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Operations Management Syllabus Course ... - University of Iowa

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<strong>Syllabus</strong><br />

<strong>Operations</strong> <strong>Management</strong><br />

06N:229<br />

Fall 2004, 3 s.h.<br />

Barrett Thomas<br />

Contact Information<br />

Barrett Thomas<br />

Office: W272 PBB<br />

Hours: By Appointment Phone: (319)<br />

335-0938<br />

E-mail: barrett-thomas@uiowa.edu<br />

MANAGEMENT SCIENCES<br />

<strong>University</strong> <strong>of</strong> <strong>Iowa</strong><br />

Location: S210 PBB<br />

Hours:<br />

Phone: (319) 335-0858<br />

<strong>Course</strong> Information<br />

Sections coverd by this syllabus:<br />

Type Sec. # Time & Location<br />

Sec EXR W107 PBB 06:00-09:20 Tuesday<br />

Instructor<br />

Barrett Thomas<br />

Prerequisites: 06N:216<br />

Goals and objectives<br />

<strong>Operations</strong> <strong>Management</strong> is concerned with the planning and decision-making activities associated<br />

with the management <strong>of</strong> an organization's operations; that is, managing what the firm does. The<br />

organization may be either a provider <strong>of</strong> services, a goods producer, or a combination <strong>of</strong> both. The<br />

basic goals <strong>of</strong> this course are: (1) to help the student gain an exposure to the spectrum <strong>of</strong><br />

operations management planning and decision-making activities, (2) to help the student to obtain<br />

insights into the basic trade-<strong>of</strong>fs associated with operations management decisions, (3) to introduce<br />

a variety <strong>of</strong> tools and techniques for helping operations managers implement their decisions and<br />

reach their goals.<br />

Assigned Readings<br />

Book: Krajewski and Ritzman, Foundations <strong>of</strong> <strong>Operations</strong> <strong>Management</strong>, 1/e, Prentice-Hall, 2003.<br />

<strong>Course</strong>pack: http://www.xanedu.com/login?PackId=219007.<br />

Supplemental Resources<br />

<strong>Course</strong> lectures, examples, supplemental reading, data files, and other course materials will be<br />

available for download on the Blackboard (https://bb6.uiowa.edu/) course website.<br />

Document generated on Aug 24, 2004, by Pr<strong>of</strong>essor's Assistant. Learn more at http://wo.its.uiowa.edu/pa/.<br />

Copyright© 2001 The <strong>University</strong> <strong>of</strong> <strong>Iowa</strong>. All rights reserved.


<strong>Syllabus</strong>: <strong>Operations</strong> <strong>Management</strong><br />

<strong>Course</strong> Policies<br />

Evaluation <strong>of</strong> Student Performance/<strong>Course</strong> Requirements<br />

The approach to the course includes both lecture and case analysis. The course materials have<br />

been carefully selected to illustrate the basic concepts <strong>of</strong> operations management as they apply to<br />

a variety <strong>of</strong> organizations. Please note that the assigned readings should be completed before the<br />

class.<br />

Furthermore, because these readings may be quite useful in formulating recommendations, they<br />

should precede case analysis whenever applicable.Since the course makes extensive use <strong>of</strong> cases,<br />

the discussion between you and your classmates will form a major source <strong>of</strong> concepts. Thus, class<br />

participation is an important element in the learning process. All students are expected to be<br />

prepared to participate in the discussion. Note that attendance is necessary for participation, but<br />

does not substitute for active participation. Questions are encouraged at any time.<br />

Case Analysis<br />

Students are required to analyze cases in groups <strong>of</strong> size 3 to 5. In most instances, a set <strong>of</strong> case<br />

questions will be supplied for each case used in the course. Case reports will be prepared for<br />

Natural Blends, Excel Logistics, and the Hewlett Packard cases. Case reports should be prepared<br />

in accordance with the format provided below. Due dates are provided in the schedule below.<br />

Case Reports<br />

Each case report will be typed and no more than 5 pages in length excluding attachments. Case<br />

reports must be turned in before the start <strong>of</strong> the class in which the case is discussed. No case<br />

report will be accepted after the class in which the assignment is due is completed. Each report<br />

should answer the assigned case questions. The answers to these case questions should be<br />

integrated into the summary and not treated as a list <strong>of</strong> answers as one would do with a homework<br />

set. Additional guidelines will be given when the first executive summary is assigned.<br />

