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Sep 07, 2024
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IE 3310 - Production Planning and Inventory Control3 lecture hours 2 lab hours 4 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 ERP software and compare both “push” and “pull” approaches. (prereq: MA 262 and 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 inventory management systems, ABC analysis and methods of maintaining inventory accuracy
- Understand the EOQ model and trade-offs between lot size and other 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 ERP software to analyze data from a sample company and perform common production control transactions
- Describe supply chain management and compare how DRP structures differ from their MRP counterparts
Prerequisites by Topic
- Basic understanding of statistics, variability, and linear regression
Course Topics
- Overview of production planning and inventory control
- Overview of ERP software packages
- Forecasting
- Sales and operations planning
- Master scheduling
- Inventory management and MRP
- Capacity management
- Production activity control
- Lean manufacturing
- Theory of constraints
- Supply chain management
- Distribution requirements planning
Laboratory Topics
- Two-hour laboratory covering ERP software (e.g., SAP & ERPSim)
Coordinator Dr. Aaron Armstrong
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