Production Planning and Control

[0.50] credits · Graduate

The course covers analytical tools for integrated production planning and control. The analytical tools include mathematical models for inventory control, determination of order quantities and safety stocks, inventory replenishment systems, demand forecasting, materials requirements planning and manufacturing resource planning (MRP/MRPII), production planning, lot sizing, dispatching, scheduling, and order releasing. The course also covers contemporary manufacturing philosophies such as Just-in-Time systems, lean and Agile manufacturing, digital manufacturing, and Industry 4.0.