Inventory Control Models with Motivational Policies
Inventory Control Models with Motivational Policies

Author: Ata Allah Taleizadeh

Publisher: Springer

Published: 2018-02-13

Total Pages: 317

ISBN-13: 331972715X

DOWNLOAD EBOOK

This book examines the different motivational policies used for inventory management. In many competitive markets, sellers use motivational policies to encourage the customers to buy more and these kinds of strategies are used as competitive tools. This book brings together all the motivational policies for lot sizing decisions and offers a useful guide for inventory control. Each chapter applies deterministic inventory models such as economic order quantity (EOQ) and economic production quantity (EPQ), but also stochastic models for the motivational policy covered. The book begins exploring quantity discounts such as all-unit and incremental discounts. It then looks at delayed payment or trade credit policies that are applied by many suppliers and/or wholesalers to increase their sales. The motivational policies covered in the following chapters are dedicated to advance payment/prepayment schemes and also special sales offered by retailers to increase sales levels or decrease the inventory level. Finally the book concludes with a review of announced price increases, which persuades customers to buy a product at the current price, rather than paying more for it in the future. Inventory Control Models with Motivational Policies should be useful for professionals working on supply chains, but also researchers in operations research and inventory management.

Demand Forecasting and Inventory Control
Demand Forecasting and Inventory Control

Author: Colin Lewis

Publisher: Routledge

Published: 2012-05-23

Total Pages: 172

ISBN-13: 113634683X

DOWNLOAD EBOOK

This practical book covers the forecasting- and inventory control methods used in commercial, retail and manufacturing companies. Colin Lewis explains the theory and practice of current demand forecasting methods, the links between forecasts produced as a result of analysing demand data and the various methods by which this information, together with cost information on stocked items, is used to establish the controlling parameters of the most commonly used inventory control systems. The demand forecasting section of the book concentrates on the family of short-term forecasting models based on the exponentially weighted average and its many variants and also a group of medium-term forecasting models based on a time series, curve fitting approach. The inventory control sections investigate the re-order level policy and re-order cycle policy and indicate how these two processes can be operated at minimum cost while offering a high level of customer service.

Inventory Analytics
Inventory Analytics

Author: Horst Tempelmeier

Publisher: BoD – Books on Demand

Published: 2020-06-02

Total Pages: 290

ISBN-13: 375193071X

DOWNLOAD EBOOK

This textbook provides a practice-oriented introduction into Analytics-based inventory management in complex supply chains. In the context of Business Analytics, we concentrate on Prescriptive Analytics. In addition to standard single-level inventory models also multi-level approaches for the optimal allocation of safety inventory are presented. Moreover, dynamic lot sizing problems under random demand and random yield and their relationship to Material Requirements Planning (MRP) are discussed.The models and algorithms are illustrated with the help of numerous examples. The book has been written for students of Supply Chain Management and Operations Management as well as for practitioners who are confronted with inventory management in their daily work.

An Introduction to Stochastic Modeling
An Introduction to Stochastic Modeling

Author: Howard M. Taylor

Publisher: Academic Press

Published: 2014-05-10

Total Pages: 410

ISBN-13: 1483269272

DOWNLOAD EBOOK

An Introduction to Stochastic Modeling provides information pertinent to the standard concepts and methods of stochastic modeling. This book presents the rich diversity of applications of stochastic processes in the sciences. Organized into nine chapters, this book begins with an overview of diverse types of stochastic models, which predicts a set of possible outcomes weighed by their likelihoods or probabilities. This text then provides exercises in the applications of simple stochastic analysis to appropriate problems. Other chapters consider the study of general functions of independent, identically distributed, nonnegative random variables representing the successive intervals between renewals. This book discusses as well the numerous examples of Markov branching processes that arise naturally in various scientific disciplines. The final chapter deals with queueing models, which aid the design process by predicting system performance. This book is a valuable resource for students of engineering and management science. Engineers will also find this book useful.

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

DOWNLOAD EBOOK

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.

Six Steps Inventory Optimization
Six Steps Inventory Optimization

Author: antonio zrilic

Publisher: Lulu.com

Published: 2012-12-14

Total Pages: 130

ISBN-13: 1300525398

DOWNLOAD EBOOK

The story about inventory optimization is never ending story, and it is caught in vicious circle. Six steps we described in this book will help you to keep inventories under control and you manage them, and not vice versa. My desire was to give you the tools that will be able to feed the wolf (read: to satisfy customers), and no sheep are missing (read this again: that the costs are optimal and under control). It is important to note that any method, including this one, will not do the job instead of you. In addition you need to go regularly through these steps, you will also have to make certain strategic and operational decisions on a daily basis. And remember that the worst decision you can make is the one you do not make.

Criminal Procedure
Criminal Procedure

Author: Jefferson L. Ingram

Publisher: Routledge

Published: 2022-05-22

Total Pages: 802

ISBN-13: 1000532216

DOWNLOAD EBOOK

Criminal Procedure: Theory and Practice, 3rd Edition, presents a broad overview of criminal procedure as well as a detailed analysis of specific areas of the law that require specialized consideration. The third edition provides students with an updated, comprehensive text written in reader-friendly language to introduce them to the field of criminal procedure. Significant edited legal cases are integrated into each chapter, and comments, notes, and questions accompany each case. This edition features a new chapter covering searches of Internet-connected devices and electronic devices that may store personally connected data. The chapter “The Internet of Things” introduces search and seizure concepts related to electronics. In addition, a section at the conclusion of each chapter, “How Would You Decide,” allows readers to examine the facts of a real case that contain some of the important concepts form each chapter. The reader can compare the individual's personal resolution of the case with the way the actual court determined the issue. Using a balanced text/case format, the author provides an overview of general criminal procedure as well as guidance for law enforcement actions that honor constitutional protections and comport with the rule of law. Instructor support material prepared by the author is available on our website, including lecture slides and instructor’s manual with test bank, as well as online updates on new case law in the area of criminal procedure. This textbook is ideal for all criminal justice programs in both four-year and two-year schools, especially those preparing future police officers, as well as a reference for law students and attorneys.