Application of quantitative and heuristic methods to problems of production, material, and capacity planning. Mathematical models for inventory systems, sequencing and scheduling. Just-in-Time (JIT) manufacturing.
The student, upon completion of this course, will be able to:
- Describe (identify/write) the various components that make up the manufacturing planning and control system and the interaction among them.
- Develop the models that are applicable for supply chain inventory management, including those for quantity discounts, safety stocks, and order quantity and reorder point interactions.
- Develop the algorithms that are appropriate for solving single-machine, two-machine, parallel-machines and flow shop scheduling problems.
- Show how (i) the material requirement plans, manufacturing resource plans, and capacity requirement plans can be developed, and (ii) lot sizing decisions can be made for a manufacturing system.
- Describe the issues concerning Just-in-Time (JIT) manufacturing and its benefits.
- Identify, discuss, and implement important research topics within production planning and control.