Diploma in Production and Operation Management

The free online course on the role of production and operation management in an organization, and program forecasting.

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Learning Outcomes

In this free course, you will learn how to:

Discuss the concept of manufacturing and sources of wealth creation
Identify the typical phases of product design development
Explain the concept of time series forecasting and various forecasting models
Identify the classification of exponential smoothing models
Discuss the concept of regression analysis and developing the regression equation
Discuss the concept of material requirements planning and MRP inputs
Explain the concept of lot sizing and various models of lot sizing
Explain the cost of quality and the evolution of quality management
Explain the concept of process capability analysis and the capability index
Discuss the concept of six sigma and the components of six sigma
Explain network analysis using PERT and CPM, as well as their distinctions

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