OPM 582: Case Studies in Operations Management: Unlocking the Power of AI

Contents
In this course, participants will have the opportunity to complete an OM-related case study in a team, using an analytics-oriented approach for deriving recommendations. The main actor / decision maker in the case study may face an organization showing poor performance e.g. due to operational problems, or has to make strategic market-related decisions subject to challenging resource constraints. The managerial decisions ahead are often very complex, involving many alternatives with different impact, and trade-offs between key performance measures (e.g., profit, cost, quality, and environmental impact) must be made.
This course reviews managerial concepts and advanced analytical tools to help make more informed decisions and manage operations more effectively such that they are aligned with the overarching strategic objectives. In particular, teams will explore the theory by applying it to various cases studies of firms covering a broad range of industries, such as trans­port, retailing, hospitality, health care, professional services, manufacturing, etc. If the case allows, the approach to derive your recommendations can be analytics-based, using models and software such as state-of the-art spreadsheet tools to analyze the firm’s situation, identify root causes of the problem, and assess alternative courses of action. The concepts, methods and tools used in the course have become invaluable aids to informed decision making in order to improve processes, save resources, and create value.
The overarching theme of the cases may have a special contemporary focus (e.g. Revenue Management, Artificial Intelligence, or Sustainable Operations) and will vary from year to year. Details will be announced in the syllabus (published in the OPM582 ILIAS course in due time). Case topics will be allocated during the course based on student preferences. Students will work in teams of two on the assigned case.

Learning outcomes
Students will intensify their understanding of operations management by applying concepts and analytical tools in a broader, interdisciplinary and strategic context to practical case studies.
The course should be useful for anyone with an intention of going into consulting, industry (service or manufacturing), or with a desire to set up their own business.

Necessary prerequisites
This course is an OPM5xx core course from the Operations Management area and has no prerequisites.
(As a core course, it serves as prerequisite for OPM6xx courses).

Recommended prerequisites
Participants should be familiar with the fundamentals of operations management.

Examiner Performing lecturer

Prof. Dr. Cornelia Schön Prof. Dr. Cornelia Schön