Imperfect Inventory Systems

Download or read book Imperfect Inventory Systems written by Ata Allah Taleizadeh and published by Springer Nature. This book was released on 2021-02-19 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines inventory and production strategies that can reduce unexpected breakdown costs. It highlights different EPQ models to deal with such problems, providing optimal value derivations for decision variables. It provides proofs for concavity or convexity of objective functions. The chapters also include numerical examples for all the developed mathematical models. Imperfect Inventory Systems: Inventory and Production Management and Breakdown should be useful for professionals working on supply chains, but also researchers in operations research and inventory management.