OPERATIONS MANAGEMENT MBA - 2nd SEMESTER : KMBN 205
Download PDF: Explained Video & Notes
Get a structured PDF of this video explanation — includes performance tips & question analysis.
Course Overview — What to expect (KMBN 205)
Operations Management forms the backbone of how goods and services are produced, delivered, and improved. For MBA students taking KMBN 205 in the 2nd semester, think of operations as the engine-room of any business: it turns strategy into results by improving processes, controlling costs, ensuring quality and delivering customer value consistently.
Process Design & Layout
Process design covers the selection and arrangement of resources (people, machines, technology). A simple trick: use the "PATTERN" checklist — Purpose, Activities, Time, Equipment, Resources, and Number (of staff). Visualize via a quick flowchart: raw material → processing → inspection → dispatch. In exams, draw a small annotated layout to score quick marks.
Forecasting & Inventory Management
Forecasting predicts future demand — start with moving averages for short-term questions and choose exponential smoothing for slightly better accuracy. Inventory models: EOQ (Economic Order Quantity) and Reorder Point are the common formulas. Memorize EOQ as: sqrt((2DS)/H) where D = demand, S = setup/order cost, H = holding cost. A quick exam trick: check units — orders/year and cost per order.
Quality Management
Quality is everywhere — Total Quality Management (TQM), Six Sigma, and PDCA cycles are core topics. Remember the 5S as a practical checklist for workplace organization: Sort, Set in order, Shine, Standardize, Sustain. For Six Sigma, link DMAIC (Define, Measure, Analyze, Improve, Control) to a short case: reducing defects in a packing line.
Capacity Planning & Scheduling
Capacity involves planning to meet demand without excessive cost. Use utilization = actual output / design capacity. For scheduling, Gantt charts and priority rules (FCFS, SPT — shortest processing time) are commonly tested. Tip: in numerical questions, always convert time units consistently (hours vs days) to avoid silly errors.
Supply Chain & SCM Tips
SCM connects suppliers, manufacturers, and customers. A simple framework is: Source → Make → Deliver → Return. For quick answers, discuss bullwhip effect (variance amplification upstream) and suggest two mitigation steps: better information sharing and smaller batch sizes.
Short Tricks, Memory Aids & Examples
Use mnemonics: "PUSH vs PULL" — push pushes inventory based on forecast; pull responds to actual demand. For EOQ, remember the square root shape: if holding cost quadruples, EOQ halves. A real-life example: compare a local bakery (make-to-stock) vs a custom bakery (make-to-order) to explain process choice.
Resources, Practice & Chat Support
Watch the embedded video for worked examples. If you want the PDF notes, performance report and question analysis, click the "Download PDF / Chat Now" button above. For quick practice — create 10 one-mark MCQs from each lecture and time yourself for 20 minutes to build speed and accuracy.
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