUCTION IMPLICATIONS OF SAFETY STOCK . ESTIMATION OF SAFETY STOCK REQUIRED: 1. CASE 1: NORMAL DISTRIBUTION 2. CASE 2: POISSON DISTRIBUTION
CLASSIFICATION OF INVENTORY SYSTEMS . ABC ANALYSIS . FSN ANALYSIS VED ANALYSIS . HML ANALYSIS XYZ ANALYSIS SDE ANALYSIS
INVENTORY CONTROL SYSTEM.S MAX-MIN SYSTEM TWO BIN SYSTEN Q-SYSTEM P-SYSTEM