Design of Inventory Systems

3 credits · Undergraduate

This course introduces a number of quantitative methods for the analysis and of inventory systems. These include deterministic and probabilistic economic order quantity (EOQ) models and variants, single and multiple period inventory models, exchange curves, and other advanced inventory models. Forecasting algorithms applicable to inventory systems are also covered. PREREQUISITES: IENG 3302.03, IENG 3320.03, IENG 3334.03, IENG 3345.03 FORMATS: Lecture | Lab