This book examines inventory and production strategies that can
reduce unexpected breakdown costs. It highlights different EPQ
models to deal with such problems, providing optimal value
derivations for decision variables. It provides proofs for
concavity or convexity of objective functions. The chapters also
include numerical examples for all the developed mathematical
models. Imperfect Inventory Systems: Inventory and Production
Management and Breakdown should be useful for professionals working
on supply chains, but also researchers in operations research and
inventory management.
General
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