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...

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...

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...

A Century of the EOQ -- Multi-period Lot-sizing with Stationary Demand: Extension to Forecast Horizons -- EOQ Models with Supply Disruptions -- Existence of EOQ and Its Evaluation: Some Cases of Stock Blow Down Dynamics Depending on Its Level -- Generalizing the Ordering Cost and Holding-Backlog...

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...