12 Discrete Probabilistic Demand

Chapters in this book

1. Frontmatter I
2. Acknowledgments VII
3. About the Author IX
4. Foreword XI
5. Contents XIII
6. Introduction XVII
7. Part I: Deterministic Supply Chains
8. 1 Inventory Policies 3
9. 2 How Much Should I Order? 11
10. 3 When Should I Order? 34
11. Part II: Stochastic Supply Chains
12. 4 Safety Stocks 45
13. 5 Inventory Policies 65
14. 6 Stochastic Lead Times 83
15. Part III: Advanced Stochastic Models
16. 7 Fill Rate 99
17. 8 Cost and Service Level Optimization 122
18. 9 Beyond Normality 145
19. 10 Multi-Echelon Inventory Optimization 176
20. Part IV: Discrete Inventory Optimization
21. 11 Newsvendor 207
22. 12 Discrete Probabilistic Demand 225
23. 13 Simulation Optimization 241
24. Now It Is Your Turn! 260
25. A Python 261
26. B Proofs 268
27. Bibliography 279
28. Glossary 283
29. List of Symbols 287
30. Index 291