Johns Hopkins University 2 credits Operations Management
For a firm to execute its competitive strategy successfully, its supply chain must be able to deliver on the firm’s promise to its customers. Therefore, it is important for all managers to have an understanding of key supply chain concepts. With this in mind, this course introduces the main trade-offs involved in supply chain management, and provides analytical, data-driven tools that can be used to evaluate supply chain trade-offs. The course emphasizes (i) building spreadsheet-ready models that capture supply chain challenges, (ii) using these models to ask what-if questions by applying simulation and optimization tools (e.g., @Risk, a powerful Excel add-in for simulations), and (iii) distilling managerial insights from what-if questions and communicating recommendations based on those insights. Prerequisite(s): ( BU.520.601 OR BU.913.610 OR BU.920.711 OR BU.920.721) AND (BU.680.620[C] OR BU.912.611 OR BU.920.606)
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