Scenario & Sensitivity (Production & Operation Management) labs equips students with a number of tools and techniques used to make decision on Product, Price and Promotion. They include Optimization, Cash Budgeting, Break-Even & Operating Leverage.
Building possible outcome scenarios or measuring outcome’s sensitivity to changes in a given assumption has become a stable feature in the current day decision making. This particular lab deals with its specific applications to productions and operations management.
EXPECTED LEARNING OUTCOME
At the end of the following Labs, students gain mastery over how to build scenarios and measure sensitivity using Microsoft Excel.
One 90 minutes webinar lecture session per each lab
One 90 minutes online doubt solving session per each lab
Access to video lessons for Additional References per each lab
One set of carefully selected problem sets per each lab
Searchable and dedicated discussion Forum thread for each lab
Grading and Overall Feedback video for each lab
3 – 4 Weeks
Conveniently priced on per lab basis for a section of up to 60 students.
2-3 hours per week preferably during evening or weekends.
Laptop with Microsoft Office 2007 or later, OR access to college computer lab, AND bandwidth
Recommended to be used as course companion labs in “Productions and Operations Management” course or as a standalone value adding certification program in MBA level programs.