Unit VIII: Business Statistics and Operations Management

Categories: Management
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Course Content

Data Visualization

Probability Distributions
Probability Distribution – Binomial, Poisson, Normal, and Exponential

Operations Management Basics

Statistics

Transportation

Facility Location and Layout
Site Selection and Analysis, Layout Design and Process

Concept, Measures of Central Tendency and Dispersion,
Concept, Measures of Central Tendency and Dispersion,

Probability Distribution – Binomial, Poisson, Normal, and Exponential
Probability Distribution – Binomial, Poisson, Normal, and Exponential

Data Collection & Questionnaire Design
Data Collection & Questionnaire Design

Sampling: Concept, Process, and Techniques
Sampling: Concept, Process, and Techniques

Hypothesis Testing: Procedure
Hypothesis Testing: Procedure

T, Z, F, Chi-square tests
T, Z, F, Chi-square tests

Correlation and Regression Analysis
Correlation and Regression Analysis

Operations Management: Role and Scope
Operations Management: Role and Scope

Facility Location and Layout: Site Selection and Analysis, Layout Design and Process
Facility Location and Layout: Site Selection and Analysis, Layout Design and Process

Enterprise Resource Planning: ERP Modules, ERP Implementation
Enterprise Resource Planning: ERP Modules, ERP Implementation

Scheduling: Loading, Sequencing, and Monitoring
Scheduling: Loading, Sequencing, and Monitoring

Quality Management and Statistical Quality Control, Quality Circles, Total Quality Management – KAIZEN, Benchmarking, Six Sigma
Quality Management and Statistical Quality Control, Quality Circles, Total Quality Management – KAIZEN, Benchmarking, Six Sigma

ISO 9000 Series Standards
ISO 9000 Series Standards

Operation Research: Transportation, Queuing Decision Theory, PERT/CPM.
Operation Research: Transportation, Queuing Decision Theory, PERT/CPM.

Final Evaluation

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