Working Operations Management Problems

This course will show you how to work the many problems encountered in a typical operations management college course.

Created by: Ronny Richardson
Professor of Operations Management

What Will I Learn?

• By the end of the course, you should be able to perform all the basic calculations in operations management. These include productivity, breakeven analysis, efficiency, processing requirements, number of kanban cards, yield, and learning curves.
• By the end of the course, you should be able to perform all the forecasting problems in operations management. These include simple moving averages, weighted moving averages, simple exponential smoothing, trend-adjusted exponential smoothing, simple regression, multiple regression, seasonal forecasts, MAD, MAPD, MSE, tracking signals, and control charts.
• By the end of the course, you should be able to perform all the assemble line balancing problems in operations management.
• By the end of the course, you should be able to perform all the work design problems in operations management.
• By the end of the course, you should be able to perform all the location planning problems in operations management.
• By the end of the course, you should be able to perform all the control chart problems in operations management. These include forecasting error terms, x-bar, R, P, and C charts.
• By the end of the course, you should be able to perform all the quality control problems in operations management. These include process capability ratio, process capability index, system availability, and system reliability.
• By the end of the course, you should be able to perform all the inventory management problems in operations management. These include basic EOQ, production EOQ, EOQ with quantity discounts, EOQ reorder point, fixed order period, inventory turns, ABC classification.
• By the end of the course, you should be able to perform all the aggregate planning problems in operations management.
• By the end of the course, you should be able to perform all the material requirements planning problems in operations management.
• By the end of the course, you should be able to perform all the waiting line problems in operations management.
• By the end of the course, you should be able to perform all the project management problems in operations management.

Requirements

• A basic understanding of statistics.

Target audience

• College students (undergraduate or graduate) taking a course in Operations Management or Production Management
• Anyone needing a review of operations management techniques.