5

I checked with a colleague who taught procurement / sourcing / purchasing / supply management / for quite a few years. He's skeptical about there being any heavily OR-oriented books in the field. That said, he mentioned "Better Business Decisions Using Cost Modeling, Second Edition", which he used (along with one or more other books) in an ...


2

If you are interested in supply chain management and its related processes, there are lots of textbooks which these concepts have been described in the mathematical form to illustrate and control the behaviour of the supply chain network (e.g. optimization models). Some of them are as follows: Planning Stability in Material Requirements Planning Systems ...


1

As a student I am doing research in this field, I found Wikipedia's explanation very useful. You are right, most of the applications of MDO are in the field of design for aerospace and mechanical engineering (they may design product, not systems). In these fields, the reconciliation of different teams in the design process completely follows well-known ...


1

If the newsvendor model is needed, the asset is assumed to have a short selling season and forward procurement is required. Usually, one-time procurement with fixed lead time is considered in newsvendor problems, so the primary concern is to decide the quantity. When there are multiple procurement opportunities, the dynamic procurement strategy can be ...


Only top voted, non community-wiki answers of a minimum length are eligible