(Free) Markovian Demand Inventory Models (International Series in Operations Research & Management Science)
✿ Dirk Beyer, Feng Cheng, Suresh P. Sethi, Michael Taksar ✿
| #4792749 in Books | 2009-10-16 | Original language:English | PDF # 1 | 9.21 x.69 x6.14l,1.24 | File Name: 0387716033 | 255 pages
||||From the reviews:“In this book, the authors present a complete, rigorous mathematical treatment of the classical dynamic inventory models with stochastic demands. … This book is an elegant and comprehensive account of Markovian demand inventory
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 ...
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