Production Management Control
IE56600
Credit Hours:
3Learning Objective:
This course will develop a systematic and scientific view of the management of production systems, with particular emphasis of the Factory Physics approach. We will cover core ideas related to the analysis of production lines (including capacity analysis, influence of variability, push/pull flow control), as well as other related functions (strategy, change management, and quality systems).Description:
Topics Covered:
- Basic Factory Dynamics and Little's Law
- Causes and Flow of variability in production systems
- The basic of Queueing and effects of blocking
- The influence of variability on the performance of production systems
- Batching Laws and Cycle Time
- Push vs Push Production Systems and CONWIP
- Apply and interpret statistical process control
- The basis of Six-Sigma-DMAIC, Lean Manufacturing, DFSS
- Fundamentals of Time Series Forecasting and Production Planning
- Human Element in Operations Management
Prerequisites:
Comfort with statistics, optimization modeling, and basic concepts related to business processesApplied / Theory:
60/40
Homework:
6 total, worth 60% of gradeExams:
3 total, worth 30% of grade
Textbooks:
Required:
Factory Physics, Third Edition, by Wallace J. Hopp and Mark L. Spearman (2011). Waveland Press. ISBN: 978-1-57766-739-1