Course Learning Outcomes
- Formulate mathematical models for deterministic and stochastic production–inventory systems.
- Solve continuous and periodic review inventory problems using specified analytical or computational methods, obtaining optimal or near-optimal solutions
- Design coordinated replenishment policies for multiple products and locations, demonstrating the ability to meet specified service level and cost criteria.
- Critically evaluate peer-reviewed research articles in production and inventory management, identifying strengths, limitations, and potential extensions.
- Present technical solutions and research findings in written reports and oral presentations