IE518 QUANTITATIVE MODELS IN SUPPLY CHAIN MANAGEMENT

Course Code:5680518
METU Credit (Theoretical-Laboratory hours/week):3 (3.00 - 0.00)
ECTS Credit:8.0
Department:Industrial Engineering
Language of Instruction:English
Level of Study:Graduate
Course Coordinator:Assoc.Prof.Dr. SEÇİL SAVAŞANERİL TÜFEKCİ
Offered Semester:Fall or Spring Semesters.

Course Objectives

At the end of the course, the students will be able to

1- comprehend the strategic issues in design, planning and operation of the supply chains.

2- understand the concepts and tools for design of supply chain networks.

3- get acquainted with the models that are used for inventory planning problems in supply chains.


Course Content

Decision-making and information management issues in supply chains with emphasis on integrating procurement, operations, and logistics; stages from raw materials to customer demand, with emphasis on quantitative models of supply chain.


Course Learning Outcomes

1.1 Describe the basic factors that affect the supply chain design

1.2 Describe how a company achieves strategic fit between supply chain and competitive strategies

1.3 Define the key supply chain perfomance measures and relate the design decisions to the measures

2.1 Construct mathematical models for network design considering the factors influencing the decisions

2.2 Identify the relevant issues in design of public sector supply chain networks

2.3 Develop an understanding of solution methods for supply chain network design problems

3.1 Identify the components of and assumptions in supply chain inventory planning

3.2 Construct mathematical models for single and multi-echelon inventory planning problems

3.3 Construct mathematical models for inventory problems in centralized and decentralized systems

4.1 Model and analyze the factors contributing the bullwhip effect and identify the remedies

4.2 Identify the major conflicting objectives among the supply chain actors

4.3 Define common supply contracts

4.4 Formulate the interrelated decisions made by different actors under a contract