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The Complete Operations Management Course - In Excel
Rating: 4.3 out of 5(74 ratings)
532 students

The Complete Operations Management Course - In Excel

Fundamental and Intermediate Concepts in Operations Management and Engineering
Created byMichael Parent
Last updated 5/2024
English

What you'll learn

  • Learn key terms and concepts in the field of Quality and Operations Management
  • Build Capacity models for factories and production facilities
  • Optimize operations through linear optimization procedures
  • Use statistics to understand and visualize business operations
  • Conduct Hypothesis testing including ANOVA and Regression Analysis
  • Create Monte Carlo simulations to forecast and understand complex processes
  • Develop robust quality control methods such as capability analysis and control charting

Course content

7 sections37 lectures7h 36m total length
  • Introduction15:39
  • Basic Production14:58
  • Time14:26
  • Cost, Manpower, Productivity15:02
  • Averages & Standard Deviations13:22
  • Appendix #1.1: Enabling the Data Analysis Tool Pak Add-in2:14

Requirements

  • Basic Math

Description

Do you think you need to learn a new software program to model your business operations through data analysis, optimization, simulations and statistics? You Don't! Everything you need to get started in the world of Operations Modelling is already on your computer in the wonderful application called Excel.


This Course is designed to take students through the fundamentals of operations modelling and management. Starting with foundational topics and vocabulary, we build a robust understanding of what operations are and why they matter to businesses. Then, we focus deeply on several quantitative tools and techniques to help us better understand, manage, forecast and predict how our operations will perform and can be improved.


This course is taught entirely in MS Excel which makes it widely accessible to a number of interested participants without the need to purchase, download, or learn a new program or programming language. In addition to learning key concepts in the world of operations management, quality management, data analysis and operations modelling, you will also increase your proficiency in one of the world's most popular and essential programs in business.


Techniques and tools covered:

Capacity Modelling

Descriptive Statistics

Inferential Statistics

Data Distributions

Regression Analysis

ANOVA

Monte Carlo Simulations

Process Capability

Control Charting

Linear Programming and Optimization

And MUCH MORE!


Please message me if you have any questions!

Who this course is for:

  • Operations Managers
  • Engineers
  • Industrial Engineers
  • MBAs
  • Quality Managers
  • Data Analysts
  • Data Scientists
  • Business Analysts