The course provides an introduction to operational management in production industries. The basics of inventory and quality management, and supply chain planning are introduced.  The following topics are covered.

• Demand Planning and Forecasting
• Inventory control using Newsvendor model
• Multi-period inventory control
• Aggregate Planning
• Short term production planning; Lot Sizing and Scheduling

Attendance of at least 80% of the classes is necessary to fulfill the requirements; no more than one session may be missed.
 

Note that if a student does not attend the first session of a PI course without giving prior notice of his/her absence, he/she will be unsubscribed from the course.

The final mark is composed of:

• Homework assignment (group work), 25%
• In-class assignment (individual) 15%
• Exam (individual) 60%

We require that at least 50% are reached from the final exam, and at least 60% is reached in total.

As soon as a partial performance has been handed in, there is always a grade at the end of the course - even if the student leaves the course at a later date.