The Economics and Management of Inventories: Inventory management, mathematical models of inventories

The Economics and Management of Inventories: Inventory management, mathematical models of inventories PDF Author: Attila Chikán
Publisher: Elsevier Science & Technology
ISBN:
Category : Business & Economics
Languages : en
Pages : 640

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The Economics and Management of Inventories: Inventory management, mathematical models of inventories

The Economics and Management of Inventories: Inventory management, mathematical models of inventories PDF Author: Attila Chikán
Publisher: Elsevier Science & Technology
ISBN:
Category : Business & Economics
Languages : en
Pages : 640

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Book Description


The Economics and Management of Inventories

The Economics and Management of Inventories PDF Author: Attila Chikán
Publisher:
ISBN: 9789630529426
Category :
Languages : en
Pages : 362

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The Economics and Management of Inventories

The Economics and Management of Inventories PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 632

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Principles of Inventory Management

Principles of Inventory Management PDF Author: John A. Muckstadt
Publisher: Springer
ISBN: 9780387562445
Category : Business & Economics
Languages : en
Pages : 339

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Book Description
Inventories are prevalent everywhere in the commercial world, whether it be in retail stores, manufacturing facilities, government stockpile material, Federal Reserve banks, or even your own household. This textbook examines basic mathematical techniques used to sufficiently manage inventories by using various computational methods and mathematical models. The text is presented in a way such that each section can be read independently, and so the order in which the reader approaches the book can be inconsequential. It contains both deterministic and stochastic models along with algorithms that can be employed to find solutions to a variety of inventory control problems. With exercises at the end of each chapter and a clear, systematic exposition, this textbook will appeal to advanced undergraduate and first-year graduate students in operations research, industrial engineering, and quantitative MBA programs. It also serves as a reference for professionals in both industry and government worlds. The prerequisite courses include introductory optimization methods, probability theory (non-measure theoretic), and stochastic processes.

Advances in Project Scheduling

Advances in Project Scheduling PDF Author: R. Slowinski
Publisher: Elsevier
ISBN: 1483290727
Category : Business & Economics
Languages : en
Pages : 540

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Book Description
This multi-author volume, containing contributions from international experts in the field, presents recent developments in project scheduling for both theory and practice. It is organized in three parts: I. Basic deterministic models; II. Special deterministic models; III. Stochastic models. A variety of approaches is presented dealing with multiple-category resource constraints, different mathematical models of activities, and various project performance measures in single and multiobjective formulation. Exact and heuristic algorithms are presented for both deterministic and stochastic project description.The volume will be of special interest to scientists, students, decision makers, executive managers, consultants and practitioners involved in systems management or operations research, in particular in business, engineering, and finance, but also in other areas of pure and applied sciences.

Decision Models for Inventory Management

Decision Models for Inventory Management PDF Author: Robert B. Fetter
Publisher:
ISBN:
Category : Inventories
Languages : en
Pages : 146

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Book Description


Production and Inventory Management with Substitutions

Production and Inventory Management with Substitutions PDF Author: J. Christian Lang
Publisher: Springer Science & Business Media
ISBN: 3642042473
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
Quantitativeapproachesforsolvingproductionplanningandinventorymanagement problems in industry have gained growing importance in the past years. Due to the increasinguse of AdvancedPlanningSystems, a widespreadpracticalapplicationof the sophisticated optimization models and algorithms developed by the Production Management and Operations Research community now seem within reach. The possibility that productscan be replaced by certain substitute productsexists in various application areas of production planning and inventory management. Substitutions can be useful for a number of reasons, among others to circ- vent production and supply bottlenecks and disruptions, increase the service level, reduce setup costs and times, and lower inventories and thereby decrease ca- tal lockup. Considering the current trend in industry towards shorter product life cycles and greater product variety, the importance of substitutions appears likely to grow. Closely related to substitutions are ?exible bills-of-materials and recipes in multi-level production systems. However, so far, the aspect of substitutions has not attracted much attention in academic literature. Existing lot-sizing models matching complex requirements of industrial optimization problems (e.g., constrained capacities, sequence-dependent setups, multiple resources) such as the Capacitated Lot-Sizing Problem with Sequence-Dependent Setups (CLSD) and the General Lot-Sizing and Scheduling Problem for Multiple Production Stages (GLSPMS) do not feature in substitution options.

Modern Inventory Management

Modern Inventory Management PDF Author: James W. Prichard
Publisher:
ISBN:
Category : Inventories
Languages : en
Pages : 446

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Management of Lot-size Inventories

Management of Lot-size Inventories PDF Author: Clifford M. Baumback
Publisher:
ISBN:
Category : Inventories
Languages : en
Pages : 100

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Book Description


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.