Supply Chain Analysis and Design
Optimise logistics and distribution practices using state-of-the-art practices.
Advance your spreadsheet and database modelling skills. Simulate real supply chain challenges. Wield mathematical and statistical models to work out logistics issues.
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Subjects may require attendance
- 26 May 2019
On successful completion of this subject you will be able to:
- Use selected concepts, principles and procedures related to supply chain management for effective decision making
- Investigate various methods to assess logistics and distribution practices
- Apply the tools and underlying principles of logistics to optimise operations in network models
- Identify and evaluate the processes, tools and principles of logistics practices in the manufacturing and service sectors
- Apply mathematical solutions to optimise supply chain networks and logistics problems.
- Introduction to Modelling
- Linear programming (LP): Concepts and model formulation
- Linear programming: Graphical and computer solutions
- Sensitivity Analysis
- Network Model 1: Transportation, Transhipment, and Assignment problems
- Network Model 2: Shortest Path method, maximal flow problem, minimum spanning tree
- Integer Programming
- Project Management
- Waiting line models
- Decision Theory
- Unit Review
- Printable format materials
You are recommended to have completed the following subjects(s) or have equivalent knowledge before starting this subject:
No special requirements
This unit provides an introduction to quantitative methods that can be used in industry. You will acquire advanced spreadsheet and database modelling skills. The subject will introduce static and dynamic models of supply chains and logistics systems. Specifically it will apply transport and transhipment models to optimise supply chains.
The subject will enhance your appreciation of logistics and the usefulness of mathematical and statistical models in solving logistics problems. You will learn to think systematically about the fundamental processes involved and to evaluate the performance of a supply chain as a system. You will also develop your critical thinking skills to the point where you are able to deliberate on contemporary issues in supply chain management.
- Assignment 1 (20%)
- Assignment 2 (30%)
- 2 Hour Invigilated Exam (50%)
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