10687 Operations Management I
Credits: 4 intermediate credits in Industrial Engineering and Management or in Management
Prerequisites: One of the following: Introduction to Statistics for Students of Social Sciences I or Introduction to Statistics and Probability for Science Students; one of the following: Introduction to Statistics for Students of Social Sciences II or Statistical Inference; and one of the following: Calculus for Students of Economics and Management or Differential and Integral Calculus I.
The course is based on a translation of the first part of Production and Operations Analysis (4th ed.), by S. Nahmias (McGraw Hill, 2001).
The course deals with various areas relating to supply chain management, production volume and production capacity in business organizations. The course presents the major quantitative models in the field, and considerations for their implementation.
Topics: Strategy and competition; Forecasting; Aggregate planning; Inventory control subject to known demand; Inventory control subject to uncertain demand; Supply chain management.