Imperfect Inventory Systems

Imperfect Inventory Systems

Author: Ata Allah Taleizadeh

Publisher: Springer Nature

Published: 2021-02-19

Total Pages: 595

ISBN-13: 3030569748

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This book examines inventory and production strategies that can reduce unexpected breakdown costs. It highlights different EPQ models to deal with such problems, providing optimal value derivations for decision variables. It provides proofs for concavity or convexity of objective functions. The chapters also include numerical examples for all the developed mathematical models. Imperfect Inventory Systems: Inventory and Production Management and Breakdown should be useful for professionals working on supply chains, but also researchers in operations research and inventory management.


Optimization and Inventory Management

Optimization and Inventory Management

Author: Nita H. Shah

Publisher: Springer Nature

Published: 2019-08-31

Total Pages: 466

ISBN-13: 9811396981

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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.


Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques

Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques

Author: Shah, Nita H.

Publisher: IGI Global

Published: 2017-12-22

Total Pages: 672

ISBN-13: 1522532331

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Stock management and control is a critical element to the success and overall financial well-being of an organization. Through the application of innovative practices and technology, businesses are now able to effectively monitor their operations and manage their inventory by evaluating sales patterns and customer preferences. The Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques is a critical scholarly resource that examines optimization techniques, data mining concepts, and genetic algorithms to manage inventory control. Featuring coverage on a broad range of topics such as logistics and supply chain management, stochastic inventory modelling, and inventory management in healthcare, this book is geared towards academicians, practitioners, and researchers seeking various research methods to get optimal ordering policy.


Research Handbook on Inventory Management

Research Handbook on Inventory Management

Author: Jing-Sheng J. Song

Publisher: Edward Elgar Publishing

Published: 2023-08-14

Total Pages: 565

ISBN-13: 180037710X

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This comprehensive Handbook provides an overview of state-of-the-art research on quantitative models for inventory management. Despite over half a century’s progress, inventory management remains a challenge, as evidenced by the recent Covid-19 pandemic. With an expanse of world-renowned inventory scholars from major international research universities, this Handbook explores key areas including mathematical modelling, the interplay of inventory decisions and other business decisions and the unique challenges posed to multiple industries.


Fuzzy Optimization, Decision-making and Operations Research

Fuzzy Optimization, Decision-making and Operations Research

Author: Chiranjibe Jana

Publisher: Springer Nature

Published: 2023-11-25

Total Pages: 753

ISBN-13: 3031356683

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After developing fuzzy set theory, many contributors focused their research on the extension of fuzzy sets and their computational methodologies, strengthening modern science and technology. In some real-life phenomena, the conventional methods and traditional fuzzy sets cannot be explained, whereas the extension of fuzzy sets and effective new computing methods can explain it adequately. This edited book presents a new view of fuzzy set-measurement methods entitled "Fuzzy Optimization, Decision Making and Operations Research: Theory and Applications", which deals with different perspectives and areas of research. All chapters are divided into three parts: fuzzy optimization, fuzzy decision-making, and fuzzy operation research. The goal of this book is to provide a relevant methodological framework covering the core fields of fuzzy decision-making method, fuzzy optimization method, fuzzy graphics method, fuzzy operations research, fuzzy optimization using graph theory, fuzzy support systems and its real and industrial applications. For many people, fuzzy words' industrial engineering and scientific meanings are still an advanced system for improving modern science and technology. Although fuzzy logic can be applied to many different areas, people do not know how different fuzzy approaches can be applied to various products currently on the market. It is written for professionals who wish to share their expertise, improve their findings, and provide relevant information in the fields of fuzzy methods and their application in decision-making, optimization theory, graph theory and operations research. This book is aimed at experts and practitioners in the fields of fuzzy optimization, fuzzy decision-making, and fuzzy operation research.


Inventory Management Demystified

Inventory Management Demystified

Author: A.D. Dear

Publisher: Springer Science & Business Media

Published: 1990-02-28

Total Pages: 108

ISBN-13: 9780412377006

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Despite the widespread use of computer based inventory control systems, most companies are aware that they often cannot meet their customer demand, while still suspecting that their stock levels are higher than they should be.


NASA SP-7500

NASA SP-7500

Author: United States. National Aeronautics and Space Administration

Publisher:

Published:

Total Pages: 148

ISBN-13:

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Proceedings of the 8th International Conference on the Applications of Science and Mathematics

Proceedings of the 8th International Conference on the Applications of Science and Mathematics

Author: Aida Mustapha

Publisher: Springer Nature

Published: 2023-08-01

Total Pages: 433

ISBN-13: 9819928508

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This book presents peer-reviewed articles and recent advances on the potential applications of Science and Mathematics for future technologies, from the 8th International Conference on the Applications of Science and Mathematics (SCIEMATHIC 2022), held in Malaysia. It provides an insight about the leading trends in sustainable Science and Technology. Topics included in this proceedings are in the areas of Mathematics and Statistics, including Natural Science, Engineering and Artificial Intelligence.


Proceedings of International Conference on Intelligent Manufacturing and Automation

Proceedings of International Conference on Intelligent Manufacturing and Automation

Author: Hari Vasudevan

Publisher: Springer Nature

Published: 2020-06-30

Total Pages: 831

ISBN-13: 9811544859

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This book gathers selected papers presented at the Second International Conference on Intelligent Manufacturing and Automation (ICIMA 2020), which was jointly organized by the Departments of Mechanical Engineering and Production Engineering at Dwarkadas J. Sanghvi College of Engineering (DJSCE), Mumbai, and by the Indian Society of Manufacturing Engineers (ISME). Covering a range of topics in intelligent manufacturing, automation, advanced materials and design, it focuses on the latest advances in e.g. CAD/CAM/CAE/CIM/FMS in manufacturing, artificial intelligence in manufacturing, IoT in manufacturing, product design & development, DFM/DFA/FMEA, MEMS & nanotechnology, rapid prototyping, computational techniques, nano- & micro-machining, sustainable manufacturing, industrial engineering, manufacturing process management, modelling & optimization techniques, CRM, MRP & ERP, green, lean & agile manufacturing, logistics & supply chain management, quality assurance & environmental protection, advanced material processing & characterization of composite & smart materials. The book is intended as a reference guide for future researchers, and as a valuable resource for students in graduate and doctoral programmes.