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471-1: Factory Physics I


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Prerequisites

None

Description

This is a course on the basic concepts and techniques of operations management. The foundation of the course is a system of manufacturing "laws" that relate the various measures of plant performance, such as throughput, cycle time, work-in-process, variability, and quality, in a consistent manner and provide a framework for evaluating classical operations management techniques as well as evolving new strategies.

Analytical tools used include probability and statistics, queueing models, and simulation. Both concepts and methods are examined via exercises and case studies.