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.
Base Stock Policies for Periodic Review Inventory Systems
Base Stock Policies for 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 Base Stock Policies for Periodic Review Inventory Systems write by Yanyi Xu. This book was released on 2006. Base Stock Policies for Periodic Review Inventory Systems available in PDF, EPUB and Kindle. We study two stochastic inventory systems. The first part deals with an (s, S) system system, and the second part with an ( R, T) system. In a (s, S) system, the inventory position of a product is reviewed regularly (every T periods), and, if it is found to be below a threshold s, an order is placed to bring the item's inventory position to the level S. In a (R, T) system, an order is placed every T periods to bring the inventory up to the base stock R; it is a special case of an (s, S) system, with s set at minus infinity.
Optimal and Approximate Policies for Periodic Review Inventory Systems
Optimal and Approximate Policies for 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 Optimal and Approximate Policies for Periodic Review Inventory Systems write by Mahesh Srinivasan. This book was released on 2007. Optimal and Approximate Policies for Periodic Review Inventory Systems available in PDF, EPUB and Kindle.
Perishable Inventory Systems
Perishable 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 Perishable Inventory Systems write by Steven Nahmias. This book was released on 2011-05-17. Perishable Inventory Systems available in PDF, EPUB and Kindle. A perishable item is one that has constant utility up until an expiration date (which may be known or uncertain), at which point the utility drops to zero. This includes many types of packaged foods such as milk, cheese, processed meats, and canned goods. It also includes virtually all pharmaceuticals and photographic film, as well as whole blood supplies. This book is the first devoted solely to perishable inventory systems. The book’s ten chapters first cover the preliminaries of periodic review versus continuous review and look at a one-period newsvendor perishable inventory model. The author moves to the basic multiperiod dynamic model, and then considers the extensions of random lifetime, inclusion of a set-up cost, and multiproduct models of perishables. A chapter on continuous review models looks at one-for-one policies, models with zero lead time, optimal policies with positive lead time, and an alternative approach. Additional chapters present material on approximate order policies, inventory depletion management, and deterministic models, including the basic EOQ model with perishability and the dynamic deterministic model with perishability. Finally, chapters explore decaying inventories, queues with impatient customers, and blood bank inventory control. Anyone researching perishable inventory systems will find much to work with here. Practitioners and consultants will also now have a single well-referenced source of up-to-date information to work with.
Optimal Inventory Control Policy for Periodic-Review Inventory Systems with Inventory-Level-Dependent Demand
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.
