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MATH375 - Inventory Models and Systems

 

This course introduces students to the basic concepts and application of inventory management, its theory and practice. An understanding of the inventory management theory is essential to operations management, production planning and scheduling, and global supply and demand chain management. Inventory management is the heart of operations management in any industry. On upstream, it will dictate policies and procedures for procurement and material management. Its impact on downstream, especially in meeting the required service level, is a determinant factor in high service level which greatly impacts marketing and financial departments. In this course we introduce quantitative methods of optimal inventory management in the context of operations management, forecasting, BOM, MPS, and ERP.

 

Prerequisites

Corequisites

N/A

Schedule of Classes

Registration Dates Course Dates Session
07/30/18 - 01/04/19 01/07/19 - 03/03/19 Winter 2019 Session B - 8 Week session
09/24/18 - 03/01/19 03/04/19 - 04/28/19 Winter 2019 Session D - 8 Week session
10/29/18 - 03/29/19 04/01/19 - 05/26/19 Spring 2019 Session B - 8 Week session

Course Materials

Previous Syllabi

Book Title: Operations Management, 11th ed - the VitalSource e-book is provided inside the classroom
ISBN: 9781308304557
Publication Info: McGraw-Hill
Author: Stevenson, William
Unit Cost: $206.69
Electronic ISBN: 9781259438981V
Electronic Unit Cost: $35.00