Operations Research & Analysis
Timeline
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January 14, 2018Experience start
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January 29, 2018Project Scope Meeting
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March 5, 2018Midway Check In
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April 2, 2018Experience end
Timeline
-
January 14, 2018Experience start
-
January 29, 2018Project Scope Meeting
Meeting between students and organization to confirm: project scope, communication styles, and important dates.
-
March 5, 2018Midway Check In
Meeting between students and organization to ensure that progress is on track halfway through completion.
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April 2, 2018Experience end
Experience scope
Categories
Operations Project managementSkills
operations management operations research presentation skills simulation data optimizationStudents will apply operations research tools (e.g., optimization, dynamic programming, simulation) to recommend improvements to your business operations, with the aim of increasing efficiency.
Learners
The final project deliverables are:
- A 10-page report (provided by March 26)
- A 15 minute presentation (10 minute summary and 5 minutes of questions), which industry partners can attend by Skype, if preferred (approximately April 2, date to be confirmed)
Project timeline
-
January 14, 2018Experience start
-
January 29, 2018Project Scope Meeting
-
March 5, 2018Midway Check In
-
April 2, 2018Experience end
Timeline
-
January 14, 2018Experience start
-
January 29, 2018Project Scope Meeting
Meeting between students and organization to confirm: project scope, communication styles, and important dates.
-
March 5, 2018Midway Check In
Meeting between students and organization to ensure that progress is on track halfway through completion.
-
April 2, 2018Experience end
Project Examples
Requirements
Working in groups of 5, undergraduate business students in their 4th year will apply quantitative tools and applied methodologies from operations research to analyze your business with the goal of improving operational processes and service delivery.
Students can apply their knowledge to virtually any area within your business's operations. They will use various tools from operations research (e.g., linear, nonlinear and stochastic optimization, goal programming, deterministic and dynamic programming, decision analysis, simulation) to identify areas where your processes can be improved or your operations streamlined.
This outside perspective can provide insights that will allow your business to increase operational efficiency, improve the quality and consistency of your business's products or services, and decrease risk in your operations.
Possible areas of focus include, but are not limited to:
- Transportation and Routing
- Inventory Management
- Aggregate Planning
- Asset Allocation
- Employee Scheduling
- Targeted Advertising
- Energy Management
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Timeline
-
January 14, 2018Experience start
-
January 29, 2018Project Scope Meeting
-
March 5, 2018Midway Check In
-
April 2, 2018Experience end
Timeline
-
January 14, 2018Experience start
-
January 29, 2018Project Scope Meeting
Meeting between students and organization to confirm: project scope, communication styles, and important dates.
-
March 5, 2018Midway Check In
Meeting between students and organization to ensure that progress is on track halfway through completion.
-
April 2, 2018Experience end