Complete notes for project management emba 1st sem discuss complete notes for project management emba 1st sem within the executive mba online mba distance part time mba degree institutes forums, part of the indian b schools, college zone and campus talks category. Therefore, production management can be defined as the management of the conversion process. It is more of a service than a manufacturing industry. One knowledge area project integration management affects and is affected by all of the other knowledge areas.
Strategic safety stocks in supply chains stefan minner springer. Lecture notes the theory of operations management sloan. Fixed and variable partitioning, paging, segmentation. The challenges of inventory management in practice.
Lecture notes project management, chapter 18 engg4800. Therefore, production management can be defined as the management of the conversion process, which converts land, labor, capital, and management inputs into desired outputs of goods and services. Inventory control can be defined as the system used in a manufacturing concern to control the firms investment in. The management scientist has an inventory module that allows us to incorporate probabilistic demand during lead time into the eoq orderquantityreorder point model. Guest lecture presentation courtesy of thomas stallkamp, the ceo of msx international. In the following paragraphs the principles of management is being explained. Lecture 9 advanced topics in inventory management lecture 9. Inventory control means efficient management of capital invested in raw materials and supplies, work in progress and finished goods. Engineering ebooks download engineering lecture notes.
Purchasing and inventory control purchasing and inventory. Management information system is a system consisting of people, machines, procedures, databases and data models, as its elements. Aggregate production planning lecture notes free download as powerpoint presentation. To try and fail is at least to learn to fail to try is to. As already seen in examples 1 and 2, some of the costs that determine this profitability are 1 the ordering costs, 2 holding costs, and 3 shortage costs. Technical activities consisting of production or manufacture 2. Aggregate production planning lecture notes inventory. Write a short note about management information system mis. Notes principles of management business environment 54 department at one place i. Knowledge management 3 why knowledge management application of knowledge management km lie in the below four key areas globalization of business.
Lecture notes download only for management information. Lecture notes operations management sloan school of. We demand a good plan that satisfies customers while maintaining the lowest possible total cost. Dec 03, 2010 principles of management lecture notes formba 1. Every organization constantly strives to maintain optimum inventory to be able to meet its requirements and avoid over or under inventory that can impact the financial figures. The method to be used to achieve the desired goals. Since 1990 we have designated the department of defenses management of its inventory, including spare parts, as high risk because its management systems and procedures were us general accounting. Project management project management, cost estimation. Lecture notes introduction to manufacturing systems. Store management lecture notes chapter 9 storage management. This is illustrated for the above example, using the 97. With more than 2,400 courses available, ocw is delivering on the promise of open sharing of knowledge. Strategic management course notes strategic analysis lecture 2 chapter 1 business models vision, mission, values learning objectives. The purpose of an abc classification is to save inventory management costs.
Lecture notes download only for management information systems. Definition of management information system management information system can be defined as a formal method of collecting timely information in a presentable form. Download free sample and get upto 65% off on mrprental. Stores management and stock control linkedin slideshare. The managers are decision makers the marketing managers decides about how to market, when to market, where to market how to collect funds for organization. Management information system can be defined as a formal method of collecting timely information in a presentable form. Inventory control inventory is the stock of any item or resource used in an organization and can include. The components of knowledge management knowledge management is a business activity with two primary aspects. Note that any subsequent use or redistribution of the slides must include the msx international logo and attribution to the company. A management information system is a system design to provide. Project managemen practice week 7 test with answers lecture notes, course project management exam 2011, questions and answers exam 2011, questions and answers tutorial work project management, chapter 110, 1214, questions and answers seminar assignments report case study project with comments excellent.
Materials management psm831 is a core course of two credit units. When human being started group activities for the attainment of same common objectives whenever a group is formed and a group activity is organized to achieve certain common objectives management is needed. Before discussing the principles of management it is to explain that all industrial or business activities can be classified as follows. Lecture notes download only for management information systems, th edition. The maximum ilis q, the minimum is 0, therefore the average ilis q 2. View notes store management lecture notes from cosc 425 at pepperdine university. In the previous chapters, we have discussed priority and capacity planning and control. Invited lecture at plenary session on the topic sti policy, at 103rd indian science congress, at mysore university, mysore, anuary 37th 2016. Inventory management is a very important function that determines the health of the supply chain as well as the impacts the financial health of the balance sheet. Material management is a scientific technique, concerned with planning, organizing control of. Inventory level il is the quantity on hand, which is di erent from inventory position ip, which is equal to inventory onhand plus quantity on order minus backorder if any. An efficient and effective material management system is important in the purchasing and inventory control for effective cost control in maintenance.
