The emphasis will be on developing the students' understanding of important issues and techniques in production and operations. This will be accomplished by motivating the theory, illustrating it with examples, and by having the students carefully solve selected homework problems. Silver, E., Pike, D., and Peterson, R. Inventory Management and Production Planning and Scheduling. Nahmias, S. Production and Operations Analysis, Third Edition, Irwin, 1997. Pinedo, M. Scheduling, Theory, Algorithms, and Systems, Prentice Hall, 1995.
Exercises are due one week after they are assigned.
Exercises can be done in teams of up to four students. Two hours and 30 minutes. The solvers available with QuattroPro or Excel spreadsheets are adequate for our purposes. The Joint Replenishment Problem and the Economic Lot Scheduling Problem. June 8 Production Planning with Time-Varying Demand with Economies and Diseconomies of Scale.