Apr 19, 2024  
2015-2016 Undergraduate Academic Catalog 
    
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2015-2016 Undergraduate Academic Catalog [ARCHIVED CATALOG]

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IE 331 - Production Planning and Inventory Control

3 lecture hours 0 lab hours 3 credits
Course Description
Many businesses, including those in manufacturing, retail, and logistics, rely on Enterprise Resource Planning (ERP) systems for production control. This course provides a comprehensive review of the material planning and production control modules within an ERP system. Topics include forecasting, operations planning, master scheduling, and inventory control. It introduces students to the ERP software from SAP and compares traditional MRP approaches to newer approaches such as kanban. (prereq: MA 262 , junior standing)
Course Learning Outcomes
Upon successful completion of this course, the student will be able to:
  • Define and explain common terminology related to production planning and control
  • Utilize common forecasting techniques to predict future demand
  • Understand the EOQ model and trade-offs between lot size and other system parameters (capacity, utilization, lead time)
  • Manually apply the MRP algorithm with various lot sizing rules to generate planned order releases
  • Perform rough-cut capacity planning and calculate relevant system parameters such as capacity, utilization, and efficiency
  • Describe the difference between push and pull production systems and explain how various pull systems operate (kanban, conwip, POLCA)
  • Relate the Theory of Constraints to production planning and control activities
  • Utilize SAP software to analyze data from a sample company and perform common production control transactions
Prerequisites by Topic
  • Basic understanding of statistics, variability, and linear regression
Course Topics
  • Overview of production planning and inventory control (2 weeks)
  • Overview of SAP software (3 weeks)
  • Forecasting (2 weeks)
  • Sales and operations planning (2 weeks)
  • Master scheduling (2 weeks)
  • Inventory management and MRP (2 weeks)
  • Capacity management (1 week)
  • Production activity control (0.5 weeks)
  • Lean and JIT (0.5 weeks)
  • Theory of Constraints (1 week)
Coordinator
Charlene Yauch


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