Facts about the course

Study points:
7.5
Responsible department:
Faculty of Logistics
Course Leader:
Arild Hoff
Lecture Semester:
Autumn
Teaching language:
English
Duration:
½ year

LOG500 Management Models and Operation Research (Autumn 2018)

About the course

The course is a continuation of topics treated in SCM200. Models for managing the individual links in the value chain will be emphasized. The course will focus on problems in forecasting, distribution, inventory and production. Within production, major production planning and the management principles from MRP I (Material Requirements Planning) will be treated. Within aggregated production planning, the simplest situations are treated. In this connection, simple methods and tools from operation analysis are used. Within inventory management, the course treats deterministic models for families of goods, limitation of resources, discounts and some stochastic inventory models. Further, lot-sizing is discussed as a single topic, and also forecasting models and some cases of scheduling. Several quantitative models for the topics mentioned will be presented and used explicit in formulation and solving actual problems.

The course is connected to the following study programs

  • Bachelor in Logistics and Supply Chain Management
  • Bachelor in Economics and Business Administration
  • Individual Study Courses/Part- time studies
  • Bachelor in Petroleum Logistics
  • Bachelor in IT and Digitalization
  • Årsstudium for Sjøkrigsskolen
  • Exchange programme - Bachelor's level

Recommended requirements

2-year Economics-Administration curriculum or equivalent or courses similar to SCM200 Basic inventory and production management. It is an advantage to be able to use spreadsheets in order to solve exercises and assignments.

The student's learning outcomes after completing the course

The course aims to describe simple models for different parts of the value chain for a manufacturing company. After completing the course, the candidate should have knowledge about and be able to use models for:

  • Forecasting

  • Aggregated planning

  • Inventory and production management with deterministic and stochastic demand.

  • Lot sizing

  • Operations scheduling

Forms of teaching and learning

3 hours of lectures each week

Coursework requirements - conditions for taking the exam

Mandatory coursework: 3 Assignments

Examination

  • Form of assessment: Written school assessment
  • Proportion: 80%
  • Duration: 5 Hours
  • Grouping: Individual
  • Grading scale: Letter (A - F)
  • Support material: All printed and written supporting material + calculator that may contain data
  • Form of assessment: Home assessment
  • Proportion: 10%
  • Duration: -
  • Grouping: Group
  • Grading scale: Letter (A - F)
  • Support material: All printed and written supporting material + calculator that may contain data
  • Form of assessment: Home assessment
  • Proportion: 10%
  • Duration: -
  • Grouping: Group
  • Grading scale: Letter (A - F)
  • Support material: All printed and written supporting material + calculator that may contain data

Syllabus

Click here for reading list

Last updated from FS (Common Student System) Dec. 16, 2019 9:30:01 AM