Titlebook: Inventory Management in Multi-Echelon Networks; On the Optimization Christopher Grob Book 2019 The Editor(s) (if applicable) and The Autho

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Introduction,s with rapid advancements in information technology have in theory enabled companies to plan inventory along their entire supply chain and enter the field of multi-echelon inventory management. By holistically looking at the supply chain, it takes inventory at every echelon into consideration.

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Multi-echelon distribution networks,ereby describe how demand and fill rate can be modeled on the different echelons and how stock on the echelons is connected via the wait time. Figure 3.1 shows an exemplary 3-echelon distribution network.

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Conclusion,use (R,Q)-order policies. Our contributions can be divided in three main areas: the approximation of wait time, the optimization of reorder points in 2-echelon networks and the generalization to n-level networks.

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978-3-658-23374-7The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Fachmedien Wies

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Inventory management,In this chapter we introduce the basic definitions and concepts of inventory management in a multi-echelon setting. We hereby focus on the content needed for our thesis, but also highlight other essentials of inventory management. Then, we give a comprehensive overview of the assumptions made in this thesis.

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https://doi.org/10.1007/978-3-658-23375-4Inventory Management; Multi-Echelon Optimization; Multi-Echelon Networks; Optimization of Reorder Point