On successful completion of this course, student will be able to: Use forecasting techniques to forecast demand (e.g. exponential smoothing, regression); Apply aggregate planning models; Use basic deterministic and stochastic for inventory problem solving (e.g. EOQ, (Q,R), (s,S)); Use material requirements planning models including lot sizing for MRP (using Wagner-Whitin and heuristic methods) based on basic capacity planning concept in a manufacturing system; Explain kanban, CONWIP, other pull systems, and the principles of “factory physics,” (how to use formulas for estimating cycle time, WIP and variability levels and its influence); Apply job shop scheduling methods.
- Production/Operations Management;
- Aggregate Planning;
- Inventory Control Subject to Known Demand;
- Inventory Control Subject to Uncertain Demand;
- Supply Chain Management;
- Warehousing System;
- Push and Pull Production Control System: MRP, JIT;
- Operations Scheduling;
- Personnel Scheduling;
- Project Scheduling;
- Facilities Layout and Location;
- Reliability and Maintainability.
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