29:623:311:10 Production and Operations Management (Spring 2008) Instructor: Yao Zhao Office: Ackerson Hall 3rd floor, Rm. 300i Email: yaozhao@andromeda.rutgers.edu Tel: 973-353-5017 Office Hours: By appointment TA: Adam Fleischhacker Office: Ackerson 3rd floor Email: adam_fleischhacker@yahoo.com Office Hours: Wednesdays 1:30-3:30pm Lecture: Wednesdays 5:30 – 8:20 PM HIL-107 Prerequisite: Management Information Systems (29:623:220), Statistical Methods (62:220:231) or equivalent. Texts: Jay Heizer & Barry Render, Production and Operations Management, 9th edition, published by Prentice Hall. (ISBN 013185755X) Course Website: https://blackboard.newark.rutgers.edu/webapps/portal/frameset.jsp (please check Blackboard at least twice a week) Course Description and Goals: This course is intended to provide the students greater understanding of the problems and analysis related to the design, planning, control and improvement of manufacturing and service operations. We develop managerial insights and tools for forecasting, controlling production and inventory, product design, project management, supply chain management and service operations management through quantitative techniques. We illustrate these concepts by combining theory, examples and practical applications. Grade: Class Attendance 10%, Homework 10%, Project 30%, Midterm 50% (25% each). Attendance: Attendance is required. 10% of your total grades will depend on class attendance. If you miss a total of 3 or more classes during the semester, you will have to see the professor and explain the reason for missing classes. If sufficient reason is not found, a FAIL grade would be given. Students must attend classes on time. The students are responsible for any material covered during their absence. The students are expected to read the material to be discussed in class before coming to the class. Homework/Case Studies: Homework problems will be assigned every week on Saturday. They are to be handed in on the next Saturday IN CLASS. There is NO CREDIT for late homework. We will not grade the homework in detail since the answers are in the back of the book or will be given on Blackboard. However, you will not receive credit for problems where insufficient work is shown (For instance, if you finish two of total four questions in a homework set, then you will receive half of the total points of the homework set). You are encouraged to work with your classmates, but you should write up your answers alone. On your write-up, list the names of the students you worked with. No type-in is required. Project: Students are expected to form teams, with at most four members, to analyze a project of the real-world, collect the data, perform analysis and make conclusions. The grade for the project is based on (1) how interesting/realistic/useful the problem is, (2) the group presentation, and (3) how you apply what we learned in this course. Every team should work independently. Exams: The exams will be closed-book, closed-notes. You may bring an 8.5x11-inch (two-sided) “crib sheet” to the exams. You shall prepare the sheet by yourself and cannot xerox others. It is very helpful if you can bring a calculator. There will be two in-class midterms. The second midterm is NOT cumulative. Midterm questions are similar to homework questions and there are NO multiple choice and concept questions. We will go over homework solutions in a review session before each midterm. POM Course Weekly Schedule – Spring 2008 (This is a tentative schedule and is subject to change) Week Dates Material to be covered rd 1 January 23 2 January 30th 3 February 6th 4 February 13th 5 February 20th 6 February 27th 7 March 5th 8 9 March 12th March 26th 10 April 2nd 11 April 9th 12 April 16th 13 April 23rd 14 15 April 30th May 7th Class policy & An Introduction to Operations Management Chapter 1 Forecasting Models, Chapter 4 Homework 1 assigned Inventory Management I, Chapter 12 Homework 1 due, Homework 2 assigned Inventory Management II, Chapter 12 & CRS Case Homework 2 due, Homework 3 assigned (HW review 1) Supply Chain Management I: Production Planning – Linear Programming Modeling & Solution. Chapter 13 & Module B Homework 3 due, Homework 4 assigned Supply Chain Management II: Logistics & Distribution Mgmt. Chapters 8, 11 & Module C Homework 4 due, Homework 5 assigned Project proposal presentation Midterm Review (HW review 2) Homework 5 due Midterm One Supply Chain Management III: Procurement, Sourcing & Supply Mgmt. Chapter 11 Project Management I, Chapter 3 Homework 6 assigned Project Management II, Chapter 3 Homework 6 due, Homework 7 assigned Decision Tree, Product Development/launch, Chapter 5 & Module A Homework 7 due, Homework 8 assigned Service Operations & Simulation, Chapter 15 Midterm Review, Homework 8 due Project Presentation Midterm Two