MBA 513 Applied Business Models

MBA 513 Applied Business Models Operations Management

Operations Management as a Function

Inputs Transformation 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 Presentations250 points –1 Conceptual Project100 points –1 Quantitative Project150 points

Course Assignments Homework Assignments (4)50 points each 2 Chapter presentations250 points –1 Conceptual Project100 points –1 Quantitative Project150 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