Experts in operations research and developers of software
application systems have been treading separate paths for many
years. It is urgently necessary to reset this course so that the
demanding requirements of variousCIM concepts can be realized. This
is specially relevant for computer-based stock management. Both
authors, with a number of years of practical experience behind
them, have written this book with this objective in mind. The book
shows how modern inventory control can be rationally structured
with the help of OR. Two aspects are given importance:1) the
necessary mathematical derivations are completely explained in
detail so that the reader will be able to optimally handle a given
situation with the help of the methods learned in this book, and 2)
aside from the models, strong emphasis is given on numerical
methods. Suitable algorithms are thoroughly explained for the more
important cases.
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