OPERATIONS MANAGEMENT

In this course students are taught general knowledge from the fields of management functions and systems (Operation Management). The course mainly deals with decisions and problems that occur in the factory premises. Specifically, the course focuses on production issues (eg productivity) together with financial and spatial analysis. Students gain knowledge to achieve economical decisions (eg investment) while specializing in solving transport problems and balancing the production line, A series of exercises solved during the course to understand the individual parts of the theoretical course and the combination thereof.

Objectives

The goal of the course is to study the issues concerning designing and operating an enterprise. Methods for preparing basic decisions on location strategy, organization of production means and methods, organizational structure strategy as well as production planning, assembly line balancing, job design and supply-chain management are presented and analyzed.

Prerequisites

Students must have basic knowledge of operational research and statistics.

Syllabus

Process strategy and capacity planning – strategies, equipment capacity, Break-Even analysis and evaluation of investmentsLocation strategy – location selection, methods of factor-rating and minimizing transportation cost, transportation modelLayout strategyHuman resources and Job design – staffing, work measurement and samplingSupply-chain management – vertical integration, inventory management and just-in-time systemsOrganizational structure strategy