Course details
Optimization of Logistics Networks
OPER 60520A
The course covers the main concepts related to the optimization of logistics networks, namely demand forecasting, inventory management with deterministic and stochastic demand, supply chain management, revenue management, facility location and logistics network design.
The course aims to provide the student with theoretical and practical knowledge to optimize the design and management of logistics networks. For each of the topics covered, we focus on the quantitative analysis and modeling of the logistics problems encountered as well as on the identification of suitable solution techniques for the problems. Teaching will be in the form of lectures including discussions of articles, problem solving and utilizations of decision support tools. The primary pedagogical approach consists of describing the basic concepts, defining optimization problems, guiding students to develop an intuitive approach to solving small-scale problems, presenting models, algorithms and solution techniques/tools and, ultimately, enabling students to independently solve real-world business problems by utilizing computerized tools.
Themes covered
Demand forecasting
Inventory management
Supply chain management
Revenue management
Facility location
Supply chain network designs
Important notes
Course in French : OPER 60520
Course code
OPER 60520A
Subject
Operations and logistics
Program
Master of Science (MSc)
Location
Côte-des-Neiges
Instruction mode
On-site learning
Credits
3