Operational Planning

Introduction

This course delves into the intricate models, techniques, and strategies crucial for logistics and supply chain operational planning. Extending the knowledge base from GRA 6753 Operations Management, it enhances students' capabilities in modeling complex decision-making scenarios. The curriculum covers supply chain network design, facility location, and advanced scheduling models, emphasizing the application of decision trees, risk pooling, sensitivity analysis, simulation, and queuing models to manage uncertainty, risk, and variability. With a core focus on sustainability, this course prepares students to effectively manage resources and navigate the challenges of creating resilient and sustainable supply chains.

Course content

• Supply Chain Network Design models
• Handling of uncertainty and multiperiod planning.
• Methods for conducting sensitivity analysis and simulation to model and manage operational variability and uncertainty.
• Examination of risk pooling strategies, queuing theory, and the impacts of variability on process performance.
• Techniques for effective scheduling and sequencing to optimize operational outcomes.