Full-Time / Part-Time MBA
Operations Management (OPNS-430-0) This course counts toward the following majors:Operations.
Operations management is the management of business processes--that is, the management of the recurring activities of a firm. This course aims to familiarize students with the problems and issues confronting operations managers, and to provide the language, concepts, insights and tools to deal with these issues to gain competitive advantage through operations. We examine how different business strategies require different business processes and how different operational capabilities allow and support different strategies to gain competitive advantage. A process view of operations is used to analyze different key operational dimensions such as capacity management, cycle time management, supply chain and logistics management, and quality management. Finally, we connect to recent developments such as lean or world-class manufacturing, just-in-time operations, time-based competition and business re-engineering.
Analytical Decision Modeling (OPNS-450-0)
This course counts toward the following majors: Decision Sciences, Managerial Analytics, Operations.
This course focuses on structuring, analyzing and solving managerial decision problems on Excel spreadsheets. We address problems of resource allocation (how to use available resources optimally), risk analysis (how to simulate the effects of uncertainty in problem parameters), decision analysis (how to analyze sequential decisions involving uncertainty), data analysis (how to synthesize the available data into useful information) and forecasting (how to extrapolate past observations into the future). In each area, we pose specific problems from operations, finance and marketing, structure them on Excel spreadsheets, and analyze and solve them using the available Excel commands, tools and add-ins. The course involves a hands-on, in-class learning experience in modeling and analyzing a variety of business decision problems on a common spreadsheet platform. It should, therefore, enhance one's problem-solving capabilities as well as spreadsheet skills. A good working knowledge of Microsoft Excel is required. Prerequisites: OPNS-430 and FINC-430/FINC-440. May be taken concurrently.
Doctoral
Queueing Networks: Performance Analysis (OPNS-522-0) The course is to introduce the basic methods that are often used for analyzing performance in queueing network models. The students will learn how to characterize various queueing performance measures and apply to managerial decision making. Students should have familiarity with Markov process.