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Scientific Inventory Control
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Download or read book Inventory Control written by Sven Axsäter and published by Springer. This book was released on 2015-07-06 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: This third edition, which has been fully updated and now includes improved and extended explanations, is suitable as a core textbook as well as a source book for industry practitioners. It covers traditional approaches for forecasting, lot sizing, determination of safety stocks and reorder points, KANBAN policies and Material Requirements Planning. It also includes recent advances in inventory theory, for example, new techniques for multi-echelon inventory systems and Roundy's 98 percent approximation. The book also considers methods for coordinated replenishments of different items, and various practical issues in connection with industrial implementation. Other topics covered in Inventory Control include: alternative forecasting techniques, material on different stochastic demand processes and how they can be fitted to empirical data, generalized treatment of single-echelon periodic review systems, capacity constrained lot sizing, short sections on lateral transshipments and on remanufacturing, coordination and contracts. As noted, the explanations have been improved throughout the book and the text also includes problems, with solutions in an appendix.
Book Synopsis Inventory Analytics by : Roberto Rossi
Download or read book Inventory Analytics written by Roberto Rossi and published by Open Book Publishers. This book was released on 2021-05-24 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inventory Analytics provides a comprehensive and accessible introduction to the theory and practice of inventory control – a significant research area central to supply chain planning. The book outlines the foundations of inventory systems and surveys prescriptive analytics models for deterministic inventory control. It further discusses predictive analytics techniques for demand forecasting in inventory control and also examines prescriptive analytics models for stochastic inventory control. Inventory Analytics is the first book of its kind to adopt a practicable, Python-driven approach to illustrating theories and concepts via computational examples, with each model covered in the book accompanied by its Python code. Originating as a collection of self-contained lectures, Inventory Analytics will be an indispensable resource for practitioners, researchers, teachers, and students alike.
Book Synopsis Inventory and Production Management in Supply Chains by : Edward A. Silver
Download or read book Inventory and Production Management in Supply Chains written by Edward A. Silver and published by CRC Press. This book was released on 2016-12-19 with total page 810 pages. Available in PDF, EPUB and Kindle. Book excerpt: Authored by a team of experts, the new edition of this bestseller presents practical techniques for managing inventory and production throughout supply chains. It covers the current context of inventory and production management, replenishment systems for managing individual inventories within a firm, managing inventory in multiple locations and firms, and production management. The book presents sophisticated concepts and solutions with an eye towards today’s economy of global demand, cost-saving, and rapid cycles. It explains how to decrease working capital and how to deal with coordinating chains across boundaries.
Book Synopsis Artificial Neural Network Applications in Business and Engineering by : Do, Quang Hung
Download or read book Artificial Neural Network Applications in Business and Engineering written by Do, Quang Hung and published by IGI Global. This book was released on 2021-01-08 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today’s modernized market, various disciplines continue to search for universally functional technologies that improve upon traditional processes. Artificial neural networks are a set of statistical modeling tools that are capable of processing nonlinear data with strong accuracy. Due to their complexity, utilizing their potential was previously seen as a challenge. However, with the development of artificial intelligence, this technology has proven to be an effective and efficient problem-solving method. Artificial Neural Network Applications in Business and Engineering is an essential reference source that illustrates recent advancements of artificial neural networks in various professional fields, accompanied by specific case studies and practical examples. Featuring research on topics such as training algorithms, transportation, and computer security, this book is ideally designed for researchers, students, developers, managers, engineers, academicians, industrialists, policymakers, and educators seeking coverage on modern trends in artificial neural networks and their real-world implementations.
Book Synopsis Best Practice in Inventory Management by : Tony Wild
Download or read book Best Practice in Inventory Management written by Tony Wild and published by Routledge. This book was released on 2017-11-02 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Best Practice in Inventory Management 3E offers a simple, entirely jargon-free and yet comprehensive introduction to key aspects of inventory management. Good management of inventory enables companies to improve their customer service, cash flow and profitability. This text outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to provide the desired effect in practice. With an unrivalled balance between qualitative and quantitative aspects of inventory control, experienced consultant Tony Wild portrays the many ways in which stock management is more nuanced than simple "number crunching" and mathematical modelling. This long-awaited new edition has been substantially and thoroughly updated. The product of decades of experience and expertise in the field, Best Practice in Inventory Management 3E provides students and professionals, even those with no prior experience in the area, an unbiased and honest picture of what it takes to effectively manage stocks in a firm.
