Welcome to Guest !
 
       IUP Publications
              (Since 1994)
Home About IUP Journals Books Archives Publication Ethics
     
  Subscriber Services   |   Feedback   |   Subscription Form
 
 
Login:
- - - - - - - - - - - - - - - - - -- - - - - - - - - - - -
-
   
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
Welcome to the IUP Journal of Operations Management
ISSN: 0972-6888
A ‘peer reviewed’ journal indexed on Cabell’s Directory,
and also distributed by EBSCO and Proquest Database

Feb'17

Previous Issues

The IUP Journal of Operations Management is a quarterly journal focusing on inventory control, Supply Chain Management, Enterprise Resource Planning (ERP), Just-In-Time (JIT), Total Quality Management (TQM), Business Process Re-engineering, logistics management, six sigma, benchmarking and flexible manufacturing systems.

Privileged access to Online edition for Subscribers.
Information to Authors
  • Inventory Control
  • Supply Chain Management
  • ERP, JIT, TQM
  • Business Process
  • Re-Engineering
  • Logistics Management
  • Business Process Outsourcing
  • Six Sigma
  • Benchmarking
  • Flexible Manufacturing Systems
Articles
   
Price(INR)
Buy
Minimization of Makespan and Total Tardiness in a Flow Shop Scheduling Using Artificial Neural Network
Investigating the Technical and Scale Efficiencies of Indian Textile Industry: A Target Setting Based Analysis Through DEA
Some Aspects of the Barrier Probability in a Classical Risk Model
Ranking of JIT Attributes for Indian Manufacturing Industries Using TOPSIS Technique
Select/Remove All    
Contents
(Feb 2017)

Minimization of Makespan and Total Tardiness in a Flow Shop Scheduling Using Artificial Neural Network

--Ashwani Kumar Dhingra, Naveen Kumar and Sunita Dhingra

The paper makes an attempt to minimize the makespan and total tardiness in the flow shop scheduling using Artificial Neural Network (ANN). A feed forward back propagation neural network is implemented for the optimal solution of the problem. The network has been trained with the optimal sequences for different jobs on five machines problem. The trained network is further considered for solving the problem of flow shop scheduling. The analysis of all the algorithms that are implemented is carried out using Nawaz, Enscore and Ham (NEH) heuristic for 5 to 10 jobs with 5 machines under Sequence Dependent Set-up Time (SDST) environment with due dates and weights allotted to each job. With the help of NEH heuristic, different sequences have been generated for the considered problem. The number of sequences obtained is assembled in 270 × 10 matrix for the input of neural network. The network is trained with Baygon regression training algorithm and finally the results obtained from the neural network are found to be 93% accurate.

Investigating the Technical and Scale Efficiencies of Indian Textile Industry: A Target Setting Based Analysis Through DEA

--Jatin Goyal, Harpreet Kaur and Arun Aggarwal

This paper attempts to measure the overall technical, pure technical and scale efficiencies in the Indian textile industry and provides target setting analysis for the same using cross-sectional data of 101 companies for the year 2014-15. For the purpose of analysis, we used a non-parametric linear programming technique named Data Envelopment Analysis (DEA) conceptualizing two outputs and five inputs technology. The empirical results showed that the level of Overall Technical Inefficiency (OTIE) in Indian textile industry is to the tune of about 16.44%, and out of this 11.79% points are principally attributed to managerial inefficiency rather than inappropriate choice of the scale size. The study underlines the need for concrete steps on the part of policy makers to withstand successfully the pressure of foreign competition by eliminating the managerial inefficiencies in the process of resource utilization and correcting the scale of operations through concerted efforts of technology infusion.

Some Aspects of the Barrier Probability in a Classical Risk Model

--Palash Ranjan Das and Tripti Chakrabarti

In this paper, we have considered a classical risk model with dividend barrier, in which claim inter-occurrence times are exponentially distributed. Our aim is to obtain explicit expression for the barrier probability B(u, b), the upper barrier being assumed to be ‘b’, before ruin occurs when the claim amount distribution is either exponential or erlangian. It is to be noted that the premium loading factor is taken to be 20% in both the cases. In order to ensure fair comparison, we have chosen the exponential and erlangian parameters in such a way that their mean and hence the expected total claims are same for both the distributions over a given time interval. Ultimately, through numerical evaluation of the barrier probability for both the claim amount distributions, we investigate whether there is any significant difference between the two.

Ranking of JIT Attributes for Indian Manufacturing Industries Using TOPSIS Technique

--Amit Gupta

To sustain in a global competitive market, any organization needs to focus on quality products at viable prices. There is a huge stress on the industry to redesign supply chain. Just In Time (JIT) production system plays a vital role in prolonged sustainability of any organization. The objective of this paper is to evaluate and rank JIT attributes for Indian manufacturing industries. Tewari et al. (2016) have ranked the performance indicators in JIT-based production system for manufacturing industries using Simple Additive Weighting (SAW). In this paper, a new deterministic quantitative model based on Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) has been applied for this type of ranking problem. The paper shows that ranking of JIT attributes for Indian manufacturing industries is similar using SAW and TOPSIS techniques.

 

 

Search
 

  www
  IUP

Search
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
 
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Click here to upload your Article

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

more...