PRODUCTION AND OPERATION ANALYSIS (4/2 Credits)

Learning Outcomes:

On successful completion of this course, student will be able to: Use forecasting techniques to forecast demand (e.g. exponential smoothing, regression); Apply aggregate planning models; Use basic deterministic and stochastic for inventory problem solving (e.g. EOQ, (Q,R), (s,S)); Use material requirements planning models including lot sizing for MRP (using Wagner-Whitin and heuristic methods) based on basic capacity planning concept in a manufacturing system; Explain kanban, CONWIP, other pull systems, and the principles of “factory physics,” (how to use formulas for estimating cycle time, WIP and variability levels and its influence); Apply job shop scheduling methods.

Topics:

1. Production/Operations Management;
2. Forecasting;
3. Aggregate Planning;
4. Inventory Control Subject to Known Demand;
5. Inventory Control Subject to Uncertain Demand;
6. Supply Chain Management;
7. Warehousing System;
8. Review;
9. Push and Pull Production Control System: MRP, JIT;
10. Operations Scheduling;
11. Personnel Scheduling;
12. Project Scheduling;
13. Facilities Layout and Location;
14. Reliability and Maintainability.