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Dec 21, 2024
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EMBA 609/5609 - Managerial Decision Making and Operation Management (2 cr.)
Description
This module introduces operation from the general managers’ point of view rather than operation specialist. It approaches the integration, efficiency and effectiveness of managerial functions in support of development of the organization’s strategic goals, improving business decisions and achieving competitive advantage. It discusses operating systems: production process, process design and flow analysis, inventory concepts and models, time-to-market and responsiveness, project management, effects of uncertainty and waiting lines in producing an organization’s products and services. It focuses on quality management and statistical quality controls, as well as recent process-improvement ideas. Case studies are used to highlight central issues.
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