DIS 300-010: Quantitative Analysis in Operations Management
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Instructor: Anita Lee-Post |
Semester: Fall, 2000 |
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Class Room: BE 215 |
Class Time: 9:30-10:45am TR |
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Office Room: BE 455F |
Office Hours: 10:45am-noon TR |
HOMEPAGE:
http://www.uky.edu/~dsianita/300
TEXT:
R.B. Chase, N.J. Aquilano, and F.R. Jacobs, Operations Management for Competitive Advantage, 9th Edition, Irwin McGraw-Hill, 2001, ISBN: 0-07-239530-3.
SOFTWARE:
Excel 2000, available in the university’s microlabs.
OBJECTIVES:
Production and Operations Management (POM) is concerned with the economical use of inputs (human, capital, and material) in a transformation process that results in goods or services. It involves making decisions on how to best design and operate a production system. The term "production system" includes not only organizations that manufacture products but also those that offer services, such as hospitals, banks, government agencies, and restaurants. Thus, any organization that transforms inputs into outputs is subject to POM concepts. Our concern is for the managerial aspects of POM problems and not the engineering nor the technical feasibility of the process. This managerial emphasis takes the form of economic analyses of these alternatives, including statements of criteria, information requirements, and mathematical aids for solutions.
GRADING:
There will be two mid-term exams, exam #1 and exam #2, and one cumulative final examination. Exams #1 and #2 will each count as 28% of your grade and the cumulative final will count as 40%. The remaining 4% is for class participation. The dates for the exams are listed in the Tentative Course Coverage Section of this Syllabus..
MAKE-UPS:
In instances where you fail to take either of exams #1 or #2 when scheduled, the final exam will also serve as a make-up exam. Please see the "Student Rights and Responsibilities" handbook concerning circumstances that count as "excused absences". For example, if you miss exam #1, your final exam will carry a weight of 30% + 35% = 65% of your course grade. We strongly recommend that you do not miss your final exam schedule. In case you must, your reasons for the same must, again, fall strictly within the "excused absences" guidelines set forth in the handbook. If the absence is foreseeable, please inform your instructor well in advance (i.e., at least two weeks beforehand).
ACADEMIC INTEGRITY:
We consider academic integrity to be extremely important. We will make special efforts to identify any cheating during examinations. We will seek the most severe sanctions possible for any cheating that is uncovered. Please consult the most recent edition of the "Student Rights and Responsibilities" handbook for further information on Academic Offenses and Procedures.
HOMEWORK:
It is necessary that you keep current with the work and to solve as many problems as possible on your own. To help you in choosing problems for practice, a list of suggested problems drawn from your text is attached. Your instructor may choose to add problems to those listed at his/her discretion. However, this is not meant to be an exhaustive list and it is your responsibility to tailor the extent of practice based on your skill level. A solution manual is on reserve in the library. Unfortunately it contains several errors. We are trying to identify and correct them, but it will take some time and we will probably miss some of them. Please note that the practice problems will be collected by the instructor and counted towards your class participation score.
TENTATIVE COURSE COVERAGE AND EXAM DATES
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DATE |
TOPIC |
CHAPTERS |
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8/24 |
Introduction to POM and Operations Strategy |
1, 2 |
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8/29-9/7 |
Decision Making Models (LP) |
Supplement A |
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9/12 |
Transportation Models |
9 (Tech. Note) |
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9/14-9/19 |
Excel(at BEIC) |
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9/21 |
Sensitivity
Analysis |
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9/26 |
EXAM #1 |
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9/28-10/3 |
Capacity Planning |
9 |
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10/5-10/10 |
Process Selection |
5, Supplement B |
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10/12-10/19 |
Forecasting |
11 |
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10/24-10/26 |
Excel (at BEIC) |
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10/31 |
EXAM #2 |
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11/2-11/16 |
Inventory Management |
13 |
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11/21-11/28 |
Scheduling |
15 |
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11/30-12/7 |
Project Management |
3 |
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12/14 |
Comprehensive FINAL EXAM at 8am |
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SUGGESTED PRACTICE PROBLEMS
Please remember that you must practise with a large problem set to do well in a quantitative course. A sample of practice problems is given below. If, after trying hard to solve a problem, you are still experiencing difficulties, please ask your instructor.
In addition to these suggested
problems, you should at least review all of the "review and discussion
questions" and "Practice Exam." at the end of each chapter as
well as read and understand all cases (if any) in each chapter. Note
that some of the problems require the use of Excel.
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Chapter |
Problems |
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Supp.A |
1, 2, 4, 5, 6, 7 |
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9(Tech.Note) |
3, 4 |
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9 |
5, 6 |
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5 |
6, 7, 8, 9, 10 |
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11 |
2, 3, 9, 11, 17 6, 12, 13, 15 |
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13 |
13, 27 1, 7, 12, 26 |
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15 |
1, 2, 5, 13 3, 9, 12, 14 |
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3 |
1, 2, 3, 4, 6, 9 |