Springer Series in Operations Research and Financial Engineering

Muckstadt, John A.

Services requiring parts has become a $1.5 trillion business annually worldwide, creating a tremendous incentive to manage the logistics of these parts efficiently by making planning and operational decisions in a rational and rigorous manner. This book provides a broad overview of modeling approaches and solution methodologies for addressing service parts inventory problems found in high-powered technology and aerospace applications. The focus in this work is on the management of high cost, low demand rate service parts found in multi-echelon settings.

The text may be used in a variety of courses for first-year graduate students or senior undergraduates, as well as for practitioners, requiring only a background in stochastic processes and optimization. It will serve as an excellent reference for key mathematical concepts and a guide to modeling a variety of multi-echelon service parts planning and operational problems.

Details

Published by: Springer

Publication Date: 2004-12-07

Format: Hardcover

ISBN-13: 9780387227153

DOI: 10.1007/b138879

Dimensions: 235cm x155cm

Pages: 278