LSCM 6040 - Modeling and Analysis of Logistics Systems

3 hours

Review of published research in the disciplines associated with the modeling and analysis of logistics and physical distribution (movement and storage) systems. Literature chosen for analysis includes both the theoretical background and practical application of the most common analytical tools used in optimizing various characteristics of logistics systems. Two basic modeling approaches are investigated: closed form or analytical (optimization) and simulation (sensitivity to parameters) in pursuit of both “exact” and “heuristic” solutions. Focus of the course is methodological; however, it spans a broad variety of topical areas.

Prerequisite(s): None.