ISE 513
INVENTORY SYSTEMS
Spring 2018
TEXT:Inventory and Production Management in Supply Chains by E. Silver, D. Pyke, and D. Thomas, Fourth Edition, Taylor & Francis, 2017.
INSTRUCTOR:Maged M. Dessouky
OHE 310M
Phone: (213) 740-4891
Office Hours:Monday, 11:30 -12:30 p.m.,
Wednesday, 11:30 - 12:30 p.m.,
or by appointment
email:
TA:Shichun Hu
GER 309
email:
Office Hours:Tuesday, 10:00- 11:00 a.m.,
Thursday, 10:00– 11:00 a.m.
or by appointment
TIME:MW, 10:00 a.m. - 11:15 a.m.
PLACE:VKC157
PREREQUISITE:none
FINAL EXAM:Monday, May 7, 2018, 8:00 a.m. - 10:00 a.m.
OBJECTIVE:
The course covers forecasting and inventory systems. The emphasis of the course is in
implementing effective inventory systems to industrial applications and in conducting
research in the area. A prior knowledge of operations research and probability theory is
assumed.
POLICY AND GRADING:
The final course grade will be determined by the following weights:
Homework (bi-weekly)15%
Midterm Exam35%
Final Exam50%
COURSE OUTLINE:
- Introduction to Inventory Management (Chapters 1 and 2)
- Forecasting (Chapter 3)
- Constant Demand Models (Chapter 4)
- Time Varying Demand Models (Chapter 5)
- Materials Requirements Planning (Chapter 15)
- Probabilistic Demand Models (Chapter 6)
- Decision Rules for A items (Chapters 7 and 8)
- Decision Rules for C items (Chapter 8)
- Decision Rules for Style Goods and Perishable Items (Chapter 9)
- Coordinated Replenishments (Chapter 10)
- Multi-Echelon Inventory Systems (Chapter 11)
The Department of Industrial and Systems Engineering adheres to the University's policies and procedures governing academic integrity as described in SCampus. Students are expected to be aware of and to observe the academic integrity standards described in SCampus, and to expect those standards to be enforced in this course.
Students with Disabilities:
Any Student requesting academic accommodations based on a disability is required to register with Disability Services and Programs (DSP) each semester. A letter of verification for approved accommodations can be obtained from DSP. Please be sure the letter is delivered to me (or to TA) as early in the semester as possible. DSP is located in STU 301 and is open 8:30 a.m. - 5:00 p.m., Monday through Friday. The phone number for DSP is (213)740-0776.