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Basic terminology and techniques for the control of production and service systems including economic order quantity models; stochastic inventory models; material requirements planning; Theory of Constraints; single and mixed model assembly lines ; and lean manufacturing. Emphasis on mathematical models of the interaction between limited capacity and stochastic variability through the use of queueing models to describe system behavior.

Prerequisite: ³§°ÕÌý371 or ³§°ÕÌý372

Typically offered in Fall only