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Inventory management and production planning and scheduling

TLDR
In this paper, the authors present a framework for inventory management and production planning and scheduling with a focus on the most important (Class A) and routine (Class C) items.
Abstract
THE CONTEXT AND IMPORTANCE OF INVENTORY MANAGEMENT AND PRODUCTION PLANNING AND SCHEDULING. The Importance of Inventory Management and Production Planning and Scheduling. Strategic Issues. Frameworks for Inventory Management and Production Planning and Scheduling. Forecasting. TRADITIONAL REPLENISHMENT SYSTEMS FOR MANAGING INDIVIDUAL--ITEM INVENTORIES. Order Quantities When Demand is Approximately Level. Lot Sizing for Individual Items with Time--Varying Demand. Individual Items with Probabilistic Demand. SPECIAL CLASSES OF ITEMS. Managing the Most Important (Class A) Inventories. Managing Routine (Class C) Inventories. Style Goods and Perishable Items. THE COMPLEXITIES OF MULTIPLE ITEMS AND MULTIPLE LOCATIONS. Coorinated Replenishments at a Single Stocking Point. Supply Chain Management and Multiechelon Inventories. PRODUCTION PLANNING AND SCHEDULING. An Overall Framework for Production Planning and Scheduling. Medium--Range Aggregate Production Planning. Material Requirements Planning and its Extensions. Just--in--Time and Optimized Production Technology. Short--Range Production Scheduling. Summary. Appendices. Indexes.

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Citations
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Book ChapterDOI

Supply Chain Coordination with Contracts

TL;DR: This chapter extends the newsvendor model by allowing the retailer to choose the retail price in addition to the stocking quantity, and discusses an infinite horizon stochastic demand model in which the retailer receives replenishments from a supplier after a constant lead time.
Journal ArticleDOI

The single-period (news-vendor) problem: literature review and suggestions for future research

TL;DR: In this article, a taxonomy of the single-period problem (SPP) literature is presented, and the contribution of the different SPP extensions are delineated and some future directions for research are discussed.
Journal ArticleDOI

Flow Coordination and Information Sharing in Supply Chains: Review, Implications, and Directions for Future Research

TL;DR: This research attempts to help fill gaps in the current body of knowledge in the value of information sharing and physical flow coordination in the e-business arena by surveying prior research in the area, categorized in terms of information shares and flow coordination.
Journal ArticleDOI

Monte Carlo bounding techniques for determining solution quality in stochastic programs

TL;DR: It is shown that, in expectation, z^*"n is a lower bound on z* and that this bound monotonically improves as n increases, and confidence intervals are constructed on the optimality gap for any candidate solution x@^ to SP.
Journal ArticleDOI

Supply chain management and advanced planning : basics, overview and challenges

TL;DR: In this paper, the authors extract the essence of SCM and advanced planning in the form of two conceptual frameworks: the house of supply chain management and the supply chain planning matrix.
References
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Book

Finance and Accounting for Nonfinancial Managers

TL;DR: In this article, the authors present a book on accounting for non-financial managers, focusing on the identification of the needs and abilities of their audience. But the authors do not specify a selection of topics which will suit every reader.
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