EM520 Distribution and Inventory Management

6 ECTS - 3-0 Duration (T+A)- . Semester- 3 National Credit

Information

Code EM520
Name Distribution and Inventory Management
Term 2023-2024 Academic Year
Semester . Semester
Duration (T+A) 3-0 (T-A) (17 Week)
ECTS 6 ECTS
National Credit 3 National Credit
Teaching Language Türkçe
Level Yüksek Lisans Dersi
Type Normal
Mode of study Yüz Yüze Öğretim
Catalog Information Coordinator Prof. Dr. ALİ KOKANGÜL


Course Goal / Objective

To give information about approaches used in new product and process design and to develop creative thinking ability.

Course Content

*Identification of material and inventory types, definition of inventory costs, establishment of economic ordering quantity model and derivation of optimal order quantity formula, inventory policies, material requirements planning*Üretim ve hizmet sektörlerinde karşılaşılan stok problemlerini ortaya çıkarma ve bu problemlere matematiksel modelleme ve malzeme stok yönetimi yaklaşımlarıyla optimum çözümler türetme yeteneği kazandırmak*To discover the stock problems encountered in the production and service sectors and to gain the ability to derive optimum solutions through mathematical modeling and material stock management approaches

Course Precondition

None

Resources

Inventory Control and Management, Donald Waters.

Notes

Operations Management, Russell R.S. / Taylor III B.W. Operations Management, strategy and Analysis, Fourt Edirtion, Krajewski/Ritsman.


Course Learning Outcomes

Order Course Learning Outcomes
LO01 To gain ability to recognize inventory types
LO02 Establishing inventory costs and statistical analysis
LO03 Describe order size, reorder point and safety stock sizes
LO04 Statistical analysis of the correlation between service level, reorder point and safety stock
LO05 Creating and solving the mathematical model of the economic order quantity (EOQ)
LO06 Inventory policies and evaluation
LO07 Quantity discount model and application
LO08 (s,S) Inventory model and application
LO09 Mathematical modeling approach in material stock management
LO10 Simulation approach in material stock management
LO11 Material requirements planning
LO12 Performance criteria and evaluation in inventory management


Relation with Program Learning Outcome

Order Type Program Learning Outcomes Level
PLO01 Bilgi - Kuramsal, Olgusal Conducts scientific research in industrial engineering, understands, interprets and applies knowledge in his/her field domain both in-depth and in-breadth. 5
PLO02 Bilgi - Kuramsal, Olgusal Acquires detailed knowledge for methods and tools of industrial engineering and their limitations. 4
PLO03 Bilgi - Kuramsal, Olgusal Keeps up with the recent changes and applications in the field of Industrial Engineering and examines and learns these innovations when necessary. 4
PLO04 Bilgi - Kuramsal, Olgusal Identifies, gathers and uses necessary information and data. 4
PLO05 Beceriler - Bilişsel, Uygulamalı Has the ability to develop/propose new and/or original ideas and methods, propose new solutions for designing systems, components or processes.
PLO06 Beceriler - Bilişsel, Uygulamalı Designs Industrial Engineering problems, develops new methods to solve the problems and applies them. 5
PLO07 Beceriler - Bilişsel, Uygulamalı Designs and performs analytical modeling and experimental research and analyze/solves complex matters emerged in this process. 5
PLO08 Yetkinlikler - Bağımsız Çalışabilme ve Sorumluluk Alabilme Yetkinliği Works in multi-disciplinary teams, take a leading role and responsibility and develop solutions for complex problems. 3
PLO09 Yetkinlikler - Öğrenme Yetkinliği Completes and applies the knowledge by using limited resources in scientific methods and integrates the knowledge in the field with the knowledge form various disciplines. 5
PLO10 Yetkinlikler - İletişim ve Sosyal Yetkinlik Uses a foreign language in verbal and written communication at least B2 level of European Language Portfolio.
PLO11 Yetkinlikler - İletişim ve Sosyal Yetkinlik Presents his/her research findings systematically and clearly in oral or written forms in national and international platforms. 4
PLO12 Yetkinlikler - İletişim ve Sosyal Yetkinlik Understands social and environmental implications of engineering practice. 1
PLO13 Yetkinlikler - Öğrenme Yetkinliği Considers social, scientific and ethical values in data collection, interpretation and announcement processes and professional activities. 4


Week Plan

Week Topic Preparation Methods
1 Inventory types and classification Getting information from books on the subject Öğretim Yöntemleri:
Alıştırma ve Uygulama
2 Why inventory stock is needed Getting information from books on the subject Öğretim Yöntemleri:
Tartışma
3 Evaluation of inventory problems Getting information from books on the subject Öğretim Yöntemleri:
Alıştırma ve Uygulama
4 Evaluation of inventory costs Getting information from books on the subject Öğretim Yöntemleri:
Alıştırma ve Uygulama
5 Economic order quantity Getting information from books on the subject Öğretim Yöntemleri:
Alıştırma ve Uygulama
6 (S,s) model analysis and application Getting information from books on the subject Öğretim Yöntemleri:
Alıştırma ve Uygulama
7 Midterm exam Work on lecture notes Ölçme Yöntemleri:
Yazılı Sınav
8 Mid-Term Exam Working on lecture notes Ölçme Yöntemleri:
Yazılı Sınav
9 Quantity discount model Work on lecture notes Öğretim Yöntemleri:
Alıştırma ve Uygulama
10 Single order model Do the assigned homework Öğretim Yöntemleri:
Alıştırma ve Uygulama
11 Material purchasing procedure Do the assigned homework Öğretim Yöntemleri:
Alıştırma ve Uygulama
12 Material barcoding and sample application Do the assigned homework Öğretim Yöntemleri:
Alıştırma ve Uygulama
13 Material requirement planning I Do the assigned homework Öğretim Yöntemleri:
Alıştırma ve Uygulama
14 Material requirement planning II Do the assigned homework Öğretim Yöntemleri:
Alıştırma ve Uygulama
15 Material and stock management performance criteria (KPI) Do the assigned homework Öğretim Yöntemleri:
Alıştırma ve Uygulama
16 Term Exams 25 / 5,000 Translation results Translation result work on lecture notes Ölçme Yöntemleri:
Performans Değerlendirmesi
17 Final Exams work on lecture notes Ölçme Yöntemleri:
Yazılı Sınav


Student Workload - ECTS

Works Number Time (Hour) Workload (Hour)
Course Related Works
Class Time (Exam weeks are excluded) 14 3 42
Out of Class Study (Preliminary Work, Practice) 14 5 70
Assesment Related Works
Homeworks, Projects, Others 0 0 0
Mid-term Exams (Written, Oral, etc.) 1 15 15
Final Exam 1 30 30
Total Workload (Hour) 157
Total Workload / 25 (h) 6,28
ECTS 6 ECTS

Update Time: 12.05.2023 09:45