Operations and Supply Chain Management (B-KUL-HMG07A)
Aims
Upon completion of this course, the student is able to:
- analyze and improve operational and supply chain processes
- understand and manage the bullwhip effect
- understand and apply forecasting techniques
- understand and apply the fundamentals of inventory management
- understand and apply planning systems of material
- understand and apply project management
- understand and apply planning systems of capacity
- understand the laws of cycle time reduction and apply these concepts
- understand and apply lean operations concepts
Previous knowledge
This course focuses on students with a strong quantitative and technical/scientific background.
The student must have basic knowledge of probability theory and descriptive statistics, mathematics and linear optimization.
Is included in these courses of study
Activities
6 ects. Operations and Supply Chain Management (B-KUL-HMG07a)
Content
Introduction of operations and supply chain management
Inventory management
Supply Chain Management
Material requirements planning
Detailed production planning at finite capacity – Theory of constraints
Cycle time as performance measure and key concept in planning
Lean operations
Course material
All study material will be available on Toledo.
Format: more information
Mixed format of lectures depending on the content of the lectures
- Interactive traditional lectures: During traditional lectures the theoretical knowledge will be dealt with in detail. When possible, the students are expected to interact (lively).
- Exercises: Students will complete exercises, as an extension of the traditional lectures.
- (Business) games: Some theoretical knowledge will be dealt with by playing games.
- Flipped classroom lectures: Some theoretical knowledge will be studied at home (via recorded/video lectures) and discussed in class by Q&A, exercises and examples.
Evaluation
Evaluation: Operations and Supply Chain Management (B-KUL-H75776)
Explanation
Evaluation characteristics + Determination final result
First examination opportunity:
Students will be evaluated on the basis of a written exam and on their participation in the (business) games played in class. The written exam consists of two parts (one part concerning the theory dealt with by Jeroen Beliën and one part concerning the theory dealt with by Liesje De Boeck). Both parts consist mainly of exercises and some questions related to knowledge and insight. The total exam (for both parts) is closed book and is meant to take 3 hours. The students are allowed to bring their calculator to the exam; the standard formulas for each part, which are known beforehand, will be available at the written exam. Each part is evaluated by the respective lecturer-in-charge. Jeroen Beliën’s part counts for 2/3 and Liesje De Boeck’s part counts for 1/3 in the final result. If a student participates in all (business) games, this final result will be rounded up, otherwise the final result will be rounded down. A student who does not succeed (who has less than 10/20 on this rounded final result), has an exam resit for both parts (although the student passed for one part).
Information about retaking exams
The features of the evaluation and determination of grades are identical to those of the first examination opportunity, as described in the tab 'Explanation'.