Capacity and Inventory Management

Uncertainty and variability, forecasting methods, queuing models, capacity pooling, one-period inventory management models (newsvendor), multi-period inventory management models (ordering policy), basic software based analysis methods such as simulation or rapid modelling.

Mode of delivery

face to face

Type

compulsory

Recommended or required reading and other learning resources/tools

Kummer/Grün/Jammernegg (2009): Grundzüge der Beschaffung, Produktion und Logistik, 2. Aufl. Thonemann (2010): Operations Management, 2. Aufl. Taguchi/Clausing (1990): Robust Quality, in: HARVARD BUSINESS REVIEW, 68(1), 65-75. Hauser/Clausing (1988): The House of Quality, in: HARVARD BUSINESS REVIEW, 66(3), 63-73.

Planned learning activities and teaching methods

Presentation, reflection, discussion

Assessment methods and criteria

continuous assessment

Prerequisites and co-requisites

Process and Quality Management, module "Logistik 1"

Infos

Degree programme

Logistics & Transport Management (Bachelor)

Cycle

Bachelor

ECTS Credits

3.00

Language of instruction

German

Curriculum

Part-Time

Academic year

2021

Semester

3 WS

Incoming

Yes

Learning outcome

The graduates will be familiar with the terminology as well as the modelling and analysis of operations management with a focus on process management, quality management, capacity management and inventory management. The graduates will have the competencies and skills to analyse and develop possible solutions (using analytical methods and quantitative models) for operational performance problems. The graduates will be equipped with, in particular the expertise to identify, evaluate and reduce uncertainties and risks in process management, while being able to create protection against them

Course code

0391-11-02-BB-DE-25