Learning objectives The course enhances the participant's ability to apply quantitative methods for demand forecasting, logistics and operations planning. It is a practical course, which uses computer software to illustrate how to apply the methodologies introduced.
The course is multidisciplinary with links to industrial engineering, marketing, logistics, mathematics and operations management. Content
Methodologies: Time-series forecasting, Measures of forecast accuracy, Linear programming and optimization for aggregate planning, The Newsvendor Model for optimal order decisions, Matching supply and sales under demand uncertainty