Inventory Analytics: Prescriptive Analytics in Supply Chains

This textbook provides a practice-oriented introduction into Analytics-based inventory management in complex supply chains. In the context of Business Analytics, we concentrate on Prescriptive Analytics. In addition to standard single-level inventory models also multi-level approaches for the optimal allocation of safety inventory are presented. Moreover, dynamic lot sizing problems under random demand and random yield and their relationship to Material Requirements Planning (MRP) are discussed.The models and algorithms are illustrated with the help of numerous examples. The book has been written for students of Supply Chain Management and Operations Management as well as for practitioners who are confronted with inventory management in their daily work.

Author: Horst Tempelmeier
Publisher: Books on Demand
Published: 06/02/2020
Pages: 288
Binding Type: Paperback
Weight: 1.11lbs
Size: 10.00h x 7.00w x 0.60d
ISBN13: 9783751930710
ISBN10: 375193071X
BISAC Categories:
- Business & Economics | Operations Research
- Business & Economics | Management | General

About the Author
Horst Tempelmeier is Professor of Supply Chain Management and Production at the University of Cologne, Germany

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