BUDT 744

Operations Analytics
Credits
2
Former Course Name
BUDT 758V

A firm can create competitive advantage through the efficient management of its operations. To do so, the firm must recognize and establish the strategic role of its operations within the organization. At the more detailed operational level, the firm must execute effectively and efficiently using data, mathematical models, and other quantitative tools. This course offers analytical tools and techniques that the firm can use for execution. We cover key concepts and tools of operations and supply chain analytics, including process and bottleneck analysis, capacity and aggregate planning, waiting line management, inventory models, risk pooling, distribution planning, and facility location and network design. These concepts and tools will be applied to both manufacturing and service operations problems.