Operations Management

Course Description:

This course is an introduction to the concepts, principles, problems, and practices of operations management in both the manufacturing and service sectors of the economy. Emphasis is focused on preparing students to identify and apply appropriate management processes to ensure efficient and effective operations, while achieving operational excellence. Various techniques and mathematical algorithms for solving traditional operations management problems will be explored. Your homework assignment will be built around typical operational problems, requiring mathematical solutions.

Course Objectives:

This course aims to improve students understanding of the concepts, principles, problems, and practices of operations management. After completing this course, students should be able to understand:

  • An appreciation for the production and operations management functions in any organization.
  • The importance of productivity and competitiveness to both organizations and nations.
  • The importance of an effective production and operations strategy to an organization.
  • The various production and operations design decisions and how they relate to the overall strategies of organizations.
  • The relationship of the various planning practices of capacity planning, aggregate planning, project planning and scheduling.
  • The roles of inventories and basics of managing inventories in various demand settings.

Textbook, Lecture Note, and Reference:

Outline:

Day Topic Text section Remarks
1 Introduction Chapter 1
  • Problem 1-1; 1-2
  • Chapter 4: Product Design (Group project)
  • Chapter 5: Service Design (Group project)
2 Human Resources Chapter 8
  • Homework: 
    • Discuss your group project organizational structure; type of motivation, pay, workplace and time.
    • Read case problem 8.1
3 Human Resources Chapter 8
  • Homework: (submit on 4th day)
    • Discuss some reason a company might not want to participate in green activities (p.324)
    • Discuss some types of jobs that telecommuting and alternative workplace would not be compatible with (p.326)
    • Discuss the advantages to UPS and other companies (like McDonald's) that hire a lot of part-time workers (p.327)
  • In-class discussion: Case problem 8.1 "Maury Mills" - Why do you think Maury Mills got in the shape it is? What are some of the mistakes you think they may have made in managing their human resources? What would you recommend that Dana and Anne do to resolve their problems? Are their problems solvable? (submit on 5th day)
4 Inventory Management Chapter 13
  • Submit: Along Supply Chain 324; 326; 327
  • Problem 13.1; 13.2
  • Chapter 12: Forcasting (Group project)
  • Homework: (submit on 6th day)
    • Why do you think Dell holds the order size Q, constant in its continuous order system? (p.561)
    • Hewlett-Packard seems to incur some inventory costs that Dell with its vendor managed inventory (VMI) system (see page 503) does not. Compare the two different supply chain designs for these major computer manufacturers and discuss the advantages and disadvantages of each. (p.563)
5 Inventory Management Chapter 13
  • Submit: Case problem 8.1
  • Case problem 13.1
  • Problem: 13-27
  • Groupwork: Discuss your project inventory management plan.
6 Sales & Operations Planning Chapter 14
  • Submit: Along Supply Chain 561; 503
  • Discuss: Along Supply Chain 611; 613; 615
7 Sales & Operations Planning Chapter 14
  • Problem: 14-1; 14-2; 14-3
  • Case problem: 14.1 (submit on 10th day)
  • Groupwork: how will your group manage the S&OP of your project?
8 Mid-term test (120')  
  • Group project update
  • Human Resources Management (literature)
  • Inventory Management (exercise)
  • Sales and Operations Planning (exercise)
9 Resources Management Chapter 15  
10 Resources Management Chapter 15
  • Submit: Case problem 14.1
11 Lean System Chapter 16  
12 Presentation    
13 Review   End of semester
14 Field trip    
15 Field trip