* 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...
Inventories are prevalent everywhere in the commercial world, whether it be in retail stores, manufacturing facilities, government stockpile material, Federal Reserve banks, or even your own household. This textbook examines basic mathematical techniques used to sufficiently manage inventories by using various computational methods and mathematical models.
The text is presented in a way such that each section can be read independently, and so the order in which the reader approaches the book can be inconsequential. It contains both deterministic and stochastic models along with...
Inventories are prevalent everywhere in the commercial world, whether it be in retail stores, manufacturing facilities, government stockpile materi...
* 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...
