Wednesday March 24, 2010 at 5.00pm - Lecture theatre SMB.0.14, Stewart Mason Building
Improving operations management via operational research
Professor Jiyin Liu, Business School
Operations is an essential function for any manufacturing or service organisation.
Operations management is concerned with the planning and effective use of the organisation’s resources to operate the manufacturing or service system.
While general management philosophies provide principles and guidelines for managing the system operations, operational research can help when analysing the actual operations and offering improved solutions to operations management problems.
In this lecture, Professor Liu will demonstrate through examples, the application of operational research techniques in solving various operations management problems in manufacturing and transportation logistics systems.
These include a capacity planning problem for airport ramp services, a quay crane allocation problem at container terminals, and a lot-streaming problem in production.