Strategic Safety Stocks in Supply Chains (Lecture Notes in Economics and Mathematical Systems)
Editorial Reviews
Book Description
Increasing customer requirements, product variety, and market competition demand for service and cost improvements by model based inventory control in supply chains. The book presents approaches for safety stock determination in manufacturing and logistics networks. Most of the existing literature provides methods for very specific types of supply networks. The approach presented in this book follows a material flow philosophy that allows for several extensions of the basic models and therefore offers a wide applicability within decision support systems. Models for several types of problems and network structures are presented and analyzed to develop efficient optimization algorithms and heuristics.
Book Info
Presents a breakthrough in research on the issue of size and allocation of safety stock in complex supply networks with stochastic customer demands determination to meet customer service levels at minimum inventory holding costs. Delivers major algorithms as well as presenting the research. Softcover.
Strategic Safety Stocks in Supply Chains (Lecture Notes in Economics and Mathematical Systems),Stefan Minner,Springer,3540678719,Business / Economics / Finance,General,Inventory control,Management - General,Manufacturing,Production Engineering,Science/Mathematics,Stores or stock-room keeping,Technology,Business & Economics / Management Science,Distribution & warehousing management,Logistikketten,Logistikmanagement,Purchasing & supply management,Safety stocks,Sicherheitslager,Supply chain management,Supply chains,logistic networks,logistics
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