Course Meeting Times
Lectures: 2 sessions / week, 1.5 hours / session
Prerequisites
A course in probability.
Grading
The assignments and projects account for 100% of the final grade.
Course Textbook
Simchi-Levi, David, Xin Chen, and Julien Bramel. The Logic of Logistics: Theory, Algorithms, and Applications for Logistics and Supply Chain Management. 2nd ed. New York, NY: Springer, 2004. ISBN: 9780387221991.
Additional References
Lemm, Jeffery M. Handbook in Operations Research and Management Science. Vol. 4, Logistics of Production and Inventory. Edited by S. C. Graves, A. H. G. Rinnooy Kan, and P. H. Zipkin. Amsterdam, Netherlands: North Holland Publishing, 1993. ISBN: 9780444874726.
Graves, S. C., and A. G. De Kok, eds. Handbook in Operations Research and Management Science. Vol. 11, Supply Chain Management. Amsterdam, Netherlands: Elsevier Publishing Company, 2003. ISBN: 9780444513281.
Simchi-Levi, David, S. David Wu, and Zuo-Jun Shen, eds. Handbook of Quantitative Supply Chain Analysis: Modeling in the E-Business Era. New York, NY: Springer, 2004. ISBN: 9781402079528.
Calendar
| SES # | TOPICS | KEY DATES |
|---|---|---|
| 1 | Introduction and overview | |
| 2 | Single-warehouse, single-product deterministic inventory models: Constant demand, infinite horizon | |
| 3 | Single-warehouse, single-product deterministic inventory models: Constant demand, finite horizon | |
| 4-5 | Single-warehouse, multi-product inventory model | Assignment 1 due (Ses #4) |
| 6-8 | Single-warehouse, multi-retailer models | Assignment 2 due (Ses #7) |
| 9 | Guest lecture | |
| 10-11 | Time-varying demand | Assignment 3 due (Ses #10) |
| 12 | Stochastic inventory models: Newsvendor models | |
| 13-14 | Supply contracts | |
| 15-16 | Stochastic inventory models: Multi-period, finite horizon | Case study due (Ses #16) |
| 17-18 | Pricing models | Assignment 4 due (Ses #17) |
| 19 | Guest lecture | |
| 20-21 | The bullwhip effect | Assignment 5 due (Ses #20) |
| 22 | Guest lecture | |
| 23 | Green logistics | |
| 24 | Vendor-managed inventory | |
| 25 | Project presentations |