Most books on inventory theory use the item approach to
determine stock levels, ignoring the impact of unit cost, echelon
location, and hardware indenture. Optimal Inventory Modeling of
Systems is the first book to take the system approach to inventory
modeling. The result has been dramatic reductions in the resources
to operate many systems - fleets of aircraft, ships,
telecommunications networks, electric utilities, and the space
station.
Although only four chapters and appendices are totally new in
this edition, extensive revisions have been made in all chapters,
adding numerous worked-out examples. Many new applications have
been added including commercial airlines, experience gained during
Desert Storm, and adoption of the Windows interface as a standard
for personal computer models.
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