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IE301 : Operations Analysis

Prerequisites topics

Probability, statistics, some notions of optimisation.  

Contents:

The aim of the course is to introduce students to concepts, models and methods for planning, designing, and operating manufacturing & service systems. 

Topics include:

  • Resource planning, resource allocation
  • Inventory control: Deterministic and Stochastic Models, Newsvendor models; Service levels;
  • Scheduling 
  • Demand Forecasting
  • Quality control & management, Six Sigma, Statistical Quality control
  • Project Management: CPM and PERT
  • Sustainable operations 

References

  • Steven Nahmias (2008) Production and Operations Analysis, 6th edition, McGraw-Hill.
  • W. Hopp and M. Spearman (2008) Factory Physics, 3rd edition, McGraw-Hill
  • Narayan Rangaraj, G. Raghuram, Mandyam Srinivasan, Supply Chain Management, McGrawHill, 2008
  • Joseph S. Martinich (2000) Production and Operations Management: An Applied Modern Approach, John Wiley & Sons
  • R.J.Tersine, Principles of Inventory and Materials Management, 4th ed., Prentice Hall, 1994.