Selected Topics in Industrial Engineering II (IE 681)

2014 Spring
Faculty of Engineering and Natural Sciences
Industrial Engineering(IE)
3
10
Murat Kaya mkaya@sabanciuniv.edu,
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English
Doctoral, Master
--
Formal lecture,Interactive lecture
Interactive,Discussion based learning,Project based learning,Guided discovery
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CONTENT

LEARNING OUTCOMES

  • Use the newsvendor model to investigate stochastic inventory problems.
  • Discuss the heuristics and biases observed in human newsvendor experiments.
  • Explain supply chain coordination and describe the mechanics of fundamental supply chain contracts (wholesale price, buyback and revenue sharing contracts).
  • Solve contracting games and comment on the resulting equilibrium.
  • Describe human biases that affect strategic long-run interactions.
  • Conduct hypothesis testing and build regression models on experiment data.
  • Design a newsvendor experiment.

ASSESSMENT METHODS and CRITERIA

  Percentage (%)
Midterm 43
Quiz 20
Individual Project 25
Homework 12