Journal of Production Research & Management
Journal of Production Research & Management (JoPRM) is a print and e- journal focused towards the rapid publication of fundamental research papers on all areas of Production Research and Management. This journal attempts to be a key research journal in the areas of operations management in manufacturing and services. Supply Chain Management Manufacturing Strategy Policy formulation and evaluation in production research Productivity Improvement Manufacturing Automation and e-Business Organizational behavior Energy Efficient Manufacturing Production and Operations Management Planned Manufacturing, optimization and simulation Production systems Business Law and Technology Management Operational and Marketing Management Economics and Business Management Human Resource Management Business Strategy and Policy
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Evaluation of Existing Maintenance Management Scenario of Indian SMEs to Address the Difficulties and Critical Parameters
Indian small and medium enterprises need to build and maintain competitiveness against the challenges posed by globalization. To achieve a sustainable growth, the ministry of MSME, government of India has launched lean manufacturing competiveness scheme (LMCS). Under it, a cluster of 8 to10 MSMEs are formed to implement various lean principles. National Productivity Council has reported only 58% success rate for pilot phase implementations but on the ground, the sustention rate is much lower. The investigation has been made in such a cluster to evaluate the existing scenario of maintenance management and to present contextual issues for execution and sustention of maintenance management strategy. 10 cases were undertaken with methodology of structured questionnaire and semi structured interviews. The SPSS software was utilized to perform the required statistical analysis of collected data. This research would present the insight of Indian SMEs with new data and findings not only on the maintenance management but also provide the navigation for establishment of sustainable lean culture. The results of investigation bring the focus on critical issues with indicators and guidelines for improving productivity through maintenance management strategy. Cite this Article Kandarp Joshi, Dhananjay Bhatt. Evaluation of Existing Maintenance Management Scenario of Indian SMEs to Address the Difficulties and Critical Parameters. Journal of Production Research and Management. 2017; 7(2): 17–28p.
Design and Structural Analysis of Ground Electronic Package
Electronic packaging (EP) is widely used for support and enclosure or housing of electronic component. This paper includes design of EP and comparisons of analytic and static structural analysis for deformation of EP. Design of EP is carried by commercial software PTC Creo Parametric 2.0. It consists of five main parts and some other additional parts and to run the analysis. The design includes mounting of electronic circuits; improving testing capability and reliability, a way for heat dissipation and reducing manufacturing cost and time. Finite element analysis (FEA) of EP has been carried out using ANSYS workbench 15.0 software. Two types of latches (Product of Southco Company Ltd.) are used in EP for easy movement of tray (EP) in cage. Mechanisms of latch are push to open and push to close. These mechanisms are used for easy visual inspection on solder side and component side. E4 latch and A4 latch are respectively plastic latch and metal latch. Force is required for latching and due to this force, package is deformed. Fixed supports that have been considered at the different faces, where bolts have been attached and loading conditions have carried by latch force. Comparison of free body analysis and software simulation has been carried out. Cite this Article Rajan Chavda, Sarang Pande, Anurag Verma. Design and Structural Analysis of Ground Electronic Package. Journal of Production Research and Management. 2017; 7(2): 8–16p.
A Review of Business Process Re-engineering with Focus on Critical Success and Failure Factors
This paper presents a literature review of business process reengineering (BPR). Although there are a number of BPR articles in the literature, there is still lack of literature review in this field that focuses on pinpointing the success and failure factors behind implementing BPR. The drive of this review is to gain a basic as well as greater understanding of the critical success and failure factors in implementing BPR. In doing so, this review illustrates a brief overview of the concept of BPR, overview of BPR success and failure factors along with selected BPR success and failure models, and it will also portray the distinction between BPR and (continuous) improvement, and it finally concludes with outlining concluding remarks with due emphasis on BPR success and failure factors. However, the study is limited to the author's ability to review already existing literature in the field of BPR. Cite this Article Yohannes Workeaferahu Elifneh. A Review of Business Process Re-engineering with Focus on Critical Success and Failure Factors. Journal of Production Research and Management. 2017; 7(2): 1–7p.
