GRA 6754 Operations 2
GRA 6754 Operations 2
In this course, the students will learn key models, methods and strategies for operations management and how to apply them.
- Understand the basic trade-offs in supply network design and supply chain planning.
- Understand how the use of LP and MIP models can reduce sub-optimization in such systems.
- Understand how service time variability can affect a process.
- Understand how risk pooling strategies can help to reduce risk.
- Be able to formulate, use and solve the most basic LP and MIP based models for supply network design and supply chain planning using a standard solver.
- Be able to analyse and compare different alternatives in supply network design and supply chain planning.
- Be able to measure variability of a process and analyse an arrival process.
- Be able to predict average waiting times for simple cases.
- Be able to estimate throughput loss for a queue with one single resource.
- Be able to estimate the effects of using risk pooling strategies.
- Be able to use different models and methods in scheduling of tasks and activities.
- To make customized optimization models for supply chain network design and capacity/demand allocation
- To compare different supply chain solutions through multiple periods taking into account the time value of money and different possibilities in uncertain conditions
- To find suitable risk pooling solutions to cope with uncertainty and risk in supply chains
- To evaluate performance measures in queuing systems
- To find optimal or good enough sequence and time table of tasks in operational planning
- To model and analyse projects by finding critical paths, calculating slack times and other network analyses
- Supply Chain Network Design
- Supply Chain Planning
- Linear Programming and Mixed Integer Programming Models
- Variability and its Impact on Process Performance
- Waiting lines
- Risk Pooling Strategies
There will be optional evalutions of test assignments.
Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class that is not included on the course homepage/It's learning or text book.
All courses in the Masters programme will assume that students have fulfilled the admission requirements for the programme. In addition, courses in second, third and/or fourth semester can have specific prerequisites and will assume that students have followed normal study progression. For double degree and exchange students, please note that equivalent courses are accepted.
GRA 6753 Operations 1 or equivalent
|Exam category||Weight||Invigilation||Duration||Support materials||Grouping||Comment exam|
Form of assessment:
Internal and external examiner
Examination when next scheduled course
|100||Yes||5 Hour(s)||Individual||Written examination with supervision|
|Form of assessment:||Written submission|
|Support materials:|| |
|Comment:||Written examination with supervision|
|Resit:||Examination when next scheduled course|
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.