Overview
Explore the realm of Operations Management with "Operations Research: an Active Learning Approach," a comprehensive course offered by Indiana University on edX. This essential course dives into the fundamentals of operational planning and control, crucial across all societal sectors. Discover how Operations Research (OR) plays a pivotal role in formulating problems and applying analytical methods to enhance decision-making in operations planning and control. With its broad applicability spanning engineering, manufacturing, construction, finance, and various service industries, OR equips operations managers with vital quantitative tools.
Designed for students and professionals alike, this course elaborates on mathematical procedures through detailed examples, enabling learners to master OR methodologies and techniques for active application in achieving objectives. Highlighted within the course are two significant OR techniques—The Simplex Method for Linear Programming (LP) and The Critical Path Method (CPM), alongside extended topics offering insights into optimizing production plans, product mixes, and project scheduling under various scenarios.
Addressing challenges posed by stochastic environments in operations problems, this course introduces simulation as a robust technique in the concluding chapter, broadening the scope for applying OR in complex situations. With categories including Strategic Management, Mathematics, and Linear Programming, this course is a valuable resource for learners aiming to excel in Operations Research and its applications in real-world scenarios.
Syllabus
Taught by
Heung-wing Joseph LEE, Man-kin Adam LEUNG, Sze-leong Frankie TSOI and Wai-him Solomon WONG