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Excel 2016: Business Process Analysis

Offered By: LinkedIn Learning

Tags

Batch Processing Courses Inventory Management Courses

Course Description

Overview

Learn how to evaluate business processes using Excel 2016. Identify capacity, bottlenecks, underutilized resources, optimum batch size, order quantities, and more.

Syllabus

Introduction
  • Welcome
  • What you should know before taking this course
  • Using the exercise files
1. Introducing Process Flows
  • Draw process flow diagrams
  • Determine time for a unit to move through a process
  • Calculate process capacity and identify bottlenecks
  • Calculate process characteristics using Little’s Law
  • Determine inventory turns and per-unit costs
2. Determining Process and Resource Utilization
  • Determine cycle time and idle time
  • Calculate labor content and cost
  • Calculate utilization levels for a single resource
  • Calculate process utilization
  • Calculate implied utilization
3. Analyzing Batch Processes
  • Determine capacity given a specific batch size
  • Calculate the optimal batch size for a process
  • Calculate optimal batch sizes for multiple products
4. Calculating Optimal Order Quantities
  • Calculate an economic order quantity (EOQ)
  • Calculate orders per year and time between orders
  • Calculate effects of lead time
  • Determine increased cost of constrained purchases
  • Examine impact of quantity discounts
  • Calculate production order quantities
Conclusion
  • Next steps

Taught by

Curt Frye

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