Credits: 6

Schedule: 11.09.2017 - 26.10.2017

Teaching Period (valid 01.08.2018-31.07.2020): 

This course is not lectured in 2018-2019 or 2019-2020.

Learning Outcomes (valid 01.08.2018-31.07.2020): 

The course provides an integrated methodology for strategy based inventory and product management in supply chains.

Content (valid 01.08.2018-31.07.2020): 

Students learn to analytically solve problems and make decision considering forecasting, inventory planning and service levels, profitability, product range, supply chain dynamics, facility location, distribution, and routing.

Assessment Methods and Criteria (valid 01.08.2018-31.07.2020): 

1. Lectures and exercises 32 h., 2. Obligatory cases and assignments (60%) 3. Exam (40%).

Workload (valid 01.08.2018-31.07.2020): 

Lectures 28h
Exercise sessions 8h
Quantitative assignments 80h
Case assignment 10h
Theory exam preparations 34h

Study Material (valid 01.08.2018-31.07.2020): 

Silver, Edward A. (1998) Inventory management and production planning and scheduling. ISBN 0-471-11947-4.

+ Lecture material and course reading package.

Course Homepage (valid 01.08.2018-31.07.2020):

Prerequisites (valid 01.08.2018-31.07.2020): 

Thorough knowledge in Tuotantotalous (35A00110), Tuotantotalouden perusteet (35A00310),  Operations Management (35A00210), or corresponding skills acquired elsewhere highly recommended.

Mathematical skills recommended: Basic calculus, polynomial functions and their derivation, regressions.

Statistics skills recommended: Statistical distributions and central limit theorem.

Good MS Excel skills.

Grading Scale (valid 01.08.2018-31.07.2020): 


Further Information (valid 01.08.2018-31.07.2020): 

This course is not lectured in 2018-2019 or 2019-2020.