Supply chain management is the study of the flow of material and information in a production-distribution system. In this course we study the mathematical models for the analysis and control of such systems.

1. Deterministic  Models.
Single-echelon Systems: EOQ Model and its variations, Dynamic Inventory models.
Multi-echelon Systems: MRPs, distribution systems, and assembly systems.

2.   Stochastic Models.
Single-echelon, Single-period Models: Newsvendor problem and its variations.
Single-echelon, Multi-period: Base-stock policies, (s,S) Policies.
Multi-echelon Systems: tandem systems, distribution systems, assembly systems.

3.  Game-theoretic Models.
Two-echelon, Single-period systems: Game-theory models of contract negotiations, incentives, decision and information  sharing.

1. Principles of Operations Research, by H. M. Wagner,
2. Logistics of Production and Inventory, by S. C. Graves, A.H.G. Rinooy Kan, P.H. Zipkin (eds.),
3. Quantitative Models for Supply Chain Management, by S. Tayur, R. Ganeshan, M. Magazine (eds.),
4. Foundations of Inventory Management, by Paul Zipkin,
5. Selected papers to be announced later.

The course evaluation will be based on presentation of assigned reading material to the rest of the class.