Purchase Intention of Online Consumers: A Study among the Online Consumers’ in Tamil Nadu
<!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:TrackMoves /> <w:TrackFormatting /> <w:DoNotShowComments /> <w:PunctuationKerning /> <w:ValidateAgainstSchemas /> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:DoNotPromoteQF /> <w:LidThemeOther>EN-US</w:LidThemeOther> <w:LidThemeAsian>X-NONE</w:LidThemeAsian> <w:LidThemeComplexScript>X-NONE</w:LidThemeComplexScript> <w:Compatibility> <w:BreakWrappedTables /> <w:SnapToGridInCell /> <w:WrapTextWithPunct /> <w:UseAsianBreakRules /> <w:DontGrowAutofit /> <w:SplitPgBreakAndParaMark /> <w:DontVertAlignCellWithSp /> <w:DontBreakConstrainedForcedTables /> <w:DontVertAlignInTxbx /> <w:Word11KerningPairs /> <w:CachedColBalance /> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> <m:mathPr> <m:mathFont m:val="Cambria Math" /> <m:brkBin m:val="before" /> <m:brkBinSub m:val="--" /> <m:smallFrac m:val="off" /> <m:dispDef /> <m:lMargin m:val="0" /> <m:rMargin m:val="0" /> <m:defJc m:val="centerGroup" /> <m:wrapIndent m:val="1440" /> <m:intLim m:val="subSup" /> <m:naryLim m:val="undOvr" /> </m:mathPr></w:WordDocument> </xml><![endif]--> Online purchase is one of the imperative trading methods worldwide. Consumers’ online purchase intention is based on several social-economic factors. Time constraint is one of the basic reasons for online purchases. People are satisfied with the products purchased online. Hence it is needed to understand the purchase intention of consumers when they prefer online. The present research aims to examine the factors influencing consumers’ online purchase intention among consumers in Tamil Nadu. In the study, quantitative research method has been adopted. Structured questionnaire was distributed to 300 respondents in Tamil Nadu, who purchase online. The study found that trust worthiness, ease of use, usefulness and enjoyment, subjective norms and blog involvement are the important factors in foreseeing online purchase intention. The results of the research will help online marketers to get a better understanding on online purchase intention which will enable them to implement effective online marketing strategies. In the present study, trust worthiness, ease of use, usefulness and enjoyment, subjective norms, product attitude and blog involvement are the factors in predicting online purchase intention. Cite this Article Megaladevi P. Purchase Intention of Online Consumers: A Study among the Online Consumers’ in Tamil Nadu. 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Productivity Improvement of CNC Machines Using Automatic Loading and Unloading System
Industries are a major part of life since the industrial revolution, but industries of recent times are finding peculiar ways of being in the hard-fought competition. The new revolution must be the extensive usage of computer numerical control machines for high productivity with same quality, or sometimes, better. But these CNC machines also have few problems which have to be dealt with. One of the major problems is loading and unloading of the work piece to the machine by the operator. Rectifying this problem will reduce the operator fatigue, cycle time reduction, cost reduction and higher productivity. This paper deals and discusses some of the few methods to automate the loading and unloading of the CNC. The paper titled “Productivity improvement of CNC machines using automatic loading and unloading system”, involves with the consequences of automation. Cite this Article Dantu Anirudh Viswanath, Ramesh S, Prasad Kaushik V, et al. Productivity Improvement of CNC Machines Using Automatic Loading and Unloading System. Journal of Production Research and Management. 2017; 7(2): 29–33p.
