Operational Planning

Introduction

In this course, students will explore essential models, techniques, and approaches for logistics and supply chain operational planning, as well as their application. Building upon the foundation established in the course GRA 6753 Operations Management, which covered topics such as optimization in supply chain and logistics planning, demand forecasting, inventory planning, production planning, pricing, and capacity planning, this course further expands students' modeling abilities. It delves into supply chain network design, facility location, and scheduling models and strategies.

Moreover, students will acquire proficiency in utilizing concepts, models, and methods like decision trees, risk pooling, sensitivity analysis, simulation, and queuing models to address uncertainty, risk, and variability in supply chain and operational planning. In the current business environment, where sustainability is a core principle, the course equips students with the skills to efficiently plan and allocate limited resources, which is vital for achieving sustainability objectives. Additionally, the course imparts methodologies for managing various forms of uncertainty and risk, fostering resilience essential for sustainable supply chains.

Course content

• Supply Chain Network Design
• Dealing with uncertainty and multi-periodicity in Supply Chain Planning
• Sensitivity analysis
• Simulation
• Variability and its Impact on Process Performance
• Waiting lines
• Risk Pooling Strategies
• Scheduling and sequencing