In preparing the case report, make sure that you clearly address what the problem is that you are<br />

solving. However, you can assume that the reader is familiar with case details, and consequently,<br />

you do not need to explain who the company is, where they are located, etc. Your case report must<br />

contain a detailed analysis <strong>of</strong> the problem, and most importantly, your recommendations must be<br />

supported by this analysis. Feel free to make logical or supportable assumptions. If the assumption<br />

seems to have a significant impact on your recommendation, consider what would happen if that<br />

assumption was not true.<br />

In your case report, refrain from "consultant speak." For example, avoid statements such as,<br />

"Company X should use better forecasting." In fact, every company can use better forecasting. If<br />

you want to recommend better forecasting, demonstrate how to do the better forecasting (e.g. what<br />

model should be used, what data, and then perform the analysis). Essentially, avoid the mistake <strong>of</strong><br />

saying what should be done and then not doing what should be done. As another example,<br />

consider the recommendation, "Company X should implement a continuous review inventory<br />

system in order to reduce inventory." If you make this recommendation, make sure that, in your<br />

Document generated on Aug 24, 2004, by Pr<strong>of</strong>essor's Assistant. Learn more at http://wo.its.uiowa.edu/pa/.<br />

Copyright© 2001 The <strong>University</strong> <strong>of</strong> <strong>Iowa</strong>. All rights reserved.


<strong>Syllabus</strong>: <strong>Operations</strong> <strong>Management</strong><br />

analysis, you have compared the performance <strong>of</strong> a continuous review inventory system with<br />

Company X's current system and have demonstrated the improved performance. Additionally, make<br />

sure that you reference the analysis in making your recommendations.<br />

Finally, case reports will be graded both on the response to the provided questions, the<br />

persuasiveness <strong>of</strong> your arguments, and the style and clarity <strong>of</strong> the writing.<br />

Homework<br />

Homework will be assigned as the semester progresses. You are encouraged to do homework in<br />

groups to help understand the concepts from class, but homework assignments will not be graded.<br />

Exams<br />

There will be two in-class quizzes during the course. I also reserve the right to add a take-home<br />

portion to any quiz. These quizzes are open book and open notes. However, you are expected to<br />

complete the quizzes entirely on your own without the aid <strong>of</strong> input or discussion from other people.<br />

The academic integrity policy, as dictated below, will be strictly enforced.<br />

Grading<br />

Each student's final grade will be based on the following items:<br />

In-class quizzes 50%,<br />

Case Reports 45%,<br />

Participation 5%.<br />

Assignment <strong>of</strong> final grades will be done based on the student's rank within the class and the<br />

occurrence <strong>of</strong> natural "breaks" in the overall rankings. Tippie School <strong>of</strong> <strong>Management</strong> guidelines<br />

suggest that an appropriate grade distribution would include less than 50% A's, greater than 50%<br />

B's, and all other grades at the instructor's discretion. Please note that these guidelines do not<br />

exclude the possibility <strong>of</strong> grades lower than a B.<br />

If there are disputes with the grading <strong>of</strong> any assignments, each student has exactly 1 week from<br />

when the assignment is returned to the class to return the assignment to the instructor with a cover<br />

sheet indicating the specific question and issue <strong>of</strong> concern. Grades can be raised, lowered, or not<br />

altered as a result.<br />

Policy on Make-up Exams<br />

All case reports are "take-home" assignments and will due at least one week from the date<br />

assigned. Consequently, no late assignments will be accepted, and no "make-up" assignments will<br />

be allowed. In the case <strong>of</strong> in-class quizzes, I realize that you may be required to miss a class as the<br />

result <strong>of</strong> work-related travel. In this travel causes you to miss a quiz, please contact me before hand<br />

in order to reschedule the quiz. No other excuse for a missed quiz will be considered.<br />

Attendance Policy<br />

Since students in this class are, in general, both working full-time jobs and taking the class, it is<br />

reasonable that work related activities (notably travel) may require you to miss a scheduled class.<br />

Document generated on Aug 24, 2004, by Pr<strong>of</strong>essor's Assistant. Learn more at http://wo.its.uiowa.edu/pa/.<br />

Copyright© 2001 The <strong>University</strong> <strong>of</strong> <strong>Iowa</strong>. All rights reserved.


