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Inventory and supply chain management with forecast updates

Author: Suresh P Sethi; Houmin Yan; Hanqin Zhang
Publisher: New York : Springer, ©2005.
Series: International series in operations research & management science, 81.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"Inventory and Supply Chain Management with Forecast Updates is concerned with the problems of inventory and supply chain decision making with information updating over time. The models considered include inventory decisions with multiple sources and delivery modes, supply-contract design and evaluation, contracts with exercise price, volume-flexible contracts allowing for spot-market purchase decisions, and  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Suresh P Sethi; Houmin Yan; Hanqin Zhang
ISBN: 9781402081231 1402081235 0387256636 9780387256634
OCLC Number: 59712372
Description: xviii, 290 pages : illustrations ; 24 cm.
Contents: 1. Inventory and supply chain models with forecast updates --
2. Examples from industry --
3. Inventory models with two consecutive delivery modes --
4. Inventory models with two consecutive delivery modes and fixed cost --
5. Inventory models with three consecutive delivery modes --
6. Multiperiod quantity-flexibility contracts --
7. Purchase contract management : fixed exercise cost --
8. Purchase contract management : two-player games.
Series Title: International series in operations research & management science, 81.
Responsibility: Suresh P. Sethi, Houmin Yan, Hanqin Zhang.
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Abstract:

Real problems are formulated into tractable mathematical models, which allow for an analysis of various approaches.Attention is focused on solutions.Provides a unified treatment of the models  Read more...

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   schema:reviewBody ""Inventory and Supply Chain Management with Forecast Updates is concerned with the problems of inventory and supply chain decision making with information updating over time. The models considered include inventory decisions with multiple sources and delivery modes, supply-contract design and evaluation, contracts with exercise price, volume-flexible contracts allowing for spot-market purchase decisions, and competitive supply chains. Real problems are formulated into tractable mathematical models, which allow for an analysis of various approaches, and provide insights for better supply chain management. The book provides a unified treatment of these models, presents a critique of the existing results, and points out potential research directions. Attention is focused on solutions - that is, inventory decisions prior and subsequent to information updates and the impact of the quality of information on these decisions." "This is a book that is written for students, researchers, and practitioners across a number of domains including Operations Management Science, Operations Research, Applied Mathematics and Engineering."--Jacket." ;
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