Module Overview

Operations & Business Management

This module has three aims:1. To enable the student to formulate a wide range of problems that can expressed as linear programming problems.2. To enable the student to solve linear programming problems using a variety of special methods.3. To develop an understanding of the commercial and managerial aspects of developing new projects

Module Code

OMAN H3001

ECTS Credits


*Curricular information is subject to change

Formulate Linear Programming Problems

Introduction to variables, constraints and objectives .Turning information into sets of Constraint equations. Classical examples.

2 Variable Problems

Two dimensional problems and their graphical solution. Integer Programming in 2D. Feasible region, binding constraints and scarce resources. Sensitivity analysis.

Transportation Problems%

Formulation as LP problem. The VAM solution. The Stepping Stone and Modified Distribution Method for optimal solution. Non-unique solutions. Unbalanced problems, unallowed routes, penalty costs, degeneracy.

Assignment Problems

Formulation as an LP problem. The Hungarian Method of solution. Non- unique solutions. Unbalanced problems, unallowed allocations.

New Business Development

Mechanisms for business start-up. Preparation of a feasibility study. The business plan

Product Development

Types of Product Development, Risks and Rewards. Stages of product development. Sources of data, technical assistance, technology and consultants.

Business Planning and Cost Analysis

Cost analysis; overheads and direct costs, cost allocation and accumulation, absorption costing. Calculating cost centre overhead rates. Product costing

Competitive Analyis

Analysis of Company Capablity. Diagnosis of Strenghts, Weaknesses, Opporutnities Threats (SWOT). Political, Economic, Social, Technological (PEST) analysis

Introduction to Project Management

Introduction : Projects vs Operations, Principle of Progressive Elaboration; typical project lifecycle, stakeholders expectations vs. requirements, general management functions of project managerProject management Processes : generic project management processes, inputs,outputs, knowledge,skills, tools and techniques; Initiation, Planning, Executing,Controlling,Closing

Module Content & Assessment
Assessment Breakdown %
Other Assessment(s)30
Formal Examination70