Risk-Pooling Essentials Reducing Demand and Lead Time Uncertainty /

• Main Author: Oeser, Gerald (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Series: SpringerBriefs in Business,
• Subjects: Business.; Production management.; Operations research.; Decision making.; Information technology.; Business > Data processing.; Statistics.; Business and Management.; Operations Management.; IT in Business.; Operation Research/Decision Theory.; Statistics for Business/Economics/Mathematical Finance/Insurance.
• Physical Description: IX, 91 p. 10 illus., 5 illus. in color. online resource.
• ISBN: 9783319141572
• ISSN: 2191-5482

This book provides comprehensive and concise definitions of risk pooling and risk-pooling methods, a straightforward statistical explanation, and a value-chain oriented framework for analyzing risk-pooling methods. Risk pooling mitigates demand and lead time uncertainty in logistics and supply chain management. The author also provides readers with a downloadable computerized decision support tool to compare and choose appropriate risk-pooling methods and to apply them in companies. Students and practitioners of logistics and supply chain management will find this book particularly useful.