Course Name : Inventory Planning Problems

Degree: Bachelor

Code

Year/Semester

Local Credits

ECTS Credits

Course Implementation, Hours/Week

Course

Tutorial

Laboratory

IND 333

3/1

2,5

5

2

1

0

Department

Industrial Engineering

Instructors

Erkan KIYAK

Contact Information

0216. 5810050-1796

Office Hours

Web page

Course Type

 Elective

Course Language

English

Course Prerequisites

  -

Course Category by Content, %

Basic Sciences

Engineering Science

Engineering Design

Humanities

%

%80

%20

%

Course Description

To understand why and how organizations should keep inventories.

Course Objectives

I. To understand why organization should keep inventory.

II. To analyze the models for known and uncertain demand

III. To gain the fundamental qualifications to forecast demand

Course Learning Outcomes

I. Learn the inventory management basics.

II. Learn models for unknown and certain demands

III. Forecast demand

IV. Learn planning, stocking and some up to date models

Instructional Methods and Techniques

Theoretical studies will be carried out in class room.

Tutorial Place

Co-term Condition

Textbook

Inventory Control and Management 2th Ed.,Donald Waters, WILEY

Other References

Course Notes

Homework & Projects

Various inventory planning models is given as a project. Also, various homeworks can be given to follow up the contemporary ıssues in inventory management

Laboratory Work

Computer Use

Computer usage is nice-to-have virtue.

Other Activities

Assessment Criteria

Activities

Quantity

Effects on Grading, %

Attendance

14

14

Midterm

1

20

Quiz

2

6

Homework

Term Paper/Project

1

10

Laboratory Work

Practices

Tutorial

Seminar

Presentation

1

10

Field Study

Final Exam

1

40

TOTAL

100

Effects of Midterm on Grading, %

20

Effects of Final on Grading, %

40

TOTAL

60

ECTS/

WORKLOAD TABLE

Activities

Count

Hours

Total

Workload

Lecture

14

3

42

Midterm

1

15

15

Quiz

2

5

10

Homework

Term Paper/Project

1

18

18

Laboratory Work

Practices

Tutorial

Seminar

Presentation

1

18

18

Field Study

Final Exam

1

15

15

Total Workload

118

Total Workload/25

4,72

Course ECTS Credits

5

Week

Topics

Course Outcomes

1

Stocks and Inventories

I

2

Stocks within an Organization

I

3

Economic Order Quantity

II

4

Models for Known Demand

II

5

Models for Known Demand

II

6

Models for Uncertain Demand

II

7

Models for Uncertain Demand

II

8

Sources of Information

II,III

9

Forecasting Demand

III

10

Forecasting Demand

III

11

Planning and Stocks

IV

12

Planning and Stocks

IV

13

Material Requirement Planning

IV

14

Just ın Time Production

IV

Program Outcomes

Level of Contribution

1

2

3

a

An ability to apply knowledge of mathematics, science, and engineering

x

b

An  ability to design and conduct experiments, as well as to analyze and interpret data

x

c

An ability to design a system, component or process to meet desired needs

x

d

Ability to function on multi-disciplinary teams

x

e

An ability to identify, formulate, and solve engineering problems

x

f

An understanding of professional and ethical responsibility

x

g

An ability to communicate effectively

x

h

The broad education necessary to understand the impact of engineering solutions in a global and societal context

x

i

A recognition of the need for, and an ability to engage in life-long learning

x

j

A knowledge of contemporary issues

x

k

An ability to use the techniques, skills and modern engineering tools necessary for engineering practice

x

l

Application of administrative skills and knowledge in the business world

x

Course

I

II

III

IV

Outcomes

Programme Outcomes

a

X

X

X

X

b

X

X

c

X

X

d

X

e

X

X

X

f

X

g

X

h

X

X

X

i

X

j

X

X

X

k

X

X

X

X

l

X

Prepared by

Erkan KIYAK

Date

25.07.2018

Signature