Firm Specific Determinants of Profitability of SSE in Bahir Dar, Ethiopia
Poverty and unemployment are critical issues that Ethiopia is struggling to combat through the injection of Small Scale Enterprises (SSE). There has been a growing awareness that SSEs are important for economic growth for both developing and developed countries. They are seen as the engines of employment, alleviating poverty and improving equality. SSE development was identified as a priority in creating jobs with the intention of addressing unemployment and poverty thereby bringing economic growth. However, they are influenced by several factors. The fundamental objective of this study is critically analyzing determinates of profitability of SSE in Bahir Dar, Ethiopia. To achieve this objective the study followed a quantitative research approach, and used panel data sets comprising 24 SSE of 3 years (2004–2006) time series. Random effects model was identified to be the most appropriate model for this study. After all panel data were analyzed through the use of sata13 and discovered that size, liquidity and tangibility are the most determining factors for SSE profitability. The study also found that age of SSE and age of owners/managers are indeterminate of SSE profitability. On the basis of the finding the study recommended SSE to improve their resource management and avoid idleness. The study ends by implying directions for further researchers. Potential researchers can expand this research from three dimensions such as in terms of number of cross-sections, time and variable. Cite this Article Mengistu Nega. Firm Specific Determinants of Profitability of SSE In Bahir Dar, Ethiopia. Journal of Production Research and Management. 2017; 7(1): 26–35p.
An Evolution on Kishangarh Style of Painting in Rajasthani Miniature Painting
Indian paintings can be broadly classified as murals and miniatures. Murals are large works executed on the walls of solid structures, as in the Ajanta Caves and the Kailashnath temple. Miniature paintings are executed on a very small scale for books or albums on perishable material such as paper and cloth. The Palas of Bengal were the pioneers of miniature painting in India. The art of miniature painting reached its glory during the Mughal period. The tradition of miniature paintings was carried forward by the painters of different Rajasthani schools of painting like the Bundi, Kishangarh, Jaipur, Marwar and Mewar. Rajasthani paintings: Radhe Krishna paintings are quite prominent in Rajasthani paintings. Rajasthani paintings started around 16th–19th centuries in western India. Ever wondered how the Rajput kings and queens looked like and what cutlery they used during their elaborate dining? Rajasthan paintings are also known as Rajput paintings and they are quite famous for the miniature paintings. The Bani Thani paintings/ragini made of plywood and vegetable colour is quite popular worldwide. The Bani Thani paintings are created with attractive emboss work at the border using fabric pearl colours and water proof solution of Papier Mache for the antique look. Rajasthani paintings tell us a lot of tales from the epics "The Ramayana" and "Mahabharata". Stories of love and affection of Radhe Krishna are shown in a number of paintings. You can also see a simple life of the Rajasthanis portrayed in these beautiful traditional Rajasthani paintings. Cite this Article Pinki Kumari, Babita Sharma. An Evolution on Kishangarh Style of Painting in Rajasthani Miniature Painting. Journal of Production Research and Management. 2017; 7(1): 16–21p.
A Model of Bidding in Rotating Saving Credit Associations
The paper analyzes bidding behavior in discount bidding Roscas under the assumption of risk neutrality. Roscas are group based revolving financial schemes. In discount bidding Roscas, individuals bid for a lumpsum. We find that bids submitted by members in equilibrium are increasing in the returns or opportunities for investment. Further, members submit lower bids when credit is available outside Rosca at expensive rates. A bidding Rosca is efficient as an allocation mechanism. Cite this Article Indu Choudhary. A Model of Bidding in Rotating Saving Credit Associations. Journal of Production Research and Management. 2017; 7(1): 11–15p.
