Course Name: Management of Inventory Systems

Course abstract

The objective of the course is to introduce the basic concepts and statistical and other quantitative techniques and methods employed in the broad area of materials management, in general and inventory control and management, in particular. Static and dynamic inventory problems under certainty, risk and uncertainty, design of inventory study and decision procedures, current approaches in inventory management, important methods and approaches in purchasing, storing, distribution, value engineering/analysis, logistics and SCM are some of the topics which are required to be covered for the students taking up this course for the first time. Such a comprehensive course is required to be offered by Mechanical Engineering, Industrial Engineering,Manufacturing/Production Engineering and related departments at undergraduate level and by Management/Business schools at the postgraduate level in any renowned university or educational institute in India and abroad. It is essential that the students studying in these disciplines at UG or PG levels should enroll themselves in this course.


Course Instructor

Media Object

Prof. Pradip Kumar Ray

Prof Pradip Kumar Ray is a Professor in the Department of Industrial and Systems Engineering, Indian Institute of Technology (IIT), Kharagpur, India. A mechanical engineering graduate (IIEST, Shibpur) with MTech degree and PhD in industrial engineering (IIT Kharagpur), He has more than thirty-six years of experience - eight years in industry and twenty-eight years of teaching and research experience at IIT Kharagpur. He has published one text book, three edited books, thirteen book chapters, six lecture packages, and 162 papers in international and national journals of repute and conferences His areas of interest include productivity modelling, materials management, quality engineering, ergonomics, healthcare inventory management. He has secured substantial number (27 till date) of industry and research grants. He has supervised 17 PhD scholars. He is a certified Lead Assessor for ISO-9001 registration, and a member of INFORMS and IIMM, and a Fellow of WAPS and IE (India).
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Teaching Assistant(s)

No teaching assistant data available for this course yet
 Course Duration : Jan-Apr 2021

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 Syllabus

 Enrollment : 18-Nov-2020 to 25-Jan-2021

 Exam registration : 15-Jan-2021 to 12-Mar-2021

 Exam Date : 25-Apr-2021

Enrolled

800

Registered

44

Certificate Eligible

26

Certified Category Count

Gold

0

Silver

2

Elite

15

Successfully completed

9

Participation

6

Success

Elite

Silver

Gold





Legend

AVERAGE ASSIGNMENT SCORE >=10/25 AND EXAM SCORE >= 30/75 AND FINAL SCORE >=40
BASED ON THE FINAL SCORE, Certificate criteria will be as below:
>=90 - Elite + Gold
75-89 -Elite + Silver
>=60 - Elite
40-59 - Successfully Completed

Final Score Calculation Logic

  • Assignment Score = Average of best 8 out of 12 assignments.
  • Final Score(Score on Certificate)= 75% of Exam Score + 25% of Assignment Score
Note:
We have taken best assignment score from both Jan 2020 and Jan2021 course
Management of Inventory Systems - Toppers list

AMITKUMAR PRAVINBHAI MODI 86%

HONDA TRADING CORPORATION INDIA PVT LTD

NIHAR RANJAN BEHARA 75%

kribhco

Enrollment Statistics

Total Enrollment: 800

Registration Statistics

Total Registration : 44

Assignment Statistics




Assignment

Exam score

Final score

Score Distribution Graph - Legend

Assignment Score: Distribution of average scores garnered by students per assignment.
Exam Score : Distribution of the final exam score of students.
Final Score : Distribution of the combined score of assignments and final exam, based on the score logic.