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Required text
[SPP] Silver, Edward, David Pyke, and Rein Peterson. Inventory Management and Production Planning and Scheduling. 3rd ed. New York, NY: John Wiley & Sons, 1998. ISBN: 9780471119470.
Optional texts that you may find useful for your library
[N] Nahmias, Steven. Production and Operations Analysis. 5th ed. New York, NY: McGraw-Hill, 2004. ISBN: 9780071238373.
[CM] Chopra, Sunil, and Peter Meindl. Supply Chain Management. 3rd ed. Upper Saddle River, NJ: Prentice Hall, 2006. ISBN: 9780131730427.
[B] Ballou, Ronald. Business Logistics Management. 5th ed. Upper Saddle River, NJ: Prentice Hall, 2003. ISBN: 9780130661845.
[CT] Cachon, Gerard, and Christian Terwiesch. Matching Supply with Demand: An Introduction to Operations Management. New York, NY: McGraw-Hill, 2005. ISBN: 9780072918991.
Course readings.
| SES # |
TOPICS |
READINGS |
| 1 |
Course introduction and objectives
Concepts and approaches to supply chain uncertainty
|
SPP, chapters 1-2, pp. 3-26. |
| 2 |
Supply chain fundamentals and segmentation analysis |
SPP, chapter 3, pp. 27-66. |
| 3 |
Demand forecasting I: Time series analysis |
SPP, chapter 4, pp. 74-134. |
| 4 |
Demand forecasting II: Causal analysis |
SPP, chapter 4.4.1, pp. 83-85. |
| 5 |
Demand forecasting III: New product forecasting |
Handout |
| 6 |
Demand forecasting IV: Connections to planning and management |
Handout |
| 7 |
Inventory management I: Level demand, EOQ, sensitivity |
SPP, chapter 5.1-5.4, pp. 149-159. |
| 8 |
Inventory management II: EOQ extensions, discounts, exchange curves, etc. |
SPP, chapter 5.5-5.10, pp. 159-182. |
| 9 |
Inventory management III: Time-varying demand (fixed horizon) |
SPP, chapter 6, pp. 198-222. |
| 10 |
Review of probability and statistics using Excel and textbook |
|
| 11 |
Inventory management IV: Probabilistic demand, safety stock |
SPP, chapter 7.1-7.6, pp. 232-252. |
| 12 |
Inventory management V: Backorder costs, implied costs, extensions, A and C items |
SPP, chapter 7.7-7.9 and 7.11, pp. 253-280 and 284-295. |
| 13 |
Problem solving session: Probabilistic demand |
|
| 14 |
Inventory management VI: Special products — fashion, style, and perishable goods |
SPP, chapter 10, pp. 382-404. |
| 15 |
Inventory management VII: MRP and DRP systems |
|
| 16 |
Inventory management VIII: Inventory management and optimization in practice |
Handout |
| 17 |
Supply chain network design |
Handout |
| 18 |
Supply chain contracts |
Handout |
| 19 |
Auctions in supply chain management |
Handout |
| 20 |
Transportation I: Fundamental concepts, strategic networks, connection to inventory planning |
Handout |
| 21 |
Transportation II: Operational network analysis |
Handout |
| 22 |
Transportation III: Routing and scheduling approaches and algorithms |
Handout |
| 23 |
Transportation IV: Shipper perspective — strategies and approaches for design and management |
Handout |
| 24 |
Transportation V: Procurement and use of combinatorial auctions |
Handout |
| 25 |
Transportation VI: Carrier operations and yield management |
Handout |
| 26 |
Risk pooling strategies and approaches
Putting it all together — what really happens in practice?
|
Handout |
| 27 |
Final exam |
|