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Inventory Management and Production Planning and Scheduling
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This is a revision of a classic which integrates managerial issues with practical applications, providing a broad foundation for decision-making. It incorporates recent developments in inventory management, including Just-in-Time Management, Materials Requirement Planning, and Total Quality Management.
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Product details
Hardcover: 784 pages
Publisher: Wiley; 3 edition (January 23, 1998)
Language: English
ISBN-10: 0471119474
ISBN-13: 978-0471119470
Product Dimensions:
7.7 x 1.3 x 9.4 inches
Shipping Weight: 3.1 pounds
Average Customer Review:
4.0 out of 5 stars
12 customer reviews
Amazon Best Sellers Rank:
#115,395 in Books (See Top 100 in Books)
Explains complex concepts in an easy to understand language with plenty of examples. The intuitive explanation of loss function is something I have never seen in any other inventory control book including Zipkin (2000) and Axater (2006). Highly recommended for those who want to warp their head around inventory control concepts and develop the fundamentals that can help them decrypt the materials in contemporary journal articles on the inventory control subject.
This book is more useful to industrial engineers than business students. We had to use this as our business text for an inventory management class. There are some Ph.d students in industrial engineering who struggle with this, not to mention the rest of the class.However I do like the direct nature book. Everything is presented without a lot of fluff. The concepts are presented very thoroughly, and this is a well-respected text. However, it is not for the lay-person. The mathematics could be a bit less formal as well, but are probably necessary for the subject matter.
Excellent!
The price is like normal condition, but the condition is pretty good, almost new.Some pencil words is found in some pages.But not too much.
EXCELLENT
Without any doubt, Silver/Pike/Peterson is the best and most comprehensive book on inventory management. If you are searching for simplistic "management consultant concepts" then buy something else. If you want to learn how realize all these basic concepts take this book. Seriously, what are people exspecting: "too technical" ? Stupid. If you do not have any clue about basic math, why do you wanna go into logistics?If I should teach somebody on logistics I would gave him or her one of the (thousands) books on simplistic powerpoint-like SCM concepts (if you want read Silver/Pike/Peterson you have to know these concepts beforehand). And when the question arises how to put this into practice, I would give this person the Silver/Pike/Peterson book. In the end, standard concepts are not enough. You need math. And Silver/Pike/Peterson only gives you a brief introduction about the basic math. Thus, alltogether the result will answer the question: how to run operations at the bottom line of the industry. Of course for becoming supply chain champion the book will not offer "the perfect master plan" but Silver/Pike/Peterson will give you the basic knowledge to generate such knowledge.
If you are an erudite and prolific writer in the genre of textbooks you might sample this tome for HOW *NOT* TO WRITE A TEXTBOOK. The author is obviously a keen expert in the source material (and goes to great lengths to let you know that his techniques are the best aka "silver-meal")I'm an engineering manager and have taken a company through an implementation of an ERP system and know that this material is quite useful..however, this should NOT be your first source of exposure to the subject. A prior review put it well "VERY TECHNICAL". Not many examples in the text (except for the parts where the author likes to demonstrate his better method - which is better, but its not like he hides it :). A better source might be Fogarty. I deeply appreciate that the author took the time to acknowledge many of the other sources in this field. He goes to great lengths to pass along credit and this is highly commendable - however, a quick glance through the book will note how this acknowledgement interferes with the message as the authors and dates are spread not too sparingly across the middle of concepts.If you have already purchased the book you might want to spend a small amount of additional change and get the solutions manual. It will help you considerably.
If you are new to inventory model or a professional but off school for several years. Don't forget to get this book. Silver et.al. review + explore the inventory problem in both macro and micro viewpoint. For supply chain manager, this book is more quantitative (infact, I think this is the most quantitative analysis) and full of reference (more than 150-200 references for each chapter). One disadvantage though... Too expensive... don't you consider to have the paperback edition? C'mon... student doesn't have much money.
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