Project Management

Course Description

Introduction – Description of Production Systems. Demand Forecasting. Presentation of the Modern Supply Chain and its Coordination. Quantitative and Temporal Production Planning. Inventory Management and Replenishment Policies. Determination of Optimal Production or Order Quantity. Pricing and Revenue Management. Discount Planning. Decision-Making Processes under Uncertainty.

Learning Outcomes

Upon completion of this course, students will be able to:

• Understand the scope, tasks, “building blocks” of Operations Management, and its international dimension. Analyse how organizations function from a process perspective of interconnected tasks and activities that often span geographical borders,
• Understand, apply, analyse, and evaluate a variety of qualitative and quantitative tools and methods used to address and solve operations, process and supply chain problems and inform decision-making in support of the strategic priorities of an organization,
• Analyse and appraise how operations impact on competitiveness, productivity, and strategy in organizations with both local and global presence,
• Evaluate state-of-the art operations concepts and strategies with the objective to develop strategic recommendations for improving operations and design appropriate supply chain strategies for products/services with distinct characteristics of demand and supply.