You will learn how to formulate models that either minimize costs or meet a specified level of service. (will vary by student). For virtual test-takers, Windows XP and Microsoft Surface laptops, and mobile devices or tablets do not work with the virtual proctoring software. Please refer to the practice problems, quick questions, and graded assignments for solutions and detailed explanations, and Key Concepts Document in the course to review core concepts taught in each course. The person who purchases for the group will receive coupon codes to distribute to your employees taking the course. Midterms take place in week 6 and finals in week 12. (Sample proctored trial tests are offered in advance of the CFx called "Onboarding exam") Please see the instructions for the Onboarding exam. There are five online courses required to complete the MITx MicroMasters program credential in SCM: To be eligible for the MicroMasters program credential, you must earn a Verified Certificate in each course. Flexibility and robustness are also discussed. WEEK 11: Week Off (preparation for FINAL EXAM) A free week to give you all a time to breathe! Course staff will notify and enroll qualified learners when they become eligible. WEEK 10: TRANSPORTATION MANAGEMENT: This week you will focus on understanding the fundamentals of freight transportation from a global perspective. WEEK 9: Risk Management & Resilience: Professor Yossi Sheffi explains the different causes of disruption. You will also be introduced to linear programs (LPs) for constrained problems. In the second lesson, Dr. Bateman will explore a case that will bring together many of the lessons you have learned in this course including how to work with big data, supply chain systems, platform interoperability, and track & trace in their interest of supply chain visibility. PRESCRIPTIVE MODELING II: IPS, MILPS, AND NETWORK MODELS: In this week we extend our discussion of constrained optimization to include integer programming (IP), mixed integer linear programming (MILP), and network models. The impact of one firm's decisions on another firm's costs, for example, are not always known ahead of time. WEEK 8: SUPPLY CHAIN FINANCE I: Jim Rice will draw the connections between supply chains and accounting. MANAGING UNCERTAINTY: DISTRIBUTIONS AND PROBABILITY: In this week, we introduce the added complexity of uncertainty (or stochasticity) to our analysis. It is a separate stand-alone professional certificate offered by MITx and delivered by edX. The tuition for the Blended SCM Masters degree at Cambridge has not been set yet, but will likely be somewhat more than 50% of the tuition for the 10-month SCM Masters degree (currently at US$65,446 plus student life fee and medical insurance). Program enrollment allows you to purchase the five courses and comprehensive final exam as one package at a 10% discount. Course instructors advise against taking two courses at the same time, except in the case of Supply Chain Analytics - SC0x which is always open. (Read more about exams and verification below.). LPs are the most commonly used models for decision making in supply chains. Many of our courses feature "live events", when instructors and guests appear live on video for interactive sessions. Combine your MicroMasters Credential with on-campus work at MIT to earn a Master of Engineering in Advanced Manufacturing and Design degree. (no additional software will be required or allowed for the CFx). Yes, you may repeat a course as many times as you wish. WEEK 5: PREP WEEK: This is a prep week in which no new graded assignments will be released. An edX MicroMasters is an online program with courses that cover 25% to 50% of a university's master's degree curriculum for a lower cost.. MicroMasters are designed as a … It provides you time to complete previous assignments and get ready for the midterm next week. Midterm and Final Exams are pure assessments. Most people will take the CFx virtually from their own computer. Funding is available to Norwegian students and those with strong ties to Norway who are accepted into post-graduate degree programs. Each run of SC0x will have a final exam on a date set by the course team.The course will close briefly after each scheduled final exam and learners can enroll in the next run of the course if needed. Traditional (SCM) – requires 10 months of full-time residence with matriculation in August and graduation in May. Once you pass all five courses as a paid verified learner you will be invited to the CFx Comprehensive Final Exam (see below). You have one week to complete the test. Professor Yossi Sheffi then introduces and reviews supply contracts. You will learn the basics as well as how to handle special cases, such as discounts, lead times, and finite replenishment. You can learn more and find out if you qualify here. Course enrollments are open to anyone, anywhere with an internet connection. Additionally, in the application process, applicants will need to submit some additional material – such as, transcript of an undergraduate degree, a resume, an essay, and a thesis project proposal. The admissions deposit is non-refundable and will be applied to first semester tuition. You have as many number of weeks as you may need to review the materials and practice problems. I am currently completing the Supply Chain MicroMasters (SCx) from MIT. He will provide a brief interview of the major accounting concepts relevant to supply chains to include Activity Based Costing (ABC), Working Capital, and the Cash-to-Cash conversion cycle. It is the reference course for all the others and so remains available as needed almost continually. Employers recognize it for providing deep learning in … You will learn how to use descriptive, predictive, and prescriptive models in making supply chain decisions. Questions will be a mix of multiple-choice, fill in the blank, and short answer. It is very different from prescriptive (optimization) models that makes recommendations. The tuition for the Blended SCM Masters degree at Cambridge has not been set yet, but will likely be somewhat more than 50% of the tuition for the 10-month SCM Masters degree (currently at US$65,446 plus student life fee and medical insurance). If you are interested in the MITx MicroMasters program credential - you must successfully pass and receive a Verified Certificate in each of the five SCx courses (CTL.SC0x, CTL.SC1x, CTL.SC2x, CTL.SC3x, and CTL.SC4x). To verify in SC1x-SC4x you need to pay the verification fee by the end of the third week of each course. In these cases, approximation methods can be applied quite successfully. WEEK 12: FINAL EXAM: The final exam is a timed exam that covers all material presented to date. This completes the demand forecasting portion of the course. The MicroMasters program credential requires a learner to successfully pass five rigorous online courses in supply chain management and also pass a proctored comprehensive final exam. WEEK 8: Supply Chain Systems II: Supply Chain Visibility and track & trace: In this week you will learn about track and trace systems and the importance of visibility in supply chains. 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