{"id":28448,"date":"2025-12-06T00:10:40","date_gmt":"2025-12-05T21:10:40","guid":{"rendered":"https:\/\/mie.uth.gr\/?page_id=28448"},"modified":"2026-06-25T12:13:43","modified_gmt":"2026-06-25T09:13:43","slug":"analysis-production-inventory-systems","status":"publish","type":"page","link":"https:\/\/mie.uth.gr\/?page_id=28448&lang=en","title":{"rendered":"\u0394\u0395\u0391L0103 ANALYSIS OF PRODUCTION-INVENTORY SYSTEMS (Core Elective)"},"content":{"rendered":"\t\t
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\u0394\u0395\u0391L0103 ANALYSIS OF PRODUCTION-INVENTORY SYSTEMS (Core Elective)<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\u0394\u0395\u0391L0103 ANALYSIS OF PRODUCTION-INVENTORY SYSTEMS (Core Elective)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Course Information<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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Course Outline<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Course Category<\/strong>
Course Type<\/strong>
Course Code<\/strong>
Semester<\/strong>
Contact Hours<\/strong>
ECTS Units
Division<\/strong>
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Graduate
Core Elective
\u0394\u0395\u0391L103
1st (Fall)
3 hours\/week
7.5
Production Management & Industrial Administration
George Liberopoulos<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Course Category: <\/strong>Graduate
Course Type: <\/strong>Core Elective
Course Code: <\/strong>\u0394\u0395\u0391L0103
Semester: <\/strong>1st (Fall)
Contact Hours: <\/strong>3 hours\/week
ECTS Units: <\/strong>7.5
Division:<\/strong> Production Management and Industrial Administration
Instructor: George Liberopoulos<\/a><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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<\/i>Scope<\/span><\/div>
Analyze production-inventory systems, manage process time variability, and master material flow control policies for optimized performance.<\/div>\n\t\t\t\t\t<\/div>
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<\/i>Contents<\/span><\/div>
  • Production Inventory Processes (Little’s Law, Performance Measures).<\/li>
  • Manufacturing Systems and Industrial Revolutions.<\/li>
  • Material Release Control (Push vs Pull, Make-to-Order vs Make-to-Stock).<\/li>
  • Capacity, Throughput, Cycle Time, and Work-In-Progress (WIP) Number.<\/li>
  • Variability of Arrival and Processing Times and Queuing Systems (M\/M\/1, G\/G\/1, etc.).<\/li>
  • Formation\/Sizing of Production and Transfer Batches.<\/li><\/ul><\/div>\n\t\t\t\t\t<\/div>
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    <\/i>Bibliography<\/span><\/div>
    • Cachon, G., Terwiesch, C. Matching Supply with Demand: An Introduction to Operations Management, 4\/E McGraw-Hill, 2019<\/span><\/span>.<\/span><\/li>
    • Hopp, W.J., Spearman, M.L. 2008. Factory Physics, 3\/E. <\/span>Waveland, 2008<\/span><\/span>.<\/span><\/li>
    • Nahmias, S., Lennon Olsen T. 2021. Production and Operations Analysis, 8\/E<\/span><\/span>.<\/span><\/li><\/ul><\/div>\n\t\t\t\t\t<\/div>
      \n\t\t\t\t\t
      <\/i>Educational Material<\/span><\/div>

      Recorded lectures with slides, e-class, worksheets for quantitative analysis, Matlab codes.<\/p><\/div>\n\t\t\t\t\t<\/div>

      \n\t\t\t\t\t
      <\/i>Language of Instruction<\/span><\/div>

      Greek or English<\/span><\/span>.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div>

      \n\t\t\t\t\t
      <\/i>Teaching Method<\/span><\/div>

      Lectures and Assignments.<\/p><\/div>\n\t\t\t\t\t<\/div>

      \n\t\t\t\t\t
      <\/i>Assessment<\/span><\/div>
      • Written examination (65%)<\/li>
      • Assignments (35%).<\/li><\/ul><\/div>\n\t\t\t\t\t<\/div>
        \n\t\t\t\t\t
        <\/i>Workload (in hours)<\/span><\/div>

        190.<\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

        \u0394\u0395\u0391L0103 ANALYSIS OF PRODUCTION-INVENTORY SYSTEMS (Core Elective) \u0394\u0395\u0391L0103 ANALYSIS OF PRODUCTION-INVENTORY SYSTEMS (Core Elective) Course Information Course Outline Course CategoryCourse TypeCourse CodeSemesterContact HoursECTS UnitsDivisionInstructor GraduateCore Elective\u0394\u0395\u0391L1031st (Fall)3 hours\/week7.5Production Management &<\/p>\n","protected":false},"author":10,"featured_media":9407,"parent":27971,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-28448","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"\nAnalysis of production-inventory systems<\/title>\n<meta name=\"description\" content=\"Analyze production-inventory systems, manage process time variability, and master material flow control policies for optimized performance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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