Development of a Simplified Mathematical Modelling for the Job Shop Scheduling to Calculate Makespan
<!--[if gte mso 9]><xml> <o:DocumentProperties> <o:Subject>Computers and Operation Research, 39 + (2011) 1605-1614. doi:10.1016/j.cor.2011.09.013</o:Subject> <o:Author>Abbas Ebadi</o:Author> <o:Keywords>Job shop scheduling problem; Flow shop scheduling problem; Preemption; Integer Linear Programming</o:Keywords> <o:Version>12.00</o:Version> </o:DocumentProperties> </xml><![endif]--> In this paper, mathematical modelling is prepared for job shop scheduling problem. Makespan is calculated using maximum machine time. Matlab algorithm is developed for mathematical modelling. Formula is tested using various case studies. Gantt chart is prepared for graphical representation of solution. Results have been verified for mathematical modelling using Gantt chart approach. Cite this Article Kagthara MS, Bhatt MG. Development of a Simplified Mathematical Modelling for the Job Shop Scheduling to Calculate Makespan. 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Thanatourism: An Exploration Of The Dark Aspect Of Leisure And Eerie Travel In India
Tourism industry in India dates back to ancient times; has undergone various phases of development since then and gained a rapid momentum and immense popularity. The new genre of tourism is “Dark Tourism”—a notion less perceived, yet brimming with anxiety and intrigue. Gone is the era where tourist’s interest revolved only around destinations of romantic interest, scenic beauty and rejuvenation. The concept of “Thana tourism” or “Phoenix Tourism” has gained rapid momentum all over the world; India still being in the “Conception” stage with regards to this category of tourism. Dark tourism—also known as Thana tourism—is a booming section in the tourism industry, which involves visit to locations, concerning with bereavement and anguish. Thana tourist interest depends largely upon the level of their curiosity and sense of validation to the concept of death [1]. Human psychology plays a quintessential role in pursuing curiosity and inquisitiveness, which forms the root cause for tourists thronging towards the destinations of dark tourism. This quest for travelling to unusual places gives a tremendous adrenaline rush for tourists, creating an impact and thus attracting them to the world of “Dark Tourism—the new wanderlust”. One of the earliest origins of dark tourism can be traced towards a 19th century jailhouse in the United States of America, which gained popularity owing to its distinctive architectural design and novel practice. India has innumerable unexplored potential for the growth of dark tourism. A thorough understanding of the phenomenon of dark tourism within broader sociocultural aspect is necessary for further exploration and exhilaration of these tourist locations. Dark tourism is an “after the fact” activity and can be termed as an old theory in today’s new, fast progressing world. Turning a place of catastrophe into a tourist destination requires keeping in mind the hardcore values, ethics, sentiments and moral of the people. The focus is to showcase the plight of those who suffered, keeping their memory alive and could also serve as a way of learning from the past to evade similar debacles from taking place. Cite this Article Soni G, Anand P. Thana Tourism: An Exploration of the Dark Aspect of Leisure and Eerie Travel in India. Journal of Production Research and Management. 2017; 7(1): 1–10p.
Improving the Performance of Foundry Industry through FNB Sand Mould System
There are many new advanced technologies for casting of metal, furan no bake (FNB) sand casting remains one of the fastest spreading and used casting processes today due to the lower cost of raw materials, a wide variety of castings with respect to composition and size, and the possibility of reclaiming the moulding sand. The FNB sand casting process is one of the most versatile processes in manufacturing as it is used for most metals and alloys with high melting temperature such as copper, molten metal iron and nickel. The FNB sand casting process consists of preparation of furan no bake mould, pouring molten metal into a FNB sand mould, allowing the metal to solidify, and casting product can then be machined to remove a casting product. The casting product is then machined to remove surface defects or imperfections or to add new features by standardized methods of machining such as milling, grinding, turning and polishing. The sand used in the furan no-bake process is typically bonded with hardener and resin to mould the sand. The sand can be recycled multiple times but each recycling requires the addition of hardener and resin. If the proportions of hardener and resin are not appropriate, the bonding strength of the furan no-bake sand mould would be reduced. This leads to a substantial reduction in the properties of the sand mould and as a result increases the rate of rejection in terms of casting defects. Defects in casting can negatively affect the bottom line of a foundry. They manifest as casting scrap costs. In many cases, the defects in casting may be seen at the machining stage, during usage of the component. The resultant value added costs and may sometimes be passed on to the foundry by their customer. These charges may be significantly extra than the cost of the production of casting itself. Foundry personnel must have the time to conduct a detailed analysis of casting defects, determine root causes and implement those which are most effective to prevent re/occurrence of these defects. This paper mainly deals with the evaluation of quality of furan no-bake sand and its effect on major defects. This paper also covers causes and remedies of FNB (Furan No Bake) sand casting system; and increases in productivity of the plant by improving quality of sand and minimize defect of casting Cite this Article Acharya Shailee G, Vadher Jeetendra A, Kartik Kothari. Improving the Performance of Foundry Industry through FNB Sand Mould System. Journal of Production Research and Management. 2016; 6(3): 26–30p.
