Markovian Demand Inventory Models
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Book Overview
Inventory management is concerned with matching supply with demand and a central problem in Operations Management. The 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. Over the past two decades, several variations of the formula appeared, mostly in trade journals written by and for inventory managers. A critical assumption in the inventory literature is...
Format:Paperback
Language:English
ISBN:1461424666
ISBN13:9781461424666
Release Date:February 2012
Publisher:Springer
Length:255 Pages
Weight:0.86 lbs.
Dimensions:0.6" x 6.1" x 9.2"
Related Subjects
Business Business & Investing Economics Engineering Math Mathematics Science & Math TechnologyCustomer Reviews
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