Supply Chain Management 366 Supply Chain Modeling Fall, 2016

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1 Supply Chain Management 366 Supply Chain Modeling Fall, 2016 Instructor: Phil Fry Office: MBEB 3237 Office Phone: Office Hours: TTH 12:30-1:20; 3:00-3:40 & By Appointment. Course Website: Prerequisite: SCM 345 or equivalent Course Resources: The Operations Management Customized Textbook for SCM 366 from McGraw-Hill (available at the BSU bookstore).. Course Overview & Objectives: This course is an introduction to supply chain modeling. The course will focus on solving supply chain and operations issues with models created using an electronic spreadsheet. The focus of the course is on formulating and solving operations and supply chain management decisions. Students who successfully complete this course will be able to: 1. Formulate and solve spreadsheet supply chain decision models. 2. Formulate and solve linear optimization models related to production planning, resource allocation, and transportation and distribution decisions. 3. Perform sensitivity and what-if analysis for model solutions. 4. Formulate network optimization models to support facility location and capacity allocation decisions. 5. Solve network optimization models to support facility location and capacity allocation decisions. 6. Incorporate Go- No Go decisions, Either-Or constraints, and other contingent constraints using binary integer programming. 7. Solve binary integer programming models. 8. Formulate decision models, which incorporate demand uncertainty, to determine optimal ordering decisions in a make to stock environment. (The Newsvendor Model) 9. Understand the relationship between item forecasting and inventory replenishment in a make to stock environment. 10. Formulate and solve models for managing reactive production and supplier capacity. 11. Understand how and under what conditions revenue management can be an effective tool for matching supply and demand in the supply chain. 12. Formulate and solve revenue management models & describe the tradeoffs that must be considered when making revenue management decisions. 13. Develop, run, and analyze spreadsheet simulation models. 14. Prepare reports and summaries for management decision-making.

2 Students in this class will learn or practice the following COBE Core Curriculum concepts, methods, and skills: 1. Understand and apply analytical and disciplinary concepts and methods related to business and economics: 1.5. Information Technology Management Mathematics & Statistics Supply Chain Management 2.1. Communicate effectively: Write messages and documents that are clear, concise, and compelling 2.2. Communicate effectively: Give oral presentations that use effective content, organization, and delivery 3. Solve problems, including unstructured problems, related to business and economics 4. Use effective teamwork and collaboration skills 5. Resolve ethical issues related to business and economics Grading Scale: Semester grades will be assigned using the following scale: Total Points Final Grade > = 450 A 440 A B B 390 B C C 340 C D D 290 D - < = 289 F Key Dates to Remember: September 2 October 28 November December 9 December Last day to register/add or drop w/o a W Last day to drop classes with a W or completely withdraw from regular session. Thanksgiving Last Day of Classroom Instruction Final Examination Period

3 Course Outline: This is a tentative course outline. Changes to the following course outline may occur if scheduling conflicts arise or if such changes are necessary to enhance topic coverage or to improve the flow of the course. Changes will be posted on Blackboard. Please check Blackboard daily for updates. Class Dates (Week) 8/23 & 8/25 Topic Reading Course Objective Course Overview & Introduction to Spreadsheet Modeling. Developing a Spreadsheet Model. Sensitivity and What-If Analysis. Application: The Reorder Point Inventory Model 8/30 & 9/1 Introduction to Spreadsheet Modeling & Modeling Insights. LP Formulations & Applications 9/6 & 9/8 Introduction to Spreadsheet Modeling & Modeling Insights. LP Formulations & Applications 9/13 & 9/15 9/20 & 9/22 9/27 & 9/29 10/4 & 10/6 10/11 & 10/13 10/18 & 10/20 10/25 & 10/27 11/1 & 11/3 Chapters 2,3 & 4 Chapters 2,3 & 4 LP Formulations, Applications & Modeling Chapters 3 2 & 4 LP Modeling & Sensitivity Analysis Chapters 5 2,3 Network Optimization Transportation & Transshipment Models Chapter 6 4,5 Network Optimization Modeling Chapter 6 4, 5 Transportation & Transshipment Models Network Optimization Maximum Flow Problems Chapter 6 4,5 Modeling Binary Decisions & Constraints. Facility Location & Fixed Charge Problems Chapter 7 4, 5, 14 Betting on Uncertain Demand. The News Vendor Chapter 11 8, 9 Model with Empirical Demand Distribution Betting on Uncertain Demand. The News Vendor Chapter 11 8, 9 Model with Normally and Poisson Distributed Demands 11/8 & Betting on Uncertain Demand & Quick Response Chapters 8, 9,14 11/10 with Reactive Capacity 11,12 11/15 & Revenue Management with Capacity Controls Chapter 15 11,12 11/17 11/21 Thanksgiving 11/25 11/29 Revenue Management with Capacity Controls & Chapter 15 11, 12 &12/1 Supply Chain Coordination 12/6 & Spreadsheet Simulation 11, 12,14 12/8 12/15 Final Examination Comprehensive 1 2 2

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5 Assignments: While it is the intent to require all of the assignments listed below modifications may be required due to schedule changes, topic coverage modifications, and/or other unexpected events. Therefore, this is a tentative list of assignments. Actual assignments and due dates will be announced in class and posted on Blackboard. If it becomes necessary to encourage class attendance, then in-class assignments will be given. This is a tentative list of assignments. Please check Blackboard often for updates and changes. Problem Sets, Case Assignments, Assignment Value Course Objectives & Final Examination * HP Reorder Point Analysis (Part B & D) (Part A only) (Parts A, B & C) (Parts C & D) (Parts A & B) (Parts B & D) (Formulate and Solve) (Part A only) 10 1, (Formulate and Solve) 10 1, (Part A) 10 1, (Part A only) 10 1, , 2 4.S1 10 1, 2 4.S2 10 1, (Formulate and Solve) (Parts A, C, D, G, I, J, K, L, & M) Modify part M to read: in addition to the change for Lydia in part l, LaDeana also were to change her maximum number of hours available to work per week from to , , , , , 7 Transportation & Warehouse Location , , , 9 La Club du Vin Case 30 9, Revenue Management 1 10 Revenue Management II 10

6 Revenue Management III , 12, , 12, 13 Supply Chain Coordination 10 11, 12, 13 Spreadsheet Simulation Assignment I 10 13, 14 Spreadsheet Simulation Assignment II 10 13, 14 Final Examination TOTAL POSSIBLE 500 * Instructor reserves the right to make changes to assignments as necessary to enhance the course.