BA 411
PRODUCTION PLANNING AND INVENTORY CONTROL
Course Name
/ Code / Semester / Lesson(hour/week) / 3 / IUE Credit / ECTS
Credit
Application
(hour/week) / 0
Production Planning and Inventory Control / BA 411 / From the 5th semester and forward / Laboratory
(hour/week) / 0 / 3 / 6
Pre-requisites / Mathematical and Statistical Background
Course Lecturer / Prof. Dr. Semra Tunalı. , / 0232 488 83 83
Room / C812
Office Hours / Thur. 14.00-15.00 & Fri. 9.30-10.30
Course Web Page / http://homes.ieu.edu.tr/stunali/
Course Assistant / Muhittin Sağnak
Course Objective / This course aims at teaching the students to look at the production planning and inventory control systems through a managerial perspective; obtaining a fair understanding of how operations managers allocate the resources using long term capacity planning, aggregate production planning, and inventory analysis; recognizing the relationships among the strategic, tactical and operational levels of planning in production systems; and gaining expertise in tools such as Material Requirements Planning (MRP) and Enterprise Resource Planning (ERP) by teaching the logic and mathematical foundation behind these tools.
Course Learning Outcomes / Upon successful completion of this course, the students will be able to learn and practice:
1. The basic concepts of production, production planning and inventory control systems.
2. To formulate the problem of production planning and inventory control and discuss the difficulties in real life cases.
3. Production planning system structure, inputs of the system, forecasts and cost data, the solution methods and techniques and the interpretation of the outcomes.
4. Inventory management system structure, inputs of the system, the solution models and techniques and the interpretation of the inventory policies under deterministic and stochastic environments.
5. The recent developments in the areas of Materials Requirement Planning (MRP), Materials Requirement Planning II (MRPII
Course Content
(Short definition) / The main topics covered in the course are Demand Forecasting, Long-Range Capacity Planning, Aggregate, Production Planning, Inventory Management, Master Production Schedule, Materials Requirement Planning (MRP), and Materials Requirement Planning II (MRP II)
WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES
Week / Subjects / Related Preparation1 / Introduction to the Production Planning and Inventory Control / Handouts
2 / Demand Forecasting / Handouts
3 / Long Term Capacity Planning / Handouts
4 / Long Term Capacity Planning / Handouts
5 / Production Planning / Handouts
6 / Production Planning / Handouts
7 / Midterm
8 / Inventory Management / Handouts
9 / Inventory Management / Handouts
10 / Inventory Management / Handouts
11 / ERP and MRP / Handouts
12 / ERP and MRP / Handouts
13 / Short Term Production Planning and Scheduling / Handouts
14 / Short Term Production Planning and Scheduling / Handouts
15 / JIT and Lean Production / Handouts
Sources / Inventory Management and Production Planning and Scheduling. Edward A. Silver, David F. Pyke, and Rein Peterson, Wiley
The Fundamentals of Production Planning and Control. Stephen N. Chapman, Prentice Hall, New Jersey, 2006.
Production and Operations Analysis, Steven Nahmias, 6th Edition, McGraw-Hill, New York, 2009.
Production/Operations Management by William J. Stevenson. Seventh Edition, Irwin/McGraw Hill, 2002.
Foundations of Inventory Management. Paul H. Zipkin, McGraw-Hill, New York, 2000.
Exams / Students are tested through true-false type questions on the concepts learned in the class and also asked to show the applications of the mathematical techniques learned in the class.
EVALUATION SYSTEM
SEMESTER REQUIREMENTS / NUMBER / PERCENTAGE OF GRADEParticipation / 1 / 10
Homework Assignments / 5 / 15
Quiz / 3 / 15
Mid-Terms / 1 / 30
Final / 1 / 30
TOTAL / 100
PERCENTAGE OF SEMESTER WORK / 70
PERCENTAGE OF FINAL WORK / 30
TOTAL / 100