Operational Production Management

The course covers mathematical models that support the management of production processes. The focus of the course is especially on models for determining production lot sizes and delivery quantities and for determining production sequences. The methods discussed in the course are of special importance in the manufacturing sector, where companies often maintain high inventory levels. Lot sizes influence the build-up and depletion of inventory in this context. The determination of production sequences is especially important in series production, where companies often have to change the machine settings when shifting from one product type to the next. The methods covered in the course support the planning of a cost-efficient production process in such industries.