Markovian Demand Inventory Models

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  • Markovian Demand Inventory Models Book Detail

  • Author : Dirk Beyer
  • Release Date : 2009-10-03
  • Publisher : Springer Science & Business Media
  • Genre : Business & Economics
  • Pages : 260
  • ISBN 13 : 0387716041
  • File Size : 75,75 MB

Markovian Demand Inventory Models by Dirk Beyer PDF Summary

Book Description: This text provides a superbly researched insight into Markovian demand inventory models. The result of ten years of research, this work covers all aspects of demand inventory where they are modeled by Markov processes. Inventory management is concerned with matching supply with demand and is a central problem in Operations Management. The central problem is to find the amount to be produced or purchased in order to maximize the total expected profit, or minimize the total expected cost.

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Markovian Demand Inventory Models

Markovian Demand Inventory Models

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This text provides a superbly researched insight into Markovian demand inventory models. The result of ten years of research, this work covers all aspects of de