Inventory Analytics

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.