Preview

operations management introduction

Satisfactory Essays
Open Document
Open Document
1805 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
operations management introduction
2/21/2014

EM 502 OPERATIONS
MANAGEMENT
INTRODUCTION

Middle East Technical University

1

Department of Industrial Engineering
06531 Ankara / Turkey

General Information
• Textbook: Operations Management by
Heizer and Render, Prentice Hall, 10th
Edition, 2010.
• Grading
– Midterm Exams (2)
60%
– Final (Comprehensive)
20%
– Case Studies (2 or 3 – team work) 20%

Middle East Technical University

2

Department of Industrial Engineering
06531 Ankara / Turkey

1

2/21/2014

Outline














Introduction to Operations Management (Chapter 1)
Operations Strategy (Chapter 2) (Reading Assignment)
Project Management (Chapter 3)
Forecasting (Chapter 4)
Inventory Management (Chapter 12)
Aggregate Planning (Chapter 13)
Material Requirements Planning (Chapter 14)
Short Term Scheduling (Chapter 15)
Just-in-Time and Lean Production Systems (Chapter 16)
Supply Chain Management (Chapter 11)
Process Strategy and Capacity Planning (Chapter 7)
Location and Layout (Chapters 8 and 9)
Managing Quality (Chapter 6)
Middle East Technical University

3

Department of Industrial Engineering
06531 Ankara / Turkey

Rules / Regulations
• Students are responsible for checking the course web site on metu-online regularly.
Course material will be uploaded for each week.
• At least 70% attendance to lecture hours is must. • Makeup for the midterm exams will be comprehensive and will be given after the finals.
Only students with valid excuses are allowed to take makeup exam.
Middle East Technical University

4

Department of Industrial Engineering
06531 Ankara / Turkey

2

2/21/2014

Operations Management at
Work
• How do we decide to include a new item on the menu at a restaurant?
• Where should we locate the distribution centers of a beer manufacturer?
• Assembly line design and balancing for a fashion apparel manufacturer
• Which supplier should a cable manufacturer work with?
Middle East Technical University
Department of Industrial Engineering

5

06531 Ankara / Turkey

What

You May Also Find These Documents Helpful

  • Good Essays

    Operations Managements

    • 2532 Words
    • 11 Pages

    Consider a firm with a daily demand of 100 units, a production rate per day of 500 units, a setup cost of $200, and an annual holding cost per unit of $10. Suppose that the firm operates 300 days per year. How many units of inventory must their storage area be able to hold?…

    • 2532 Words
    • 11 Pages
    Good Essays
  • Powerful Essays

    Operations Management

    • 3503 Words
    • 15 Pages

    How Paper is Made (1998). In Pulp and Fiber Products. Retrieved September 17, 2011, from…

    • 3503 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Operations Management

    • 1231 Words
    • 4 Pages

    There are many performance indicators for the success of a business. This include brand identity, reputation, innovation, leadership, productivity, process management, customer satisfaction, and quality to name a few.…

    • 1231 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    – Example • Procter & Gamble does not sell laundry detergent • P&G sells the benefit of clean clothes…

    • 912 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    We study Operations Management because it is such a costly part of an organization. A large percentage of the revenue of most firms is spent in the Operations Management function. Indeed Operations Management provides a major opportunity for an organization to improve its profitability and enhance its service to society.…

    • 1270 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Operations management is the organizing and controlling of the fundamental business activity of providing goods and services to customers (Encarta, 2005). In the healthcare industry, operations management generally focuses on providing a service of healthcare to patients. An organization has three basic functional areas, and theses are: finance, marketing, and operations (Operations Management, 2004, p.4). Since operations is one of the three basic functions of an organization it holds a strong significance in the healthcare industry. The contents of this paper will explain what operations management means to the writer, and why is operations management important to a healthcare organization.…

    • 826 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    1. Why is interfunctional cooperation important for new-product design? What are the symptoms of a possible lack of interfunctional…

    • 1299 Words
    • 6 Pages
    Satisfactory Essays
  • Better Essays

    Operations management

    • 2227 Words
    • 9 Pages

    Foster, S. T., Walling, C. and Ogden, J. (2011), “Towards a better understanding of supply chain quality management practices”, International Journal of production research, 49(8), 2285-2300…

    • 2227 Words
    • 9 Pages
    Better Essays
  • Good Essays

    1. How does ALDI’s strategy lead to a competitive advantage? How does the company achieve this strategy?…

    • 609 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Operations Management

    • 561 Words
    • 3 Pages

    days a week and serves its customers from an a la carte menu, used in the…

    • 561 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Operations Management

    • 954 Words
    • 4 Pages

    The market for Lycra is vast. It’s not easy to pinpoint a particular market as Lycra is being used by different manufacturers such as Wacoal, Liz Claiborne, Macy’s, etc. and they are targetting different consumers.…

    • 954 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Quality, production times, distribution of items and final prices will brand you as a successful company, using some key management components can get you to that level. This concept paper is going to focus on production planning, developing a master production schedule, capacity planning, inventory management and total quality management. Each of the topics is crucial in materials management and whether the company is going to flourish or fall. The examples used are going to help bring an understanding on how each phase is important to each other.…

    • 2212 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Many students come to this course with negative feelings, perhaps because they have heard that the course includes a certain amount of quantitative material (which many feel uncomfortable with), or perhaps because the course strikes them as “how to run a factory.” Others seem to have very little idea about what operations management is. I view the initial meeting with my classes, and this first chapter, as opportunities to dispel some of these notions, and to generate enthusiasm for the course.…

    • 2404 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Operations Management

    • 531 Words
    • 3 Pages

    Operations management refers to the activities, decisions and responsibilities of managing the resources which are dedicated to the production and delivery of products and services. Operations management exists in very organization and is very important in business operations since it forms the heart of the organisation by controlling the system of operation. Operations management is one of the three core functions of an organization, and the other two are marketing and finance.…

    • 531 Words
    • 3 Pages
    Good Essays
  • Better Essays

    operations management

    • 1853 Words
    • 6 Pages

    Operations Management involves the design and management of an organization’s systems and processes. Here, organizations will be focusing on the creation and delivery of products and services. This includes such functions as capacity planning, inventory management, logistics management, production planning and control, resource allocation and total quality. Career opportunities exist in consulting, manufacturing, retailing, service organizations and government CITATION Rob12 \l 1033 (Robert H. Smith School of Business, (2012)). Operation is that part of as organization, which is concerned with the transformation of a range of inputs into the required output (services) having the essential quality level. Management is the process, which combines and transforms various resources used in the operations subsystem of the organization into value added services in a controlled manner as per the policies of the organization CITATION Kum09 \l 1033 (Kumar, c2009).…

    • 1853 Words
    • 6 Pages
    Better Essays