4923 Supply Chain Planning
Univ.Prof. Mag.Dr. Gerald Reiner
Contact details
Weekly hours
Language of instruction
02/12/19 to 02/20/19
Registration via LPIS
Notes to the course
Day Date Time Room
Wednesday 02/27/19 01:30 PM - 05:00 PM D2.0.030
Wednesday 03/06/19 01:30 PM - 05:00 PM D2.0.030
Wednesday 03/13/19 01:30 PM - 05:00 PM D2.0.030
Wednesday 03/20/19 01:30 PM - 05:00 PM D2.0.030
Wednesday 03/27/19 01:30 PM - 05:00 PM D2.0.030
Wednesday 04/03/19 05:00 PM - 08:30 PM TC.5.04
Wednesday 04/10/19 01:00 PM - 03:30 PM TC.1.01 OeNB

This course covers three planning hierarchies: tactic and operational planning problems in inventory management, and strategic network planning.  It focuses on identifying problem types and finding the most relevant information in the problems in order to formulate the problems to assist decision making. Students are exposed to concepts and models important in inventory planning with emphasis on key trade-offs and phenomena. The following topics are discussed:

  • Single-period inventory modeling: Newsvendor framework
  • Two extensions of Newsvendor
    • Reactive capacity (dual sourcing model)
    • Supply chain coordination 
  • Multi-period inventory modeling
    • Periodic review and base stock policy
    • Continuous review and fix order quantity policy
  • Inventory Pooling effects
  • Strategic network design


    Learning outcomes

    After completion of this course the students are expected to be able to:

    • Understand the inventory planning systems, modeling approaches, and trade-offs among parameters and how they affect the decisions
    • Derive and formulate the given inventory-related problems for different scenarios
    • Interpret results, draw conclusion, and give managerial insight 



    Attendance requirements

    Attendance is required and evaluated per class. Absence with valid reason is permitted

    Teaching/learning method(s)

    Lectures, Assignments, Short-Cases


    In total, 100 points can be reached. They assemble as follows:


    • In-class assignments - 12 points (individual)
    • Home assignments - 39 points (group, max. 2 persons)
    • Final exam - 49 points (individual)


    At the final exam a minimum of 20 points has to be reached in order to pass the course.


    • Excellent (1) from 90
    • Good (2) from 80
    • Satisfactory (3) from 70
    • Sufficient (4) from 60


    Please check the slides for further details!


      Prerequisites for participation and waiting lists

      According to §3, paragraph 9 of WU's "Examination Guideline" the following rule applies:

      If a student does not attend the first session of this course (ill-founded and without written notice of his/her absence), he/she will be signed off from this course. The next attending student on the waiting list receives the now available place. 

      It is not possible to increase the number of participating students over the maximum capacity.  

        1 Author: Gérard Cachon and Christian Terwiesch
        Title: Matching Supply with Demand

        Publisher: McGraw-Hill Singapore
        Edition: 3
        Year: 2013
        2 Author: Sunil Chopra and Peter Meindl
        Title: Supply chain management. Strategy, planning & operation

        Publisher: Springer
        Edition: 6
        Year: 2016
        Recommended previous knowledge and skills

        Basic statistics knowledge

        Availability of lecturer(s)

        Last edited: 2019-02-14