This course provides students with concepts, techniques and tools to design, analyze, and improve core operational capabilities, and apply them to a broad range of application domains and industries. It emphasizes the effect of uncertainty in decision-making, as well as the interplay between high-level financial objectives and operational capabilities. Topics covered include production control, risk pooling, quality management, process design, and revenue management. Also included are case studies, guest lectures, and simulation games which demonstrate central concepts.
Upon course completion, the participants will be able to:
- To gain an understanding and appreciation of the principles and applications relevant to the planning, design, and operations of manufacturing/service firms.
- To develop skills necessary to effectively analyze and synthesize the many inter-relationships inherent in complex socio-economic productive systems.
- To reinforce analytical skills already learned, and build on these skills to further increase your "portfolio" of useful analytical tools for operations tasks.
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e-book enables you to access interactive reading material to strengthen the skills learned in the sessions.
Online Lab enables you to practice the application of concepts you have learnt in the sessions in the virtual environment.
Tutorials enables you to get easy learning with clear, crisp, and to-the-point content on a wide range of technical and non-technical subjects without any preconditions and impediments.