Logistics

The supply chain
· Terminology and definitions. Description of the supply chain and its main components.
Forecasting
· The problem of demand forecasting. Models and algorithms for demand forecasting. Least squares and simple linear regression.
Inventory management
· Models of inventory systems. Inventory systems with continuous and discrete replenishment. Single-product and multi-product systems. Single-depot and multi-depot systems. Economic order quantity. Scale economies and discount policies.
Queuing theory
· Definitions and properties of queuing systems. Modelling, analysis and synthesis of queuing systems. Use of software for queuing theory.
Mathematical optimization problems in logistics, properties and algorithms:
- production planning and lot sizing
- single-machine and multi-machine scheduling problems.
- packing problems.
- continuous and discrete location problems.
- single-vehicle and multi-vehicle routing problems.