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Diploma in Applied Operations Management

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Diploma in Applied Operations Management
  • Description
  • Outcome
  • Certification
  • The free online course Diploma in Applied Operations Management introduces learners to the practical applications of the theories and concepts that underpin operations management.

    The course begins by showing learners why virtually all operations management decisions are based on a forecast of the future. Forecasts drive strategic operations decisions, such as choice of competitive priorities, changes in processes, and large technology purchases. Forecast decisions also serve as the basis for tactical planning and developing worker schedules. The course describes why forecasting is critical to the management of all functional areas within an organization and you will learn about forecasting methods such as time series forecasting. These forecasting methods are explained in detail with worked examples throughout.

    Aggregate planning allows management to quantify materials and other resources that are to be procured so that the total cost of operations are kept to the minimum over a set period of time. You will be introduced to aggregate planning methodologies such as the tabular method and linear programming. The course also introduces the linear programming technique and a special type of linear programming known as the Transportation Model, which can be used to obtain aggregate plans that would allow balanced capacity and demand and the minimization of costs. Line balancing is used to minimize idle time and remove potential bottlenecks within a process.

    The course introduces the concept of line balancing and explains terminology associated with it, such as tasks, task precedence, task times and cycle time. You will learn about heuristics for working out line balancing problems in lean production, such as the shortest processing time and the longest path in the network. You will also learn about quantitative methods, such as the p-median model, which is used to model many real world situations, such as the location of public or industrial facilities, warehouses and other facilities. Inventory models help firms determine the order quantity that minimizes the total inventory holding costs and ordering costs, as well as the frequency of ordering, to keep goods or services flowing to the customer without interruption or delay.

    Several models are available to help determine how much inventory should be brought in to restock the products or parts, and you will be introduced to inventory models such as the single period inventory model, the multi-period inventory model and the economic order quantity (EOQ) model. These models are explained in detail using worked examples.

    This free online course will be of great interest to all learners who have certified in Alison's Diploma in Operations Management as it introduces practical applications of operations management. It will also be of great interest to all professionals working in the areas operations management or general management who would like to learn more about the practical applications of operations management. The course will also be of interest to all learners who are interested in operations management as a future career.

  • Having completed this course learners will be able to:
    - Define forecasting as related to operations management and give examples;
    - Describe the time series forecasting;
    - Explain simple forecasting models for time series data;
    - Describe aggregate planning methodologies;
    - Describe the Tabular method, Linear Programming method and the Transportation model;
    - Describe the line balancing problem;
    - Describe qualitative factors in determining the location of facilities;
    - Describe the basics of inventory management;
    - Describe different types of inventory models;

  • All Alison courses are free to study. To successfully complete a course you must score 80% or higher in each course assessments. Upon successful completion of a course, you can choose to make your achievement formal by purchasing an official Alison Diploma, Certificate or PDF.

    Having an official Alison document is a great way to share your success. Plus it’s:

    • Ideal for including in CVs, job applications and portfolios
    • An indication of your ability to learn and achieve high results
    • An incentive to continue to empower yourself through learning
    • A tangible way of supporting the Alison mission to empower people everywhere through education.

