Logistics is the part of supply chain management and considered as one of the vital parts of any organisations. The course focuses on the models and techniques that are developed from a variety of problems arises in logistical planning of multi-echelon systems.
Throughout the course, you will learn how to plan for the production, inventory or distribution strategies in general multi-echelon multi-item systems.
The course also teaches about the vehicle routing problems, dynamic lot sizing inventory models, stochastic and deterministic multi-echelon inventory systems, the bullwhip effect, pricing models, and integration problems arising in supply chain management.
After completing the course, you will gain a clear perception of the logistics and supply-chain management system.
This course does not involve any written exams. Students need to answer 5 assignment questions to complete the course, the answers will be in the form of written work in pdf or word. Students can write the answers in their own time. Each answer needs to be 200 words (1 Page). Once the answers are submitted, the tutor will check and assess the work.
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Course Credit: MIT
|Introduction to Supply Chain Management||00:30:00|
|Inventory and EOQ Models||00:30:00|
|Issues in Supply Chain Strategy||01:00:00|
|Logistics and Distribution Systems: Dynamic Economic Lot Sizing Model||01:00:00|
|Introduction to Stochastic Inventory Models and Supply Contracts||02:00:00|
|Newsboy Model with Pricing||00:20:00|
|Analysis of Inventory Models with Limited Demand Information||00:40:00|
|Submit Your Assignment||00:00:00|
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