Inventory Management

What it is about

You learn methods and models for controlling inventory in supply chains. In the end you will be able to analyze inventory problems, apply common inventory control policies and optimize their parameters, as well as use stochastic models to determine safety stocks.

What you will be able to do

Know fundamental problems and trade-offs in inventory management
Be able to model inventory problems
Know and analyze common inventory control policies
Be able to determine optimal parameters for typical inventory rules
Be able to apply stochastic models for optimizing safety stocks

What the module consists of

FallstudienApplication of concepts to practical situations
PräsentationenDeepening and discussion of specific topics by students
DiskussionenReflection and clarification of concepts
ComputerarbeitConducting analyses and implementing models

Teaching method

Case studiesto deepen practical knowledge and apply models
Presentationto train understanding and communication skills
Discussionsto deepen concepts and engage critically
Computer workfor practical implementation and calculation of models

Dates

Lecture with exerciseInventory Management (WIHN0019)2 groups to choose from

AThu10:15–11:45
L.1.11, Seminarraum (1902.01.111)
14× · 15.10.–04.02.
- 15.10.
- 22.10.
- 29.10.
- 05.11.
- 12.11.
- 19.11.
- 26.11.
- 10.12.
- 17.12.
- 07.01.
- 14.01.
- 21.01.
- 28.01.
- 04.02.
BWed10:15–11:45
L.1.11, Seminarraum (1902.01.111)
14× · 14.10.–03.02.
- 14.10.
- 21.10.
- 04.11.
- 11.11.
- 18.11.
- 25.11.
- 02.12.
- 09.12.
- 16.12.
- 23.12.
- 13.01.
- 20.01.
- 27.01.
- 03.02.

From the current semester, not binding. You attend one of several groups; the timetable automatically suggests the one with the fewest clashes.

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