IE 214_Industrial Operations Management-I

Catalog Data:

Introduction to operations management, system productivity calculations, qualitative and quantitative forecast measurements, monitoring and control, industry process capacity analysis, management and control of inventory, management of inventory for probabilistic demand, supply chain strategies, benchmarking and its performance measurement.

Course Purpose:

Understand industrial engineering and operations management. Purpose is to make use of managerial concepts and quantitative techniques required in the area of productivity, forecasting, capacity planning, inventory & supply chain management. Also understand use several forecasting techniques, the functions of inventory and formulate basic inventory models, and supply chain management. Course purpose is also to motivate to work in teams and communicate effectively through class discussions and presentations.