FARE*3310 C01 W23 v1.00 Jay Heizer, Barry Render & Paul Griffin (2019) Third Canadian Edition Plus MyOMLab with Pearson eText - Access Card Package 2/e ___________________________________________________________________________________________________________________ 4 Learning Outcomes 4.1 Course Learning Outcomes By the end of this course, you should be able to: 1. explain why operations management drives the profitability of every organization 2. demonstrate the basic principles of operations strategy 3. demonstrate important operations decision making tools 4. demonstrate the concepts and challenges associated with managing operations within companies and supply chains 5. utilize quantitative techniques and technologies that impact operations management decision making (e.g., forecasting, facility location, facility layout, statistical quality control, waiting line theory, and project scheduling and tracking tools) to illustrate how these tools provide a basis for monitoring personnel and organizational performance and ultimately are the basis for problem solving 6. distinguish between the management concerns in a goods (tangible) production environment and a services (intangible) delivery environment 7. demonstrate an awareness of the strategic importance of operations in today’s highly competitive, rapidly evolving, and increasingly global business environment ___________________________________________________________________________________________________________________ 5 Teaching and Learning Activities More details in Additional Content listed below (TENTATIVE). 5.1 Lecture Topics: References: Learning outcomes: • • • • • • Introduction to Operations Management and Operations Strategy, Learning Curve Ch 1 & Ch 2, Module E Define operations management Explain the difference between goods and services Explain the difference between production and productivity Compute single-factor productivity Compute multifactor productivity Identify the critical factors in enhancing productivity Page 3 of 13 FARE*3310 C01 W23 v1.00 • Understand learning curve and its applications • Define mission and strategy • Identify and explain three strategic approaches to competitive advantage Topics: References: Learning outcomes: • • • • • Use a Gantt chart for scheduling Draw Activity-on-Node (AON) and Activity-on-Arrow (AOA) Complete forward and backward passes for a project Determine critical path Calculate the mean and variance of activity times; Crash projects Topics: References: Learning outcomes: • • • • • • • • • • Managing Quality, SPC, Reliability Chs 6, 6S, & 16 Define quality and Total Quality Management (TQM) Describe the ISO International quality standards Explain what the six sigma is Explain how benchmarking is used in TQM Use the seven tools of TQM Explain the purpose of a control chart Build x-bar charts and R-charts List the five steps involved in building control charts Build p-charts and c-charts Explain process capability and compute Cp and Cpk Topics: References: Learning outcomes: • • • • Project Management Ch 3 Forecasting Ch 4 Understand the three time horizons and which models apply for each Explain when to use each of the four qualitative models Apply the naïve, moving-average, exponential smoothing methods Compute three measures of forecast accuracy Topics: References: Learning outcomes: Inventory Management Ch 12 Page 4 of 13 FARE*3310 C01 W23 v1.00 • • • • • • • Conduct ABC analysis Explain and use the EOQ model for independent inventory demand Compute a reorder point and explain safety stock Apply the production order quantity model Explain the use of quantity discount model Understand service levels and probabilistic inventory models The Newsvendor Model Topics: References: Learning outcomes: • • • • • • • • Define just-in-time, TPS, and lean operations Define the seven wastes and the 5Ss Determine optimal setup time Define Kanban; Compute the required number of kanbans Explain the principle of Toyota Production System Describe the characteristics of arrivals, waiting lines, and service systems Apply the single-channel queuing model equations Conduct cost analysis for a single-channel waiting line Topics: References: Learning outcomes: • • • • • • Process Strategy and Sustainability; Capacity and Constraint Management Chs 7 & 7S Describe four production processes Compute crossover points for different processes Identify recent advances in production technology Define capacity, determine design capacity, effective capacity, and utilization Compute break-even Determine expected monetary value of a capacity decision Topics: References: Learning outcomes: • • • • JIT and Lean Operations, Waiting-Line Models Ch 16; Module D Location Strategies Ch 8 Identify and explain key factors that affect location decisions Compute labour productivity Apply the factor rating method Complete a locational break-even analysis graphically and mathematically Page 5 of 13 FARE*3310 C01 W23 v1.00 • Use the center-of-gravity method • Understand the distinctions between service- and industrial-sector location analysis Topics: References: Learning outcomes: • • • • • Discuss the objective of the key issues in layout Explain how to balance production flow in a repetitive or product-oriented facility Identify four ways of establishing labour standard Compute normal and standard times in a time study Find the proper sample size for a time study Topics: References: Learning outcomes: • • • • • • Layout Strategies; Human Resources Chs 9 & 10 Supply Chain Management; Supply Chain Management Analytics Ch 11 & 11S Explain the strategic importance of supply chain Identify six supply chain strategies Explain how core competencies relate to outsourcing Explain and measure the bullwhip effect Use factor rating to evaluate both country and provider outsourcers Evaluate cost-of-shipping alternatives 5.2 Tentative Schedule: Wk Week of Topic Readings 1 Jan 9 Introduction, Productivity, Ch 1 Ch2 Operations Strategy, Learning Module E Curves 1.2, 1.4, 1.6, 1.8, 1.10, 1.12, 1.14, 1.16, 1.18 2 Jan 16 Project Management 3.4, 3.8, 3.14, 3.20 3 Jan 23 Managing Quality, Statistical Ch 6 Ch S6 Process Control 6.8, 6.9, 6.10, 6.17, S6.2, S6.4, S6.10, S6.13, S6.24 4 Jan 30 Statistical Process Control, Reliability, Forecasting Ch 6 Ch 17 17.8, 17.11, 17.12, 17.14 5 Feb 6 Forecasting, Inventory Management Ch 4 Ch 12 4.2, 4.6, 4.8, 4.12, 4.14 Ch 3 Page 6 of 13 Suggested end-of-chapter problems