Markovian Demand Inventory Models

Name: Markovian Demand Inventory Models
Author: Dirk Beyer

Paperback Engels 2012 2010e druk 9781461424666

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Samenvatting

This text provides a superbly researched insight into Markovian demand inventory models. The result of ten years of research, this work covers all aspects of demand inventory where they are modeled by Markov processes. Inventory management is concerned with matching supply with demand and is a central problem in Operations Management. The central problem is to find the amount to be produced or purchased in order to maximize the total expected profit, or minimize the total expected cost.

Specificaties

ISBN13:9781461424666

Taal:Engels

Bindwijze:paperback

Aantal pagina's:255

Uitgever:Springer US

Druk:2010

Hoofdrubriek:Inkoop en logistiek, Inkoop en logistiek

Serie:International Series in Operations Research & Management Science

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Inhoudsopgave

I INTRODUCTION.- II DISCOUNTED COST MODELS.- Discounted Cost Models with Backorders.- Discount Cost Models with Polynomially Growing Surplus Cost.- Discounted Cost Models with Lost Sales.- III AVERAGE COST MODELS.- Average Cost Models with Backorders.- Average Cost Models with Polynomially Growing Surplus Cost.- Average Cost Models with Lost Sales.- IV MISCELLANEOUS.- Models with Demand Influenced by Promotion.- Vanishing Discount Approach Versus Stationary Distribution Approach.- V CONCLUSIONS AND OPEN RESEARCH PROBLEMS.- Conclusions and Open Research Problems.