* Provides a broad overview of modeling approaches and solution methodologies for addressing inventory problems, particularly the management of high cost, low demand rate service parts found in multi-echelon settings
* The text may be used in a variety of courses for first-year graduate students or senior undergraduates, or as a reference for researchers and practitioners
* A background in stochastic processes and optimization is assumed
* Provides a broad overview of modeling approaches and solution methodologies for addressing inventory problems, particularly the management of hig...
Stochastic differential games represent one of the most complex forms of decision making under uncertainty. In particular, interactions between strategic behaviors, dynamic evolution and stochastic elements have to be considered simultaneously. The complexity of stochastic differential games generally leads to great difficulties in the derivation of solutions. Cooperative games hold out the promise of more socially optimal and group efficient solutions to problems involving strategic actions. Despite urgent calls for national and international cooperation, the absence of formal solutions...
Stochastic differential games represent one of the most complex forms of decision making under uncertainty. In particular, interactions between str...