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Course Description |
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Course Name |
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Materials Management |
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Course Code |
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ENM326 |
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Course Type |
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Compulsory |
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Level of Course |
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First Cycle |
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Year of Study |
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3 |
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Course Semester |
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Spring (16 Weeks) |
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ECTS |
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5 |
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Name of Lecturer(s) |
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Assoc.Prof.Dr. ALİ KOKANGÜL |
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Learning Outcomes of the Course |
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Determining the optimum amount of inventory stock level, determine the optimum lot size of an order, gain knowledge about using computer package programs for material stock optimization
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Mode of Delivery |
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Face-to-Face |
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Prerequisites and Co-Prerequisites |
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None |
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Recommended Optional Programme Components |
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None |
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Aim(s) of Course |
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Gain ability to determine and apply the most appropriate material stock model in the current operating and market conditions, |
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Course Contents |
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Some definitions: safety stocks, shortage, holding cost etc., Working with low or high stocks, Independent and dependent demand, economic order quantity, fixed and periodic order quantity models (S, S) inventory model, Quantity discount models, single-order models, the periodic ordering systems, material requirements planning, stochastic inventory models, distribution inventory systems, inventory valuation and measurement . |
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Language of Instruction |
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Turkish |
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Work Place |
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IE Classroom |
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Course Outline /Schedule (Weekly) Planned Learning Activities |
| Week | Subject | Student's Preliminary Work | Learning Activities and Teaching Methods |
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1 |
Some definitions: safety stocks, shortage, holding cost etc., |
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2 |
Why we need stock |
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3 |
Cllasifying stocks |
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4 |
Working with low or high stocks, |
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5 |
Independent and dependent demand, |
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6 |
Economic order quantity |
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7 |
Midterm exam |
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8 |
Fixed and periodic order quantity models |
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9 |
(S, S) inventory model |
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10 |
Quantity discount models |
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11 |
Single-order models |
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12 |
Material requirements planning |
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13 |
Material requirements planning |
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14 |
Lot size rules |
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15 |
Inventory valuation and measurement . |
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16/17 |
Final exam |
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Required Course Resources |
| Resource Type | Resource Name |
| Recommended Course Material(s) |
Tersine, R.J., 1994, Principles of inventory and materails management, Fourth Edition, New Jersey.
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| Required Course Material(s) | |
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Assessment Methods and Assessment Criteria |
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Semester/Year Assessments |
Number |
Contribution Percentage |
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Mid-term Exams (Written, Oral, etc.) |
1 |
50 |
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Homeworks/Projects/Others |
0 |
50 |
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Total |
100 |
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Rate of Semester/Year Assessments to Success |
40 |
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Final Assessments
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100 |
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Rate of Final Assessments to Success
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60 |
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Total |
100 |
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| Contribution of the Course to Key Learning Outcomes |
| # | Key Learning Outcome | Contribution* |
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1 |
Can collect and analyze data required for industrial engineering problems ,develops and evaluates alternative solutions. |
4 |
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2 |
Has sufficient background on topics related to mathematics, physical sciences and industrial engineering. |
4 |
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3 |
Gains ability to use the acquired theoretical knowledge on basic sciences and industrial engineering for describing, formulating and solving an industrial engineering problem, and to choose appropriate analytical and modeling methods. |
5 |
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4 |
Gains ability to analyze a service and/or manufacturing system or a process and describes, formulates and solves its problems . |
4 |
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5 |
Gains ability to choose and apply methods and tools for industrial engineering applications. |
2 |
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6 |
Can access information and to search/use databases and other sources for information gathering. |
5 |
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7 |
Works efficiently and takes responsibility both individually and as a member of a multi-disciplinary team. |
4 |
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8 |
Appreciates life time learning; follows scientific and technological developments and renews himself/herself continuously. |
3 |
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9 |
Can use computer software in industrial engineering along with information and communication technologies. |
4 |
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10 |
Can use oral and written communication efficiently. |
2 |
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11 |
Has a conscious understanding of professional and ethical responsibilities. |
4 |
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12 |
Uses English skills to follow developments in industrial engineering and to communicate with people in his/her profession. |
3 |
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13 |
Has a necessary consciousness on issues related to job safety and health, legal aspects of environment and engineering practice. |
3 |
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14 |
Becomes competent on matters related to project management, entrepreneurship, innovation and has knowledge about current matters in industrial engineering. |
4 |
| * Contribution levels are between 0 (not) and 5 (maximum). |
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| Student Workload - ECTS |
| Works | Number | Time (Hour) | Total Workload (Hour) |
| Course Related Works |
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Class Time (Exam weeks are excluded) |
14 |
4 |
56 |
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Out of Class Study (Preliminary Work, Practice) |
14 |
4 |
56 |
| Assesment Related Works |
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Homeworks, Projects, Others |
0 |
0 |
0 |
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Mid-term Exams (Written, Oral, etc.) |
1 |
10 |
10 |
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Final Exam |
1 |
10 |
10 |
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Total Workload: | 132 |
| Total Workload / 25 (h): | 5.28 |
| ECTS Credit: | 5 |
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