Operations and Information Management Department
Pre-requisites
MBA 504C.
Operations Management Module (1 Credit)
A functional review of how to manage the activities involved in the process of converting or transforming resources into products or services. Topics include an overview of strategic decisions, forecasting, basic inventory models, aggregate planning and master scheduling, materials requirements planning, and scheduling operations.
MBA 501A.
Statistics Module (1 Credit)
This course module is intended to develop the statistical concepts and techniques that are needed to make business decisions. Topics to be covered include detailed coverage of descriptive statistics, probability theory (including Bayes’ Theorem), and discrete and continuous probability distributions with an emphasis on business applications. A survey of modern statistical methods covering sampling distributions, interval estimation, hypothesis testing, and regression and correlation analysis will be discussed.
MBA 501B.
Management Science Module (1 Credit)
An introduction to the quantitative approaches used in today's businesses to solve decision problems. Topics will include overviews of linear programming, spreadsheet modeling, project scheduling, waiting line systems, and simulation.
Course Offerings
OM 503.
Operations Management (3 Credits)
(Prerequisites, MBA 501A & B, and MBA 504C) This course is designed to emphasize the strategic importance of operations management to the overall performance of the enterprise. Topics include: product and process planning and design, forecasting, facility location and layout, production staffing, job design and work measurement, capacity planning, aggregate planning, inventory management, requirements planning, operations scheduling, Just-in-time, and quality assurance.
OM 540.
Supply Chain Management (3 Credits)
(Prerequisite, MBA 504C) This course focuses on the design, operation, and control of supply chains in the global context. Topics include: supply chain strategy, risk pooling and inventory placement, distribution systems, network design and transportation, strategies for managing product variety, supply chain coordination, revenue management, and decision support systems for supply chain operations. Issues specific to global sourcing, and risk management in international supply chains will be explored.
OM 543.
Project and Change Management (3 Credits)
(Prerequisite, MBA 501B) This course will examine advanced project management concepts covering all phases of the project lifecycle (from requirement specification through post-project assessment). Special emphasis will be placed on understanding projects within the context of complex organizational settings, the need for implementing change, and in particular, managing the strategic change process. The Project Management Institute’s standard (PMBOK Guide, 2000) outlining the current articulated body of knowledge will be heavily utilized.
OM 544.
Business Forecasting Models (3 Credits)
(Prerequisite, MBA 501A) This course deals with the study of quantitative forecasting techniques which include exponential smoothing, classical decomposition, regression analysis and Box-Jenkins (ARIMA) methodology, as well as qualitative (judgmental) methods. The emphasis is on their practical application in various business forecasting situations. Issues important in the selection of appropriate forecasting methodology such as data requirements, forecast accuracy, time horizon and cost are discussed.
OM 545.
Quality Management (3 Credits)
(Prerequisite, MBA 501A and MBA 504C) Quality Management (provides the means for the organization to define its culture and to support the constant attainment of customer satisfaction through an integrated system of tools, techniques, and training. Topic coverage focuses on applying various continuous improvement techniques such as statistical process charts and assessment frameworks (e.g., Deming’s philosophy, Baldrige Criteria, ISO 9000) in order to achieve world class quality.
OM 546.
Entrepreneurship and New Venture Creation (3 Credits)
(Prerequisite, completion of all modules or permission of instructor) This course examines the issues related to the starting of the new technology-based businesses. It focuses on entrepreneurial traits, idea generation, entry strategies, marketing plans and development of business plans. Venture capital and other forms of financing will also be covered. In addition there will be a discussion on legal and intellectual properties issues.
OM 547.
Production Planning & Control (3 Credits)
(Prerequisite, MBA 504C) An in-depth look at the planning and control of material flow and production activities in a manufacturing organization. Topics Include: forecasting, sales and operations planning, demand management, master production scheduling, material requirements planning, production execution, and just-in-time systems. Hands-on exercises using ERP software will serve to reinforce the interconnectedness of operations with the other business functional areas. This course is not open to those students who have received credit for ERP 511.
OM 549.
Special Topics in Operations Management (3 Credits)