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Production Management IEOR 4000. Prof. Guillermo Gallego. A Few Words About Myself. Professor of Industrial Engineering & Operations Research at Columbia University. Chairman of IEOR department. Published over fifty in refereed journals. Visiting scientist at IBM 1999-2003
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Production ManagementIEOR 4000 Prof. Guillermo Gallego
A Few Words About Myself • Professor of Industrial Engineering & Operations Research at Columbia University. • Chairman of IEOR department. • Published over fifty in refereed journals. • Visiting scientist at IBM 1999-2003 • Visiting professor at Stanford GSB 1997-1997. • Senior editor MSOM and POM. • Former departmental editor for IIE transactions. • Former associate editor of management science. • Former associate editor operations research. • Consulted extensively with industry.
Topics to Be Covered • Classification of production systems. • Deterministic models. • EOQ, EPQ, JRP, ELSP, app, MRP, ERP. • Forecasting. • Ma, ES, MMFE. • Stochastic models. • Newsvendor model. • Supply chain models. • JIT.
Benefits to Be Obtained • Understand production systems. • Understand basic tradeoffs. • Efficiency vs. Variety. • Holding costs vs. Fixed costs. • Holding costs vs. Service levels. • Learn about • Forecasting. • Value of information • Postponement • Scheduling • JIT
Intended Audience • A required course for MS degree in IE and MS in OR. • Students entering the fields of industrial engineering or supply chain management. • Students interested in learning how to develop models. • Production and general managers wishing to understand models behind decision support systems.
Prerequisites • Working knowledge of calculus. • A good course in probability and statistics. • A deterministic models course (linear programming). This can be taken concurrently. • Knowledge of excel or equivalent spreadsheet program. • Willing to work hard.
Evaluation • Assignments: 25% • Midterm: 30% • Final: 45%