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1 Introduction -- 2 Forecasting -- 3 Single-Echelon Systems with Independent Items -- 4 Coordinated Replenishments -- 5 Multi-Echelon Systems -- 6 Implementation -- Appendix 1 Answers and Hints to Problems -- Appendix 2 Normal Distribution Tables.
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Some Modelling Theoretic Remarks on Multi-Stage Production Planning -- Inventory — Production and Distribution Systems -- Two-Stage Production Planning in a Dynamic Environment -- Overview of a Stock Allocation Model for a Two-Echelon Push System Having Identical Units at the Lower Echelon --...
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This third edition, which has been fully updated and now includes improved and extended explanations, is suitable as a core textbook as well as a source book for industry practitioners. It covers traditional approaches for forecasting, lot sizing, determination of safety stocks and reorder...
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The strategic importance of efficient Supply Chain Management is today fully recognized by top management. The total investment in inventories is enormous, and the control of capital tied up in raw material, work-in-progress, and finished goods offers an important potential for improvement. At...
Persistent link: https://www.econbiz.de/10013520442
We consider the inventory control problem of an independent supplier in a continuous review system. The supplier faces demand from a single customer who in turn faces Poisson demand and follows a continuous review (R, Q) policy. If no information about the inventory levels at the customer is...
Persistent link: https://www.econbiz.de/10011052505
This paper provides a new decision rule for emergency replenishments in an inventory system. The decision rule is a generalization of a previous decision rule suggested and evaluated in Axsäter (2003, 2007). An improvement step is added to this rule and this often means considerably better...
Persistent link: https://www.econbiz.de/10011076785
In equipment-intensive industries such as truck, electronics, aircraft and dredging vessel manufacturing, service parts are often slow moving items for which the transshipment time is not negligible. However, this aspect is hardly considered in the existing service logistics literature. In this...
Persistent link: https://www.econbiz.de/10011043232
This paper considers a single-echelon, continuous review, inventory system with a warehouse facing compound Poisson customer demand. The replenishment lead-time is constant. Demand that cannot be met directly is backordered. There are standard linear holding and backorder costs but no set-up or...
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