Course Catalog and Schedule

Strategic Decisions in Operations (OPNS-454-0)
1.00 Credit
TCE BidStats

In this course, students learn how operations strategy can add value by tailoring a set of core principles to a specific business setting. The course provides a framework to formulate an operations strategy and analyze, value, and optimize the key decisions involved in operations strategy. The key evaluation metric is how operations strategy impacts the net present value of the firm. The key decisions studied are choosing competitive operational competencies and benchmarking; capacity expansion, timing, flexibility and location; sourcing and contracting; risk management and operational hedging; revenue management; improvement and learning. This course builds on the core operations class. Students should also be familiar with the basics of finance, economics and strategy, as the strategic decisions studied in this course require a detailed analysis and understanding of the underlying operations. Thus this course has a greater amount of concreteness and detail than a competitive strategy class, and uses a combination of in-depth case analysis, mini-lectures, presentations and qualitative discussions of other examples. The course is intended for students interested in operations and supply chain management, general management, or management consulting.

Full-Time: (OPNS-430-0 OR OPNS-438-5 OR OPNS-438-A OR OPNS-438-B OR OPNS-440-0 OR OPNSM-430-0)
E&W: (OPNS-430-0 OR OPNS-438-5 OR OPNS-438-B OR OPNS-440-0)

Negative Requisites:
All Students: OPNS-955-5

Download Schedule Information
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Academic Year Term   Session Course ID Title Sec ID   Credits Syl Instructor Times Campus Location Mand 1st Exam
2019-2020 Winter 2020 10 Weeks OPNS-454-0 Strategic Decisions in Operations 31 1 Van Mieghem, Jan A. Mon/Thu 3:30 PM - 5:00 PM Evanston Global Hub (1110) N
2019-2020 Winter 2020 10 Weeks OPNS-454-0 Strategic Decisions in Operations 41 1 Van Mieghem, Jan A. Mon 6:30 PM - 9:30 PM Evanston Global Hub (1110) N