Abstract
This entry is a brief survey of classical inventory models and their extensions in several directions such as world-driven demands, presence of forecast updates, multi-delivery modes and advanced demand information, incomplete inventory information, and decentralized inventory control in the context of supply chain management. Important references are provided. We conclude with suggestions for future research.
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Sethi, S. (2015). Inventory Theory. In: Baillieul, J., Samad, T. (eds) Encyclopedia of Systems and Control. Springer, London. https://doi.org/10.1007/978-1-4471-5058-9_44
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DOI: https://doi.org/10.1007/978-1-4471-5058-9_44
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