Book Synopsis Spare Parts Inventory Control under System Availability Constraints by : Geert-Jan van Houtum
Download or read book Spare Parts Inventory Control under System Availability Constraints written by Geert-Jan van Houtum and published by Springer. This book was released on 2015-05-18 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book focuses on the tactical planning level for spare parts management. It describes a series of multi-item inventory models and presents exact and heuristic optimization methods, including greedy heuristics that work well for real, life-sized problems. The intended audience consists of graduate students, starting scholars in the field of spare parts inventory control, and spare parts planning specialists in the industry. In individual chapters the authors consider topics including: a basic single-location model; single-location models with multiple machine types and/or machine groups; the multi-location model with lateral transshipments; the classical METRIC model and its generalization to multi-indenture systems; and a single-location model with an explicit modeling of the repair capacity for failed parts and the priorities that one can set there. Various chapters of the book are used in a master course at Eindhoven University of Technology and in a PhD course of the Graduate Program Operations Management and Logistics (a Dutch network that organizes PhD courses in the field of OM&L). The required pre-knowledge consists of probability theory and basic knowledge of Markov processes and queuing theory. End-of-chapter problems appear for all chapters, with some answers appearing in an appendix.
Book Synopsis Scientific Inventory Management by : Joseph Buchan
Download or read book Scientific Inventory Management written by Joseph Buchan and published by . This book was released on 1963 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Scientific Inventory Control by : Colin David Lewis
Download or read book Scientific Inventory Control written by Colin David Lewis and published by . This book was released on 1970 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Production Planning and Control by : D.R. Kiran
Download or read book Production Planning and Control written by D.R. Kiran and published by Butterworth-Heinemann. This book was released on 2019-06-18 with total page 581 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production Planning and Control draws on practitioner experiences on the shop floor, covering everything a manufacturing or industrial engineer needs to know on the topic. It provides basic knowledge on production functions that are essential for the effective use of PP&C techniques and tools. It is written in an approachable style, thus making it ideal for readers with limited knowledge of production planning. Comprehensive coverage includes quality management, lean management, factory planning, and how they relate to PP&C. End of chapter questions help readers ensure they have grasped the most important concepts. With its focus on actionable knowledge and broad coverage of essential reference material, this is the ideal PP&C resource to accompany work, research or study. - Uses practical examples from the industry to clearly illustrate the concepts presented - Provides a basic overview of statistics to accompany the introduction to forecasting - Covers the relevance of PP&C to key emerging themes in manufacturing technology, including the Industrial Internet of Things and Industry 4
Book Synopsis Inventory Management by : John W. Toomey
Download or read book Inventory Management written by John W. Toomey and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: The goal of Inventory Management will be to explain the dynamics of inventory management's principles, concepts, and techniques as they relate to the entire supply chain (customer demand, distribution, and product transformation processes). The interrelationships of all functions will be defined. The book concentrates on understanding the many ramifications of inventory management. In today's competitive business environment, inventory management has proven to be most critical, and this book is directed to the management of inventory to assist in better understanding the body of knowledge required to operate in a competitive world. Almost all functions such as sales, engineering, and accounting have an impact and are impacted by inventory management. The book will assist in the training of students as well as APICS CPIM (Certified in Production and Inventory Management) candidates. As such it will not only be a textbook, but also a desk reference for those employees responsible for controlling inventories, and thereby assist in reducing cost, improving customer service, and maximizing capacity. Each chapter concludes with a case study and suggested solution. The case studies tell the story of a growing company, Smith Industries, and the related inventory management problems it had to address. The problems addressed relate to the subject matter of the chapter.
Book Synopsis Summary and Final Report on Opportunities for Increasing Markets and Employment in the Shoe Industry (nonrubber) by : Battelle Memorial Institute
Download or read book Summary and Final Report on Opportunities for Increasing Markets and Employment in the Shoe Industry (nonrubber) written by Battelle Memorial Institute and published by . This book was released on 1966 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Operations Research and Management Science Handbook by : A. Ravi Ravindran
Download or read book Operations Research and Management Science Handbook written by A. Ravi Ravindran and published by CRC Press. This book was released on 2016-04-19 with total page 900 pages. Available in PDF, EPUB and Kindle. Book excerpt: Operations Research (OR) began as an interdisciplinary activity to solve complex military problems during World War II. Utilizing principles from mathematics, engineering, business, computer science, economics, and statistics, OR has developed into a full fledged academic discipline with practical application in business, industry, government and m
Book Synopsis Proceedings of the Eighth International Conference on Management Science and Engineering Management by : Jiuping Xu
Download or read book Proceedings of the Eighth International Conference on Management Science and Engineering Management written by Jiuping Xu and published by Springer. This book was released on 2014-05-06 with total page 787 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the Proceedings of the Eighth International Conference on Management Science and Engineering Management (ICMSEM) held from July 25 to 27, 2014 at Universidade Nova de Lisboa, Lisbon, Portugal and organized by International Society of Management Science and Engineering Management (ISMSEM), Sichuan University (Chengdu, China) and Universidade Nova de Lisboa (Lisbon, Portugal). The goals of the conference are to foster international research collaborations in Management Science and Engineering Management as well as to provide a forum to present current findings. A total number of 138 papers from 14 countries are selected for the proceedings by the conference scientific committee through rigorous referee review. The selected papers in the first volume are focused on Intelligent System and Management Science covering areas of Intelligent Systems, Decision Support Systems, Manufacturing and Supply Chain Management.
