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Welcome to the first week of the course!
Please make sure to watch the three introduction videos. The first two have academic content in them. The third introduction session is logistical in nature and talks about the format of the course, the book, prerequisites, and other items from the course syllabus:Introduction: Lectures
- Session 1: Four dimensions of operational performance
- Session 2: Trade-offs and the efficient frontier
- Session 3: Course logistics
Module 1: Lectures (Part 1)
- Session 1: Flow rate, inventory, and flow time
- Session 2: Finding the bottleneck
- Session 3: Labor cost and labor utilization
After (and I emphasize "after") you have done all the work, treat yourself to a fun desert by clicking on the following video
Week 2
Ready for the second week of class?
Please follow the links to the remaining videos of Module 1 (Process Analysis). The lectures cover the following topics:
Then, you are ready for the first homework. Click on Homework Assignment. There, you will be able to download a pdf outlining the problems for Homework 1. Answer these questions and write down the solutions (probably best to use paper and pencil). Then, click on Homework Submission to submit your answers. This homework (as all others) is worth 10 points. Each question has an equal weight in a homework.
Please note that you have multiple attempts to submit the homework assignments. Business questions are typically not as concise as Math questions and so we might differ in our interpretation of the question and/or assumptions we make. We will provide some hints if you get a question wrong. The purpose of the homework assignments is to reinforce learning, not to separate between good students and bad students.
Please follow the links to the remaining videos of Module 1 (Process Analysis). The lectures cover the following topics:
- Session 4: Little’s Law
- Session 5: Inventory Turns
- Session 6: Make to Stock vs Make to Order / Reasons for Inventory
- Session 7: Dealing with multiple flow units
- Review of Module 1: Getting ready for the first homework
Then, you are ready for the first homework. Click on Homework Assignment. There, you will be able to download a pdf outlining the problems for Homework 1. Answer these questions and write down the solutions (probably best to use paper and pencil). Then, click on Homework Submission to submit your answers. This homework (as all others) is worth 10 points. Each question has an equal weight in a homework.
Please note that you have multiple attempts to submit the homework assignments. Business questions are typically not as concise as Math questions and so we might differ in our interpretation of the question and/or assumptions we make. We will provide some hints if you get a question wrong. The purpose of the homework assignments is to reinforce learning, not to separate between good students and bad students.