Supply, Demand, and Technology

Catalog description

This course describes the role of supply, demand, and technology in managing businesses. It has two parts. The first part focuses on concepts useful in efficiently managing the transformation of materials, labor, and capital into products or services. Topics covered include: the role of operations management in overall competitive strategy, key performance measures, and tools for improving operations performance. The level of discussion varies from long-term strategic planning to daily control of business processes. Students will understand the role operations management plays in business processes. The second part focuses on the role of technology in organizational strategy.