Lecture Notes for Operations Management, 2nd Edition

Lecture Notes for Operations Management, 2nd Edition captures key lecture discussions, ensuring you don�t miss important concepts and insights.

Benjamin Clark
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Chapter 1 Teaching Plan

Introduction to Operations Management

Specific Learning objectives

LO1-1: Identify the drivers of customer utility

LO1-2: Explain inefficiencies and determine if a firm is on the efficient frontier

LO1-3: Explain the three system inhibitors

LO1-4: Explain what work in operations management looks like

LO1-5: Articulate the key operational decisions a firm needs to make to match supply with demand

What Students Learn in this Chapter

This chapter is the beginning of the book, and most likely the corresponding session is the first session in
the student’s first exposure to operations management. The goal of the session is for students to gain
some appreciation of the type of operational decisions that a business has to make and to provide them
some idea of what it will take to make these decisions well.

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