Inventory Management

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBM026A05
Vaknaam Inventory Management
Niveau(s) master, uitwisseling
Voertaal Engels
Periode semester II b
ECTS 5
Rooster rooster

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 Inventory Management provides students with the necessary knowledge and skills to
analyze, improve, design and manage actual inventory systems. Topics that will be discussed
are demand forecasting, production/inventory and item characteristics, performance measures,
inventory control policies and policy improvement. In particular applying inventory control models
to improve the company performance will be important. Spread sheet modeling skills are essential.
Uren per week 4
Onderwijsvorm computer practica, hoor- en werkcolleges, vraag- en antwoordsessies
Toetsvorm individueel tentamen, opdracht(en), presentatie(s)
(Computer test. Group assignment in first six weeks, with weekly poster presentations. Individual exam.)
Vaksoort master
Coördinator dr. O.A. Kilic
Docent(en) dr. O.A. Kilic ,dr. N.D. van Foreest
Verplichte literatuur
Titel Auteur ISBN Prijs
Factory Physics, 3rd ed., 2008, McGraw-Hill Hopp, W.J., M.L. Spearman, 9781577667391 €  45,00
Entreevoorwaarden Students should already be familiar with
• model building in Excel
• basic statistics and stochastics
• mathematics of inventory theory
• inventory control methods, such as
o time series analysis,
o economic ordering,
o material requirements planning,
o safety stock, and
o reordering systems.
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 verplicht
MSc BA - Change Management  (keuzevakken MSc BA Change Management) 1 semester II b keuze
MSc BA - Organizational & Management Control/O&MC  (keuzevakken MSc BA O&MC) 1 semester II b keuze
MSc BA - Small Business & Entrepreneurship/SB&E  (keuzevakken MSc BA SB&E) 1 semester II b keuze
MSc Industrial Engineering and Management  (Optional management modules) - 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