Management is the process of planning, organizing, leading and. Forecast demand independently for each item based on usage history establish lot sizes independently for each item based on demand forecasts establish safety stocks independently for each item based on forecast errors which make the following assumptions. Mit opencourseware makes the materials used in the teaching of almost all of mits subjects available on the web, free of charge. Since annual holding cost average inventory annual holding cost per unit q 2 c h.
Lecture outline basics of inventory management inventory systems fixedorder quantity system 92 fixedtime period systems independent vs. View notes inventory management i from busml 4382 at ohio state university. In this case, continuous stock control is often necessary. Takahiro fujimoto introduction to production management nihon.
He has also conducted a series of inhouse programmes for several term stint in training staff of petronas in stores, purchasing and materials management. Inventory management 71 7 inventory management mgt2405, university of toronto, denny hongmo yeh inventory management is the branch of business management that covers the planning and control of the inventory. A management information system is a system design to. Download free study material about management information systems including lecture slides.
Risk management ii, quality monitoring and control, and project learning pdf. The system gathers data from the internal and external sources of an organisation. Unit1 introduction to management introduction to management. Management information system notes and study material. This section provides the schedule of lecture topics for the course along with lecture notes and supporting files. Materials managements joint certificate programme with the chartered institute of purchasing and supply, u. Project management project management, cost estimation, and. Complete notes for project management emba 1st sem. Hi, i have recently taken admission for emba in project management. The construction industry the construction industry is the largest industry in the world. Purchasing and inventory control in mm material management is one of the critical and crucial part of every organization involved in manufacturing process. Find materials for this course in the pages linked along the left. But there is a top down management interest at stake people need to voluntarily share knowledge you cant force them als het relevant voor hun is zijn mensen meer bereid om kennis te delen.
Resources can get more dollars, facilities, personnel time can increase schedule, delay milestones, etc. Overlap io and cpu of multiple jobs can do it a number of ways. Less dectble, flow systematized and often automated. Art means managers has to handle the person and things tactfully. Key noteslectures department of management studies. Download operations management notes ebook by pdf online. Smartturn created this ebook for business owners, logistics professionals, accounting staff, and procurement managers responsible for inventory, warehouse and 3pl operations, as well as anyone else who wants to demystify. Inventories are stockpiles of items raw materials, components and finished goods wait ing to be processed, transported or. Bad management of inventory purchasing methodsbad management of inventory, purchasing methods has lead to fall of organizations.
I s 460 lecture notes professor yong tan lecture 15 project management project and project management a project is a temporary sequence of unique, complex, and connected activities having one goal or purpose and that must be completed by specific time, within budget, and according to specification. Inventory management i lecture notes lecture 9 advanced. It is also the management of resources, the distribution of goods and services to customers. Introduction to uncertainty management lecture slides notes. Lecture 15 project management university of washington. Chapter 9 storage management memory allocation techniques uniprogramming fixedpartition multiprogramming. Me3105 production management 3 p a g e it is concerned with the production of goods and services, and involves the responsibility of ensuring that business operations are efficient and effective. The lecture notes section contains 17 lecture notes files corresponding to the. Define strategic management and its four key attributes define. Lectures notes on production and operation management vssut. Invited speaker, national conference on synergizing functional effectiveness and organizational performance for economic growth, r v institute of management, december 12th, 2015. Its management needs to be proactive, accurate and efficient. Introduction to sales management, defination 3 concepts, objectives, functions 2. Principles of management a manager can control 4 things.
T project planning determines a project schedule based upon. Buy operations management notes ebook by pdf online from vtu elearning. Ics 121 lecture notes spring quarter 96 project management, cost estimation, and team organizations 7 ics 125 ieee 1058. Inventory control is the supervision of supply, storage and accessibility of items in order to ensure an adequate supply without excessive oversupply. Critically evaluate human resource management strategies and their potential impact. The recorder takes notes on the senior leadership teams comments for. Ibm to slash prices up to 27% on business pcs, the wall street journal, august 24 1994. Material handling cost high,handeling sometimes duplicated. Bba 305 sales management directorate of distance education guru jambheshwar university hisar125001.
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