Inventory Management - Kiesmüller, G. P.
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This book contains several topics of inventory management where the focus is on cycle and safety stocks in different situations. In order to make well-founded statements, mathematical models are used. The chosen models are simple and certainly cover only some aspects of real life. However, they are very valuable in understanding tradeoffs and identifying the essential factors affecting stock levels. Moreover, they can be used to support decision-making and optimize stock levels.

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Produktbeschreibung
This book contains several topics of inventory management where the focus is on cycle and safety stocks in different situations. In order to make well-founded statements, mathematical models are used. The chosen models are simple and certainly cover only some aspects of real life. However, they are very valuable in understanding tradeoffs and identifying the essential factors affecting stock levels. Moreover, they can be used to support decision-making and optimize stock levels.
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Autorenporträt
G.P. Kiesmüller is currently a professor of operations management at the Technical University Munich, Germany. She has more than 25 years of research and teaching experience in inventory management. Moreover, she completed several inventory management projects with application areas in retail, healthcare, and spare parts management. She published numerous papers in the wide area of inventory management in internationally recognized journals.