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EncartaLabs

Quantitative Management

( Duration: 1 Day )

By attending Quantitative Management workshop, delegates will learn to:

  • Be able to maximize profits with a system of constraints
  • Minimize costs within a set of constraints.
  • Minimize shipping costs by optimizing delivery routes
  • Be able to optimize the scheduling of complex projects to avoid costly delays
  • Optimum balance of on-hand inventory that minimizes holding and ordering costs.

  • Basic knowledge of Excel is helpful
  • Most of the math is simple multiplication, addition, subtraction, and division, and is only needed for entering formulas into Excel.
  • This Quantitative Management training course is designed for any manager who wants to increase profits and decrease cost.

COURSE AGENDA

1

Introduction

  • Welcome to Successful Operations Management
  • Adding Solver to EXCEL
2

Forecasting

  • Time Series Forecasting
  • Moving Averages Forecasting
  • Weighted Moving Averages Forcasting
  • Exponential Forecasting
  • Trend Projection
  • Deseasonalized Forecasting
3

Linear Programming

  • What is Linear Programming?
  • Linear Programming With Constraints
  • Cost Minimization Programming
  • Integer Programming
4

Transportation/Distribution Problems

  • Minimizing Shipping Costs
5

Inventory Control

  • Inventory Costs
  • Economic Order Quantity Model
6

P.E.R.T. / Critical Path Analysis

  • PERT

Encarta Labs Advantage

  • One Stop Corporate Training Solution Providers for over 6,000 various courses on a variety of subjects
  • All courses are delivered by Industry Veterans
  • Get jumpstarted from newbie to production ready in a matter of few days
  • Trained more than 50,000 Corporate executives across the Globe
  • All our trainings are conducted in workshop mode with more focus on hands-on sessions

View our other course offerings by visiting https://www.encartalabs.com/course-catalogue-all.php

Contact us for delivering this course as a public/open-house workshop/online training for a group of 10+ candidates.

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