Management Science : This course presents a framework for design and control of modern production and inventory systems, and bridges the gap between theory and practice of production and inventory management. The course develops analytical concepts in the area and highlights their applications in manufacturing industry. The course is divided into three segments. The first segment looks at the production planning process and discusses in detail the resource allocation issues. The second segment deals with analysis and operation of inventory systems. The third segment integrates production planning and inventory control and looks at various integrated models for determining replenishment quantities and production lots.
Terms: Summer 2017
Instructors: Dadi Wang (Summer)
Prerequisite (Undergraduate): MGCR 472
**Due to the intensive nature of this course, the standard add/drop and withdrawal deadlines do not apply. Add/drop is the second lecture day and withdrawal is the fourth lecture day.
**Although this course follows a Friday/Saturday/Sunday class schedule pattern from May 12 until May 21, the final exam will only take place on Sunday, June 25, 2017.