INVENTORY MANAGEMENT
| Title | ΔΙΑΧΕΙΡΙΣΗ ΑΠΟΘΕΜΑΤΩΝ / INVENTORY MANAGEMENT |
| Code | 327 |
| Faculty | Engineering |
| School | Mechanical Engineering |
| Cycle / Level | 1st / Undergraduate |
| Teaching Period | Winter |
| Coordinator | Georgios Tagaras |
| Common | Yes |
| Status | Active |
| Course ID | 20000304 |
Programme of Study: UPS of School of Mechanical Engineering
Registered students: 176
| Orientation | Attendance Type | Semester | Year | ECTS |
|---|---|---|---|---|
| Energy | Elective Courses belonging to the other | 7 | 4 | 5 |
| Design and Structures | Elective Courses belonging to the other | 7 | 4 | 5 |
| Industrial Management | Compulsory Course belonging to the selected specialization (Compulsory Specialization Course) | 7 | 4 | 5 |
| Academic Year | 2018 – 2019 |
| Class Period | Winter |
| Weekly Hours | 4 |
| Class ID | 600130831
|
Class Schedule
| Building | Πολυτεχνείο - πτέρυγα Β (Πολιτικών Μηχ.) |
| Floor | Όροφος 1 |
| Hall | 553-554 (90) |
| Calendar | Τετάρτη 11:00 έως 13:00 |
| Building | Πολυτεχνείο - πτέρυγα Β (Πολιτικών Μηχ.) |
| Floor | Όροφος 1 |
| Hall | 553-554 (90) |
| Calendar | Παρασκευή 15:00 έως 17:00 |
Course Type 2016-2020
- Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
- Face to face
Digital Course Content
- e-Study Guide https://qa.auth.gr/en/class/1/600130831
Erasmus
The course is also offered to exchange programme students.
Language of Instruction
- Greek (Instruction, Examination)
Learning Outcomes
- Understanding of the terms Logistics and Supply Chain Management
- Learning quantitative inventory management methods for the case of deterministic and stochastic demand.
- Solving numerical examples and problems with the application of the introduced quantitative methods.
- Development of critical skill to choose and apply the appropriate quantitative method depending on the case under study.
General Competences
- Apply knowledge in practice
- Retrieve, analyse and synthesise data and information, with the use of necessary technologies
- Adapt to new situations
- Make decisions
- Work in an international context
Course Content (Syllabus)
Introduction - The significant role of Inventory Management. Forecasting methods. Deterministic systems of inventory management: (a) the case of known and constant demand and (b) the case of known but varying demand. Stochastic systems of inventory management: continuous and periodic review. Single-period model for the management of seasonable and innovative products (newsvendor problem). Inventory management of multiple products.
Keywords
Inventory management, Logistics, Quantitative Methods
Educational Material Types
- Notes
- Slide presentations
- Book
Use of Information and Communication Technologies
Use of ICT
- Use of ICT in Course Teaching
Description
MS Powerpoint presentations.
Course Organization
| Activities | Workload | ECTS | Individual | Teamwork | Erasmus |
|---|---|---|---|---|---|
| Lectures | 39 | 1.3 | ✓ | ||
| Reading Assigment | 75 | 2.5 | ✓ | ||
| Tutorial | 26 | 0.9 | ✓ | ||
| Exams | 5 | 0.2 | ✓ | ||
| Other / Others | 5 | 0.2 | |||
| Total | 150 | 5 |
Student Assessment
Description
Midterm and final written exams.
Student Assessment methods
- Written Exam with Short Answer Questions (Summative)
- Written Exam with Problem Solving (Summative)
Bibliography
Course Bibliography (Eudoxus)
(α) Γιώργος Ιωάννου, «Διοίκηση Παραγωγής και Υπηρεσιών», Χρον. Έκδοσης: 2006, ISBN:9603516287, αρ. σελίδων 402.
(β) Σωτήριος Δημητριάδης και Αθανάσιος Μιχιώτης, «Διοίκηση Παραγωγικών Συστημάτων», Εκδόσεις Κριτική, ISBN:978-960-218-522-3.
Last Update
19-09-2019
