LEARNING OUTCOMES
The operations function of an organization is responsible for delivering products to match supply with demand. This course provides students with core analytical concepts and tools to improve an organization's operational decision-making.
After the course, students will understand common issues faced by operations and supply chain managers, be able to apply analytical tools to address these problems to obtain insights, and understand the role and limits of analytics in improving operational decision-making.
Credits: 6
Schedule: 21.10.2024 - 04.12.2024
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Heikki Peura
Contact information for the course (applies in this implementation):
CEFR level (valid for whole curriculum period):
Language of instruction and studies (applies in this implementation):
Teaching language: English. Languages of study attainment: English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
The course will include an overview of analytics for business operations and supply chains; data-driven decision-making for capacity and inventory management; optimization in logistics; and supply chain design, with applications from e.g., retail and manufacturing.
Assessment Methods and Criteria
valid for whole curriculum period:
Assignments and exam.
Workload
valid for whole curriculum period:
Lectures, independent and group work, and exam.
DETAILS
Study Material
valid for whole curriculum period:
Lecture slides, scientific articles, book chapters, assignments, computer implementations of mathematical/statistical models.
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language: English
Teaching Period: 2024-2025 Autumn II
2025-2026 Autumn IIRegistration:
There is a maximum number of students on this course. Priority will be given to Aalto students studying in (1) the MSc-programs in Information and Service Management & Business Analytics and (2) JOO-students.