Productivity Improvement by Reducing Idle Time Using Queueing Theory
In this investigation, the rail spring production unit performance to enhance the productivity by reducing the idle time is discussed. The objective of the paper is to improve the effectiveness, efficiency and selecting the most suitable system for production unit. The spring production unit has seven independent work stations namely; end tapering, bar heating furnace, coiling and quenching, tempering furnace, end grinding, chamfering, shot peening and hardness testing. We have examined the process of each workstation and collected the relevant data, and chi-square method was applied to determine the arriving and leaving departure distribution of processing unit. We have employed queueing model for analyzing the performance measure of production unit such as Ls, Lq, Ws, Wq, utilization factor, WIP, etc. Cite this Article Bhanu Pratap Singh Jadon, Chandra Shekhar Malvi, Vikas Shinde. Productivity Improvement by Reducing Idle Time Using Queueing Theory. Journal of Production Research and Management. 2016; 6(3): 13–18p.
Overview of Banking Industry with Special Reference to Reforms in the Indian Banking System
The liberalization, privatization and globalization phase of 1991 popularly known as LPG policy changed the face of Indian economy. Reforms took place in several sectors of the economy; predominantly it affected the Indian banking industry. The role of banking industry is extremely important for the growth of any economy and India being a developing country is no exception to this rule. This paper discusses the overview of Indian financial system, explains the structure of Indian banking industry and analyzes the impact of banking sector reforms on Indian banking system Cite this Article Hemali Tanna. Overview of Banking Industry with Special Reference to Reforms in the Indian Banking System. Journal of Production Research and Management. 2016; 6(3): 1–12p.
Review of Sand Inclusion Defect Analysis to Initiate the Improvement in FNB Casting Process
Sand inclusion is an important defect in grey cast iron castings. On an average, this defect accounts for 30 to 40% of the total number of defects arising in the foundries. Sand inclusion is undesirable since it ends up in reducing the strength of the castings and worsens the finish of the casting surface. Hundred or more parameters are responsible for sand inclusion defect and hence it is cumbersome and difficult to control the casting defect. A detailed literature review of the prior work, mostly on sand inclusion for the last 50 years or so, is done in this paper to find appropriate and adequate parameters for formation of defect i.e. sand inclusion. It was studied that exact and accurate remedies to eradicate sand inclusion was not easy. This paper describes the major defects occurring in resin bonded sand casting. Corrective action should be proposed and taken up on responsible parameters for improving the quality of ferrous castings and hence eliminate the sand inclusion defect. Cite this Article Acharya Shailee G, Kartik Kothari , Jeetendra A Vadher. Review of Sand Inclusion Defect Analysis to Initiate the Improvement in FNB Casting Process. Journal of Production Research and Management. 2016; 6(3): 19–25p
Low Performance of Tenement Rating As a Source of Local Revenue in Nigeria: A Case for Introduction of Property and Land Use Charge
The 1999 constitution of federal republic of Nigeria in its fourth schedule 1(j), assigned local government councils in Nigeria exclusive function to assess privately owned houses or tenements for the purpose of levying tenement (property) rates which becomes a source of revenue for the local government councils. Over time, revenue accruing from this major and reliable source of internally generated revenue (IGR) for local government council has continued to dwindle and in some cases nothing is generated due to inefficient and the ineffective method of tenement rating administration in Nigeria. State governments faced with paucity of statutory revenue allocation from the federation account due to fall in the global oil prices, and realizing the huge potentials of landed property taxation as an alternative source of revenue, are now enacting laws to introduce what they called property and land use charge to replace tenement rate, since local government councils are unable to efficiently and effectively administer it. This paper examines the issues responsible for the low performance of tenement rating as a source of local revenue in Nigeria and prescribes measures towards achieving efficiency and effectiveness in the property and land use charge administration. The paper recommends among others that the method of assessment must be certain and the payer knows in advance his charge (tax) liability. Cite this Article Elekwachi Chikwendu Michael, Udobi Alexander Nnamdi. Low Performance of Tenement Rating As a Source of Local Revenue in Nigeria: A Case for Introduction of Property and Land Use Charge. Journal of Production Research and Management. 2016; 6(3): 31–36p.
