Analysis and Optimization

Thomas Wensing ()
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Thomas Wensing: Catholic University Eichstätt-Ingolstadt

Chapter Chapter 6 in Periodic Review Inventory Systems, 2011, pp 81-136 from Springer

Abstract: Abstract The preceding chapters introduced the analysis of inventory systems from a comprehensive perspective. In Chap. 2 we described the general forms of single-level inventory systems along with the basic concepts for describing the state of an inventory system, and the elementary figures for evaluating its performance. We then gave a broad literature overview in Chap. 3, and introduced some basic analytical methods in Chap. 4 with a focus on the application to periodic review models operating on a discrete time axis. In Chap. 5, we – also from a broad perspective – indicated different possibilities for incorporating lead time stochasticity into inventory models.

Keywords: Lead Time; Inventory Level; Fill Rate; Customer Order; Order Cycle (search for similar items in EconPapers)
Date: 2011
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DOI: 10.1007/978-3-642-20479-1_6

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