Pennsylvania State University 3 credits HM
Profit optimization requires the careful coordination of capacity and demand management efforts. This course takes a three pronged approach to addressing the coordination of these efforts. First, it focuses on demand management, and short-term forecasting to predict and influence demand. Second, it examines key capacity management challenges, capacity planning and workforce scheduling, using both optimization and simulation modeling to derive capacity management decisions that balance customer satisfaction with cost efficiency goals. This course addresses the overarching role of pricing in balancing capacity utilization and demand. Pricing will be addressed from a strategic and a tactical perspective, with an emphasis on profit maximization across all revenue-generating assets within the organization, and a profit-oriented approach to distribution channel management.
Our subject experts help with essays, research papers, case studies, discussion posts, and capstone projects for these programs β written from scratch to your course requirements.
Program and course information is reproduced from each university's published academic catalog for informational purposes and may change. Always confirm current requirements with your university. We are an independent academic support service and are not affiliated with or endorsed by the universities listed.
Expert guides on essay writing, citation styles, study skills, and academic success.
View All Articles
Learn how to write a good research question for a paper. Narrow your topic, identify a research problem, and create a focused question with practical examples.
Learn how to choose a research topic you can actually research. Discover how to narrow broad ideas, find reliable sources, and develop a focused research question.
Learn how to cite sources in a research paper using APA, MLA, and Chicago styles, with in-text citation examples and reference-list tips.