During the course, students will be exposed to classical decision problems for the planning and control of supply and production operations in manufacturing firms and will learn to analyze and solve them with mathematical models and quantitative methods.

Forecasting. Forecast characteristics. Quantitative forecasting methods: regression methods, time‐series methods (moving average, exponential smoothing for stationary time‐series and time‐series with trend and/or seasonality).
Aggregate production planning. Prototype example. Zero‐inventory plan. Constant‐workforce plan. Formulation and solution of aggregate inventory problems as linear programming problems.
Inventory control under constant demand. The Economic Order Quantity (EOQ) model. EOQ extensions to quantity discounts resource‐constrained multiple product systems. EOQ extension to finite production rate and multiple products: Economic Lot Sizing Problem (ELSP). Power‐of‐two lot sizing policies.
Inventory control under known time‐varying demand. Dynamic Lot Sizing Problem (DLSP). Heuristic DLSP policies (constant order quantity, constant order period, part‐period balancing, Silver‐Meal method). Optimal DLSP policy (Wagner‐Whitin). DLSP extension to accommodate capacity constraints.
Material Requirements Planning (MRP). Basic MRP process.
Production scheduling. Sequencing rules. Sequencing theory for one machine. Sequencing algorithms for multiple machines.

Suggested Literature

• Graves, S.C., Rinnooy Kan, A.H.G., Zipkin, P.H., eds. 1993. Logistics of Production and Inventory, Handbooks in Operations Research and Management Science, Vol. 4, North Holland ISBN 0‐4444‐87472‐0.
• Nahmias, S. Lennon Olsen T. 2015. Production and Operations Analysis. Waveland, Long Grove, IL,
  ISBN 1‐4786‐2306‐3.
• Silver, E.D. Pyke, D.F., Peterson, R. 1998. Inventory Management and Production Planning and Scheduling, Wiley ISBN 0‐471‐11947‐4.
• Ιωάννου, Γ. 2006. Διοίκηση Παραγωγής και Υπηρεσιών. Εκδόσεις Σταμούλη, ISBN 960‐351‐628‐7.
• Ξανθόπουλος, Α., Κουλουριώτης, Δ. 2018. Διοίκηση Παραγωγής και Επιχειρησιακών Λειτουργιών. Εκδόσεις Τζιόλα, ISBN 978‐960‐418‐692‐1.
• Παπαδόπουλος, Χ.Θ. 2015 Διοίκηση Επιχειρησιακών Λειτουργιών Ποσοτική και Υπολογιστική Προσέγγιση. Εκδόσεις Σοφία, ISBN 978‐960‐6706‐85‐1.
• Παππής, Κ.Π. 2006. Προγραμματισμός Παραγωγής. Εκδόσεις Σταμούλης ISBN 960‐351‐650‐3.
• Russell, R.S., Taylor, B.W. 2016. Οργάνωση Παραγωγής και Διοίκηση Εφοδιασμού. Επιστημονική Επιμέλεια Τατσιόπουλος Ηλίας. Εκδόσεις Τζιόλα, ISBN 978‐960‐418‐557‐3
• Slack, N., Chambers, S., Johnston, R. 2010. Διοίκηση Παραγωγής Προϊόντων και Υπηρεσιών. Επιστ. Επιμέλεια Αδαμίδης Εμμανουήλ. Εκδόσεις Κλειδάριθμος, ISBN 978‐960‐461‐315‐1

Related academic journals:

• Computers and Industrial Engineering, Elsevier
• Flexible Services and Manufacturing Journal, Springer
• IISE Transactions, Taylor & Francis
• International Journal of Production Research, Taylor & Francis
• International Journal of Production Economics, Elsevier
• Management Science, INFORMS
• Manufacturing and Service Operations Management, INFORMS
• Production and Operations Management, Wiley
• Production Planning and Control, Taylor & Francis

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Lectures and Practice Exercises