-BUS 172a Operations Management COURSE SYLLABUS (SUBJECT TO CHANGE, ALWAYS CONSULT LATTE FOR THE MOST UP-TO-DATE VERSION OF THE SYLLABUS) Fall 2015 Class Hours: Monday and Wednesday 8:30 am – 9:50 am Location: TBD Anita L. Tucker, DBA Associate Professor of Operations Management Office Hours: Monday 2:00 pm – 4:00 pm I am happy to meet with you on other days and times, just send me an email request. Sachar 215 781-736-8542 (office phone) atucker@brandeis.edu Teaching Assistant: Simon Romano simonrom@brandeis.edu Office Hours and Location TBD 1 Revision date: August 21, 2015 COURSE DESCRIPTION Overview Operations Management is central to value creation in organizations. It is the scientific study and optimization of the processes that organizations use to create the products/services purchased by their customers. To be successful, organizations must have reliable processes that are aligned with their strategic positioning. They also must effectively design and manage their supply chain. By taking this course you will gain the knowledge and skills to assess the efficiency of organizations’ operations and make informed recommendations for improvement. The topics that we will cover include: forecasting demand, project management, sales and operations planning, quality management, lean production, inventory management and supply chain coordination. Learning Goals In this course, you will learn the fundamentals of operations management. By the end of the course you will: Be able to apply the vocabulary, tools, and formulas used to analyze processes. Quantify the impact of variability on system performance, and determine strategies for reducing variability’s negative impact on performance. Be able to identify opportunities for improving the performance of operating systems, and know a variety of approaches to improvement (e.g., lean) Understand techniques used to determine inventory levels and manage supply chains. Understand how to manage supply and demand, and techniques for handling imbalances between the two (e.g, delayed differentiation, flexible capacity). Teaching Methods The focus of the course will be on learning and applying fundamental operations management principles and techniques. In our classes, we will use a variety of formats to deepen our understanding including lectures, case study discussions and hands-on exercises. We will apply what we learned in homework assignments and exams. Course Prerequisites: BUS 1b and BUS 10a Materials This course will use the following book, which is required: Operations and Supply Chain Management: The Core. F. Robert Jacobs and Richard B. Chase. 3rd edition. 2013. McGraw-Hill Irwin. ISBN 978-0-07-352523-5 The book may be purchased from Amazon.com, the Brandeis bookstore or any other bookseller that carries it. There is also an online version of the textbook available. 2 There is an optional online program called “Connect” which is a homework website that enables you to get instant feedback on whether your answers to the end-of-chapter textbook problems are correct or not. If your answer is incorrect, it gives you hints for where to look in the textbook to learn how to do the problem correctly. Connect can be purchased in combination with the online textbook. To register for this go to this webpage https://connect.mheducation.com/class/a-tucker-fall-2015-2 You will also need to purchase two course packs from Harvard Business Press to obtain the cases for the course. The first course pack contains the cases for the first week of class, while the second contains the cases for the remainder of our course. First case pack: https://cb.hbsp.harvard.edu/cbmp/access/37045827 Second case pack: (You do not need to purchase the optional audio packs) https://cb.hbsp.harvard.edu/cbmp/access/38769920 Grading: Grades are based on several components. Class Participation (20%). Class participation is determined by your preparation and active engagement during class. Class attendance is required. If you are unable to attend class, please let me know in advance, if possible, including the reason you are unable to attend. You will not be penalized for one absence, but any unexcused absences beyond that will hurt your grade. For class discussion, you are expected to actively listen, respond to questions, express your viewpoints, and respond to comments from your fellow students. I will keep a record of class participation for each student and assign a grade based on your non-verbal participation and the quality and quantity of in-class comments. Attendance without participation will result in a C+ participation grade (assuming there is no more than one absence). High quality (e.g., contributing analysis, synthesis) participation for most classes will be an A. Consistent, although not always breakthrough participation will be a B. We often use computers during class to go over problems. You will need to install the data analysis toolpak and Excel “solver” on your laptop. Homework Assignments (30%) Assignments should be turned in via Latte, preferably in excel. Late assignments will be accepted, but 50% of the score will be deducted if it is a week or more late (unless there are extenuating circumstances such as illness or death of a close family member). Assignments are due at the beginning of class. Your submission must be your own, but you can work with other