Faculty of Business, Economics and Statistics

Department of Business Administration

Chair of Production and Operations Management
(Lehrstuhl für Produktion und Logistik)
o. Univ.-Prof. Dipl.-Ing. Dr. Richard F. Hartl

 040661 KFK PM/SCM/TL: 

Seminar A (E)
4 ECTS points

"Resource Constrained Project Scheduling"

Lecturer

  • Univ. Prof. Dr. Heinrich Kuhn

Dates & Places

  • Wednesday 3:00-5:00 p.m. (BWZ, Seminarraum 2)
  • Starting on March, 6, 2013

Study Programs

  • Mag. internationale Betriebswirtschaft (KFK Production Management,  KFK SupplyChain Management, KFK Transportation Logistics)
  • Mag. Betriebswirtschaft (KFK Production Management,  KFK Supply Chain Management, KFK Transportation Logistics)
  • partly also KFK Operations Research

Course Content

  • This course (Seminar) will focus on inventory management which is one of the core drivers for success in supply chain management
  •  The basic models are the (s,q) inventory model and the newsboy problem which are known from classical inventory theory (see introductory course ABWL Produktion & Logistik, EK + VK)     
  • The students will learn concepts, models, and solution approaches for varois modern  inventory systems. These systems include single- and multi - level stochastic inventory models.
  • Basic models an approaches from the literature will be discussed and some recent research articles will be presented.

Requirements

  • regular presence and participation in discussion
  • literature study
  • preparing and presenting a tutorial session
  • writing a term paper (Seminararbeit)
  • intermediate and final presentation of the term paper

Prerequisites

  • This course (Seminar) is intended as the final course in a KFK. Thus, it should only be taken after some other courses in the corresponding area have been successfully completed.
  • Minimum requirement for admission is
    •  the course „Operations Management“ (old "Studienplan") or 
    • "Transportation Logistics (TL)", "Production Analysis", or "Supply Chain Management" (new "Studienplan")

Basic Literature 


    • Hillier, F.S. and G.J. Lieberman, Introduction to Operations Research , 9th ed. Mr.Graw- Hill,2009
    • Muckstadt, J.A. and A. Sapra, Principles of Inventory Management, New York ( Springer) , 2010
    • Silver, E.A., D.F.Pyke nad R. Peterson, Inventory Management and Production Planning and Scheduling, 3rd ed., 1998
    • Taha, H.A.,Operatoins Research: An Introduction , 9th ed., Pearson / Educaton; 2010.
    • Tempelmeier, H., Inventory Management in Supply Networks: Problem Models, Solutions Norderstedt; Books on Demand, 2011

    Tutorials Sessions

    • The first part of the course revies some  basic knowledge of inventory management.
    • Each studnet has to prepare two of the following tutorials and to present the related topic during one of the first two sessions; presentaton time 20 minutes, maximal ten slides. The presenter and the topic be selected at random. 

    1)      Performance measures in inventory systems, s. Tempelmeier (2011), Chapter B.3.3.1.

    2)      The single-product, single level (s,q) inventory policy, s. Tempelmeier (2011), Chapter C.1.1.

    3)      The newsboy problem, s. Tempelmeier (2011), Chapter C.2.1.

    4)      Discrete Markov chains in continuous times, s. Hillier/Lieberman (2009), Chapter 14.8.

    5)      Single station queuing systems, s. Taha (2010), Chapter 15.6, 15.6.1, and 15.6.2.

    6)      Single station queuing system with limited calling population, s. Taha (2010), Chapter 15.6.4

    • The porposes of the tutorials are
      • to obtaion some common knowledge base by all participants, and 
      • to facilitate discussion. 
    • Literature for the " tutorial sessions" : see "basic Literature" above

    Schedule     

       List of Themes  •    March 6: Kick-off meeting: introduction, assignment of tutorials and term papers to the participants,             organizational issues
     •    March 13: Presentation and discussion of tutorials 1 to 3
     •    March 20: Presentation and discussion of tutorials 4 to 6
     •    April 10: intermediate presentations of topic 1 to 6
     •    April 24: intermediate presentations of topic 7 to 12
            23rd week of 2013, (June 5, 6, or 7) final presentations

    Term paper (Seminararbeit)

      •    In the second part of the seminar each group of typically 2 participants has to select one topic out of a           pre-given list of themes. A term paper (Seminararbeit) has to be prepared on this topic (15-20 pages).
      •    Term papers should not be just an excerpt of the basic papers provided. Additional literature should be          found and used to deal with the "topic".
      •    The final version of the term paper has to be submitted until the end of May 2013.
      •    The main result of the seminar work has to be summarized on one page. Furthermore, three critical             questions related to the topic of the term paper have to be formulated and added to the one-pager. The        one-page-summary has to be distributed to all other participants of the seminar by the end of May              2013.
      •    For guidelines concerning the term paper see:
            http://scm.univie.ac.at/teaching/guidelines-for-scientific-writing/
      •    For information concerning plagiarism and good scientific conduct see:                                                                   http://prolog.univie.ac.at/teaching/downloads/Rechtliche%20Grundlagen_Infoblatt_070207.pdf


                Evalutaion

         •     Discussions in class: 20%
         •      Tutorial slides and seminar paper: 40%
         •      Tutorial and final paper presentations: 40%


      Presentations of the term papers

       •    The term paper has to be presented by each working group (typically 2 participants).
       •    The presentations of the term papers consist of two parts:
             o    Intermediate presentations (in April): Each group of students has to present the structure of their                 term paper and the ongoing work, 10 minutes presentation plus 5 minutes discussion.
             o    Final presentation (in June): Each group of students has to present the results of their term paper,                20 minutes presentation plus 10 minutes discussion.







       
       






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