Students must have a passing grades in a 2-year Economics-Administration curriculum or equivalent and LOG300 or equivalent. It will be advisable to be able to use a spreadsheet in order to solve exercises and the assignments.

The course is a continuation of LOG300. Models for managing the individual links in the value chain will be emphasized. The course will focus on problems in distribution, inventory and production, and forecasting. In addition, quantitative models will be presented for the aforementioned areas and used explicitly in formulating solutions to logistical problems.

In production master production scheduling will be treated in context with material requirement planning (MRPI), fast in time and OPT. In aggregated production planning the simpleste cases will be treated. Further deterministic inventory theory for families of items with and without restrictions on resources will be treated, together with discounts and some stocastic inventory models. Lot sizing wil be treated as a specific topic as will some simple forecasting methods, transportation and transhipment models and an introduction to vehicle routing. Finally quality and accurance will be treated.