For products with a short life cycle — including items like fresh food, fashion, and even hightech products — supply chain managers often have to make a one-shot decision for production quantity to meet the demand over the entire selling season, which could vary from a day to a few months.

In this course, you will examine how to determine the optimal production quantity for products with a short life cycle, assuming there is no resource capacity constraint. You will then explore how to optimally allocate the production capacity among multiple items when there is a limited resource capacity available. You will also discover how to determine the optimal production sequence if more accurate demand information can be obtained at a later time. Finally, you will discuss how to improve supply chain efficiency through various operations strategies, adding to your toolkit of practical knowledge for your organization and beyond.

The following courses are required to be completed before taking this course:

• Forecasting Supply Chain Demand
• Optimizing Inventory Management