15.764 The Theory of Operations Management
Provides mathematical foundations underlying the theory of operations management. Covers application domains, including inventory management, supply chain management and logistics, behavioral operations, healthcare management, service industries, pricing and revenue management, and auctions. Studies a wide range of mathematical and analytical techniques, such as dynamic programming, stochastic orders, behavioral and experimental economics, algorithms and approximations, data-driven and learning models, and mechanism design. Also provides hands-on experience in how to apply the theoretical models to solve OM problems in concrete business settings. Specific topics vary from year to year.
Lecture occurs 1:00 PM to 2:30 PM on Mondays and Wednesdays in ARRANGED.
This class counts for a total of 12 credits.
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