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Warehousing in the Global Supply Chain
With increased globalization and offshore sourcing, global supply chain management is becoming an important issue for many businesses as it involves a company's worldwide interests and suppliers rather than simply a local or national orientation. The storage systems significantly affect the level of quality of products, the customer’s service level, and the global logistic cost. The mission of warehousing systems design, control and optimization is to effectively ship products in the right place, at the right time, and in the right quantity (i.e. in any configuration) without any damages or alterations, and minimizing costs. Warehousing in the Global Supply Chain presents and discusses a s...
Reverse Logistics
This book addresses decision making in reverse logistics, which concerns the integration of used and obsolete products back into the supply chain as valuable resources. It covers a wide range of aspects, related to distribution, production and inventory management, and supply chain management. For each topic, it highlights key managerial issues in real-life examples and explains which quantitative models are available for addressing them. By treating a broad range of issues in a unified way, the book offers the reader a comprehensive view on the field of reverse logistics.
Facility Logistics
The design of facilities, warehouses, and material-handling systems as well as the management of logistics operations significantly impact the success of industrial projects. Facility Logistics: Approaches and Solutions to Next Generation Challenges explores recent developments in the technology, industrial practices, and business environments of f
Managing Closed-Loop Supply Chains
Closed-Loop Supply Chains (CLSC) offer companies a unique opportunity to improve their profits whilst serving societal responsibility. The management of CLSC differs in a number of ways from managing supply chains in general. The book examines these differences and how these differences may be dealt with in practice, by offering a concrete framework, introducing the different aspects related to CLSC and their mutual relations, in a systematic logical way as well as cases clustered according to the inputs for a CLSC. The framework and especially the cases from successful companies offer the reader an invaluable help to build and improve CLSC.
Analysis, Control and Optimization of Complex Dynamic Systems
Analysis, Control and Optimization of Complex Dynamic Systems gathers in a single volume a spectrum of complex dynamic systems related papers written by experts in their fields, and strongly representative of current research trends. Complex systems present important challenges, in great part due to their sheer size which makes it difficult to grasp their dynamic behavior, optimize their operations, or study their reliability. Yet, we live in a world where, due to increasing inter-dependencies and networking of systems, complexity has become the norm. With this in mind, the volume comprises two parts. The first part is dedicated to a spectrum of complex problems of decision and control encountered in the area of production and inventory systems. The second part is dedicated to large scale or multi-agent system problems occurring in other areas of engineering such as telecommunication and electric power networks, as well as more generic context.
Quantitative Approaches to Distribution Logistics and Supply Chain Management
Increasing customer needs, the globalization of markets and the evolution of e-commerce add to the complexity of logistic processes. In today's business, it is well understood that an effective management of logistic processes is impossible without the use of computer-based tools and quantitative methods. This book presents in a systematic way quantitative approaches to distribution logistics and supply chain management. The main orientation of the book is towards practical problem solving, and numerous case studies and practical applications are presented. The topics covered include: supply chain management, revers logistics, e-commerce, facility location and network planning, vehicle routing, warehousing, inventory control.
Container Terminals and Cargo Systems
This book presents new insights and successful solutions to the operational problems of automated container terminals and cargo systems. It comprises reports on the state of the art, applications of quantitative methods, as well as case studies and simulation results. Its contributions are written by leading experts from academia and business and address practitioners and researchers in logistics, transportation, and management.
Distribution Logistics
The complexity of distribution systems is augmented by various trends: globalization of the manufacturing industry, rising customer demands, and the reverse flows within closed-loop systems. In this light, the need for ‘advanced’ planning methods that are based on quantitative optimization is constantly increasing. This book takes up the challenges posed by these developments. In doing so, it presents recent results and case studies from a group of researchers that regularly meet at the IWDL (International Workshop on Distribution Logistics). The text covers the design of distribution networks, vehicle routing, warehousing and reverse logistics. It also contains a comprehensive review of more than 60 case studies in reverse logistics.
A Game Theory Analysis of Options
Modem option pricing theory was developed in the late sixties and early seventies by F. Black, R. C. Merton and M. Scholes as an analytical tool for pricing and hedging option contracts and over-the-counter warrants. However, already in the seminal paper by Black and Scholes, the applicability of the model was regarded as much broader. In the second part of their paper, the authors demonstrated that a levered firm's equity can be regarded as an option on the value of the firm, and thus can be priced by option valuation techniques. A year later, Merton showed how the default risk structure of corporate bonds can be determined by option pricing techniques. Option pricing models are now used to...
An Integrated Approach in Production Planning and Scheduling
Production Management is a large field concerned with all the aspects related to production, from the very bottom decisions at the machine level, to the top-level strategic decisicns. In this book, we are concerned with production planning and scheduling aspects. Traditional production planning methodologies are based on a now widely ac cepted hierarchical decom?osition into several planning decision levels. The higher in the hierarchy, the more aggregate are the models and the more important are the decisions. In this book, we only consider the last two decision levels in the hierarchy, namely, the mid-term (or tacticaQ planning level and the short-term (or operationaQ scheduling level. In ...
