15 761 - Introduction to Operations Management

Institution:

Massachusetts Institute of Technology

Subject:

Description:

In-depth introduction to the fundamental concepts and techniques related to the design, planning, control, and improvement of strategic, operational and tactical execution capabilities of business environments in various application domains, including manufacturing and service operations. Covers a broad range of applications and industries, such as high-tech, financial services, insurance, automotive, health care, leisure, fashion, and retail. Special emphasis on the effects of uncertainty on strategic and operational decision-making and to the interplay between high-level financial objectives and low-level operational guidelines. Topics include process description, flow diagrams, capacity analysis, capacity ROI, cycle time analysis, inventory management, delayed postponement, production control, risk pooling, quality management, process design and revenue management. Summer section is primarily for Leaders for Global Operations students.

Credits:

4.00

Credit Hours:

Prerequisites:

Prereq: 15.060, 6.041, or permission of instructor

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

web.mit.edu/student/

Phone Number:

(617) 253-1000

Regional Accreditation:

New England Association of Schools and Colleges

Calendar System:

Four-one-four plan

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