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Inventory optimization = models and simulations /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Inventory optimization/ Nicolas Vandeput.
Reminder of title:	models and simulations /
Author:	Vandeput, Nicolas.
Published:	Berlin ;De Gruyter, : c2020.,
Description:	1 online resource (xxvi, 292 p.)
Subject:	Inventory control. -
Online resource:	https://www.degruyter.com/isbn/9783110673944
ISBN:	9783110673944

Inventory optimization = models and simulations /
Vandeput, Nicolas.

Inventory optimizationmodels and simulations /[electronic resource] :Nicolas Vandeput. - Berlin ;De Gruyter,c2020. - 1 online resource (xxvi, 292 p.)

Includes bibliographical references and index.

In this book ... Nicolas Vandeput hacks his way through the maze of quantitative supply chain optimizations. This book illustrates how the quantitative optimization of 21st century supply chains should be crafted and executed. ... Vandeput is at the forefront of a new and better way of doing supply chains, and thanks to a richly illustrated book, where every single situation gets its own illustrating code snippet, so could you. --Joannes Vermorel, CEO, Lokad Inventory Optimization argues that mathematical inventory models can only take us so far with supply chain management. In order to optimize inventory policies, we have to use probabilistic simulations. The book explains how to implement these models and simulations step-by-step, starting from simple deterministic ones to complex multi-echelon optimization. The first two parts of the book discuss classical mathematical models, their limitations and assumptions, and a quick but effective introduction to Python is provided. Part 3 contains more advanced models that will allow you to optimize your profits, estimate your lost sales and use advanced demand distributions. It also provides an explanation of how you can optimize a multi-echelon supply chain based on a simple--yet powerful--framework. Part 4 discusses inventory optimization thanks to simulations under custom discrete demand probability functions. Inventory managers, demand planners and academics interested in gaining cost-effective solutions will benefit from the "do-it-yourself" examples and Python programs included in each chapter.

ISBN: 9783110673944

Standard No.: 10.1515/9783110673944doiSubjects--Topical Terms:

599703
Inventory control.

LC Class. No.: TS160 / .V36 2020

Dewey Class. No.: 658.77

Inventory optimization = models and simulations /
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260 $a Berlin ; $a Boston : $b De Gruyter, $c c2020.
300 $a 1 online resource (xxvi, 292 p.)
504 $a Includes bibliographical references and index.
520 $a In this book ... Nicolas Vandeput hacks his way through the maze of quantitative supply chain optimizations. This book illustrates how the quantitative optimization of 21st century supply chains should be crafted and executed. ... Vandeput is at the forefront of a new and better way of doing supply chains, and thanks to a richly illustrated book, where every single situation gets its own illustrating code snippet, so could you. --Joannes Vermorel, CEO, Lokad Inventory Optimization argues that mathematical inventory models can only take us so far with supply chain management. In order to optimize inventory policies, we have to use probabilistic simulations. The book explains how to implement these models and simulations step-by-step, starting from simple deterministic ones to complex multi-echelon optimization. The first two parts of the book discuss classical mathematical models, their limitations and assumptions, and a quick but effective introduction to Python is provided. Part 3 contains more advanced models that will allow you to optimize your profits, estimate your lost sales and use advanced demand distributions. It also provides an explanation of how you can optimize a multi-echelon supply chain based on a simple--yet powerful--framework. Part 4 discusses inventory optimization thanks to simulations under custom discrete demand probability functions. Inventory managers, demand planners and academics interested in gaining cost-effective solutions will benefit from the "do-it-yourself" examples and Python programs included in each chapter.
588 $a Description based on print version record.
650 0 $a Inventory control. $3 599703
650 0 $a Business logistics. $3 562973
856 4 0 $u https://www.degruyter.com/isbn/9783110673944