Syllabus

Title
4683 Supply Chain Planning
Instructors
Adhurim Imeri, MSc (WU)
Contact details
  • Type
    PI
  • Weekly hours
    2
  • Language of instruction
    Englisch
Registration
02/14/22 to 03/03/22
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Thursday 03/10/22 08:00 AM - 11:30 AM TC.3.09
Thursday 03/17/22 08:00 AM - 11:30 AM TC.5.14
Thursday 03/24/22 08:00 AM - 11:30 AM D4.0.133
Thursday 03/31/22 08:00 AM - 11:30 AM TC.5.14
Thursday 04/07/22 08:00 AM - 11:30 AM TC.3.10
Thursday 04/21/22 08:00 AM - 11:30 AM TC.5.14
Thursday 04/28/22 09:00 AM - 12:30 PM TC.1.02
Thursday 05/05/22 08:00 AM - 10:30 AM TC.2.01
Thursday 05/12/22 12:00 PM - 02:00 PM TC.4.17

Contents

This course covers three planning hierarchies: tactic and operational planning problems in inventory management, and strategic network planning.  It focuses on identifying the most relevant information needed to assist decision making related to supply chain planning in a continuous environment. Students are exposed to concepts and models important in inventory planning with emphasis on practically relevant trade-offs and phenomena. The following topics are discussed:

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

    Learning outcomes

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

    • Formulate strategic network design models
    • Understand inventory planning systems, modeling approaches, and trade-offs among parameters and how they affect decision making
    • Derive and formulate the given inventory-related problems for different scenarios
    • Interpret results, draw conclusion, and give managerial insights 

    Attendance requirements

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

     

     

    Teaching/learning method(s)

    Lectures, Assignments, Short-Cases

    Assessment

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

    Individual assignments incl. class participation: 20
    Group assignments (max. 2 persons): 30
    Final exam (individual): 50

     

    At the final exam a minimum of 20 points (out of 50) 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

     

    Further details will be discussed in the opening session!

    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.  

    Readings

    1 Author: Gérard Cachon and Christian Terwiesch
    Title:

    Matching Supply with Demand


    Publisher: McGraw-Hill Singapore
    Edition: 3
    Year: 2013
    Content relevant for class examination: Yes
    2 Author: Sunil Chopra and Peter Meindl
    Title:

    Supply chain management. Strategy, planning & operation


    Publisher: Springer
    Edition: 6
    Year: 2016
    Content relevant for class examination: Yes

    Recommended previous knowledge and skills

    Basic statistics knowledge

    Availability of lecturer(s)

    Anytime via e-mail or teams chat; adhurim.imeri@wu.ac.at

    On a mutually agreed time slot for meetings in person.

    Last edited: 2022-02-21



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