ECONOMICS AND FINANCE
Bachelor	TR-NQF-HE: Level 6	QF-EHEA: First Cycle	EQF-LLL: Level 6

Course Introduction and Application Information

Course Code	Course Name	Semester	Theoretical	Practical	Credit	ECTS
LOG3711	Logistics Operations Management	Fall	3	0	3	5

This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester.

Basic information

Language of instruction:	English
Type of course:	Non-Departmental Elective
Course Level:	Bachelor’s Degree (First Cycle)
Mode of Delivery:	Face to face
Course Coordinator :	Prof. Dr. YAVUZ GÜNALAY
Course Lecturer(s):	Dr. Öğr. Üyesi LEVENT AKSOY
Recommended Optional Program Components:	none
Course Objectives:	Students are exposed to different processes seen in logistics operations, and their importance both at the strategic and operational levels. Differences as well as similarities among manufacturing and service operations are discussed. Basic management tools used at the operational level of logistics institutions are presented. Moreover, students are asked to prepare a team project on one of the course topics of their choice.

Learning Outcomes

The students who have succeeded in this course;
I. Be familiar with the basic Operations Management terminology, and describe the similarities and differences of goods and service operations
II. Define Mission-Strategy relationship and describe operations/production strategies.
III. Define logistics operations.
IV. Identify different location and distribution models and compare them.
V. Identify logistics and supply chain networks
VI. Define supply chain and why bullwhip effect occurs.
VII. Define capacity and aware of different capacity management models.
VIII. Be familiar of benefits and risks of inventory and inventory management techniques.
IX. Define waste and lean production.
X. Describe quality and different quality management tools.

Course Content

Description of Operations Management and Operations Strategy. Discussion of basic topics in logistics operations, such as design of supply networks, location and layout, capacity management, inventory management, lean management, and quality.

Weekly Detailed Course Contents

Week	Subject	Related Preparation
1)	What is operations? Importance of Operation Management.
2)	Mission-Goal-Strategy. Operations strategy.	Pre-reading
3)	Performance of operations.	Pre-reading
4)	Design of services and goods.	pre-reading
5)	Process design.	Pre-reading
6)	Decision of location and layout	Pre-reading
7)	Supply chain management.	Pre-reading
8)	Capacity management.	Pre-reading
9)	Review
10)	Inventory management.	Pre-reading
11)	Planning, scheduling and ERP	pre-reading
12)	Lean management.	Pre-reading
13)	Quality management.	Pre-reading
14)	Operations improvement and review

Sources

Course Notes / Textbooks:	Russell and Taylor, Operations Management,: Creating Value along the Supply Chain, 7th Ed., Wiley, 2011. (ISBN:9780470646236)
References:	Stevenson W. L., Operations Management, 9th Ed., McGraw Hill, 2007. Heizer, J, and B. Render, Operations Management, 10h Ed., Pearson Education, 2011. (ISBN:0-13-607366-2)

Evaluation System

Semester Requirements	Number of Activities	Level of Contribution
Attendance	10	% 10
Quizzes	7	% 10
Project	1	% 25
Midterms	1	% 25
Final	1	% 30
Total		% 100
PERCENTAGE OF SEMESTER WORK		% 45
PERCENTAGE OF FINAL WORK		% 55
Total		% 100

ECTS / Workload Table

Activities	Number of Activities	Workload
Course Hours	14	42
Study Hours Out of Class	14	64
Presentations / Seminar	4	12
Midterms	1	2
Final	1	2
Total Workload		122

Contribution of Learning Outcomes to Programme Outcomes

No Effect	1 Lowest	2 Low	3 Average	4 High	5 Highest

	Program Outcomes	Level of Contribution
1)	Build up a body of knowledge in mathematics and statistics, to use them, to understand how the mechanism of economy –both at micro and macro levels – works.	3
2)	Understand the common as well as distinctive characters of the markets, industries, market regulations and policies.	2
3)	Develop an awareness of different approaches to the economic events and why and how those approaches have been formed through the Economic History and understand the differences among those approaches by noticing at what extent they could explain the economic events.	1
4)	Analyze the interventions of politics to the economics and vice versa.	3
5)	Apply the economic analysis to everyday economic problems and evaluate the policy proposals for those problems by comparing opposite approaches.	2
6)	Understand current and new economic events and how the new approaches to the economics are formed and evaluating.	2
7)	Develop the communicative skills in order to explain the specific economic issues/events written, spoken and graphical form.	3
8)	Know how to formulate the economics problems and issues and define the solutions in a well-formed written form, which includes the hypothesis, literature, methodology and results / empirical evidence.	2
9)	Demonstrate the quantitative and qualitative capabilities and provide evidence for the hypotheses and economic arguments.	2
10)	Understand the information and changes related to the economy by using a foreign language and communicate with colleagues.	3