| Course Objectives: |
The purpose of this course is considering basic production planning and inventory management methods and models for understating and solving the quantitative problems, including quality perspective. Production/inventory management is one of the basic functions in a manufacturing environment. Different production systems, product quality, capacity planning, production planning methods and productivity concepts will be examined. This course also aims to describe the usage of the inventory models. The factors that affect the calculation of order quantity and levels, optimum stock levels and inventory classification methods will be explained. Students will learn the factors which results the inventory costs and effective resource usage. Given interim projects aim to progress the presentation and communication skills of the students |
| Course Content: |
Product planning and control, production planning and control, single machine scheduling, production planning and control, product planning and investment decisions, production forecasting models, plant location, plant layout and material handling, material management and inventory control, flow model scheduling, business area scheduling and quality control, six sigma and lean manufacturing; Industry 4.0 applications. |
| Week |
Subject |
Related Preparation |
| 1) |
• Introducing the course to students
• Describing the importance of the course
• Explaining the outcomes of the course
• Explaining how to get prepared for the topics
• Explaining the concepts of business ethics and social responsibility. Describe the factors that influence business ethics.
• Listing the stages in the development of ethical standards, and discuss how organizations shape ethical behavior.
• Describing how businesses’ social responsibility is measured, and summarize the responsibilities of business to the general public, customers, and employees.
• Explaining why investors and the financial community are concerned with business ethics and social responsibility
• Introducing the course and the Syllabus
• The concepts of business ethics and social responsibility
• Discuss ethical standards
• Discuss why business ethics and social responsibility is important to companies
|
Reading for next week, pp.5-20 |
| 2) |
• Explaining the importance of production in an organization
• Listing and defining the classes of production systems
• Defining the functions of production.
• Defining the production management
• Describing the production resources
• Production and its importance in an organization
• The Aims of Production Management
• Functions of Production Management
• Organization of Production Management
|
Reading for next week, pp.161-166 |
| 3) |
• Defining the site selection criteria of production facilities
• Defining the methods of site selection criteria
• Discussing the factors influencing selection of production facilities
• Discussing the importance of geographical location
• Deciding the method of site selection
• Importance of geographical location
• Selection of production facilities
• Factors influencing site selection criteria
• Evaluating criteria in site selection
• Importance of geographical location
|
Reading for next week, pp.55-65 |
| 4) |
• Defining the time survey
• Defining productivity and efficiency
• Describing the managerial performance and productivity
• Describing the methods of evaluating productivity
• Discussing of selecting the most proper method for productivity
• Definition of productivity
• The relationship between profit and productivity
• Labor productivity
• Measuring the productivity
• Ways to improve productivity
|
Reading for next week, pp. 327-334 |
| 5) |
• Explaining inventory management
• Defining basic inventory controlling activities
• Listing types of inventories
• Explaining the benefits and shortcomings of holding inventories
• Explaining inventory costs
• Inventories
• Cost of Inventories
• Reasons for Holding Inventories
• Inventory valuing methods
|
Reading for next week, pp.330 -340 |
| 6) |
• Describing ABC Analyses
• Defining FİFO and LİFO
• Explaining turnover ratio of inventories
• Explaining costs in inventory control
• Describing inventory records
• Inventory Control
• Inventory Controlling Methods
• Inventory turnover ratio
• Inventory Records
|
Reading for next week, pp.111-138 |
| 7) |
• Identifying the importance of demand forecasting
• Defining the principles of forecast
• Explaining regression analyses
• Explaining time series
• Describing forecast methods
• Demand forecasting in production
• Demand forecasting methods
• Time Series Analysis
• Sensitivity in demand forecasting
• Selecting forecast method
|
|
| 8) |
• Evaluate students with midterm exam
• Getting feedbacks from exam results
• Describing reasons of failures
• Describing reasons of success
• Defining course of actions
• Recognize the subjects of the first 7 weeks
• Feedbacks from exam results
• Reasons of failures
• Reasons of success
• Course of actions
|
Reading for next week, pp. 513-553 |
| 9) |
• Defining quality in production
• Describing main Factors in quality
• Explaining specifications
• Discussing inspection in production
• Describing Total Quality Control
• Quality in production
• Main Factors in quality
• Specifications
• Inspection
• Total Quality Control
|
Finding and solving similar examples solved in the class |
| 10) |
• Defining lay-out of production facility
• Explaining the goals of lay-out in a production facility
• Describing the types of production flow and lay-out
• Describing the lay-out for process and product
• Explaining the balance of an assembly line
• Lay-out of production facility
• The goals of lay-out in a production facility
• Types of production flow and lay-out
• Lay-out for process and product
• Balancing assembly line
|
Reading for next week, pp. 265-298 |
| 11) |
• Defining capacity
• Explaining balance of capacity
• Defining quantity of workers
• Explaining break-even point analyses
• Describing and using linear programming in capacity planning
• Definition of capacity
• Balance of capacity
• Defining quantity of workers
• Break-even point
• Linear programming in capacity planning
|
Reading for next week |
| 12) |
• Discussing the importance of production planning
• Describing strategies of production planning
• Describing the routing
• Describing the scheduling
• Explaining the critical path
• Importance of production planning
• Production planning strategies
• Routing
• Scheduling
• Critical path
|
Preparation for presentations |
| 13) |
• Defining IT systems in production operations
• Defining the usage of ERP and MRP in production and inventory management
• Listing and explaining the considerations in stock coding
• Defining software for stock control and barcode
• Defining Warehousing Management Systems in inventory control
• IT systems in inventory management
• Inventory Controlling Softwares
• Warehousing Management Systems
|
|
| 14) |
• Student’s presentations and analyses.
