General
| School
|
School of Science
|
| Academic Unit
|
Department of Mathematics
|
| Level of Studies
|
Graduate
|
| Course Code
|
ΣΣΕ18
|
| Semester
|
2
|
| Course Title
|
Inventory theory
|
| Independent Teaching Activities
|
Lectures (Weekly Teaching Hours: 3, Credits: 7.5)
|
| Course Type
|
Specialized general knowledge
|
| Prerequisite Courses
|
-
|
| Language of Instruction and Examinations
|
Greek
|
| Is the Course Offered to Erasmus Students
|
Yes (in English)
|
| Course Website (URL)
|
See eCourse, the Learning Management System maintained by the University of Ioannina.
|
Learning Outcomes
| Learning outcomes
|
Upon completion of this course, a student will:
- understand the classical inventory models (like EOQ, base-stock models, periodic models)
- acquire the quantitative tools for analysing the costs and optimal solutions for such policies
- understand of the relationship among the classical models
- learn approaches to multi-echelon inventory systems that have been proposed in the literature
|
| General Competences
|
- Working independently
- Decision-making
- Adapting to new situations
- Production of free, creative and inductive thinking
- Synthesis of data and information, with the use of the necessary technology
- Working in an interdisciplinary environment
|
Syllabus
Inventory Systems and models, One item with constant demand rate, Several products and locations, Stochastic demand, Stochastic leadtimes, Time varying stochastic demand, Empirical Bayesian inventory models. Research frontiers.
Teaching and Learning Methods - Evaluation
| Delivery
|
Face-to-face
|
| Use of Information and Communications Technology
|
- Mathematica / Matlab
- Use of ICT in communication with students
|
| Teaching Methods
|
| Activity
|
Semester Workload
|
| Lectures
|
39
|
| Independent study
|
70
|
| Study and analysis of bibliography, Fieldwork
|
78.5
|
| Course total
|
187.5
|
|
| Student Performance Evaluation
|
- LANGUAGE OF EVALUATION: Greek
- METHODS OF EVALUATION: written work (20%), Final exam (80%)
|
Attached Bibliography
- Axsater, S. Inventory Control. Norwell, MA: Kluwer, 2000.
- Hadley G. and T.M. Whitin. Analysis of inventory systems. Englewood Cliffs, N.J., Prentice-Hall, 1963.
- Porteus, E. L. Foundations of Stochastic Inventory Theory. Stanford, CA: Stanford University Press, 2002.
- Silver, E. A., D. F. Pike, and R. Peterson. Inventory Management and Production Planning and Scheduling, 3rd ed. Hoboken, NJ: Wiley, 1998.
- Zipkin P. Foundations of Inventory Management. Boston: McGraw-Hill, 2000.
- [Περιοδικό / Journal] International Journal of Production Economics
- [Περιοδικό / Journal] European Journal of Operational Research
- [Περιοδικό / Journal] Manufacturing and Service Operations Management
- [Περιοδικό / Journal] Management Science
- [Περιοδικό / Journal] Omega
- [Περιοδικό / Journal] Operations Research
- [Περιοδικό / Journal] Production and Operations Management
- [Περιοδικό / Journal] Production Planning and Control.