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Focusing on Analytics-based inventory management, this textbook offers a practical introduction to Prescriptive Analytics within complex supply chains. It covers both standard single-level and multi-level inventory models for optimal safety inventory allocation. Additionally, it addresses dynamic lot sizing challenges related to random demand and yield, linking these concepts to Material Requirements Planning (MRP). The text is enriched with numerous examples that illustrate the models and algorithms, making complex theories accessible for readers.

The book discusses methods for safety stock control in single-stage and multi-stage inventory models and provides readily implementable numerical algorithms to solve practical problems. Spreadsheet implementations and many numerical examples are also given. The book is currently used as a basis for courses on inventory management in several universities. Detailed information (table of content, sample pages) is available at

Now, this comprehensive and systematic overview of both the design models and quantitative solution methods for FMS support, configuration, and operation rectifies that problem. Students, production managers/planners, and FMS installation planners can now find everything they need in one authoritative and up-to-date source.