Stochastic Imperfect Inventory Systems: Inventory and Production Management
English | 2025 | ISBN: 3031800982 | 797 Pages | PDF EPUB (True) | 72 MB
English | 2025 | ISBN: 3031800982 | 797 Pages | PDF EPUB (True) | 72 MB
In today’s manufacturing environment, managing inventories is one of the basic concerns of enterprises dealing with materials according to their activities. This book introduces and examines important production strategies such as scrap strategy and rework strategy under stochastic conditions that contribute to the reduction of unexpected costs. In a step-by-step manner, it presents stochastic imperfect inventory models, inventory models involving rework processes or breakdowns, as well as their maintenance. Also, different aspects of uncertainty are provided in multiple chapters of this book.