Inventory Rationing: A New Modeling Approach Using Markov Chain Theory

By Karin Möllering

1 Introduction.- I Foundations of Stochastic Inventory Control.- 2 Basic Inventory Management.- 3 Stochastic Inventory Control.- II Essential Stochastic Processes.- 4 Markov Chains.- 5 Numerical Solution of Markov Chains.- 6 Comparing Stochastic Processes.- III Stochastic Inventory Control with Customer Segmentation.- 7 Introduction to Inventory Rationing.- 8 Modeling Approach.- 9 Prioritization by Penalty Costs.- 10 Prioritization by Service Levels.- 11 Dynamic Rationing Policies.- 12 Conclusion and Critical Review.- Bibliography.

• Format: Paperback
• Language: English
• ISBN: 365824254X
• ISBN13: 9783658242541
• Release Date: March 2019
• Publisher: Springer Gabler
• Length: 172 Pages
• Weight: 0.71 lbs.
• Dimensions: 0.4" x 6.7" x 9.6"