BUSML 4382 - LOGISTICS ANALYTICS Autumn 2012 Instructor| Esen Andic 356 Fisher Hall andic_1@fisher.osu.edu Classes| M W F 3.00 pm – 3.55 pm in SB 230 Office hours| By appointment The course| BUSML 4382 can be described as a modeling course in logistics. We will cover a variety of logistics issues and discuss modeling approaches for solving them. The course is organized into five modules (Forecasting, Modeling, Routing & Scheduling, Inventory Management, and Network Design). Each module will consist of a series of lectures on modeling and solution approaches to a class of problems. By the end of the course, you will: be familiar with several modeling problems commonly faced in logistics, understand the uses of, and the appropriateness of solving problems with heuristics, optimization and simulation, be able to solve many of these problems using efficient heuristics (i.e. methods for finding good solutions to a problem) or optimization techniques (i.e. methods for finding the best solution), understand how companies address these problems in the “real world”. Readings| All required readings are available on-line through the OSU library system, or will be posted on the Carmen site. Evaluation| The final grade will be determined by the weighted average of the following: 20% 20% 20% 30% (6 x 5% each) 10% 100% Exam 1 Exam 2 Exam 3 Homework Network Modeling Case Total 1 I will determine the exact cutoffs at the end of the semester. However, the following are approximately what I expect the ranges to look like: A A- B+ B B- C+ C C- D+ D E > 89 [86, 89] [83, 85] [79, 82] [76, 78] [69, 75] [66, 68] [64, 65] [62, 63] [60, 61] < 60 Bonus points: Logistics outside the classroom | You have the opportunity to gain up to 5 additional points by learning about logistics outside the classroom. The ways to do this are the following: 1. Logistics in the News| You can write a one page review of a logistics-related news item. This can come from a current newspaper, magazine, or research journal. Each write-up is worth 1 point. You can also present the topic to the class (a 3-5 minute interpretive review) and receive an additional point. A particular article, however, can only be presented by one student. 2. TLA Meetings. The Transportation and Logistics Association (TLA) meets at 7:15 pm on Tuesdays. You will receive 1 point each time you attend a meeting and then submit a one-page write-up on what you learned. * TIPS about all write-ups| Use double-space and 1 inch margins, with 'normal' fonts (I give partial credit for write-ups that are too short. Writing more than indicated is fine). Write about logistics issues and draw your own conclusions on how events affect logistics. Don’t tell me things that I can find on the company website. Don’t tell me about announcements that were made at meetings, stick to the details about that particular meeting. I am especially interested in reading what’s your take on the subjects covered. Grade Appeal Policy| Any re-grading request should be submitted in writing (e-mail) within 1 week after receipt of the grading and should include a brief explanation of your reasoning. I reserve the right to review the entire assignment or homework. Also note that the review policy works both ways; that is, you may gain OR lose points. Be sure of yourself. Exams| All exams will be closed book and closed-notes. You will be provided a formula sheet with all the required formulas on it for the exams. The exams are not cumulative although some material will carry-over. 2 Should you be sick on an exam day, you must contact the professor more than 8 hours before the exam and schedule a make-up exam that must be taken within 2 days. You will also need to provide a doctor’s note. Homework| There will be 7 homework assignments assigned during the quarter. You are encouraged to do them all, but you are expected to complete and hand-in any 6. Each homework should be turned in at the beginning of class on the due date. Late assignments will not be accepted. You are allowed to work on the assignments in teams of 2 and hand-in one assignment for both people. Network Design Case| Lab time will be used to work on the network design case using Logic Tools. I will introduce the software on the first lab-day and you will have seven lab days to work on the case. You are allowed to work on the case in teams of 2 or 3 and hand in one write-up for the group. Academic Misconduct| I take academic misconduct very seriously. Never represent someone else’s work as your own. If I suspect any violation of the Code of Student Conduct, I will bring it to the attention of the Committee on Academic Misconduct who will determine and impose an appropriate sanction. This can range from a formal reprimand to dismissal. 