ME 403N: Production, Planning and Control
Course Project
Marks 20
You have to form teams of four and take up one project per team.
Projects with smaller teams will not be allowed. The project may be
selected from the list below, or you may devise your own on similar lines and
get it ratified by me. Groups working on the same project theme will have to
ensure that the projects are sufficiently different. You are expected to read up
the relevant background material independent of the amount of coverage in class
and to whatever degree of depth that you feel comfortable with. You will be
evaluated based upon the maturity of analysis, the thoroughness of your work,
the use of relevant analytical models and most importantly, the degree of
success in solving the problem that you undertook. In lieu of Minor 2, you will
give a 25 minute project presentation and submit a project report.
Those of you who are research oriented, may select a relevant
high quality research paper ( I can recommend a few), get it ratified by me, and
present that as your project.
The following is an indicative though not a comprehensive list
of projects that you may undertake:
- Suppose that you are opening a grocery store at the IIT
campus. Assume that it would carry 5-6 representative items (such as wheat,
apple, potato, cereal, toothpaste). Find the optimal location for this store.
Develop a complete operations strategy for this store, i.e., forecast the
demand, develop purchasing strategy: how many suppliers to have, what should
be the delivery logistics, how often and how much to buy from suppliers. How
big should the shop be, how should the limited shelf space be utilised
etc.
- Suppose that no individual PCs were allowed in IIT campus and
only two computer labs were to be made to be used by all of IIT students and
faculty. Where on the IIT campus should these labs be located, what kind and
quantity of equipment should be kept to maximize overall student-faculty
satisfaction at a minimum cost. Develop a realistic mathematical model,
estimate relevant parameters and find the optimal solution.
- Re-engineer your hostel mess operations. The steps involved
in any re-engineering effort typically include specifying precisely all the
existing operations. Confirming this specification with the management.
Identifying the key processes. Studying these processes from scratch,
developing alternate re-engineered processes. Deciding upon the best option
with the management. Developing appropriate implementation schedule,
addressing all the relevant people (change management) issues.
- Re-engineer the B. Tech. registration process using the
guidelines specified above.
- Every semester IIT faces the problem of allocating classes to
different M. Tech. and B. Tech. courses for smooth functioning of teaching
operations. Understand all the issues involved in this exercise including what
the desired characteristics of a good solution are. Develop a software (using
any standard ILP package) that provides feasible/optimal solutions to the
problem of allocating class-rooms to different classes.
- Currently papers of various sizes and quality are used by
different departments and the administrative block at the IIT for
administrative purposes. There may be considerable savings in terms of
inventory and purchasing cost if the paper used was standardized. Carefully
investigate this problem and make optimal recommendations.
- The central store maintains inventory of items such as paper,
pens, folders, etc. These are given to the department stores from time to
time. Understand all the issues regarding this operation and develop an
optimum inventory plan for the central and departmental stores.
- Consider any practical queuing system (for example, the SBI
branch at IIT Delhi). Establish management customer service and cost reduction
objectives. Develop analytical queuing model for the system and show optimal
allocation of resources so that these objectives are met. Do appropriate
sensitivity analysis to aid management in better decision making.
- IIT is laying the fiber optic cables to provide network
connectivity to all computers at the institute and at the faculty residences
and hostels. Understand all the important costs involved in such an exercise
and develop an optimal fiber optic outlay.