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...

Mit dem Entwurf eines mehrstufigen Lagerhaltungsmodells für die krankenhausinterne Versorgung mit medizinischem Verbrauchsmaterial identifiziert die Autorin Kostensenkungspotentiale bei gleichzeitiger Gewährleistung der Versorgungssicherheit. Sie liefert ein Werkzeug zur Erhöhung der...

Real problems are formulated into tractable mathematical models, which allow for an analysis of various approaches.Attention is focused on solutions.Provides a unified treatment of the models discussed , presents a critique of the existing results, and points out potential research directions.

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...

Introduction -- Basic Multi-Item, Single-Location Inventory Model -- Multiple Machine Types with Commonality -- Service Differentiation -- Multi-Location System with Lateral Transshipments -- Two-Echelon System -- Multi-Echelon, Multi-Indenture System -- Static Repair Priorities.

The integration of product recovery into regular production processes enables new opportunities for cost savings. It also yields new challenges for inventory management because there are two sources to satisfy product requirements which need to be coordinated by additionally taking into account...

Companies in the fast moving consumer goods industry increasingly look for technologies to improve customer satisfaction while reducing costs at the same time. A technology allowing to raise the availability of products on the retailers' shelves while providing cost reduction opportunities is...

Inventory Management in Multi-Echelon Networks presents methods to plan inventory in distribution networks. By holistically looking at the supply chain, it shows how safety stocks across all echelons can be optimized if inventory of all levels is taken into consideration. The gap between the...

This book develops a modeling framework to analyze the problem of inventory management with alternative delivery times. The general context considered here is that a seller replenishes its inventory in fixed intervals and, between replenishments, allocates the limited inventory to satisfy...