School/Faculty/Institute |
Faculty of Engineering |
Course Code |
IE 438 |
Course Title in English |
Inventory Management and Control |
Course Title in Turkish |
Envanter Yönetimi ve Kontrol |
Language of Instruction |
EN |
Type of Course |
Ters-yüz öğrenme |
Level of Course |
İleri |
Semester |
Spring |
Contact Hours per Week |
Lecture: 3 |
Recitation: 0 |
Lab: 0 |
Other: 0 |
|
Estimated Student Workload |
148 hours per semester |
Number of Credits |
6 ECTS |
Grading Mode |
Standard Letter Grade
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Pre-requisites |
MATH 227 - Probability and Statistics for Engineering I
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Co-requisites |
None |
Expected Prior Knowledge |
Prior knowledge of basic concepts of probability is expected |
Registration Restrictions |
Undergraduate students |
Overall Educational Objective |
To acquire knowledge on planning material flow in logistics, supply chain or production and distribution systems. |
Course Description |
In this course you will find insightful discussions about the role of inventory in organizations and core concepts of inventory management. This course gives detailed explanations about fundamental inventory control procedures and their usage. The course will also cover recent developments such as supply chain inventory management, and it will be concluded by discussions about implementation and organizational aspects of inventory management. You may use the knowledge of this course in a profession related to planning material flow in logistics, supply chain or production and distribution systems.
The aim of this course is to introduce important risk concepts and then to teach quantitative risk analysis and control techniques by engineering, economic, environmental and security aspects and to emphasize their role in decision support systems.
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Course Learning Outcomes and Competences
Upon successful completion of the course, the learner is expected to be able to:
1) understand and explain the inventory management concepts and their relations;
2) develop analytical models that can be used to optimize inventory systems;
3) apply inventory theory to real-life cases.
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Program Learning Outcomes/Course Learning Outcomes |
1 |
2 |
3 |
Relation to Program Outcomes and Competences
N None |
S Supportive |
H Highly Related |
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|
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Program Outcomes and Competences |
Level |
Assessed by |
Prepared by and Date |
UTKU KOÇ , December 2023 |
Course Coordinator |
TUBA AYHAN |
Semester |
Spring |
Name of Instructor |
Doç. Dr. BARIŞ SELÇUK |
Course Contents
Hafta |
Konu |
1) |
Giriş, Çerçeve ve Kavramlar |
2) |
Öngörme
|
3) |
Ekonomik Sipariş Miktarı (EOQ) ve uzantıları
|
4) |
Ekonomik Sipariş Miktarı (EOQ) ve uzantıları
|
5) |
Stok Kontrol Politikaları
|
6) |
Stok Kontrol Politikaları
|
7) |
Stok Kontrol Politikaları |
8) |
Gazeteci Modeli
|
9) |
Tedarik Zinciri Stok Yönetimi |
10) |
Tedarik Zinciri Stok Yönetimi
|
11) |
Tedarik Zinciri Stok Yönetimi |
12) |
Uygulama ve Organizasyonel Açıdan |
13) |
Uygulama ve Organizasyonel Açıdan |
14) |
Gözden Geçirme ve Sonuç
|
15) |
Final Sınavı/Proje/Sunum Dönemi |
16) |
Final Sınavı/Proje/Sunum Dönemi |
Required/Recommended Readings | Required: Lecture Notes and in-class material
Recommended:
● Donald Waters, “Inventory Control and Management”, John Wiley and Sons.
● Edward A. Silver, David F. Pyke and Rein Peterson, “Inventory Management and Production Planning and Scheduling”, John Wiley and Sons.
● Nicolas Vandeput, “Inventory Optimization: Models and Simulations”, De Gruyter
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Teaching Methods | Flipped Classroom |
Homework and Projects | |
Laboratory Work | |
Computer Use | Students are expected to use computer programs for the course project. |
Other Activities | |
Assessment Methods |
Assessment Tools |
Count |
Weight |
Projeler |
1 |
% 15 |
Ara Sınavlar |
2 |
% 50 |
Final |
1 |
% 35 |
TOTAL |
% 100 |
|
Course Administration |
selcukb@mef.edu.tr
Course Instructor: Assoc. Prof. Barış Selçuk, email: .., office: TBA
Course Teaching Assistant: TBA
Lecture time and place: TBA / Office hours: TBA
Pre-lecture videos:
Attendance/participation: According to YÖK regulations, students are required to attend at least 70% of the lectures. Students are expected to prepare for the lecture via pre-lecture videos and reading materials and attend the lectures.
Formal use of e-mails: The course instructor assumes that any information sent through email will be received in 24 hours, unless a system problem occurs.
Project: A term project will be assigned.
Missing the midterm exam: Students missing the midterm exam should get a valid official document to prove their excuse.
Missing a final: Faculty regulations.
Inappropriate conduct, academic dishonesty and plagiarism are subject to YÖK Disciplinary Regulation.
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