• Project presentations
|
|
| 15) |
• Evaluate students with final exam
• Getting feedbacks from exam results
• Describing reasons of failures
• Describing reasons of success
• Defining course of actions
• All of the week subjects
• Feedbacks from exam results
• Reasons of failures
• Reasons of success
• Course of actions
|
|
| |
Program Outcomes |
Level of Contribution |
| 1) |
To have theoretical and practical knowledge at the basic level supported by textbooks, application tools and other resources with current knowledge in the field based on the qualifications gained at the secondary level. |
|
| 2) |
- To gain the ability to use the theoretical and practical knowledge at the basic level at an advanced level or at the same level in the same field.
- To be able to interpret and evaluate the data by using the basic knowledge and skills acquired in the field, to identify and analyze the problems, to develop solutions based on evidence. |
|
| 3) |
- To be able to convey his / her thoughts on basic knowledge and skills at the level of written and verbal communication.
- To share his / her thoughts and solutions to the problems related to his / her field with experts and non-experts.
- To be able to follow information in the field and communicate with colleagues by using a foreign language at least at a level of European Language Portfolio A2 General Level.
- To be able to use information and communication technologies together with computer software at the basic level of European Computer Driving License required by the field. |
|
| 4) |
- To be able to evaluate the basic knowledge and skills acquired in the field with a critical approach, to determine and meet the learning needs.
- To be able to direct his / her education to an advanced level of education in the same field or to a profession at the same level.
- Not to have gained awareness of lifelong learning. |
|
| 5) |
- To have social, scientific, cultural and ethical values in the stages of collecting, applying and announcing the data related to the field.
- To have sufficient awareness of the universality of social rights, social justice, quality and cultural values, environmental protection, occupational health and safety. |
|
| 6) |
- To be able to conduct a basic level study independently.
- To be able to take responsibility as a team member to solve unforeseen complex problems encountered in the applications related to the field.
- To be able to carry out activities for the development of employees working under their responsibility within the framework of a project. |
|
| 7) |
- To have advanced theoretical and practical knowledge supported by textbooks containing current information in the field, application tools and other resources. |
|
| 8) |
To be able to use the advanced theoretical and practical knowledge acquired in the field.
- Interpret and evaluate data using the advanced knowledge and skills acquired in the field, identify problems, analyze, develop solutions based on research and evidence. |
|
| 9) |
- To be able to inform the relevant persons and institutions about the related subjects; transfer ideas and solutions to problems in written and orally.
- To share his / her thoughts and solutions to the problems related to the field with the experts and non-experts by supporting them with quantitative and qualitative data.
-To be able to organize and implement projects and activities for the social environment in which he / she lives with a sense of social responsibility.
- To follow the information in his / her field and to communicate with his / her colleagues by using a foreign language at least at the European Language Portfolio B1 General Level.
- To be able to use information and communication technologies together with computer software at the Advanced Level of European Computer Driving License required by the field.
- To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the data related to the field.
- To have sufficient awareness about the universality of social rights, social justice, quality culture and protection of cultural values, environmental protection, occupational health and safety. |
|
| 10) |
- To be able to critically evaluate the advanced knowledge and skills acquired in the field,
- Identify learning needs and direct learning.
- To develop positive attitudes about lifelong learning. |
|
| 11) |
To act in accordance with social, scientific, cultural and ethical values in the stages of collecting, interpreting, applying and announcing the data related to the field.
- To have sufficient awareness about the universality of social rights, social justice, quality culture and protection of cultural values, environmental protection, occupational health and safety |
|
| 12) |
- To be able to conduct an advanced study independently.
- To be able to take responsibility as an individual and as a team member to solve unforeseen complex problems encountered in the applications related to the field.
- To be able to plan and manage activities for the development of employees working under their responsibility. |
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ISTANBUL OKAN UNIVERSITY INFORMATION PACKAGE / COURSE CATALOGUE
