OMIS 4550 3.00

Level Undergraduate
Department OPERATIONS MANAGEMENT AND INFORMATION SYSTEMS - ROOM SSB 337N, (416) 736-5074 fax (416) 736-5762
Description This course explores practical methods for planning and controlling inventories which can be understood and implemented by managers. Inventories are studied as a component of total business strategy. Specific topics include: statistical forecasting procedures and their evaluations, the nature of production and inventory systems, scheduling and planning of aggregate production, workforce and inventories and the design of operational decision systems for transmitting aggregate policy decisions consistently to the level of the individual stockkeeping unit.