Latest Research Trend of Optimization Techniques and Considerable Parameters in Wire Electrical Discharge Machining (WEDM): Review Article
Wire electrical discharge machining (WEDM) is a non-conventional machining method with unique capabilities. WEDM offers a better alternative or sometimes the only alternative to produce complex shaped features and components of difficult-to-machine materials. In today’s highly competitive manufacturing industries, manufacturer’s ultimate goal is to produce high quality product with less time and cost constraint. To achieve these goals, one of the considerations is by optimizing the machining process parameters such as, cutting speed, pulse on/off durations, voltage, wire feed, wire tension etc. Various optimization techniques are available for the optimization of the machining process parameters. This paper gives an overview and the comparison of latest sixteen years researches from 2000 to 2015 wherein various methods were used to optimize machining parameters of WEDM. The research papers reviewed here came from selected databases, which limits the generalizability of the findings to the whole existing literature on WEDM [1]. The review of the existing literature was done to reduce the time and efforts of present and future researchers in this area by providing them a quick snapshot of the latest trend in techniques, materials and various parameters of WEDM. As herein, the literature found that Taguchi and regression analysis had been widely used for optimizing machining parameters. Cite this Article Vaishali Sharma, Manish Kumar Sagar. Latest Research Trend of Optimization Techniques and Considerable Parameters in Wire Electrical Discharge Machining (WEDM): Review Article. Journal of Production Research and Management. 2016; 6(2): 30–54p.
Failure Analysis of Crankshaft: A Review
Productivity improvement is the need of current market and manufacturing sector globally. For producing different products, power press machine is a vital component of the manufacturing sector. In this review paper, author aims to study the various stresses developed in the crankshaft of the various machines employing the crankshaft. The model of the desired crankshaft was prepared in CREO and further analysis was performed in ANSYS software. The results of this analysis were then compared to the analytical results calculated theoretically. The comparative results suggested that FEM is a reliable and accurate method for design and analysis purpose. Cite this Article Vijay Makawana, Patel RC, Vaghela MB. Failure Analysis of Crankshaft: A Review. Journal of Production Research and Management. 2016; 6(2): 20–26p.
