If necessary due to COVID-19 Measures, this class will not be held at WU Campus. Instead it will be held as complete distance mode.
The classes' contents will be dealt with in a combination of lecturecasts (asynchronous) together with Chat-Sessions and In-Class Assignments.
In case this scenario happens, the classes will be held at the following dates and times:
Th., 26. Nov. 2020 12:30 15:15 (Chat 12:30-14:30, ICA 14:30-15:05)
Th., 3. Dez. 2020 12:30 15:15 (Chat 12:30-14:30, ICA 14:30-15:05)
Th., 10. Dez. 2020 12:30 15:15 (Chat 12:30-14:30, ICA 14:30-15:05)
Th., 17. Dez. 2020 12:30 15:15 (Chat 12:30-14:30, ICA 14:30-15:05)
Tu., 22. Dez. 2020 12:30 15:15 (Chat 12:30-14:30, ICA 14:30-15:05)
Attendance in the chat-sessions is not compulsory but the in-class assignments have to be submitted within the announced time slots.
The final exam will take place on campus on Monday, January 11 2021, 13:00-15:30.
In case of any short-term changes you will be duly informed.
The course provides an introduction to operational management in production industries. The basics of inventory and quality management, and supply chain planning are introduced. The following topics are covered.
- Demand Planning and Forecasting
- Inventory control using Newsvendor model
- Multi-period inventory control
- Aggregate Planning
- Short term production planning; Lot Sizing and Scheduling
After successful completion of the module, students will be able to
- analyze basic inventory control problems and apply appropriate control policies
- apply and evaluate common production planning techniques
- explain the limitations of various supply chain planning methods in a problem context
Attendance of at least 80% of the classes is necessary to fulfill the requirements.
The final mark is composed of:
- Homework assignment (group work), 25%
- In-class assignment (individual) 15%
- Exam (individual) 60%
We require that at least 50% are reached from each of the individual parts (in-class assignments and exam), and at least 60% is reached in total. Additionally attendance is mandatory: no more than one session may be missed.
According to WU's examination regulations, §3, Abs. 9, the following rule applies:
If a student does not attend the first session of a PI course without giving prior notice of his/her absence, he/she will be unsubscribed from the course. The next (present!) student from the waiting list will be enrolled thereafter.
There can only be as many students enrolled in the course as the maximum allowed number of participants.