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Analytics in Operations Management

  • Teacher(s):   V.Lurkin  
  • Course given in: English
  • ECTS Credits: 3 credits
  • Schedule: Spring Semester 2022-2023, 2.0h. course (weekly average)
  •  sessions
  • site web du cours course website
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Objectives

This master course focuses on the application of analytical methods to study and analzye operations management problems.

In this course, we will cover problems that arise because of a mismatch between demand and supply, with respect to their timing and/or their quantities.

At the end of the course, students are expected to:

  • Understand how and when analytical methods can be applied to solve operations management problems.
  • Understand the mathematical modeling behind these problems.
  • Solve these models using various operations management tools.
  • Analyze the results and draw lessons for the operational management perspective.

The course is given in Anthropole 3077 on Tuesday morning from 8:30 to 12:00 during the last 7 weeks of the semester.

Each session starts with a lecture of around 1:30/2h and is followed by a lab session of 1:30/2h.

Students need to bring their computer to class.

Contents

The course is organized around the following OM topics:

- Deterministic inventory problems

- Stochastic inventory problems

- Scheduling on a single machine

- Scheduling on a parallel machine

- Job shop scheduling

- Batch scheduling

References

The 4th Edition of Matching Supply with Demand: An Introduction to Operations Management by Gerard Cachon and Christian Terwiesch.

Pre-requisites

The optimization and operations management courses from the bachelor program.

Experience with programming is needed.

https://developers.google.com/optimization

Evaluation

First attempt

Exam:
Written 1 hours
Documentation:
Not allowed
Calculator:
Allowed
Evaluation:

A written exam accouting for 30% of the grade will be organized during the last week of the semester. For the remaining 70%, students will have to work in groups on a project.

Retake

Exam:
Written 1 hours
Documentation:
Not allowed
Calculator:
Allowed
Evaluation:

The students who failed (<4) will have to redo a written exam and work (in groups if possible) on a new project.



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