Inventory Control: Models and Methods

✍ Scribed by Prof. Dr. Dieter Bartmann, Prof. Dr. Martin J. Beckmann (auth.)

Publisher: Springer-Verlag Berlin Heidelberg
Year: 1992
Tongue: English
Leaves: 270
Series: Lecture Notes in Economics and Mathematical Systems 388
Edition: 1
Category: Library

No coin nor oath required. For personal study only.

✦ Synopsis

Experts in operations research and developers of software application systems have been treading separate paths for many years. It is urgently necessary to reset this course so that the demanding requirements of variousCIM concepts can be realized. This is specially relevant for computer-based stock management. Both authors, with a number of years of practical experience behind them, have written this book with this objective in mind. The book shows how modern inventory control can be rationally structured with the help of OR. Two aspects are given importance:1) the necessary mathematical derivations are completely explained in detail so that the reader will be able to optimally handle a given situation with the help of the methods learned in this book, and 2) aside from the models, strong emphasis is given on numerical methods. Suitable algorithms are thoroughly explained for the more important cases.

✦ Table of Contents

Front Matter....Pages I-XV
Deterministic Inventory Models....Pages 1-55
The Wilson Model with Poisson Demand....Pages 56-90
Stochastic Single Period Models....Pages 91-113
Stochastic Models with Continuous Review....Pages 114-146
Stochastic Models with Periodic Review....Pages 147-217
Numerical Methods....Pages 218-245
Back Matter....Pages 245-256

✦ Subjects

Organization/Planning; Operations Research/Decision Theory; Control, Robotics, Mechatronics; Engineering Economics, Organization, Logistics, Marketing

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