students while doing the homework. You may not utilize any prior work or notes that may be available either in hard copy or on line by previous students of my class, or available more 3 generally. I realize that sometimes there are solutions available online for cases, but if you copy these, it will be considered plagiarism and you will receive a zero on that assignment. To complete your homework, you will need Microsoft Excel. Please install two add-ins: the Data Analysis ToolPak and Solver. Exams (50%) Exams are mandatory and may not be rescheduled. They are open book, open notes. Communication We will use Latte for posting course slides and for class announcements. Email usually is the best way to reach me besides coming to my office hours. Special Accommodation If you are a student with a documented disability on record at Brandeis University and wish to have a reasonable accommodation made for you in this class, please see me immediately. Academic Integrity It is your responsibility to be familiar with and to follow the University’s policies on academic integrity. You are expected to be honest in all of your academic work. Examples of behaviors I will consider dishonest include finding and using online solutions to cases and exercises, looking at notes and assignments from students previously enrolled in the course or similar courses that have the same content taught by other instructors, copying solutions from current students, communicating with and or copying other student’s materials during quizzes and tests. Please consult Brandeis University Rights and Responsibilities for all policies and procedures related to academic integrity. Students are required to submit work to TurnItIn.com software to verify originality. Allegations of alleged academic dishonesty will be forwarded to leadership at IBS, as well as the Director of Academic Integrity. Sanctions for academic dishonesty can include a failing grade on the assignment, a failing grade on the course, and/or suspension from the university. Citation and research assistance can be found at LTS - Library guides (see http://www.brandeis.edu/global/current-students/academic/integrity/index.html). 4 Syllabus for Bus 172a Date 8/31/2015 Day M Class # 1 Topic Introduction 9/2/2015 W 2 9/7/2015 9/9/2015 M W 3 9/10/2015 Thu (M sch) 4 Operations Strategy and Performance Measures NO CLASS Forecasting (Time series forecasting models, accuracy of forecasts) Forecasting 9/14/2015 9/16/2015 M W 5 9/21/2015 M 6 NO CLASS Sales and Operations Planning Process Capacity 9/23/2015 9/28/2015 9/29/2015 W M Tu (M sch) 7 NO CLASS NO CLASS Process Capacity 9/30/2015 W 8 Process Capacity 10/5/2015 M Material Case Study: Li and Fung: 2012 (HBS case 312-102) Chapter 1 Case Study: American Connector (HBS case 693-035) Chapter 2 Assignment Due Read the case before class and prepare discussion questions posted on Latte Read Chapter 1 before class Read the case and be prepared to discuss the questions posted on Latte Chapter 3 Forecasting Read the chapter before class, and the article on Apple which provides an example of companies using forecasting. Chapter 3 Problems 2, 3, 4 (available on Connect) Use excel solver Chapter 8 Chapter 4 Chapter 3 Problems 12, 16, 22, 23 (available on Connect) AE1: Developing an Aggregate Plan for Bradford Manufacturing (Pages 270-271). See Latte for more details Process Analysis: 8007 Little’s Law Capacity in Serial Production Line type settings with single or multiple resources Case: Our Daily Bread UV3497-PDF-ENG Read the note on process analysis NO CLASS 5 Read the case before class and prepare discussion questions posted on Latte 10/7/2015 W 9 Material Requirements Planning 10/12/2015 10/14/2015 10/19/2015 M W M 10 11 12 Review Exam 1 Statistics Review 10/21/2015 W 13 Quality Management 10/26/2015 M 14 Six-Sigma 10/28/2015 11/2/2015 W M 15 16 Project Management Project Management Chapter 10 Process Capability, Statistical Quality Control Chapter 10 Case: Ritz Carlton (ColumbiaCU09) Chapter 5 Chapter 5 11/4/2015 W 17 Lean Manufacturing Toyota Case (693-019) 11/9/2015 M 18 11/11/2015 W 19 11/16/2015 M 20 Lean Production Exercise Waiting Time in Service Settings Inventory Management: Single Period Inventory Model 11/18/2015 W 21 11/23/2015 M 22 11/25/2015 11/30/2015 W M 23 Safety and Cycle Stock Calculations Inventory Management No Class Strategy, Sourcing and Purchasing Chapter 9 Read the Brunswick Motors case, we will complete the exercise in class. Chapter 9 Problems: 2, 4, 5, 7 Read the case and prepare the discussion questions. Chapter 10 Problems: 1, 3, 4, 8, 9, 11, 12 Guest Lecturer: Steve Devaux Chapter 5 Problems: 1, 2, 3, 4, 5, 11, 13 (Potential) Guest Speaker NOTE LOCATION: Hassenfeld Luria Chapter 7 CT Chapter 11 Homework problems: CT 6.1, 6.2, 7.3 Case: Scientific Glass (4208) Chapter 11 Problems: 1, 2, 8-17 Chapter 13 Efficient and Responsive supply chains, the bullwhip effect Larry Strauss Tentative Guest Speaker 6 12/2/2015 W 24 Supply Chain Case: Barilla (694-046) 12/7/2015 M 25 Location, Logistics and Distribution Chapter 14 (pages 460-469) 12/9/2015 TBD Dec 11-18 W 26 Review for Exam Final Exam 7 AE: Global Sourcing Decision. Prepare a short write-up or powerpoint slides that summarizes your answers to the questions at the end of the case. Submit your write up via latte Chapter 14 Problems: 3, 4, 5