Decision Models for Inventory Management

Decision Models for Inventory Management PDF Author: Robert Bartlay Fetter
Publisher: Literary Licensing, LLC
ISBN: 9781258287788
Category :
Languages : en
Pages : 134

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Book Description

Decision Models for Inventory Management

Decision Models for Inventory Management PDF Author: Robert Bartlay Fetter
Publisher: Literary Licensing, LLC
ISBN: 9781258287788
Category :
Languages : en
Pages : 134

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Book Description


Decision Models for Inventory Management

Decision Models for Inventory Management PDF Author: Robert B. Fetter
Publisher:
ISBN:
Category : Inventories
Languages : en
Pages : 148

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Book Description


Decision Making in Inventory Management

Decision Making in Inventory Management PDF Author: Nita H. Shah
Publisher: Springer Nature
ISBN: 9811617295
Category : Business & Economics
Languages : en
Pages : 237

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Book Description
This book provides several inventory models for making the right decision in inventory management under different environments. Basically, the optimal ordering policies are determined for situations with and without shortages in production-inventory systems. The chapters in the book include various features of inventory modeling i.e., inflation, deterioration, supply chain, learning, credit financing, carbon emission policy, stock-dependent demand, among others. The book is a useful resource for academicians, researchers, students, practitioners, and managers who can be benefited with the policies provided in the chapters of the book.

Decision Rules for Inventory Management

Decision Rules for Inventory Management PDF Author: Robert Goodell Brown
Publisher: New York, Holt, Rinehart and Winston [1967]
ISBN:
Category : Inventories
Languages : en
Pages : 426

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Book Description
Textbook on aspects of management in the manufacturing industry, with particular reference to control and management of the inventory - comprises simulation exercises based on decision making methodology in the USA, and covers input output and cost factors, aspects of accounting, factors of supply and demand, theoretical and mathematics aspects of inventory control, stock investment, production capacity planning, etc. Flow diagrams, and references.

Decision Systems for Inventory Management and Production Planning

Decision Systems for Inventory Management and Production Planning PDF Author: Edward A. Silver
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 756

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Book Description
An in-depth discussion of the major decisions in production planning, scheduling, and inventory management faced by organizations, both private and public. Strategic and operational issues are covered, as well as the latest systems used to make decisions, including Just-in-Time Manufacturing, KANBAN, Distribution Requirements Planning, and PUSH Control. A series of cases focusing on one organization complement the text's discussion, and several problem sets are also included. An extensive list of references allows the advanced student to pursue topics of interest in more detail.

Managerial Decision Modeling

Managerial Decision Modeling PDF Author: Nagraj (Raju) Balakrishnan
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 1501506315
Category : Business & Economics
Languages : en
Pages : 828

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Book Description
This book fills a void for a balanced approach to spreadsheet-based decision modeling. In addition to using spreadsheets as a tool to quickly set up and solve decision models, the authors show how and why the methods work and combine the user's power to logically model and analyze diverse decision-making scenarios with software-based solutions. The book discusses the fundamental concepts, assumptions and limitations behind each decision modeling technique, shows how each decision model works, and illustrates the real-world usefulness of each technique with many applications from both profit and nonprofit organizations. The authors provide an introduction to managerial decision modeling, linear programming models, modeling applications and sensitivity analysis, transportation, assignment and network models, integer, goal, and nonlinear programming models, project management, decision theory, queuing models, simulation modeling, forecasting models and inventory control models. The additional material files Chapter 12 Excel files for each chapter Excel modules for Windows Excel modules for Mac 4th edition errata can be found at https://www.degruyter.com/view/product/486941

Inventory Control

Inventory Control PDF Author: Dieter Bartmann
Publisher: Springer Science & Business Media
ISBN: 3642871461
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
Experts in operations research and developers of software application systems have been treading separate paths for many years. It is urgently necessary to reset this course so that the demanding requirements of variousCIM concepts can be realized. This is specially relevant for computer-based stock management. Both authors, with a number of years of practical experience behind them, have written this book with this objective in mind. The book shows how modern inventory control can be rationally structured with the help of OR. Two aspects are given importance:1) the necessary mathematical derivations are completely explained in detail so that the reader will be able to optimally handle a given situation with the help of the methods learned in this book, and 2) aside from the models, strong emphasis is given on numerical methods. Suitable algorithms are thoroughly explained for the more important cases.

Optimization and Inventory Management

Optimization and Inventory Management PDF Author: Nita H. Shah
Publisher: Springer Nature
ISBN: 9811396981
Category : Business & Economics
Languages : en
Pages : 470

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Book Description
This book discusses inventory models for determining optimal ordering policies using various optimization techniques, genetic algorithms, and data mining concepts. It also provides sensitivity analyses for the models’ robustness. It presents a collection of mathematical models that deal with real industry scenarios. All mathematical model solutions are provided with the help of various optimization techniques to determine optimal ordering policy. The book offers a range of perspectives on the implementation of optimization techniques, inflation, trade credit financing, fuzzy systems, human error, learning in production, inspection, green supply chains, closed supply chains, reworks, game theory approaches, genetic algorithms, and data mining, as well as research on big data applications for inventory management and control. Starting from deterministic inventory models, the book moves towards advanced inventory models. The content is divided into eight major sections: inventory control and management – inventory models with trade credit financing for imperfect quality items; environmental impact on ordering policies; impact of learning on the supply chain models; EOQ models considering warehousing; optimal ordering policies with data mining and PSO techniques; supply chain models in fuzzy environments; optimal production models for multi-items and multi-retailers; and a marketing model to understand buying behaviour. Given its scope, the book offers a valuable resource for practitioners, instructors, students and researchers alike. It also offers essential insights to help retailers/managers improve business functions and make more accurate and realistic decisions.

WORKING CAPITAL MANAGEMENT THROUGH INVENTORY MANAGEMENT TECHNIQUES

WORKING CAPITAL MANAGEMENT THROUGH INVENTORY MANAGEMENT TECHNIQUES PDF Author: Dr. Sangeeta Gupta
Publisher: Ashok Yakkaldevi
ISBN: 1716691419
Category : Art
Languages : en
Pages : 187

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Book Description
MEANING AND IMPORTANCE OF INVENTORY Inventory means stock of goods. To finance managers inventory connotes the value of raw material, consumables spares and stores, work in progress and finished goods, in which the company’s fund have been invested. We can identify inventory as those goods which are procured, stored and used for day-to-day functioning of the organisation. Today’s inventory is tomorrow’s consumption. The classical definition of inventory is that it is an ideal resource of anything having an economic value. From this it follows that inventory control is a planning and devising procedure to maintain an optimal level of idle resources. Inventory deals with the determination of optimal procedures for procuring stock of commodities to meet future demand. The inventory of the retailer or the manufacturer, can be taken as a paradigm. In order to sell an item he must maintain a stock of that item to meet the demand.

Decision Making Models in Production & Operations Management

Decision Making Models in Production & Operations Management PDF Author: Michael Ballot
Publisher: Krieger Publishing Company
ISBN:
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
This text focuses on the application of management decision-making tools in the field of production and operations. It provides an analysis of strategic decision-making problems and solutions on resource allocation, forecasting, and scheduling in manufacturing, services, and inventory management.