ASSESSING THE STATE OF READINESS IN MEDIUM & LARGE SCALE INDUSTRIES FOR INTRODUCING INNOVATIVE HR PRACTICES TO CATALYSE OPERATIONAL EXCELLENCE AND BECOMING A COST-QUALITY LEADER
Innovative HR practices Helps Company in catalyzing operational excellence and cost quality leader. Through Innovative HR Practices Company can convert its intangible innovative HR practices in to tangible results. Before 5 to 10 years company consider HR department as a nonhju7-productive department, but now a day’s scenario has been changed now company is considering HR department as a most crucial part of the company. The primary objective of this research is to gauge the state of readiness in medium scale and large scale businesses to adopt and institutionalize the innovative HR practices with the overall purpose of becoming market leader in their respective markets. The overarching purpose is to understand the DNA of a successful medium scale company which can emerge as a PAN India cost and quality leader in next 3 to 5 years, especially in terms of benchmark HR practices. The methodology used in the study is quantitative and qualitative in nature and data is obtained through structured questionnaire and interview of 11 manufacturing industries. Eventually, conclusion and recommendations were mentioned. Cite this Article Patel Mitsu B, Janvi Mehta. Assessing the State of Readiness in Medium and Large Scale Industries for Introducing Innovative HR Practices to Catalyze Operational Excellence and Becoming a Cost-Quality Leader. Journal of Production Research and Management. 2016; 6(2): 55–64p.
Finite Element Simulation and Experiment of Machining of Steel: A Review
<!--[if gte mso 9]><xml> <o:OfficeDocumentSettings> <o:RelyOnVML /> <o:AllowPNG /> </o:OfficeDocumentSettings> </xml><![endif]--> As a propelled producing innovation which has been created quickly as of late, rapid machining is generally connected in numerous commercial enterprises. The chip arrangement amid fast machining is a convoluted material twisting and expelling process. In examination region of fast machining, the expectation of chip morphology is a hot and troublesome subject. A limited component technique in light of the product ABAQUS which includes Johnson-Cook material model and crack foundation was utilized to mimic the serrated chip morphology and cutting power amid fast machining of AISI 1045 hardened steel. The serrated chip morphology and cutting power were observed and measured by fast machining trial of AISI 1045 hardened steel. The examination shows that the re-enactment results are steady with the trials and this limited component recreation technique exhibited can be utilized to foresee the chip morphology and cutting drive precisely amid rapid machining of hardened steel. Cite this Article Vijay Makawana, Akash Shukla, Patel HA. Finite Element Simulation and Experiment of Machining of Steel: A Review. Journal of Production Research and Management. 2016; 6(2): 13–19p.
Productivity Development Strategies in the Manufacturing Sector of the Economy
Developing or improving productivity has proven to be a key driver of industrial growth of any nation. In order for our industries to remain competitive in an increasingly complex and demand global market, there is every need to seek ways to manage their businesses effectively and efficiently. This paper therefore examines how productivity development strategies could be a catalyst for rapid industrial growth in the Nigerian economy. The paper attempts to look at the following components as part of development strategies in an organization productivity awareness, organizational diagnosis, and productivity improvement tools, setting up of productivity champions, monitoring, and evaluation of organization performance. Cite this Article Oloketuyi JI. Productivity Development Strategies in the Manufacturing Sector of the Economy. Journal of Production Research and Management. 2016; 6(2): 27–29p.
Determinants of Time on the Market and its Effect on Sales Price for Developed Residential Land in Akure, Nigeria
This research work examined the contributing factors of time on the market (TOM) on developed residential property market in Akure. It also examined the effect the time lag has on the sales price. The data for the study was collected through structured questionnaires administered on principal partners of the 20 estate surveying and valuation firms in Akure as contained in the, 2014 register of the heads of firms of the Nigerian institution of estate surveyors and valuers, Ondo state branch. The records of the past sales’ transactions of the estate surveying and valuation firms were sampled from 2010 to 2015 and the records revealed that only 131 properties had complete data for analysis. Data collected were analysed using multiple linear regression model to assess the factors responsible for TOM on developed residential properties in Akure, while simple linear regression was deployed to analyse the effect of the delay on sales price. The factors that mostly affect the time developed residential property spend on the market before being sold in Akure include nearness to tarred road, asking price and season which were significant at 0.000, 0.004 and 0.013 respectively. The other model showed that the independent variable time lag is negatively correlated with dependent variable sale price. This shows that a unit increase in the independent variables time lag will lead to the corresponding decrease in the value of the sale price. The study therefore recommended that property investors should pay attention to those housing attributes that influence TOM in order to enhance the marketability of their properties. Cite this Article Adeola, Taiwo Olusola, Akinola, Olanike Oluwatosin. Determinants of Time on the Market and its Effect on Sales Price for Developed Residential Land in Akure, Nigeria. Journal of Production Research and Management. 2016; 6(2): 1–12p.
