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- W45593902 abstract "Production planning and inventory control is facing challenging risk management problems if it is confronted with uncertainties from both the demand and the process side. By analyzing the respective planning problems with methods of stochastic inventory control it is possible to gain remarkably deep insights into the way how optimal reorder and safety stock management responds to joint demand and yield risks. These insights can be exploited to assess and improve the simple type of risk management rules employed in MRP systems to cope with uncertainties in demand and production yield." @default.
- W45593902 created "2016-06-24" @default.
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- W45593902 date "2007-10-18" @default.
- W45593902 modified "2023-09-25" @default.
- W45593902 title "Risk and Safety Stock Management in Production Planning and Inventory Control with Stochastic Demand and Yield" @default.
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- W45593902 doi "https://doi.org/10.1007/978-3-8350-9064-4_16" @default.
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