Course detail

Supply Chain Management

FSI-SRR-A Acad. year: 2025/2026 Winter semester

The subject provides an overview of economics and management terminology, emphasizing operations research models of problems arising in logistical planning.

Language of instruction

English

Number of ECTS credits

3

Entry knowledge

Knowledge of probability and linear programming experience is required.

Rules for evaluation and completion of the course

The course is concluded by submitting a final semester project focusing on production/inventory/distribution strategies. The project must include at least 3,000 words and will be presented and defended.

Aims

This subject aims to provide a comprehensive introduction to economics and management, specifically focusing on the financial aspects of supply chains. It leverages case studies to illustrate how general management methods are applied in real-world scenarios. Students will be introduced to dynamic lot sizing inventory models and stochastic and deterministic multi-echelon inventory systems.

Study aids

Presentations and learning materials will be provided by the lecturer

The study programmes with the given course

Programme N-LAN-A: Logistics Analytics, Master's, compulsory-optional

Type of course unit

 

Lecture

26 hours, optionally

Syllabus

Background:


1. Introduction and course overview


2. Basics of performance analysis techniques


Economic Lot Size Models with Constant Demands:


3. Introduction


4. Multi-Item Inventory Models


5. A Single Warehouse Multi-Retailer Model.


Economic Lot Size Models with Varying Demands:


6. The Wagner-Whitin Model.


7. Models with Capacity Constraints


Stochastic Inventory Models:


8. Finite Horizon Models.


9. Infinite Horizon Models


Facility Location Models:


10. p -Median Problem


11. A Distribution System Design Problem


12.-13. Integrated Logistics Models

Computer-assisted exercise

13 hours, compulsory

Syllabus

In the first exercise, the final project will be assigned. Further exercises will follow the topics from the lectures from the previous week. The last two exercises are reserved for project presentations.