ESMA 720 Advanced Production and Operations Management
This is a PhD level course on the analysis of production, inventory, and distribution systems. The emphasis of this course is on principles of inventory management, demand estimation, production planning, and scheduling. Topics covered include: deterministic inventory models, variability assessment, lot sizing, aggregate planning, production planning with time-varying demand, stochastic inventory models, and multi-echelon inventory problems with deterministic and stochastic demand, facility location problems.