Description: This book demonstrates the structural characteristics of the optimal control policies in various stochastic supply chains and to shows how to make use of these characteristics to construct easy-to-operate sub-optimal policies.
Review Quotes:
From the reviews:
"This book 'provides techniques and tools to facilitate industrial implementation of threshold-type control policies' with applications to stochastic supply chains. ... The book with flow-chart for chapter relationships, and notes and references at the end of chapter, appeals to scientists, engineers, and graduate students in the fields of industrial, manufacturing, and control engineering. It is a welcome addition to the field of stochastic aspects in manufacturing." (D. Subbaram Naidu, Amazon.com, December, 2013)