Courses of Study 2018-2019 
    Feb 02, 2023  
Courses of Study 2018-2019 [ARCHIVED CATALOG]

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ORIE 4120 - Inventory, Operations, and Supply Chain Management: Models and Optimization

(crosslisted) SYSEN 4200  
Fall. 2 credits. Letter grades only.

Prerequisite: introductory courses in probability and optimization (including linear programming and dynamic programming.)  An introductory course in algorithms is helpful, but not strictly necessary.

D. Goldberg.

This course will provide a rigorous coverage of the (stochastic and deterministic) models commonly used in the study of inventory, operations, and supply chain management. This includes the multi-period newsvendor model and its many variants, as well as more sophisticated models which arise in supply chain management, logistics, and the study of operations more broadly. We will study tools for analyzing and optimizing such systems, as well as operational insights which can be extracted from such models. The course will in general have a fairly mathematical orientation, focusing on using tools from stochastic modeling, optimization, and dynamic programming/algorithms to formulate and analyze these models.

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