Inventory Management: Non-Classical Views

Book Overview

Classical inventory management focuses on cost minimization as a performance measure, where many cost parameters are difficult to estimate and inventory system costs are hidden. Constantly changing in response to international competition and new technology, inventory management requires a new family of performance measures that represent situations more realistically. Establishing the foundation for new areas of research, Inventory Management: Non-Classical Views focuses on the need to design inventory systems that serve as a means of flexibility, to develop performance measures other than cost to control inventory, and to view inventory as a contributor to customer value creation.

• Format: Paperback
• Language: English
• ISBN: 0367385325
• ISBN13: 9780367385323
• Release Date: September 2019
• Publisher: CRC Press
• Length: 242 Pages
• Weight: 0.50 lbs.
• Dimensions: 0.6" x 6.1" x 9.1"