2009-2010 University Catalog 
  
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2009-2010 University Catalog

OR 648 - Production and Inventory Systems

Credits: 3
An analysis of production and inventory systems. Use of mathematical modeling for solutions of production planning and inventory control problems is introduced. Also included are stochastic inventory systems of lot sized-reorder type; periodic review and single-period models; application of dynamic programming theory to deterministic and stochastic cases; and static and dynamic production-planning models.

Prerequisites
OR 541 and 542, or permission of instructor.

Hours of Lecture or Seminar per week
3
Hours of Lab or Studio per week
0