Production Planning - I (IENG332)
Two sequel courses are designed together to provide the basics of production planning and control with the need of modern manufacturing organizations in mind. The topics covered in the first course are production and operations strategy, subjective and objective forecasting (i.e. Delphi method, trend-based methods, and methods for seasonal series), deterministic inventory planning and control (i.e. Economic Order Quantity model and its extensions to several environments), stochastic inventory planning and control, aggregate production planning, and master production scheduling.