Department of Industrial Engineering

IE 326 | Course Introduction and Application Information

Course Name

Inventory Planning

Code	Semester	Theory (hour/week)	Application/Lab (hour/week)	Local Credits	ECTS
IE 326	SPRING	3	0	3	6

Prerequisites	IE 222 To succeed (To get a grade of at least DD)
Course Language	English
Course Type	ELECTIVE_COURSE
Course Level	First Cycle
Mode of Delivery	Face to face
Teaching Methods and Techniques of the Course	Problem Solving Case Study Q & A
National Occupational Classification Code	-
Course Coordinator	Doç. Dr. Hamdi Giray Reşat
Course Lecturer(s)	Doç. Dr. Ömer Özkan
Assistant(s)	-

Course Objectives

The aim of this course is to introduce the basic inventory planning problems and solution methods to the students.

Learning Outcomes

The students who succeeded in this course;

Name	Description	PC Sub	* Contribution Level
Name	Description	PC Sub	1	2	3	4	5
LO1	Calculate the reorder point and order quantity for inventory control in deterministic and stochastic demand cases					X
LO2	Manage the coordinated replenishment strategies of multiple items				X
LO3	Solve the inventory control problems in supply chains				X
LO4	Recognize different solution techniques to solve inventory planning problems and use the most appropriate solution method				X
LO5	Do the performance analysis of the solution obtained			X

Course Description

Topics of this course include the importance of inventory planning, inventory planning of individual and multiple items and inventory planning of special classes of items.

Related Sustainable Development Goals

Course Category	Core Courses
	Major Area Courses	X
	Supportive Courses
	Media and Managment Skills Courses
	Transferable Skill Courses

WEEKLY SUBJECTS AND RELATED PREPARATION STUDIES

Week	Subjects	Required Materials	Learning Outcome
1	The context and importance of inventory management	Inventory Management and Production Planning and Scheduling, Bölüm 1 ve 3	LO1
2	Order quantities for level-demand items. Economic Order Quantity. Quantity discounts.	Inventory Management and Production Planning and Scheduling, Bölüm 5	LO1
3	Inflation. Limits on order sizes	Inventory Management and Production Planning and Scheduling, Bölüm 5	LO1
4	Individual items with time variant demand	Inventory Management and Production Planning and Scheduling, Bölüm 6	LO1
5	Individual items with probabilistic demand	Inventory Management and Production Planning and Scheduling, Bölüm 7	LO1
6	Individual items with probabilistic demand: (s,Q) and (R,S) systems	Inventory Management and Production Planning and Scheduling, Bölüm 7	LO5
7	Inventory planning of A and C class items	Inventory Management and Production Planning and Scheduling, Bölüm 8 ve 9	LO2
8	Midterm Exam		-
9	Style goods and perishable items	Inventory Management and Production Planning and Scheduling, Bölüm 10	LO1
10	Coordinated replenishment at a single stocking point	Inventory Management and Production Planning and Scheduling, Bölüm 11	LO2
11	Coordinated replenishment at a single stocking point	Inventory Management and Production Planning and Scheduling, Bölüm 11	LO2
12	Supply chain management. Multiechelon inventories: Deterministic demand	Inventory Management and Production Planning and Scheduling, Bölüm 12	LO3
13	Supply chain management. Multiechelon inventories: Deterministic demand	Inventory Management and Production Planning and Scheduling, Bölüm 12	LO3
14	In-class exercise		LO4
15	General Course Review		-
16	Final Exam		-

Course Notes/Textbooks	-
Suggested Readings/Materials	-

EVALUATION SYSTEM

Semester Activities	Number	Weighting	LO1	LO2	LO3	LO4	LO5
Quizzes / Studio Critiques	4	30	X	X	X
Homework / Assignments	1	20			X		X
Midterm	1	20	X			X
Final Exam	1	30		X		X	X
Total	7	100

ECTS / WORKLOAD TABLE

Semester Activities	Number	Duration (Hours)	Workload
Participation	16	3	48
Theoretical Course Hours	-	-	-
Laboratory / Application Hours	-	-	-
Study Hours Out of Class	14	3	42
Field Work	-	-	-
Quizzes / Studio Critiques	4	5	20
Portfolio	-	-	-
Homework / Assignments	-	-	-
Presentation / Jury	-	-	-
Project	-	-	-
Seminar / Workshop	-	-	-
Oral Exams	-	-	-
Midterms	1	30	30
Final Exam	1	40	40
		Total	180