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Lecture Notes in Economics and Mathematical Systems

Production and Inventory Management with Substitutions

Authors: Lang, J. Christian

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  • ISBN 978-3-642-04247-8
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Softcover $149.00
price for USA in USD
  • ISBN 978-3-642-04246-1
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About this book

This book addresses production and inventory management problems where products can be replaced by specified substitutes. Depending on the considered application, substitutions can potentially improve the service level, reduce required safety stocks and total setup costs and times, utilize cost variations of input products, and reduce the amount of wastage. The main focus is the development of graphical modeling approaches for substitution options and of production planning models based on these approaches using mathematical programming. In addition to single-level dynamic lot-sizing models with substitutions, models for multi-level production systems with flexible bills-of-materials and recipes are devised. Also, a simulation-based optimization approach for a multi-location inventory system with substitutions is developed.

Table of contents (9 chapters)

Table of contents (9 chapters)

Buy this book

eBook $109.00
price for USA in USD
  • ISBN 978-3-642-04247-8
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover $149.00
price for USA in USD
  • ISBN 978-3-642-04246-1
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
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Bibliographic Information

Bibliographic Information
Book Title
Production and Inventory Management with Substitutions
Authors
Series Title
Lecture Notes in Economics and Mathematical Systems
Series Volume
636
Copyright
2010
Publisher
Springer-Verlag Berlin Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-04247-8
DOI
10.1007/978-3-642-04247-8
Softcover ISBN
978-3-642-04246-1
Series ISSN
0075-8442
Edition Number
1
Number of Pages
XX, 260
Number of Illustrations
56 b/w illustrations
Topics