Production and Operations Foundation
MGMT 741 • 2 Credits • 7 Weeks • Typically Offered: Fall, Summer
The Production and Operations Management (POM) Foundation course is designed for students entering the MBA program who have not had sufficient exposure to the subject before.
At the end of the course you will have learned all the basic concepts typically taught in a first course in POM. You will have also gained a working knowledge of several POM techniques that are used in manufacturing and service industries. These techniques will cover such topics as production and inventory control, scheduling, project management, and quality control. You will be able to implement these techniques on spreadsheets using specially designed templates.
Prerequisites: College algebra, basic statistics, basic competency in using Microsoft Excel. Not for MBA credit.
Course Outcomes
- Construct mathematical models of manufacturing and service operations
- Solve operations problems in the areas of forecasting, facilities layout, aggregate production planning, inventory control, scheduling, project management, and quality control
- Create spreadsheet implementations of above solutions
- Review recent developments in Operations Management
- Appraise how other functional areas of business are integrated with Operations Management
Course Outline
Week 1: Introduction
- OM Strategy
- Recent Topics in OM
Week 2: Design and Implementation of Operations
- Product and Service Design
- Process Planning
- Facilities Location
- Facilities Layout
Week 3: Planning and Scheduling of Operations
- Forecasting Techniques
- Capacity and Aggregate Planning
- Operations Scheduling
Week 4: Inventory Control
- EOQ Models
- Re-Order Point Methods
- Service Level
Week 5: Material and Capacity Requirements Planning
- MRP Basics
- MRP II
- Introduction to ERP
Week 6: Project Management
- CPM and PERT
- Project Cost Monitoring
Week 7: Quality Control
- Acceptance Sampling
- Control Charts
- TQM Concepts
Week 8: Final Examination
- Review as needed
- Final Exam
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