Course detail

Supply Chain Management

FSI-SRR-AAcad. year: 2025/2026

The subject provides an overview of economics and management terminology, emphasizing operations research models of problems arising in logistical planning.

Language of instruction

English

Number of ECTS credits

3

Mode of study

Not applicable.

Guarantor

doc. Mgr. Petr Vašík, Ph.D.

Department

Institute of Mathematics (ÚM)

Entry knowledge

Knowledge of probability and linear programming experience is required.

Rules for evaluation and completion of the course

The course is concluded by submitting a final semester project focusing on production/inventory/distribution strategies. The project must include at least 3,000 words and will be presented and defended.

Aims

This subject aims to provide a comprehensive introduction to economics and management, specifically focusing on the financial aspects of supply chains. It leverages case studies to illustrate how general management methods are applied in real-world scenarios. Students will be introduced to dynamic lot sizing inventory models and stochastic and deterministic multi-echelon inventory systems.

Study aids

Presentations and learning materials will be provided by the lecturer

Prerequisites and corequisites

Not applicable.

Basic literature

Simchi-Levi, David, Xin Chen, and Julien Bramel. The Logic of Logistics: Theory, Algorithms, and Applications for Logistics and Supply Chain Management. 2nd ed. New York, NY: Springer, 2004. ISBN: 9780387221991. (EN)
Simchi-Levi, David, Philip Kaminsky, and Edith Simchi-Levi. Designing and Managing the Supply Chain. McGraw Hill/Irwin, 2007. ISBN: 9780073341521. (EN)

Recommended reading

Chopra, Sunil, and Peter Meindl. "Planning and Managing Inventories in a Supply Chain." Part IV in Supply Chain Management. 3rd ed. Prentice Hall, 2006, pp. 249-383. ISBN: 9780131730427 (EN)

Classification of course in study plans

  • Programme N-LAN-A Master's 1 year of study, winter semester, compulsory-optional

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

doc. Mgr. Petr Vašík, Ph.D.

Syllabus

Background:

1. Introduction and course overview

2. Basics of performance analysis techniques

Economic Lot Size Models with Constant Demands:

3. Introduction

4. Multi-Item Inventory Models

5. A Single Warehouse Multi-Retailer Model.

Economic Lot Size Models with Varying Demands:

6. The Wagner-Whitin Model.

7. Models with Capacity Constraints

Stochastic Inventory Models:

8. Finite Horizon Models.

9. Infinite Horizon Models

Facility Location Models:

10. p -Median Problem

11. A Distribution System Design Problem

12.-13. Integrated Logistics Models

Computer-assisted exercise

13 hod., compulsory

Teacher / Lecturer

doc. Mgr. Petr Vašík, Ph.D.

Syllabus

In the first exercise, the final project will be assigned. Further exercises will follow the topics from the lectures from the previous week. The last two exercises are reserved for project presentations.