Inventory Management

Uitgebreide vaknaam	Inventory Management
Leerdoelen	Upon completion of the course the student is able to: 1. analyze inventory management practices 2. apply inventory control models 3. design procedures to improve inventory management in practice
Omschrijving	The course provides the students with the necessary knowledge and skills to analyze, improve, design, and manage inventory systems. The topics that are discussed include inventory systems, performance measures, demand forecasting, inventory control policies, and policy improvement. In particular, applying inventory control models to improve company performance is important. Throughout the course, modeling skills are essential.
Uren per week	4
Onderwijsvorm	-computer practicum,  -hoorcollege ,  -werkcollege (Lectures, computer practicals and tutorials)
Toetsvorm	-groepsopdracht,  -individuele opdracht,  -schriftelijk tentamen (open en mc vragen) (Group assignment, individual exam with open and multiple choice questions.)
Vaksoort	master
Coördinator	dr. O.A. Kilic
Docent(en)	dr. O.A. Kilic ,dr. N.D. van Foreest
Entreevoorwaarden	Students are expected to be familiar with basic inventory control concepts, such as, economic order quantity, reorder point, order-up-to level, lead time demand, and safety stock---which have already been covered in undergraduate courses as well as other master courses in the field of supply chain and technology and operations management, basic statistics and stochastics, and modeling.
Opmerkingen	Secretary: room 5411-0631, phone +31(0)50 3637020, email secr.operations.feb@rug.nl
Opgenomen in	Opleiding Jaar Periode Type Courses open to Exchange Students (MSc)  ( Courses open to Exchange Students (MSc) without limited access ) 1 semester II b keuze DD MSc TOM – NUBS, Newcastle (1,5-jarig)  (basisprogramma) 1 semester II b keuzegroep MSc BA - Change Management  (keuzevakken MSc BA Change Management) 1 semester II b keuze MSc BA - Management Accounting and Control/MAC  (keuzevakken MSc BA MAC) 1 semester II b keuze MSc BA - Small Business & Entrepreneurship/SB&E  (keuzevakken MSc BA SB&E) 1 semester II b keuze MSc Human Resource Management/HRM  (keuzevakken B MSc HRM) 1 semester II b keuze MSc Supply Chain Management/SCM  (keuzevakken MSc SCM) 1 semester II b keuze MSc Technology and Operations Management/TOM  (keuzevakken MSc TOM) 1 semester II b keuze