Supply Chain Inventory and Production Planning

Course ID

B150046101

Course Title

Teaching language

English

ECTS value

Responsible study board

Study Board of Business Economics

Date of Approval

02-03-2018

Course Responsible

Name	Email	Department
Ole Bent Olesen	ole@sam.sdu.dk

Offered in

Odense

Level

Master

Offered in

Autumn

Duration

1 semester

Mandatory prerequisites

Recommended prerequisites

A prior knowledge of Operations and Supply Chain Management corresponding to bachelor level in business economics is highly advisable.

The course involves the use of basic concepts in Probability and Statistics: probability density, cumulative density functions, quantiles, Normal distribution; Calculus: derivatives, integration, first order condition of nonlinear optimization programs. Familiarity with MS Excel is highly advisable.

Aim and purpose

The purpose of the course is to give the student knowledge of problems, models and solution methods within the basic areas of production and inventory management in the context of the full supply chain.
Listed under "Content".

Content

Main topics covered in the course are as follows:

Frameworks for production and inventory planning and management.
Deterministic and stochastic inventory management.
Coordinated inventory management in a supply chain.
Multiple-item inventory, production and procurement problems.
Periodic and continuous review of inventories.
Inventories with perishable items.
Aggregate production and workforce planning.
Top-down vs. bottom-up planning.
Material requirements planning: MRP and extensions.
Short-term production scheduling problems.

Learning goals

After having participated in the course, the student should be able to:

Identify the main problems in production and inventory planning.
Describe models and methods in production and inventory planning, verbally as well as mathematically.
Discuss the assumptions and limitations of models and methods in production and inventory planning.
Relate theoretical models of inventory and production to real life problems.
Apply models and methods of production and inventory planning to specific problems.
Discuss the potential applicability of models and methods of production and inventory to specific problems.

Literature

Will be announced in the beginning of the semester.

Teaching Method

Lectures that present, discuss, and analyze a range of important issues that are related to production and inventory planning in the context of the full supply chain. Lectures are accompanied by Excel applications It is important for a successful learning process that the students prior to each lecture have studied the text specified in the syllabus. Compulsory coursework is part of the course, and to hand in a successful report requires that the student is able to use preselected subsets of the presented tools and theory to solve specific analytical problems.

Workload

Scheduled classes:
4 hours of lectures weekly during 11 weeks.

____

These teaching activities result in an estimated distribution of the work effort of an average student as follows:

Lectures: 44 hours.

Preparation: 126 hours.

Coursework: 60 hours.

Preparation for exam: 40 hours.

In total: 270 hours.

Examination regulations

Exam - Individually written report

Name

Exam - Individually written report

Timing

Ordinary exam: December. The report is handed-in in December. Deadline for hand-in will appear from the exam plan.
Reexam: February.

The form of the reexam is subject to change.

Tests

Exam - Individually written report and an oral exam

Name

Exam - Individually written report and an oral exam

Form of examination

Take-home assignment

Censorship

Second examiner: None

Grading

7-point grading scale

Identification

Student Identification Card - Date of birth

Language

English

Duration

Written report (= the coursework) based on project work done in the last weeks of the semester.
Dates for hand-out of assignment / deadline for hand-in will appear from the exam plan.

Length

No limitations.

Examination aids

All exam aids allowed.

Assignment handover

Via the course page in Blackboard.

Assignment handin

In SDU-assignment in the course page in Blackboard.

ECTS value

Additional information

Location: Home assignment.
Internet Access: Necessary.

Written report (= the coursework) based on project work done in the last weeks of the semester

The grade for the written report has a weight of 30 % / app. 1/3 of the final grade.
The purpose of the written report is to test the achievement of all objectives.

Supplemental information concerning timing:

Hand-in of the written report for the ordinary exam is in December for all students.
Hand-in of the written report or the re-exam is in February for all students.

EKA

B150046112

Exam - Oral examination

Name

Exam - Oral examination

Timing

Exam: January. (December for guest and exchange students).

Reexam: February.

The form of the reexam is subject to change.

Tests

Exam - Oral examination

Name

Exam - Oral examination

Form of examination

Oral examination

Censorship

Second examiner: External

Grading

7-point grading scale

Identification

Student Identification Card - Date of birth

Language

English

Preparation

20 minutes.

Duration

20 minutes oral examination with 20 minutes preparation time.

Length

Not relevant.

Examination aids

All exam aids allowed to the oral examination.

Assignment handover

Assignment handin

ECTS value

Additional information

The grade for the oral exam has a weight of 70% / app. 2/3 of the final grade.
The oral exam is evaluated externally (internally for guest and exchange students).
The purpose of the oral exam is to test the achievement of all objectives.

