Material Management

Course Code: MGT 421

Credit Hour: 3

Course Group: Specialization Course: Management

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Material management: Importance and function of material management, purchasing and distribution, inventory concept and inventory management.

Inventory system: economic order quantity, continuous review system, periodic review system, hybrid system, quantity discount, one-period decision.

Aggregate planning: nature and managerial importance of aggregate plans, the planning process, aggregate planning for services and manufacturing.

Master production scheduling: scheduling process and managerial issues, developing a schedule, rough-cut capacity planning.

Material requirement planning: meaning and benefits, inventory records, planning factors, MRP as an information system, implementation issues.

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Recommended Books

LEE J. krajewski and Larry P. Ritzman, operations Management: strategy and analysis, Addison-Wesley publishing company

Garvin, D.A managing quality, the free press, New york