Dynamic Inventory Management in Reverse Logistics (Lecture Notes in Economics and Mathematical Systems, 574)
Product Description
Dynamic Inventory Management in Reverse Logistics (Lecture Notes in Economics and Mathematical Systems, 574)
The integration of product recovery into regular production processes enables new opportunities for cost savings. In case of a dynamic planning situation, for instance when dealing with seasonality or the product life cycle, new motives for keeping stock arise. The work aims to identify those motives and to describe their effects by using methods of optimal control theory.
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