Inventories & production control planning (II)

Major Topics:

1. Introduction                                                                                                                       

          1-1- Inventory

           1-2- Types of Inventories

           1-3- Organizational Categories and Inventory Problems

           1-4- Inventory Costs

           1-5- Types of Inventory Systems

2- Production Planning

          2-1- The Process of Production Planning

          2-2- Determination of Production Rate

          2-3- Multi-Product Production Planning

          2-4- Production Planning: Constant Workforce

          2-5- Production Planning: Variable Workforce

3- Ordering Policy Planning

         3-1- Dynamic Demand

         3-2- Time-Dependent Discount

         3-3- Special Order

4-Probabilistic Models

         4-1- Variable Lead Time

         4-2- Optimal Safety Stock

         4-3- r* & Q* determination: Backorder Case

         4-4- r* & Q* determination: Lost Sale Case

         4-5- r* & Q* determination: Hybrid Case

5- Inventory Systems

        5-1- Base Stock System

        5-2- Fixed Order Interval Systems

6- Material Requirement Planning

7- Multi Echelon Inventory Control

Prescribed Text:

1-      "Inventory control", by Love, 1979

2-      "Principle of inventory & material management", by Tersine, 1994

3-      "Inventory management & production planning & scheduling", by Silver, Peterson & Pyke, 1998