Modules List( 11 )
  • DIPLOMA IN APPLIED OPERATIONS MANAGEMENT
  • SECTION 1: INTRODUCTION TO FORECASTING AND PLANNIN...
  • Module 1: Introduction to Operations Management
    • Learning Outcomes
    • Introduction to Operations Management - Part 1
    • Introduction to Operations Management - Part 2
    • Introduction to Operations Management - Part 3
    • Lesson Summary
  • Module 2: Introduction to Forecasting Methods
    • Learning Outcomes
    • Forecasting Methods - Part 1
    • Forecasting Methods - Part 2
    • Lesson Summary
  • Module 3: Introduction to Aggregate Planning and Linear Programming
    • Learning Outcomes
    • Introduction to Aggregate Planning
    • Aggregate Planning - Tabular Method and Linear Programming Part 1
    • Aggregate Planning - Tabular Method and Linear Programming Part 2
    • Lesson Summary
  • Module 4: Aggregate Planning and the Transportation Model
    • Learning Outcomes
    • Aggregate Planning - Transportation Model Part 1
    • Aggregate Planning - Transportation Model Part 2
    • Lesson Summary
  • Module 5: Diploma in Applied Operations Management - First Assessment
    • Diploma in Applied Operations Management - First Assessment
  • SECTION 2: UNDERSTANDING PROCESS LAYOUT AND INVENT...
  • Module 6: Introduction to Line Balancing
    • Learning Outcomes
    • Introduction to Line Balancing
    • Line Balancing - Part 1
    • Line Balancing - Part 2
    • Line Balancing - Part 3
    • Lesson Summary
  • Module 7: Introduction to Facilities Location
    • Learning Outcomes
    • Layout Problem - Part 1
    • Layout Problem - Part 2
    • Lesson Summary
  • Module 8: Introduction to Inventory Models
    • Learning Outcomes
    • Introduction to Inventory Models - Part 1
    • Introduction to Inventory Models - Part 2
    • Introduction to Inventory Models - Part 3
    • Lesson Summary
  • Module 9: Understanding EOQ Model
    • Learning Outcomes
    • Inventory Models - Part 1
    • Inventory Models - Part 2
    • Inventory Models - Part 3
    • Inventory Models - Part 4
    • Inventory Models - Part 5
    • Lesson Summary
  • Module 10: Diploma in Applied Operations Management - Second Assessment
    • Diploma in Applied Operations Management - Second Assessment
  • END OF COURSE ASSESSMENT
  • Module 11: Diploma in Applied Operations Management - Final Assessment
    • Diploma in Applied Operations Management - Final Assessment
Topics List ( 5 )
Module 1: Introduction to Operations Management
The module begins by introducing forecasting and describes why it is critical to the management of all functional areas within an organization. For example, marketing relies on forecasting to predict demand and future sales, and human resources forecasts future hiring requirements.
Topics List ( 4 )
Module 2: Introduction to Forecasting Methods
You will then learn about forecasting methods such as time series forecasting. Time series models assume that information needed to generate a forecast is contained in a time series of data and that the future will follow the same patterns as the past.
Topics List ( 5 )
Module 3: Introduction to Aggregate Planning and Linear Programming
The module begins by introducing the concept of aggregate planning and its use in medium term planning in businesses. You will be introduced to aggregate planning methodologies such as the tabular method and linear programming.
Topics List ( 4 )
Module 4: Aggregate Planning and the Transportation Model
The course also introduces the linear programming technique and a special type of linear programming known as the Transportation Model, which can be used to obtain aggregate plans that would allow balanced capacity and demand and the minimization of costs.
Topics List ( 1 )
Module 5: Diploma in Applied Operations Management - First Assessment
You must score 80% or more to pass this assessment.
Topics List ( 6 )
Module 6: Introduction to Line Balancing
The module begins by introducing the concept of line balancing and explains terminology associated with it, such as tasks, task precedence, task times and cycle time. You will also learn about heuristics for working out line balancing problems in lean production, and about cycle time, the maximum time allowed at each workstation before the work moves on.
Topics List ( 4 )
Module 7: Introduction to Facilities Location
The module introduces the qualitative factors, such as raw materials, transport, and customer demand in determining the location of facilities. You will then learn about quantitative methods, such as the p-median model, which is used to model many real world situations, such as the location of public or industrial facilities, warehouses and other facilities.
Topics List ( 5 )
Module 8: Introduction to Inventory Models
The module begins by introducing the basics of inventory management and introduces concepts such as deterministic demand and probabilistic demand, type of costs such as cost of item, order cost, and holding or carrying cost.
Topics List ( 7 )
Module 9: Understanding EOQ Model
Several models are available to help determine how much inventory should be brought in to restock the products or parts, and you will be introduced to inventory models such as the single period inventory model, the multi-period inventory model and the economic order quantity (EOQ) model. These models are explained in detail using worked examples.
Topics List ( 1 )
Module 10: Diploma in Applied Operations Management - Second Assessment
You must score 80% or more to pass this assessment.
Topics List ( 1 )
Module 11: Diploma in Applied Operations Management - Final Assessment
You must score 80% or more to pass this assessment.
Course Features
  • Duration

    10-15 Hours

  • Publisher

    NPTEL

  • Video

    Yes

  • Audio

    Yes

  • Assessment

    Yes

  • Certification

    Yes

  • Price

    Free

  • Reward

    250 Pts

  • Responsive

    No

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