Instructor or Coordinator: Steffen Rebennack
Contact information (Office/Phone/Email): EH 310 / 303-273-3925 / srebenna@mines.edu
Office hours: Tuesdays 3:30 pm – 6:00 pm and by appointment
Class meeting days/times: TR / 9:30 am – 10:45 am
Class meeting location: TBA
Web Page/Blackboard link (if applicable):
Teaching Assistant (if applicable): TBA
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Contact information (Office/Phone/Email): TBA
Office hours: TBA
Instructional activity: _3_ hours lecture _0_ hours lab ___ semester hours
Course designation: ___ Common Core ___ Distributed Science or Engineering
___ Major requirement _X_ Elective ___ Other (please describe ___________)
Course description from Bulletin:
The focus of the course is to show how a firm can achieve better “supply-demand matching” through the implementation of rigorous mathematical models and various operational/tactical strategies. We look at organizations as entities that must match the supply of what they produce with the demand for their products. A considerable portion of the course is devoted to mathematical models that treat uncertainty in the supply-chain. Topics include managing economies of scale for functional products, managing marketmediation costs for innovative products, make-to order versus make-to-stock systems, quick response strategies, risk pooling strategies, supply-chain contracts and revenue management. Additional “special topics” may be introduced, such as reverse logistics issues in the supply-chain or contemporary operational and financial hedging strategies, as time permits.
Textbook and/or other requirement materials:
Required text: Fundamentals of Supply Chain Theory , by Lawrence V. Snyder and Zuo-Jun Max
Shen, 1 st
edition, Wiley, 2011
Student learning outcomes: At the conclusion of the class students will…
1.
2.
2. understand the basic challenges associated with a Supply Chain, identify opportunities in a Supply Chain which can be solved systemically, and model, formulate and solve mathematical models to tackle Supply Chain problems.
Brief list of topics covered:
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Introduction and Supply Chain overview
Inventory Models (deterministic and uncertainty)
Multi-Echelon Inventory models
Facility Location models (deterministic and uncertainty)
The Bullwhip Effect
Supply Chain contracts
Auctions
Policy on academic integrity/misconduct: The Colorado School of Mines affirms the principle that all individuals associated with the Mines academic community have a responsibility for establishing, maintaining an fostering an understanding and appreciation for academic integrity. In broad terms, this implies protecting the environment of mutual trust within which scholarly exchange occurs, supporting the ability of the faculty to fairly and effectively evaluate every student’s academic achievements, and giving credence to the university’s educational mission, its scholarly objectives and the substance of the degrees it awards. The protection of academic integrity requires there to be clear and consistent standards, as well as confrontation and sanctions when individuals violate those standards. The Colorado
School of Mines desires an environment free of any and all forms of academic misconduct and expects students to act with integrity at all times.
Academic misconduct is the intentional act of fraud, in which an individual seeks to claim credit for the work and efforts of another without authorization, or uses unauthorized materials or fabricated information in any academic exercise. Student Academic Misconduct arises when a student violates the principle of academic integrity. Such behavior erodes mutual trust, distorts the fair evaluation of academic achievements, violates the ethical code of behavior upon which education and scholarship rest, and undermines the credibility of the university. Because of the serious institutional and individual ramifications, student misconduct arising from violations of academic integrity is not tolerated at Mines. If a student is found to have engaged in such misconduct sanctions such as change of a grade, loss of institutional privileges, or academic suspension or dismissal may be imposed.
The complete policy is online .
Grading Procedures: The homework assignments count collectively for 25% of the grade. Homeworks are weighted equally.
We will have a Mid-Term exam counting for 20% of the grade, plus a final exam that will count for 25% of the grade. The final exam will be comprehensive and will cover all the material.
The team project counts for 30% of your final grade
The final (letter) grade will be determined by considering absolute scores. Specifically, the final grades will be given according to the following table:
93 – 100%
90 – 92%
87 – 89%
83 – 86%
A
At least A-
At least B+
At least B
80 – 82%
77 – 79%
73 – 76%
70 – 72%
At least B-
At least C+
At least C
At least C-
Coursework Return Policy: All homework, exams and the project will be graded within 2 weeks.
Absence Policy (e.g., Sports/Activities Policy): Class attendance is voluntarily.
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TBA
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Homework, Exam make-up and Team Project:
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Homework must be turned in before it is due to be graded – plan ahead.
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There will be between 7-8 homework sets, usually due on a Thursday beginning of class
. Teamwork is encouraged, but submission has to be individual.
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There will be a comprehensive team project. You will work in teams of up to 4 students. At the end of the semester, you will be evaluated by your teammates. Your grade will be based not only on your team score but also on your teammates' evaluations of you. Project development will take place in stages with specific deadlines. The final product will be due in the week before the exam week.
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Exams : If you will be absent during a scheduled exam, you should schedule a make-up time
before you leave.
Common Exam Policy (if applicable): n/a
Detailed Course Schedule:
Date Topic HW Project
Tue.
Thu.
08/25
08/27
Introduction
Introduction
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Tue.
Thu.
09/01
09/03
Introduction
Inventory Models
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09/08
09/10
09/15
09/17
09/22
09/24
Inventory Models
Inventory Models
Inventory Models
Inventory Models
Multi-Echelon Inventory models
Multi-Echelon Inventory models
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HW I due
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HW II due
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HW III due
09/29
10/01
10/06
10/08
10/13
10/15
10/20
10/22
10/27
10/29
11/03
11/05
11/10
11/12
11/17
11/19
11/24
11/26
12/01
12/03
12/08
12/10
TBA
Multi-Echelon Inventory models
Network Models
Network Models
Facility Location models
Facility Location models
Facility Location models
Facility Location models
The Bullwhip Effect
The Bullwhip Effect
The Bullwhip Effect
The Bullwhip Effect
Supply Chain contracts
Supply Chain contracts
Supply Chain contracts
Supply Chain contracts
Auctions
Auctions
Auctions
Auctions
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HW IV due
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HW V due
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Mid-term exam
Fall break – no class
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HW VI due
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HW VII due
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Thanksgiving – no class-
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HW VIII due
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Final exam
Proposal due
Report due