About this course
Supply chains are complex systems involving multiple businesses and organizations with different goals and objectives. Many different analytical methods and techniques are used by researchers and practitioners alike to better design and manage their supply chains. This business and management course introduces the primary methods and tools that you will encounter in your study and practice of supply chains. We focus on the application of these methods, not necessarily the theoretical underpinnings.
We will begin with an overview of introductory probability and decision analysis to ensure that students understand how uncertainty can be modeled. Next, we will move into basic statistics and regression. Finally, we will introduce optimization modeling from unconstrained to linear, non-linear, and mixed integer linear programming.
The Office of Foreign Assets Control (OFAC) has restricted access of these courses to any learners living in Cuba or Iran. The only exception is that learners in Iran may take SC0x, but no other classes. This is not a ruling that MITx, edX, or the course staff may overrule or change.
What you'll learn
- Basic analytical methods
- How to apply basic probability models
- Statistics in supply chains
- Formulating and solving optimization models
Length: 8 weeks
Effort: 8-12 hours per week
Subject: Business & Management
Video Transcripts: English
For more official information click "Further official information" below.