OSM 313 - Material & Inventory Management

[3 credit(s)]

Prerequisite: OMS/OSM 311. Various problems related to the handling and storing of materials in different stages of production will be discussed. Topics include purchasing, inventory models in deterministic and probabilistic situations, material requirements planning, material handling and transportation, and distribution inventory management. Both qualitative and quantitative techniques will be discussed. Examples will be drawn from business situations.

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