Optimal Inventory Modeling of Systems Multi-Echelon Techniques

Optimal Inventory Modeling of Systems Multi-Echelon Techniques by Craig C. Sherbrooke is a comprehensive exploration of inventory theory, published by Springer US on April 26, 2013. This 2nd edition, a softcover reprint of the original 2004 edition, spans 392 pages and is presented in English. The book introduces a system approach to inventory modeling, distinguishing itself from traditional item-based methods by considering factors such as unit cost and echelon location, which can lead to significant resource reductions in various operational systems.
Readers will find that this edition includes extensive revisions across all chapters, with four chapters and appendices being entirely new. The text features numerous worked-out examples and incorporates new applications relevant to commercial airlines, military operations during Desert Storm, and updates reflecting the adoption of the Windows interface for personal computer models. The book covers a range of subjects, including operations research, decision-making, and optimization, making it a valuable resource for those interested in production and operations management.
Official synopsis Publisher
Most books on inventory theory use the item approach to determine stock levels, ignoring the impact of unit cost, echelon location, and hardware indenture. Optimal Inventory Modeling of Systems is the first book to take the system approach to inventory modeling. The result has been dramatic reductions in the resources to operate many systems – fleets of aircraft, ships, telecommunications networks, electric utilities, and the space station.
Although only four chapters and appendices are totally new in this edition, extensive revisions have been made in all chapters, adding numerous worked-out examples. Many new applications have been added including commercial airlines, experience gained during Desert Storm, and adoption of the Windows interface as a standard for personal computer models.
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