OIE 501Operations Management

Catalog

This course focuses on the data-driven decision-making that matches supply to demand in an organization and its supply chain, emphasizing the strategic impact of operations on competitiveness and sustainability. Emergent technologies are explored as opportunities for innovation. Descriptive, predictive, and prescriptive analytical techniques are introduced to structure and evaluate key operational decisions. Skills required to model a system’s operations, to address uncertainty and mitigate risk, to effectively evaluate resource needs, to integrate components into a coordinated system, and to efficiently develop and manage capacity and inventory are honed during the course.