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 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

Risk pooling strategies and approaches

Putting it all together — what really happens in practice?

27 Final exam