Optimal Inventory Control Policy for Periodic-Review Inventory Systems with Inventory-Level-Dependent Demand - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Optimal Inventory Control Policy for Periodic-Review Inventory Systems with Inventory-Level-Dependent Demand write by Youhua Chen. This book was released on 2013. Optimal Inventory Control Policy for Periodic-Review Inventory Systems with Inventory-Level-Dependent Demand available in PDF, EPUB and Kindle. We consider a setting in which inventory plays both promotional and service roles; that is, higher inventories not only improve service levels but also stimulate demand by serving as a promotional tool (e.g., as the result of advertising effect by the enhanced product visibility). Specifically, we study the periodic-review inventory systems in which the demand in each period is uncertain but increases with the inventory level. We investigate the multiperiod model with normal and expediting orders in each period, that is, any shortage will be met through emergency replenishment. Such a model takes the lost sales model as a special case. For the cases without and with fixed order costs, the optimal inventory replenishment policy is shown to be of the base-stock type and of the (s, S) type, respectively.
Periodic Review Inventory Systems
Periodic Review Inventory Systems - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Periodic Review Inventory Systems write by Thomas Wensing. This book was released on 2011-06-26. Periodic Review Inventory Systems available in PDF, EPUB and Kindle. The focus of the work is twofold. First, it provides an introduction into fundamental structural and behavioral aspects of periodic review inventory systems. Second, it includes a comprehensive study on analytical and optimization aspects of a specific class of those systems. For the latter purpose, general solution methods for problems of inventory management in discrete time are described and developed along with highly specialized methods to solve very specific problems related to the model variants examined. The work is thus addressed to students and practitioners who seek a deeper understanding of managing inventories in discrete time as well as to software developers who require implementation aids on specific problems of inventory management.
Continuous-Review Policies for a Multi-Echelon Inventory Problem With Stochastic Demand (Classic Reprint)
Continuous-Review Policies for a Multi-Echelon Inventory Problem With Stochastic Demand (Classic Reprint) - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Continuous-Review Policies for a Multi-Echelon Inventory Problem With Stochastic Demand (Classic Reprint) write by Marc de Bodt. This book was released on 2015-08-05. Continuous-Review Policies for a Multi-Echelon Inventory Problem With Stochastic Demand (Classic Reprint) available in PDF, EPUB and Kindle. Excerpt from Continuous-Review Policies for a Multi-Echelon Inventory Problem With Stochastic Demand Continuous-Review Policies for a Multi-Echelon Inventory Problem With Stochastic Demand was written by Marc de Bodt and Stephen C. Graves in 1982. This is a 58 page book, containing 5607 words and 5 pictures. Search Inside is enabled for this title. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Inventory Control
Inventory Control - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Inventory Control write by Sven Axsäter. This book was released on 2013-04-17. Inventory Control available in PDF, EPUB and Kindle. Modem information technology has created new possibilities for more sophisticated and efficient control of supply chains. Most organizations can reduce their material flow costs substantially. Inventory control techniques are very important components in this development process. A thorough understanding of relevant inventory models is a prerequisite for successful implementation. I hope that this book will be a useful tool in acquiring such an understanding. Nearly ten years ago I wrote a Swedish book on inventory control. This previous book has been used in courses in production and inventory control at several Swed ish engineering schools and has also been appreciated by many practitioners in the field. Positive reactions from many readers have occasionally made me contemplate writing a new book in English on the same subject. Encouraging support of this idea from the Kluwer Editors Fred Hillier and Gary Folven finally convinced me to go ahead with the project. The result is this new book, which in many ways differs from its Swedish prede cessor. Some differences are due to recent developments in inventory control. Fur thermore, this new book is in a sense more theoretical. In particular, it is to a larger extent focused on creating a good basic understanding of different possible ap proaches when analyzing inventory models.
Periodic-Review Inventory Model with Three Consecutive Delivery Modes and Forecast Updates
Periodic-Review Inventory Model with Three Consecutive Delivery Modes and Forecast Updates - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Periodic-Review Inventory Model with Three Consecutive Delivery Modes and Forecast Updates write by Qi Feng. This book was released on 2014. Periodic-Review Inventory Model with Three Consecutive Delivery Modes and Forecast Updates available in PDF, EPUB and Kindle. This paper is concerned with a periodic-review inventory system with three consecutive delivery modes (fast, medium, and slow) and demand forecast updates. At the beginning of each period, the inventory level and demand information are updated and decisions on how much to order using each of the three delivery modes are made. It is shown that there is a base-stock policy for fast and medium modes which is optimal. Furthermore, the optimal policy for the slow mode may not be a base-stock policy in general.