Book Synopsis Science in Management by : C. S. Chedzey
Download or read book Science in Management written by C. S. Chedzey and published by Routledge. This book was released on 2018-04-17 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1970. Management consultants in the United Kingdom are often accused of cloaking their activities in secrecy. The confidential nature of consulting work often precludes the publication of case examples and it is only occasionally that press reports appear summarizing particular studies. Consulting firms, however, are in the unique position of gaining experience over the whole range of industry, commerce and government, and consequently have a full opportunity for spear-heading new developments and gathering technical know-how of wide value to managers. Science in Management outlines the methods used by a consulting firm specializing in operational research and computer science and describes numerous case examples taken from a wide range of industries and from the public sector. These examples cover tactical problems, problems which overlap functional boundaries within a company and a few major projects of a strategic nature. The aim of the twenty contributors has been to explain in relatively simple terms, some of the more important techniques and to illustrate by practical examples, the wide scope of the management science approach at all problem levels. The book will be helpful to all those seeking to apply science in management. It is written primarily for managers and those studying modern management methods, but parts of the book will be of interest to specialists as well.
Book Synopsis Inventory Optimization by : Nicolas Vandeput
Download or read book Inventory Optimization written by Nicolas Vandeput and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-08-24 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book . . . Nicolas Vandeput hacks his way through the maze of quantitative supply chain optimizations. This book illustrates how the quantitative optimization of 21st century supply chains should be crafted and executed. . . . Vandeput is at the forefront of a new and better way of doing supply chains, and thanks to a richly illustrated book, where every single situation gets its own illustrating code snippet, so could you. --Joannes Vermorel, CEO, Lokad Inventory Optimization argues that mathematical inventory models can only take us so far with supply chain management. In order to optimize inventory policies, we have to use probabilistic simulations. The book explains how to implement these models and simulations step-by-step, starting from simple deterministic ones to complex multi-echelon optimization. The first two parts of the book discuss classical mathematical models, their limitations and assumptions, and a quick but effective introduction to Python is provided. Part 3 contains more advanced models that will allow you to optimize your profits, estimate your lost sales and use advanced demand distributions. It also provides an explanation of how you can optimize a multi-echelon supply chain based on a simple—yet powerful—framework. Part 4 discusses inventory optimization thanks to simulations under custom discrete demand probability functions. Inventory managers, demand planners and academics interested in gaining cost-effective solutions will benefit from the "do-it-yourself" examples and Python programs included in each chapter. Events around the book Link to a De Gruyter Online Event in which the author Nicolas Vandeput together with Stefan de Kok, supply chain innovator and CEO of Wahupa; Koen Cobbaert, Director in the S&O Industry practice of PwC Belgium; Bram Desmet, professor of operations & supply chain at the Vlerick Business School in Ghent; and Karl-Eric Devaux, Planning Consultant, Hatmill, discuss about models for inventory optimization. The event will be moderated by Eric Wilson, Director of Thought Leadership for Institute of Business Forecasting (IBF): https://youtu.be/565fDQMJEEg
Book Synopsis Inventory Control Models with Motivational Policies by : Ata Allah Taleizadeh
Download or read book Inventory Control Models with Motivational Policies written by Ata Allah Taleizadeh and published by Springer. This book was released on 2018-02-13 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Quick Review Series: BSc Nursing, 4th Year E-BOOK by : Annu Kaushik
Download or read book Quick Review Series: BSc Nursing, 4th Year E-BOOK written by Annu Kaushik and published by Elsevier Health Sciences. This book was released on 2022-09-22 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quick Review Series: BSc Nursing, 4th Year E-BOOK
