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portada Stochastic Optimization Methods for Supply Chains With Perishable Products
Type
Physical Book
Publisher
Author
Language
English
Pages
119
Format
Paperback
ISBN13
9783832551070

Stochastic Optimization Methods for Supply Chains With Perishable Products

Michael A. Volkel (Author) · Logos Verlag Berlin · Paperback

Stochastic Optimization Methods for Supply Chains With Perishable Products - Michael A. Volkel

New Book Imported to Netherlands
Delivery: 04 Sep - 09 Sep Shipping: 13 to 15 business days.
€ 76,89
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Synopsis "Stochastic Optimization Methods for Supply Chains With Perishable Products"

This book deals with inventory systems in supply chains that face risks that could render products unsalable. These risks include possible cooling system failures, transportation risks, packaging errors, handling errors, or natural quality deterioration over time like spoilage of food or blood products. Classical supply chain inventory models do not regard these risks. This thesis introduces novel cost models that consider these risks. It also analyzes how real-time tracking with RFID sensors and smart containers can contribute to decision making. To solve these cost models, this work presents new solution methods based on dynamic programming. In extensive computational studies both with experimental as well as real-life data from large players in the retailer industry, the solution methods prove to lead to substantially lower costs than existing solution methods and heuristics.

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