ORIE 5122 - [Inventory Management]

Fall. Next offered 2016-2017. 4 credits.

Prerequisite: ORIE 3310, ORIE 3510, or permission of instructor.

Staff.

This is an introductory course to the principles of inventory systems. Both deterministic and stochastic models for single and multi-item and single and multi-location environments are discussed. Exact and approximate analyses are presented for these systems. Applications are stressed throughout the course.