PDF->Inventory Optimization: Models and Simulations Writen By Nicolas Vandeput

Inventory Optimization: Models and Simulations

By : Nicolas Vandeput

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Book Synopsis :

Inventory Optimization argues that mathematical inventory models can only take us so far with supply chain management. In order to optimize inventory policies, we have to use probabilistic simulations. It explains how to implement these models and simulations step-by-step, starting from simple deterministic ones to complex probabilistic multi-echelon optimization.The first two parts of the book discuss classical mathematical models, their limitations and assumptions, and a quick but effective introduction to Python is provided. Part 3 contains more advanced models (cost optimization, fill rate and expected loss sales, service level optimization, gamma distribution, using forecast error instead of demand variability) as well as an explanation on how one can easily optimize a multi-echelon supply chain based on the guaranteed service model. Part 4 discusses the optimization of inventory optimization under custom discrete demand probability functions.Inventory managers, demand planners

Book Detail :

Author : Nicolas Vandeput

Pages : pages

Publisher :

Language :

ISBN-10 : 3110673916

ISBN-13 : 9783110673913

 
Supporting format: PDF, EPUB, Kindle, Audio, MOBI, HTML, RTF, TXT, etc.
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