Operations Research

OPRE 6250 Global Supply Chain Management (2 semester hours) Executive Education Course. This course addresses the design and management of global supply chain including international sourcing, integration of suppliers and distribution channels. Prerequisite: OPRE 62 01 or OPRE 6302 or consent of instructor. (2-0) Y OPRE 6271 Project Overview, Strategic and Process Management (2 semester hours) Introduces the project lifecycle, typical project management processes, leadership and teaming in project management, the relevance of business process analysis, strategic alignment of projects, and financial considerations in project selection. (2-0) R OPRE 6301 (SYSM 6303) Quantitative Introduction to Risk and Uncertainty in Business (3 semester hours) Introduction to statistical and probabilistic methods and theory applicable to situations faced by managers. Topics include: data presentation and summarization, regression analysis, fundamental probability theory and random variables, introductory decision analysis, estimation, confidence intervals, hypothesis testing, and One Way ANOVA (Some sections of this class may require a laptop computer). (3-0) S OPRE 6302 Operations Management (3 semester hours) Operations Management integrates all of the activities and processes that are necessary to provide products and services. This course overviews methods and models that help managers make better operating decisions over time. How these methods will allow firms to operate both manufacturing and service facilities in order to compete in a global environment will also be discussed. Prerequisite: OPRE 6301 (3-0) S OPRE 6303 Quantitative Foundations of Business (3 semester hours) This course discusses the applications of some basic mathematical concepts necessary for the business environment. Students are introduced to selected topics, including those in college algebra, matrix algebra, calculus, and optimization, and their usage in the context of managerial decision-making. MS Excel is used to illustrate and understand the core concepts. (3-0) S OPRE 6311 Game Theory (3 semester hours) Two person zero-sum and nonzero-sum games; Nash equilibrium; use of LP and Complementarity, N-person games; core, nucleolus, stable sets, etc. Applications to market equilibrium problems. (3-0) R OPRE 6325 (HMGT 6325) Healthcare Operations Management (3 semester hours) Explores how effectively managing and continuously improving the end-to-end heal care supply chain provides a competitive advantage. Topics include supply chain fundamentals, key players in the health care supply chain and their challenges, how the health care supply chain works, impact of technology on supply chain performance, and lean six sigma methodology. Simulations and case studies will reinforce the learning. (3-0) T OPRE 6332 Spreadsheet Modeling and Analytics (3 semester hours) This course explains the concepts of effective spreadsheet design and model building utilizing the electronic spreadsheet as the principal device. The course helps students to take an analytic view and acquire knowledge about specific decision making techniques for business, such as optimization and simulation, building spreadsheet models to identify choices, formalize tradeoffs, specify constraints, perform sensitivity analyses, and analyze the impact of uncertainty. The course also examines the applications in finance, economics, marketing, and operations. (3-0) S OPRE 6335 (SYSM 6304) Risk and Decision Analysis (3 semester hours) This course provides an overview of the main concepts and methods of risk assessment, risk management, and decision analysis. The methods used in industry, such as probabilistic risk assessment, six