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Imperfect Inventory Systems

Imperfect Inventory Systems

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9783030569730
Condition
New
Product Description

This book examines inventory and production strategies that can reduce unexpected breakdown costs. It highlights different EPQ models to deal with such problems, providing optimal value derivations for decision variables. It provides proofs for concavity or convexity of objective functions. The chapters also include numerical examples for all the developed mathematical models. Imperfect Inventory Systems: Inventory and Production Management and Breakdown should be useful for professionals working on supply chains, but also researchers in operations research and inventory management.

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