| Title:
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MARKOVIAN DEMAND INVENTORY MODELS
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| By: |
Dirk Beyer, Feng Cheng, Suresh P. Sethi |
| Format: |
Paperback |
| List price:
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£109.99 |
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| ISBN 10: |
1461424666 |
| ISBN 13: |
9781461424666 |
| Publisher: |
SPRINGER-VERLAG NEW YORK INC. |
| Pub. date: |
25 February, 2012 |
| Edition: |
2010 ed. |
| Series: |
International Series in Operations Research & Management Science 108 |
| Pages: |
255 |
| Description: |
With a particular focus on inventory models where these world events are modeled by Markov processes, the authors present their research on Markovian demand inventory models, which was carried out over a period of ten years beginning in the early nineties. |
| Synopsis: |
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. |
| Illustrations: |
4 Tables, black and white; 15 Illustrations, black and white; XX, 255 p. 15 |
| Publication: |
US |
| Imprint: |
Springer-Verlag New York Inc. |
| Returns: |
Returnable |