MBA 513

Applied Business Models

MBA 513

Applied Business ModelsOperations Management

Operations Management as a Function

InputsTransformation

Processes(Adding value)

Outputs

Operations Management is…

“The … design, direction and control of processes that transform inputs into outputs … for … customers.”

Course Description(I) Using Operations to Compete

– Operations as a Competitive Weapon– Decision Making– Operations Strategy– Project Management

(II) Managing Processes – Process Strategy– Process Analysis– Simulation– Process Performance & Quality– Constraint Management– Waiting Lines– Process Layout

Course Description• How to obtain information from data

– Recall data collection techniques & data description methods, etc. from MBA 512

• How to build models for making decisions – Decision Making– Simulation– Process Monitoring/Quality– Constraint Management– Waiting Lines

• Presentation & Discussion of Business Models– Data summaries and presentation, – Presenting, drawing conclusions and making

recommendations using business models

Course Assignments• Homework Assignments (4) 50 points

each• 2 Project Presentations 250 points

– 1 Conceptual Project 100 points– 1 Quantitative Project 150 points

Course Assignments• Homework Assignments (4) 50 points each• 2 Chapter presentations 250 points

– 1 Conceptual Project 100 points– 1 Quantitative Project 150 points

The projects/presentations are group assignments ( no more than 3 people)

Homework assignments are to be done individually

We will select groups & chapter assignments at the break…

Tentative Course Schedule