Supplemental information concerning timing:

The oral exam is in December for guest and exchange students and in January for all other students.
Re-exam of the oral examination is in February for all students.

EKA

B150046102

External comment

NOTE - This course is identical with the former course 9261201 Supply Chain Inventory and Production Planning.

Used examination attempts in the former identical course will be transferred.

Courses that are identical with former courses that are passed according to applied rules cannot be retaken.

Supplemental information on final grading in the course:
From the grades for the two exam parts, a final course grade is computed as follows:

If both grades for parts 1 and 2 are -3, the final course grade is -3

If the grade for part 1 is -3, the final course grade is -3

If the grade for part 2 is -3, the final course grade is -3

If both grades for parts 1 and 2 are higher than -3, the final course grade is computed as a weighted average with a weight of 30% on the grade for part 1 and a weight of 70% on the grade for part 2. The average is rounded to the nearest grade, with the exception that the grade 02 cannot be given by rounding up the average.

When a student has obtained a grade of 02 or higher for one part of the evaluation, this part cannot be re-sat. The final course grade is based on the highest obtained grade for Part 1 (the written report) and the most recent obtained grade for part two (the oral exam). The exam tests the fulfilment of all learning goals.

Evaluation for guest and exchange students:

Internally evaluated for guest and exchange students.

The student is automatically registered for the first examination attempt when the student is registered for a course or course element with which one or more examinations are associated. Withdrawal of registration is not possible, and students who fail to participate in an examination have used one examination attempt, unless the University has made an exemption due to special circumstances.

Courses offered

Offer period	Offer type	Profile	Education	Semester
Fall 2018	Optional	MA Negot 120 ECTS German language profile International Relations	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS Arabic language profile International Market Relations	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS German language profile Global Marketing Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS Spanish language profile International Relations	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS English language profile International Communication Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS Arabic language profile Global Marketing Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS German language profile International Communication Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS English language profile International Market Relations	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS Spanish language profile Human Ressource Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS German language profile International Market Relations	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS Spanish language profile Global Marketing Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS Arabic language profile Human Ressource Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS Arabic language profile International Relations	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS Arabic language profile International Communication Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS English language profile Global Marketing Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS Spanish language profile International Market Relations	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS English language profile Human Ressource Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS Spanish language profile International Communication Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS German language profile Human Ressource Management	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	MA Negot 120 ECTS English language profile International Relations	Master of Arts (MA) in Business, Language and Culture \| Odense
Fall 2018	Optional	International Business and Marketing (ikrafttræden pr. 1. september 2017)	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding
Fall 2018	Optional	Accounting and Finance	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding
Fall 2018	Optional	Global Marketing and Consumer Culture	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding
Fall 2018	Optional	International Business and Management (ikrafttræden pr. 1. september 2017)	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding
Fall 2018	Optional	Management of Innovation Processes	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding
Fall 2018	Optional	Management Accounting - Combination 1	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding
Fall 2018	Optional	Strategy and Organization (ikrafttræden pr. 1. september 2017)	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding
Fall 2018	Mandatory	Global Logistics and Supply Chain Management - Accounting Combination	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding	1
Fall 2018	Mandatory	Global Logistics and Supply Chain Management - Organization Combination	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding	1
Fall 2018	Mandatory	Management Accounting - Combination 2	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding	1
Fall 2018	Mandatory	Management Accounting - Combination 3	MSc in Economics and Business Administration \| Master of Science (Msc) in Economics and Business Administration \| Esbjerg, Soenderborg, Slagelse, Odense, Kolding	1
Fall 2018	Optional	Cand.merc.aud. - Odense - 140 ECTS - HD-R (sidste optag 1. september 2017)	Master of Science (MSc) in Business Economics and Auditing \| Master of Science (MSc) in Business Economics and Auditing \| Odense, Kolding
Fall 2018	Optional	Cand.merc.aud. - Odense - 120 ECTS (sidste optag 1. september 2017)	Master of Science (MSc) in Business Economics and Auditing \| Master of Science (MSc) in Business Economics and Auditing \| Odense, Kolding
Fall 2018	Optional	Cand.merc.aud. - Odense - 140 ECTS - HD-F (sidste optag 1. september 2017)	Master of Science (MSc) in Business Economics and Auditing \| Master of Science (MSc) in Business Economics and Auditing \| Odense, Kolding
Fall 2018	Exchange students

Teachers

Name	Email	Department	City
Konstantin Pavlikov	kop@sam.sdu.dk		Odense
Ying He	yinghe@sam.sdu.dk		Odense

URL for Skemaplan

Odense

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