Fundamentals of Supply Chain Theory

773 Pages·2019·6.083 MB·English

by  Lawrence V. Snyder, Zuo-Jun Max Shen

FundamentalsofSupplyChainTheory
Fundamentals of Supply Chain Theory
Lawrence V. Snyder
LehighUniversity
Zuo-Jun Max Shen
UniversityofCalifornia,Berkeley
Second Edition

Thiseditionfirstpublished2019
©2019JohnWiley&Sons,Inc.
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LibraryofCongressCataloging-in-PublicationData
Names:Snyder,LawrenceV.,1975-author.|Shen,Zuo-JunMax,1970-author.
Title:Fundamentalsofsupplychaintheory/LawrenceV.Snyder,Lehigh
University,Zuo-JunMaxShen,UniversityofCalifornia,Berkeley.
Description:Secondedition.|Hoboken,NewJersey:JohnWiley&Sons,Inc.,
[2019]|Includesbibliographicalreferencesandindex.|
Identifiers:LCCN2019015579(print)|LCCN2019018047(ebook)|ISBN
9781119024866(AdobePDF)|ISBN9781119024972(ePub)|ISBN9781119024842
(hardcover)
Subjects:LCSH:Businesslogistics.
Classification:LCCHD38.5(ebook)|LCCHD38.5.S62562020(print)|DDC
658.701–dc23
LCrecordavailableathttps://lccn.loc.gov/2019015579
CoverDesign:Wiley
CoverImage:©RomoloTavani/GettyImages
Setin10/12ptNimbusRombyLawrenceV.SnyderandZuo-JunMaxShen
PrintedintheUnitedStatesofAmerica
10 9 8 7 6 5 4 3 2 1

ToSuzanne,Coralie,andMatilda
–L.V.S.
ToIrene,Michelle,andJeffrey
–Z.-J.M.S.
CONTENTS IN BRIEF
1 Introduction 1
2 ForecastingandDemandModeling 5
3 DeterministicInventoryModels 45
4 StochasticInventoryModels: PeriodicReview 87
5 StochasticInventoryModels: ContinuousReview 155
6 MultiechelonInventoryModels 187
7 PoolingandFlexibility 229
8 FacilityLocationModels 267
9 SupplyUncertainty 355
10 TheTravelingSalesmanProblem 403
11 TheVehicleRoutingProblem 463
12 IntegratedSupplyChainModels 511
13 TheBullwhipEffect 539
14 SupplyChainContracts 563
15 Auctions 591
16 ApplicationsofSupplyChainTheory 615
AppendixA:Multiple-ChapterProblems 643
AppendixB:HowtoWriteProofs: AShortGuide 651
AppendixC:HelpfulFormulas 661
vii
viii CONTENTSINBRIEF
AppendixD:IntegerOptimizationTechniques 669
References 681
CONTENTS
ListofFigures xxi
ListofTables xxvii
ListofAlgorithms xxix
Preface xxxi
About theCompanionWebsite xxxix
1 Introduction 1
1.1 TheEvolutionofSupplyChainTheory 1
1.2 DefinitionsandScope 2
1.3 LevelsofDecision MakinginSupplyChainManagement 4
2 ForecastingandDemandModeling 5
2.1 Introduction 5
2.2 ClassicalDemandForecastingMethods 6
2.2.1 MovingAverage 6
2.2.2 ExponentialSmoothing 7
2.2.3 LinearRegression 13
2.3 ForecastAccuracy 15
2.3.1 MAD,MSE,andMAPE 15
2.3.2 Forecast Errors for Moving Average and Exponential
Smoothing 16
2.4 MachineLearninginDemandForecasting 17
2.4.1 Introduction 17
ix