A Case Study on Performance of Financial Institution in Funding SMES and Challenges Ahead in India for SMEs
Small and medium-size enterprises (SMEs) have long been recognized as one of the corner stones of a country’s development. It is thus, important to understand what contributes to their success as well as the difficulties they face. Surveys have shown that the lack of available financing from financial institutions is one of the biggest problems facing small businesses today. In this paper, we try to identify the aspects of obtaining financing that SMEs have most problems with as well as to determine which firm specific factors (such as; type of set-up, size of operation, years in operation and type of industry) contribute to the firms’ ability to borrow. For the firms that applied, the main difficulties faced were the lack of collateral, the lack of proven track records, the lack of proper business plans and the need to show good sales turnover. Actions that may be taken by the SMEs, the financial institutions, the Indian government and tertiary institutions finds that after so much contributions SMES are struggling with financial constraint. Cite this Article Monika Sharma, Vikas Madhukar. A case study on performance of financial institution in funding SMES and challenges ahead in India for SMEs. Journal of Production Research and Management. 2016; 6(2): 65–71p.
Influence of Welding Sequence on Distortion of Circumferential Pipe Joint: A Review
Welding of pipes and pressure vessels is a very critical operation for the chemical industries and power plants. It requires considerable experience to develop a proper sequence for welding a circumferential pipe joint. This review paper presents the analysis of different weld sequences and its effect on distortion and stresses in pipe joint. In this paper, experimental results are illustrated for AISI stainless steel pipe joint having diameter 274 mm and thickness 6.2 mm, which is TIG welded with V groove geometry. Cite this Article Shubham Rupani, Anand Barai. Influence of Welding Sequence on Distortion of Circumferential Pipe Joint: A Review. Journal of Production Research and Management. 2016; 6(1): 39–43p.
Metal Foam by Powder Metallurgy Routes: A Review Paper
The aim of study is to evaluate and optimize the process parameters and several control factors of foaming because of their physical and mechanical properties such as, high stiffness, high compressive strength, and good energy absorption. Powder metallurgy is a method in which aluminum and aluminum alloy are mixed with TiH2 or other blowing agents for foam making process. Powder mixed is consolidated to obtain a high dense foam compact precursor like hot extrusion or pressing. The precursor is heated above the melting point to obtain the foam. Due to presence of oxide contents in the aluminum powder it plays a significant role in the expansion and stability of foam in PM routes. Their applications are in wide range of structural and functional products due to their exceptional mechanical, thermal, acoustic, electric, and offer great potential for light weight. The cellular structure and pore size also depends on the process parameter, size of the particles, and relative density. Cite this Article Mohd. Hassan, Sanjay Kumar Jha, Vijay Pandey. Metal Foam by Powder Metallurgy Routes: A Review Paper. Journal of Production Research and Management. 2016; 6(1): 9–15p.
Review-Value Stream Mapping to Increase Productivity
Value stream mapping (VSM) is one of the predominant tools of lean methodology to identify waste in production, business and manufacturing by recognizing and removing redundant activities. This map helps us to detect the redundant activity in the entire process line by which we can eliminate it. The existing process steps are scrutinized to reduce the process steps up to the fewest necessary steps. By the consequence, redundant time will decrease and the output speed will increase. So, considerable profit can be earned by increase in productivity. Cite this Article Acharya HG, Puranik PS, Radia PM. Review-Value Stream Mapping to Increase Productivity. Journal of Production Research and Management. 2016; 6(1): 16–18p.