BA 353: Operations Management {Fall 2019}
General Course Material:
- Syllabus
- Canvas
- Ska
Canning Line – this is Operations in action!
Exam 1 Material:
Notes:
Week 1, M 9/9: Finish DA Example A), Expected Value, Do DA
Example B) on MS Excel, W 9/11: EVPI & Minimax Regret, F 9/13: ICE 2, Week
3
Take Home Exam 1 (Due on 9/27): Ska Data, StoneAge Data
In Class Exam 1 (Your choice to take on Weds 9/25 at 8am, 10:10am or 1:25pm or on Fri 9/27 at 8am, 10:10am or 1:25pm)
Intro to OM:
· Homework Assignment 1 (Due on the date of Exam 1, but feel free to turn in early. Why not get ahead and turn this in early during Week 3?)
· Chapter: Intro to OM -- Available on Canvas.
· In Class Exercise (ICE) 1 Last Call for this assignment is Monday 9/16.
o Answers: 1) 35.3, 35.5, 8.0, 2) $370,000, 3) 20%, 75%, 5%, 4) y = 4.5x+69149, if x = $50k, y = $294k, r = 0.98 which is a very good fit, strong correlation, 5) 33% = $5000/$15000
Topic 1: Decision Analysis
- Should American Airlines expand to DRO?, YES! Old
Article and New
Article
- Decision
Analysis Intro and HW2 (Due on the date of Exam 1, but feel free to turn in
early.)
- Homework 2 Comments: For problem 1),
the answer is 180 pounds for $99.50 and for problem 2), the answer is 2
rafts for $10,200.
- Chapter: DA -- click link or find on
Canvas.
- Excel Version of Problem B
- ICE
2
- Break Even Analysis Example
·
Minimax Regret:
o Videos and Wikipedia Example
Topic 2: Forecasting
- Chapter: FC
-- This chapter is available on Canvas.
- Forecasting Spreadsheet with Notes
- Practice (Only click this link to
check your answers. No peeking!)
- ICE 3
- Seasonality Handout, Seasonality Spreadsheet
Exam 2 Material:
Notes: Week 5: Return E1, Linear Programming Examples A) and B), Week 6: Hard LPs, Week 7: M 10/14: LP Review, Exam 2 Prep, W 10/16 & F 10/18: In Class Exam 2 or Work on Take Home Exam 2.
Week 8: No class on Monday 10/21 and Wednesday 10/23 – I will be at INFORMS in Seattle. Several assignments are due on Wednesday 10/23 by 5pm: ICE 4, HW 3/4, HW 5 and Take Home Exam 2. Submit hardcopies under my office door (EBH 158).
In Class Exam 2 (Your choice to take on Weds 10/16 at 8am, 10:10am or 1:25pm or on Fri 10/18 at 8am or 10:10am – NOT at 1:25pm)
Topic 3: Linear Programming:
- Chapter: LP -- Click on this link or find this chapter on Canvas.
- Linear Programming Handout and Homework 4 Skip the last two problems
for now!!!
- LP Solver Example
A)
- ICE
4
- Example C)
- Hard LPs, Gasoline example from class with Excel Answer
- ICE 5: Be in class on Friday
10/11 for this assignment.
- HW 5: Solve at least three of the Hard LPs –
either from the Hard LP handout or the last two problems of HW 3/4, 16 and
18. You may work together on this
assignment in groups of up to three students. Print out your LP models with answers
from Solver.
- ICE 6: I will be out of town
on Monday 10/21 and I want to make sure that you’re working on assignments
and not just goofing off! On either
Sunday 10/20, Monday 10/21 or Tuesday 10/22, CONVINCE ME that you are
making progress on the numerous assignments due on Wednesday10/23. How
to do this? 1) Send me a
question if you’re stuck. 2) Update
me on what you have completed so far.
3) Send me a picture of you (and others) nerding
out, working on LPs. How to contact me? A) By email or B) by texting me at (970)
946-9077. You will get credit for
this, super easy points, don’t forget!
Exam 3 Material:
Notes: M 10/28, W 10/30: Crashing, F
11/1: Complete ICEs 7 and 8.1, M 11/4: Ballpark Method – Projects with
Uncertainty, W 11/6: Work on HW 6, ICEs 8.1 and 8.2, F 11/8: Simulation, Weeks
11 and 12: See Schedule below.
Schedule before Thanksgiving Break
Take Home Exam 3, Part 1* (Revised) (Due on Friday 11/22 by 2:30pm)
Take Home Exam 3, Part 2 (Due on
Friday 11/22 by 2:30pm)
In Class Exam 3 (Your choice to take on Weds 11/20 at 8am, 10:10am or 1:25pm or on Fri 11/22 at 8am, 10:10am or 1:25pm)
· Key
Topic 4: Project Management:
- ICE 7
- Chapter: Project Management --
Available on Canvas.
- Crashing Handout and ICE 8.1
- Extra Credit: Solve problem 1 from ICE 7 using Microsoft Project. This software is available on every
campus computer. Assume the start
date for the project is planned for Monday November 11th. On what date will the project be
completed? See if you can figure
out how to get the slack times from MS Project as well. Turn in a printout of the schedule and
either the network diagram or the Gantt chart.
- Probabilities Handout and ICE 8.2 (Solve using
“Ballpark Method”)
- Homework 6 (Solve Problem 1) using “Ballpark Method”) (Due on
Wednesday 11/13)
Topic 5: Simulation:
- Simulation Examples: A) PERT/CPM Simulation, B) Investment, C) Investment,
D) Inventory Control
Exam 4 Material:
Notes: Week 13, Week 14: Service Level/Safety Stock, complete final three assignments.
- Take Home Final Exam (Due on Wednesday 12/18 at 11:45am)
- Take Home Exam 4 (Due on Wednesday 12/18 at 11:45am)
- These documents will be
handed out in class and will not be posted online. If you are absent on the day they are
handed out, 1) shame on you and 2) see me for a copy.
Topic 6: Inventory:
- Inventory Handout
- Last ICE (Due on
Wednesday 12/18 at 11:45am)
- Chapter: Inv
-- On Canvas
- Email from a
former student.