3 Course schedule| W1 W2 W3 W4 W5 W6 W7 W8 W9 W10 W11 W12 W13 W14 DAY W F M W F M W F M W F M W F M W F M W F M W F M W F M W F M DATE 22-Aug-12 24-Aug-12 27-Aug-12 29-Aug-12 31-Aug-12 3-Sep-12 5-Sep-12 7-Sep-12 10-Sep-12 12-Sep-12 14-Sep-12 17-Sep-12 19-Sep-12 21-Sep-12 24-Sep-12 26-Sep-12 28-Sep-12 1-Oct-12 3-Oct-12 5-Oct-12 8-Oct-12 10-Oct-12 12-Oct-12 15-Oct-12 17-Oct-12 19-Oct-12 22-Oct-12 24-Oct-12 26-Oct-12 29-Oct-12 W 31-Oct-12 F M W F M W F M 2-Nov-12 5-Nov-12 7-Nov-12 9-Nov-12 12-Nov-12 14-Nov-12 16-Nov-12 19-Nov-12 Chapter Introduction and overview Introduction to forecasting Time series approaches I Time series approaches II Forecast Accuracy NO CLASS Trend and seasonality I Trend and seasonality II Regression Techniques Forecasting in Practice Exam Review EXAM I Introduction to optimization Linear programming (LP) Examples of LP problems LP using Excel Integer programming (IP) I Integer programming (IP) II Introduction to heuristics Introduction to simulation Exam Review EXAM II Vehicle routing I Vehicle routing II Vehicle routing III Vehicle routing IV Inventory Management I Inventory Management II Inventory Management III Introduction to network design Guest Lecture - Network design Facility Location Introdution to LogicTools LAB LAB NO CLASS LAB LAB LAB Readings Due HW #1 #1, #2 HW #2 #3, #4, #5 HW #3 HW #4 HW #5 HW #6 HW #7 4 W15 W16 W F M W F M 21-Nov-12 23-Nov-12 26-Nov-12 28-Nov-12 30-Nov-12 3-Dec-12 NO CLASS NO CLASS LAB LAB Readings Discussion Exam Review #6, #7, #8 Case M&L 781 Course Readings| Forecasting # 1 Demand Forecasting: Reality vs. Theory Steve Robeano WebCT # 2 The Demand Management Process Croxton, Lambert, GarciaDastugue and Rogers WebCT Ballou JBL, Vol. 10, #1 Bowersox & Closs JBL, Vol. 10, #2 Powers JBL, Vol. 10, #3 Robinson, Gao & Muggenborg Interfaces, Vol. 23, #3 Cheung, Leung & Wong Interfaces, Vol. 31, #4 Arntzen et al Interfaces, Vol. 25, #1 # 3 Intro to Modeling # 4 # 5 # 6 Network Modeling # 7 # 8 Heuristics: Rules of Thumb for Logistics Decision Making Simulation in Logistics: A Review of Present Practice and a Look to the Future Optimization Models for Logistics Decisions Designing an Integrated Distribution System at DowBrands, Inc. Strategic Service Network Design for DHL Hong Kong Global Supply Chain Management at Digital Equipment Corportation Note: JBL is the Journal of Business Logistics All articles (except #1, #2) can be found in the library or on-line through Business Source Complete. To find them on-line, go to http://www.lib.ohio-state.edu/ and click on "Research Databases", go to "B" and click on "Business Source Complete." From there you can conduct a search using any combinaton of the author, the article title, or the journal title. Once you find the article, you should be able to click on "PDF Full Text" to download the article in pdf format. 5 Additional literature| You are only expected to know what has been covered in the class lectures and homework assignments. The references below are mentioned for the interested reader, or as extra study aid. S. Makridakis, S. Wheelwright, and R. Hyndman, Forecasting Methods and Applications, 3d ed., New York: Wiley, 1998. Wayne L. Winston, Operations Research: Applications and Algorithms, 4th ed., Duxburry Press, 2003 (there are several good operations research books on the market, this is just one) S. Chopra and P. Meindl, Supply Chain Management: strategy, planning, and operation, 2nd ed., Upper Saddle River: Prentice Hall, 2004. (Chapters 5, 7, 14) D. Simchi-Levi, P. Kaminsky, and E. Simchi Levi, Designing and Managing the Supply Chain: concepts, strategies, and case studies, 2nd ed., New York: McGraw Hill, 2003. (Chapters 2, 3.3-3.7) J. Shapiro, Modeling the Supply Chain, Pacific Grove: Duxbury, 2001 (Chapters 3, 4, 6) 6