Learning outcomes

This course provides a general introduction to operations management. Operations Management studies the process by which inputs of materials, labor, capital and information are transformed into products and services which the consumers are willing to pay for. These processes can be managed well or poorly. Knowledge introduced in this course will help you understand the reasons for both.

 

Goals

The main objective of this course is to introduce tools and techniques that are needed to understand operations and supply chain processes and to provide students with the ability to analyze and continuously improve these processes.

Content

Introduction: definition of production and operations management, classification of productive systems, type of decisions.

  • Part 1: operational decisions, namely the day-to-day management of production at the level of a workshop: scheduling in specialized workshops, inventory management by order point, calendar inventory management;

  • Part 2: tactical decisions, namely management of the production level at the level of a production center: planning of component requirements, just-in-time method;

  • Part 3: strategic decisions, i.e. decisions that relate to the company's long-term strategy: project management (for the launch of a new product or the construction of a new factory), design of a new factory (location, capacity decision, organization of production).

  • Part 4: Logistics for the company, namely the management of external flows (transport) and the management of internal flows of the company (stock management and production planning).

Table of contents

  1. Introduction to Operations Management

  2. Scheduling in specialized workshops

  3. Inventory management by order point

  4. Calendar inventory management

  5. Material Requirement Planification

  6. Dynamic programming

  7. Just-in-time

  8. Project management

  9. Configuration of a center of production

  10. Choice of capacity in the uncertain

  11. Locations of production activities

  12. Using Excel's Solver to Solve Production Problems and Interpreting the Solution

  13. Definition of Logistics

  14. Transportation

  15. Minimum Cost Flow problem

  16. Calendar-Based Inventory Management (Discrete Demand)

  17. Reorder Point Inventory Management (Random Demand Case)

  18. Capacity adjustment.

Exercices

At the end of each chapter of the syllabus, statements of application exercises are offered to students. An example of a solution will be presented at the end of each course and students are invited to solve the other exercises on their own, the solutions of which will subsequently be communicated on WebCampus.

Students will form groups to carry out group work applying the models and methods seen in the course. The work will be graded and will count for 25% of the final grade.

 

Co-requisites

Probability and Mathematical Statistics [ECGEB252]

Teaching methods

The teaching modes in this course are of two types:

  • lectures explaining the main concepts and the main solution methods;
  • solving examples of application of these concepts and methods.

 

Assessment method

In the first session, such as in second session, a written exam to resolve closed-book exercises which will test the achievement of the following objectives:                   

  • Objective 1: resolve a scheduling or inventory management problem.           

  • Objective 2: solve a production planning problem.               

  • Objective 3: resolve a project management or production center design problem.

  • Objective 4 : formulation and resolution of a supply chain problem.

Sources, references and any support material

Syllabus Gestion des Opérations et Logistique d'Entreprise, Daniel DE WOLF, including the exercices.

Bibiography

  1. GIARD, Gestion de la production et des flux,  Economica, 2003.

  2. BAGLIN, BRUEL, KERBACHE,  NEHME et  VAN DELFT, Management Industriel et Logistique, Economica, 2013.

  3. MAC CLAIN, et al., Operations Management: Production of Goods and Services, Prentice Hall, 1992.

Language of instruction

French
Training Block Credits Mandatory
Bachelor in Business Engineering 3 5 Yes