Operations Functions, Types of Operations, Time Series Analysis- Function of Production Planning and Control. Aggregate Planning - Guidelines. Operation Scheduling - Assignment Model – ‘n’ jobs to be produced in ‘m’ machines - Run out Time Method - Network Scheduling. Quality Control: Purpose of Inspection and Quality Control - Process Control - Control Charts for Variables- Control Charts for Fraction Defectives - Control Charts for Defects - Sampling Plan - Single Sampling Plan, OC Curve, AQL, AOQL, LTPD. Inventory Control - Deterministic Models - Probabilistic Models. Maintenance and Replacement- Breakdown Vs. Preventive Maintenance - Group vs. Individual Replacement. Just in Time Production. Simulation, Monte Carlo Simulation.