OPM 301 - Operations Management

This class was created by Brainscape user Lucas Englert.

By:
Lucas Englert
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Decks in this class (10)

I. Introduction
Why is coordination and control d...,
What are the three dimensions of ...,
What is operations management and...
11  cards
II. Business Analytics: Optimization & Production Planning
Why do we use optimization models 1,
State the components of an optimi...,
How does the for all symbol look ...
13  cards
III. Business Analytics: Stochastic Variability
Explain the kingman formula 1,
What are the performance measures...,
Explain little s law 3
6  cards
IV. Variability in industry
0  cards
V. Introduction to Logistics and SCM
What is the structure of the seco...,
What are logistics and supply cha...,
What does scm influence and what ...
11  cards
VI. Demand Forecasting
What are key insights about forec...
1  cards
VII. Inventory control for known demand
Why do companies hold demand 1,
Why to hold inventory 2,
Which framework to use for invent...
15  cards
VIII. Inventory control for uncertain demand
What are inventory management cha...,
What is the trade off when facing...,
Explain the newsvendor model 3
4  cards
IX. Transportation planning
0  cards
X. Supply Chain Management
What are key insights into supply...
1  cards

More about
OPM 301 - Operations Management

  • Class purpose General learning

Course Objectives of Part 1 - Operations 1. Get to know the role of production management 2. Understand the sources of variability and its implications 3. Understand essential planning tasks in production and service systems 4. Identify key trade-offs in production management 5. Gain the ability to structure and model optimization problems

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