BA in Accounting and Finance / Бакалавр в Области Бухгалтерского Учета и Финансов

Course Details

Course Information Package

Course Unit TitleOPERATIONS RESEARCH I
Course Unit CodeAFOR310
Course Unit Details
Number of ECTS credits allocated5
Learning Outcomes of the course unitBy the end of the course, the students should be able to:
  1. Define operations management
  2. Calculate single & multifactor productivity
  3. Identify and define key decisions in operations management
  4. Define product life cycle
  5. Apply decision-trees to product issues
  6. Explain the key principles of Total Quality Management
  7. Describe production processes
  8. Compute cross-over points for different processes
  9. Evaluate supply chain performance
  10. Compute inventory turnover
  11. Use break-even analysis to determine cost-effectiveness of outsourcing
  12. Define JIT and lean operations
  13. Determine optimal setup costs and times
Mode of DeliveryFace-to-face
PrerequisitesAFMA101,AFMA102,AMAT112,AMAT210Co-requisitesAFOR320
Recommended optional program componentsNONE
Course Contents

Operations and Productivity

Define operations management

Explain distinction between goods and services

Explain difference between production and productivity

Calculate single & multifactor productivity

 

Operations Strategy

Identify and define key decisions in operations management

Identify and define global operations strategy options


Design of Goods & Services

Define product life cycle

Build a house of quality

Apply decision-trees to product issues

 

Managing Quality

Define Quality & TQM

Explain Six Sigma

Use tools of TQM

 

Process Strategy

Describe production processes

Compute cross-over points for different processes

Use tools for process analysis

 

Supply chain management

Identify supply chain strategies

Evaluate supply chain performance

Compute inventory turnover

 

Outsourcing

Explain how core competencies relate to outsourcing

Use break-even analysis to determine cost-effectiveness of outsourcing

 

JIT & Lean Production

Define JIT and lean operations

Determine optimal setup costs and times

Explain principles of the Toyota Production System

 

Recommended and/or required reading:
Textbooks
  • Heizer, J., Render, B. (2009) Operations Management, 9e, Prentice Hall.
References
    Planned learning activities and teaching methodsLectures, discussions, class exercises, presentations, assignments
    Assessment methods and criteria
    Mid-term exam20%
    Group assignment and presentation20%
    Final Exam60%
    Language of instructionEnglish
    Work placement(s)NO

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