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.

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...

"Inventory Analytics provides a comprehensive and accessible introduction to the theory and practice of inventory control – a significant research area central to supply chain planning. The book outlines the foundations of inventory systems and surveys prescriptive analytics models for...

Machine learning has shown great potential in various domains, but its appearance in inventory control optimization settings remains rather limited. We propose a novel inventory cost minimization framework that exploits advanced decision-tree based models to approximate inventory performance at...