SCM703 Applied Supply Chain Management (Spring 2023)

The course and the assignments will include the following topics:

• Modeling logistic problems with LINGO
• Lot sizing in production
• Pricing and lot sizing
• Integrated models for planning production, distribution and purchase.
• Integrated models for marketing and logistics - Demand Based Management (DBM) and Revenue Management (RM).

Knowledge

The successful candidate should by the end of the course:

• Know the differences between a heuristic and an exact algorithm, and their respective advantages and drawbacks
• Know the difference between the EOQ and Wagner-Whitin frameworks, and the use cases for each of them

Skills

The successful candidate should by the end of the course:

• Be able to use commercial optimization software tools like LINGO for solving optimization problems in logistics
• Be able to execute the Wagner-Whitin algorithm to solve a dynamic lot size problem
• Be able to create a simple heuristic algorithm for the Capacitated Lot Size Problem (CLSP)

General competence

The successful candidate should by the end of the course:

• Be familiar with methods and techniques used for modeling and solving logistic problems that occurs in practice
• Be aware of the potential value of integrating decision making, rather than making decisions sequentially

• Mandatory coursework: Assignment(s)
• Courseworks given: 2
• Courseworks required: 2
• Presence: Not required
• Comment:

• Form of assessment: School assessment
• Proportion: 100%
• Duration: 5 hours
• Grouping: Individual
• Grading scale: Letter (A - F)
• Supported material: Calculator with empty memory + general dictionary native language/Norwegian/English

Pensumoversikt

• SCM703 - Applied Supply Chain Management