<strong>Syllabus</strong>: <strong>Operations</strong> <strong>Management</strong><br />

However, because classroom learning is an important component <strong>of</strong> this MBA course, missing<br />

more than two classes would be detrimental to your class experience. If you are currently<br />

scheduled to miss more than two scheduled classes, consider re-arranging your schedule or<br />

dropping the course. All known religious holidays will be accommodated. If you observe a holiday<br />

that needs accommodation, please see me early in the semester so that we can take the<br />

appropriate steps to handle the conflict.<br />

Plagiarism Policy<br />

Because I regard this class as I would any job responsibility, it seems prudent to clarify in advance<br />

the policy on academic integrity. Given the pr<strong>of</strong>essional nature <strong>of</strong> the MBA program, it is unlikely<br />

that a student in this class would turn in work which is not his or her own. However, if I determine<br />

that any assignment, project, paper or test was not written solely by the student(s) whose name(s)<br />

appears on the project, or material taken from other sources is not appropriately cited, the<br />

student(s) involved will not pass this course and may be subject to program-level discipline.<br />

Decisions on these matters may be appealed to the MBA Committee. The <strong>University</strong> <strong>of</strong> <strong>Iowa</strong> MBA<br />

Honor Code, as well as the definition <strong>of</strong> academic misconduct, can be found in the Tippie school <strong>of</strong><br />

<strong>Management</strong> Student Policies and Procedures Manual.<br />

Accomodation <strong>of</strong> Students with Disabilities<br />

If you have a disability that may require some modification <strong>of</strong> seating, testing, or any other class<br />

requirement, please let me know as soon as possible so that appropriate arrangements can be<br />

made. Similarly if you have any emergency medical information, or if you need special<br />

arrangements in the event the building must be evacuated, please let me know. As a reminder, the<br />

Office <strong>of</strong> Student Disability Services is also available to assist you. This <strong>of</strong>fice is located on the <strong>Iowa</strong><br />

City campus at 3100 Burge Hall, and can be reached at 319-335-1462. Further information is<br />

available at http://www.uiowa.edu/~sds.<br />

Document generated on Aug 24, 2004, by Pr<strong>of</strong>essor's Assistant. Learn more at http://wo.its.uiowa.edu/pa/.<br />

Copyright© 2001 The <strong>University</strong> <strong>of</strong> <strong>Iowa</strong>. All rights reserved.


<strong>Syllabus</strong>: <strong>Operations</strong> <strong>Management</strong><br />

<strong>Course</strong> Timeline<br />

Day<br />

Topic<br />

08/24/04 Lecture 1:<br />

Introduction to<br />

<strong>Operations</strong><br />

<strong>Management</strong>,<br />

Process<br />

<strong>Management</strong><br />

08/31/04 Lecture 2: Capacity<br />

Planning<br />

09/07/04 Lecture 3:<br />

Simulation; Waiting<br />

Lines<br />

09/14/04 Lecture 4: Statistical<br />

Process Control<br />

09/21/04 Lecture 5: Location<br />

09/28/04 Lecture 6: Quiz 1<br />

in-class; Lean<br />

10/05/04 Lecture 7: Project<br />

<strong>Management</strong>;<br />

Forecasting<br />

10/12/04 Lecture 8: Inventory<br />

<strong>Management</strong><br />

10/19/04 Lecture 9:<br />

Newsvendor Models<br />

10/26/04 Lecture 10: Beer<br />

Game<br />

11/02/04 Lecture 11: Supply<br />

Chain <strong>Management</strong><br />

11/09/04 Lecture 12: <strong>Course</strong><br />

Wrap-up<br />

Event<br />

KR: p. 1 - 25, 35 - 45; DL: "What is the Right Supply Chain for<br />

Your Product?", "Deep Change"<br />

KR: 156 - 170, 181 - 189; CP: Benihana <strong>of</strong> Tokyo; DL: "Cabinet<br />

Decisions: . . ."<br />

CP: Natural Blends; DUE: Natural Blends Case Report<br />

KR: p. 126 - 138; CP: Manzana Insurance; DL: "Running a<br />

Hospital Like a Factory, in a Good Way"<br />

KR: p. 204 - 223; CP: Hank Kolb; Excel Logistics DL: "Where's<br />

the Beef? . . ."; DUE: Excel Logistics Case Report<br />

KR: p. 435 - 453; DL: "Decoding the DNA <strong>of</strong> the Toyota<br />

Production System"; "Bumpy Road: . . ."<br />

KR: p. 62 - 77, 288 - 311; CP: Enterprise Resource Planning:<br />

Technology Note; DL: "Rocket Science Retailing is Almost Here -<br />

Are You Ready?"<br />

KR: p. 324 - 347; DL: Gantt-Chart Wedding<br />

KR: p. 88 - 97, 101 - 104; DL:The Newsvendor Model;<br />

"Newsvendors Tackle the Newsvendor Problem"; CP: Webvan<br />

DL: "The Bullwhip Effect in Supply Chains"<br />

KR: p. 258 - 282; CP: Hewlett-Packard Co. : Deskjet Printer (A),<br />

Hewlett-Packard Co. : Deskjet Printer (B); DUE: Hewlett-Packard<br />

Executive Summary; DL: "Three Countries, One Dishwasher";<br />

"Style and Substance: Tiger's New Threads"<br />

Quiz 2 in-class

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