OPSM 301 Operations Management

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Koç University College of Administrative Sciences and Economics

OPSM 301 Operations Management

Tentative Syllabus for Spring 2012

Instructor: Dr. Evrim Didem Güneş (egunes@ku.edu.tr)

Class Time and Location: Section 1: Tuesday- Thursday 9:30

Section 2: Tuesday- Thursday 11:00

Section 3: Tuesday- Thursday 14:00

Office:

Office Hours:

Phone:

Teaching Assistant:

CAS 247

Tuesday, Thursday 15:30-16:30 or by appointment

(212) 338 1545

TBA

Office Hours of TAs:

Office Location of TAs:

URL for OPSM 301:

TBA

TBA http://home.ku.edu.tr/~egunes/opsm301

COURSE GOALS

Operations Management (OM) is concerned with the transformation process that takes inputs and converts them into

outputs, together with the various support functions closely associated with this basic task. In other words, OM studies how organizations “actually do things.”

The operations function of a firm is responsible for producing the goods or providing the services that the firm sells in the market place. Some organizations produce physical items such as furniture, building materials or automobiles, while others provide services such as medical care, banking facilities or retail sales outlets. In order to produce or provide these items and services to a required quality level, at an appropriate time and within acceptable financial constraints, organizations create a number of functions that are essential to the buying, producing and selling activities, which underpin their existence. One key function is operations.

As recent experience has shown in global markets, significant competitive advantages accrue to those firms capable of producing quality goods and services efficiently. For this reason, the careful design and management of the production or service delivery process is of primary importance for the long-term success/survival of a firm.

The goals of this course will be

 to develop an understanding of the relevance of the operations function to the competitiveness of a firm,

 to study various production and service delivery processes,

 to develop a basic understanding of quantitative tools in Operations Management,

 to equip students with knowledge and analytical skills necessary to continually improve operations.

COURSE MATERIAL/TEXTBOOK

The textbook for this course is Managing Business Process Flows: Principles of Operations Management

Second Edition (Prentice Hall), by Anupindi, Chopra, Desmukh,van Mieghem, Zemel. Additional teaching

[Type text]

Koç University College of Administrative Sciences and Economics notes and copies of slides used during the lectures will be provided to the students through the home page of the course. An additional course package that contains the cases to be discussed/assigned in this course will be available at the Xerox Center. Some other cases will be distributed during the semester.

INSTRUCTIONAL METHODS

Class time will be devoted to lectures concerning important concepts and issues. All students are required to be present in all sessions (unexcused absences may affect your grade) and to have completed the assigned readings prior to the associated class sessions to ensure effective participation in discussions. Students are encouraged to work in study groups; however each student is expected to present his/her own analysis and perspective in class.

OFFICE HOURS:

GRADING

There will be two exams in which students will have the opportunity to demonstrate in writing how well they have grasped the material covered in this course. The midterm will account for 25% of the course grade. The final exam will be comprehensive and will account for 35% of the course grade. Students will work on three assignments, which will account for 15 % of the total grade. Apart from the group assignments, there will be regular quizzes based on material from the basic modules. The class participation grade will be determined based on contribution to in-class exercises and discussion, as well as attendance.

Class Participation

Quizzes

Assignments

Midterm

Final Exam

Total

10 %

15 % (3x5%)

15 % (3x5%)

25 %

35 %

100%

MISCELLANEOUS RULES OF CONDUCT

Deadlines: No homework will be accepted late. All assignments are due in class on the day for which they are assigned.

Make-up policy: If there is a legitimate excuse for absence in the mid-term or the final, the make-up will be on the announced date by the registrar, and it will be comprehensive.

Quizzes: There will be more than three quizzes, the ones with the highest grades will be counted. If a quiz is missed for a legitimate reason, students should make sure to catch other quizzes, as there won’t be extra make-ups for quizzes.

Course web site: Will be updated regularly. Students should check the website every week for the announcements as well as the lecture notes and exercises and other supplementary material. Homework assignments will also be posted on the website.

Working groups: For the assignments, students can work individually or as a group of 2 students.

Class Participation Grade: Participation in class activities and attendance will be recorded and will form a basis for the participation grade. Occasionally individual short assignments will be given to count towards participation grade.

Koç University College of Administrative Sciences and Economics

ACADEMIC HONESTY

Honesty and trust are important to all of us as individuals. Students and faculty adhere to the following principles of academic honesty at Koç University:

1.

Individual accountability for all individual work, written or oral. Copying from others or providing answers or information, written or oral, to others is cheating. You may discuss and get help from fellow students about a homework question, but you are expected to write down the final solution on your own, without copying from someone else’s paper. Cheating for homework assignments will be punished by zero point for both sides in the collusion (one who gives the solution as well as one who copies) for a first time.

2.

Providing proper acknowledgment of original author. Copying from another student's paper or from another text without written acknowledgment is plagiarism.

3.

Study or project group activity is effective and authorized teamwork. Unauthorized help from another person or having someone else write one's paper or assignment is collusion.

Cheating, plagiarism, and collusion are serious offenses resulting in an F grade and disciplinary action.

Koç University

TENTATIVE COURSE SCHEDULE

College of Administrative Sciences and Economics

Week Module

1-2 Introduction

What is Operations

Management?

Operations Strategy and Its Link to Process

Readings

Chapter 1

Chapter 2

Case

Design

3-5 The Process View

Business Process Flows

Process Analysis

Chapter 3-4-5 - Kristen’s Cookie

Company (A)individual class participation assignment

-Case: Benihana of

Tokyo

5-6 Optimal Resource Allocation: Introduction to

Linear Programming

Linear Programming formulations

Using Excel Solver

7-8 Supply Chain Management and Inventory

Analysis

9-10 Managing Flow Variability

11-12 Lean Operations

13-14 One-time Processes-Project Management

Project Management basics

Introduction to Microsoft Project

Chapter 6-7

Chapter 8-9

Chapter 10

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