Fundamentals of Supply Chain Theory
John Wiley & Sons, Aug 23, 2011 - Business & Economics - 369 pages
An authoritative, quantitative approach to supply chain management
Addressing the need for the study of supply chain management to evolve at the same pace as it's real-world practice, Fundamentals of Supply Chain Theory presents the methodology and foundations of the topic and also demonstrates how recent developments build upon classic models. The authors focus on strategic and tactical aspects of supply chain management, covering a broad range of topics from forecasting, inventory management, and facility location to process flexibility, contracting, and auctions.
Key mathematical models for optimizing the design, operation, and evaluation of supply chains are presented as well as models currently emerging from the research frontier. Following a thorough introduction, the book delves into a discussion of centralized models, including:
In addition, the authors present decentralized models that involve multiple parties with independent, conflicting objectives, covering topics such as:
Each chapter concludes with a set of problems that challenge readers to understand, interpret, and extend the discussed models and algorithms. In addition, extensive appendices provide guidance on writing proofs and also outline helpful formulas related to probability theory, calculus, and algebra.
Extensively class-tested to ensure an easy-to-follow presentation, Fundamentals of Supply Chain Theory is a suitable book for business and engineering courses on supply chain management at the graduate level. The book also serves as an authoritative reference for academics and practitioners working in the areas of operations research, business, management science, and industrial engineering.
This book was named theá2011 Joint Publishers Book of the Year by the Institute of Industrial Engineers.
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CONTENTS IN BRIEF 1 Introduction 1
Forecasting and Demand Modeling
Deterministic Inventory Models
Stochastic Inventory Models
under T Q policy
MultiEchelon Inventory Models
Dealing with Uncertainty in Inventory Optimization
Facility Location Models
The Bullwhip Effect
Supply Chain Contracts
How to Write Proofs A Short Guide
Dealing with Uncertainty in Facility Location