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Analysis and Optimization

In: Periodic Review Inventory Systems

Author

Listed:
  • Thomas Wensing

    (Catholic University Eichstätt-Ingolstadt)

Abstract

The preceding chapters introduced the analysis of inventory systems from a comprehensive perspective. In Chap. 2 we described the general forms of single-level inventory systems along with the basic concepts for describing the state of an inventory system, and the elementary figures for evaluating its performance. We then gave a broad literature overview in Chap. 3, and introduced some basic analytical methods in Chap. 4 with a focus on the application to periodic review models operating on a discrete time axis. In Chap. 5, we – also from a broad perspective – indicated different possibilities for incorporating lead time stochasticity into inventory models.

Suggested Citation

  • Thomas Wensing, 2011. "Analysis and Optimization," Lecture Notes in Economics and Mathematical Systems, in: Periodic Review Inventory Systems, chapter 0, pages 81-136, Springer.
    • Handle: RePEc:spr:lnechp:978-3-642-20479-1_6
    DOI: 10.1007/978-3-642-20479-1_6
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    Cited by:

    1. Nguyen, Duy Tan & Adulyasak, Yossiri & Landry, Sylvain, 2021. "Research manuscript: The Bullwhip Effect in rule-based supply chain planning systems–A case-based simulation at a hard goods retailer," Omega, Elsevier, vol. 98(C).

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