Week - 1 |
Strategy and Competition, A Framework for Operations Strategy, Learning and Experience Curves, Capacity Growth Planning |
Week - 2 |
The Time Horizon in Forecasting, Characteristics of Forecasts, Subjective Forecasting Methods, Objective Forecasting Methods, Causal Models, Time Series Methods, Evaluating Forecasts, Methods for Forecasting Stationary Series, Moving Averages, Exponential Smoothing, Multiple-Step-Ahead Forecasts, Comparison of Exponential Smoothing and Moving
Averages |
Week - 3 |
Trend-Based Methods, Regression Analysis, Double Exponential Smoothing Using Holt’s
Method, Methods for Seasonal Series, Seasonal Factors for Stationary Series,
Determining the Deseasonalized Series |
Week - 4 |
Question Hour 1: Forecasting |
Week - 5 |
Sales and Operations Planning Problem, Key Performance Indicators, The Role of Uncertainty, Aggregate Planning of Capacity, Costs in Aggregate Capacity Planning, A Prototype Problem, |
Week - 6 |
Aggregate Planning with Chase Strategy, Aggregate Planning with Level Strategy, Aggregate Planning with Mixed Strategy, Optimization of Aggregate Planning |
Week - 7 |
Question Hour 2: Sales and Operations Planning, Quiz 1 |
Week - 8 |
Midterm |
Week - 9 |
Service Operations Management, Service Operations Strategy, Flow Systems, Process Flow Diagrams, Capacity, Flow Rates and Utilization, Modeling Unscheduled Arrivals, Poisson Process, Exponential Interarrival Times, General Arrival Processes, Pooling in Services, Probability of Delay |
Week - 10 |
Queueing Systems, Structural Aspects of Queueing Models, Notation, Little’s law, The M/M/1 Queue, The M/M/n Queue
|
Week - 11 |
EN: EN: Push and Pull Production Control Systems, MRP Basics, JIT Basics, Alternative Lot-Sizing Schemes, The Silver–Meal Heuristic, Least Unit Cost, Part Period Balancing |
Week - 12 |
Incorporating Lot-Sizing Algorithms into the Explosion Calculus, Lot Sizing with Capacity Constraints, Shortcomings of MRP: Uncertainty, Capacity Planning, Rolling Horizons and System Nervousness |
Week - 13 |
JIT Fundamentals, The Mechanics of Kanban, Single Minute Exchange of Dies, Advantages and Disadvantages of the Just-in-Time Philosophy, Implementation of JIT, A Comparison of MRP and JIT |
Week - 14 |
Question Hour 3: Push and Pull Production Control Systems, Quiz 2 |