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Operations Management Study Guide

A core undergraduate operations management course: operations strategy, process design and analysis, capacity planning, quality management (TQM, Six Sigma), inventory management, supply chain management, project management, forecasting, aggregate planning, and lean operations.

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12 Topics Covered

1

Operations Strategy and Competitiveness

Covers operations as competitive advantage, order winners/qualifiers, trade-offs, and product-process matrix for strategic alignment.

2

Process Design and Analysis

Examines process types, flow diagrams, Little's Law, bottleneck analysis, cycle time, throughput, and utilization calculations.

3

Capacity Planning and Decision Analysis

Covers capacity strategies, break-even analysis, decision trees, learning curves, and economies of scale for expansion decisions.

4

Forecasting Methods

Teaches time series methods, exponential smoothing, regression, seasonality adjustments, and forecast accuracy metrics like MAD and MAPE.

5

Aggregate Planning

Explores chase, level, and mixed strategies with cost analysis, linear programming formulation, and master production scheduling.

6

Inventory Management

Covers EOQ model, reorder points, safety stock, ABC analysis, and newsvendor model for optimal inventory decisions.

7

Quality Management and Statistical Process Control

Examines TQM principles, control charts, process capability indices, Six Sigma DMAIC methodology, and cost of quality.

8

Supply Chain Management

Covers supply chain strategy, bullwhip effect, supplier selection, logistics, distribution strategies, and risk management fundamentals.

9

Lean Operations and Continuous Improvement

Teaches Toyota Production System, seven wastes, JIT, kanban, value stream mapping, kaizen, and SMED concepts.

10

Project Management

Covers WBS, network diagrams, CPM critical path calculations, PERT analysis, project crashing, and Gantt chart applications.

11

Service Operations Management

Examines service design, customer contact theory, service blueprinting, queuing concepts, and service quality measurement frameworks.

12

Integrated Operations and Emerging Topics

Synthesizes all concepts through comprehensive case analysis, sustainability considerations, digital transformation, and global operations challenges.

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