© 2011

Periodic Review Inventory Systems

Performance Analysis and Optimization of Inventory Systems within Supply Chains


Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 651)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Thomas Wensing
    Pages 1-4
  3. Thomas Wensing
    Pages 5-19
  4. Thomas Wensing
    Pages 21-41
  5. Thomas Wensing
    Pages 43-56
  6. Thomas Wensing
    Pages 57-79
  7. Thomas Wensing
    Pages 81-136
  8. Thomas Wensing
    Pages 137-139
  9. Back Matter
    Pages 141-151

About this book


The focus of the work is twofold. First, it provides an introduction into fundamental structural and behavioral aspects of periodic review inventory systems. Second, it includes a comprehensive study on analytical and optimization aspects of a specific class of those systems. For the latter purpose, general solution methods for problems of inventory management in discrete time are described and developed along with highly specialized methods to solve very specific problems related to the model variants examined. The work is thus addressed to students and practitioners who seek a deeper understanding of managing inventories in discrete time as well as to software developers who require implementation aids on specific problems of inventory management.


Decision Aid Inventory Management Inventory Theory Supply Chain Management

Authors and affiliations

  1. 1.Lehrstuhl für ProduktionswirtschaftKatholische Universität Eichstätt-IngolstadtIngolstadtGermany

About the authors

Thomas Wensing received his diploma in Information Science from the University of Cologne and his Ph.D. from the Catholic University of Eichstätt-Ingolstadt. After being a research assistant at the latter institution, he is nowadays working at the INFORM GmbH Aachen as a specialist for methods of Operations Research.

Bibliographic information

Industry Sectors
Chemical Manufacturing
Finance, Business & Banking
Consumer Packaged Goods
Materials & Steel
Energy, Utilities & Environment


From the reviews:

“The study text deals with management of inventories with periodic review policies. It provides not only structural and behavioral aspects of periodic review inventory systems but it also investigates the corresponding analytical and optimization aspects in some special cases. … The text can be useful for students, practitioners and software developers dealing with problems of inventory management.” (Tomáš Cipra, Zentralblatt MATH, Vol. 1220, 2011)