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Strategic Safety Stocks in Supply Chains

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Strategic Safety Stocks in Supply Chains Synopsis

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.

About This Edition

ISBN: 9783540678717
Publication date:
Author: Stefan Minner
Publisher: Springer an imprint of Springer Berlin Heidelberg
Format: Paperback
Pagination: 214 pages
Series: Lecture Notes in Economics and Mathematical Systems
Genres: Management of specific areas
Automatic control engineering
Management and management techniques
Engineering: general