Inventory Control

Inventory Control

3-4 hours of lectures per week.

Lecturer
Søren Glud Johansen

Content
The basic topics are:

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one item with constant demand rate
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time-varying demands
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several products and locations
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stochastic demand in various settings

The level is advanced.

Prerequisites
Markov decision theory.

Assessment
The basis for passing the course is active participation and oral or written contributions.

Literature
Paul H. Zipkin: Foundations of Inventory Management, McGraw-Hill, 2000.