Operational Management (B-KUL-HBA19C)

Aims
2.a Understands basic theories, basic terms, and basic concepts of each management domain, in particular with respect to the financial, operational, commercial and organisational activities, and can apply them when solving business problems.
2.a.1 Understands basic theories, basic terms, and basic concepts in particular with respect to the operational and logistic activities of an enterprise.
2.b Distinguishes and clarifies the different ways in which activities and processes in organisations are organised, structured and managed.
2.c Understands and substantiates the critical importance of each management domain for a successful organisation and the coherence with other management domains.
2.c.1 Understands the coherence of an optimal working operational system and the other management domains.
2.s Explains the structure and organisation of logistic processes in organisations.
5.d Uses methods and techniques of operational research to model and solve (business) economic problems.
8.d Sets forth a logical and coherent argumentation to support choices made when solving a (business) economic problem with practical relevance.
8.d.1Solves with a logical argumentation a business economic problem in the domain of business logistics.
Previous knowledge
If the student wants to follow this course, it is advisable to have completed the following courses first:
- Mathematics for Business A (HBA41C)
- Mathematics for Business B (HBA42C)
- Statistics for Business 1 (HBA68A).
Identical courses
This course is identical to the following courses:
HBH70E : Operationeel management
Is included in these courses of study
- Bachelor of Business Administration (Brussels) 180 ects.
- Bachelor of Business Administration: Double Degree Kedge (outgoing) (Brussels et al) 240 ects.
- Preparatory Programme: Master of Business Administration (Programme for students started before 2023-2024) (Brussels) 90 ects.
- Courses for Exchange Students Faculty of Economics and Business (Brussels)
- Bachelor of Business Administration: Double Degree Galway (outgoing) (Brussels et al) 240 ects.
- Preparatory Programme: Master of Business Administration (Programme for students started in 2023-2024 or later) (Brussels) 75 ects.
- Preparatory Programme: Master of Business Administration (Programme for students started in 2023-2024 or later) (Antwerp) 75 ects.
Activities
3 ects. Operational Management (B-KUL-HBA19c)




Content
- Introduction operational management
- Inventory management
- Material requirements planning
- Detailed production planning at finite capacity
- Cycle time as performance measure and key concept in planning
- Lean operations
Course material
All study material will be available on Toledo.
Language of instruction: more information
The course is taught in English.
Format: more information
Blended learning
Video lectures: Each week, the theoretical knowledge will be dealt with in detail by means of a video lecture. Students are expected to master the theoretical knowledge of each video lecture before each weekly on campus lecture.
On campus lectures with Q&A, exercises and sample exam questions: During the weekly on campus lectures, students will have the possiblilty to ask questions about the theoretical knowledge of the related video lectures. During these lectures, students will also solve exercises and sample exam questions related to each of the video lectures.
Evaluation
Evaluation: Operational Management (B-KUL-H73591)
Explanation
First exam period:
Students will be evaluated on the basis of a written exam. The exam is closed book and is meant to take 2 hours. The exam mainly consists of exercises and partly of questions related to knowledge and insight. The standard formulas, which are known beforehand, will be available at the written exam; also a pocket calculator will be available at the written exam. The evaluation of this written exam is done by the lecturer.
Information about retaking exams
The evaluation methods during the first and second period are identical.