Decision Making In Inventory Management

Author : Nita H. Shah,Mandeep Mittal,Leopoldo Eduardo Cárdenas-Barrón
Publisher : Springer Nature
Page : 237 pages
File Size : 55,6 Mb
Release : 2021-08-23
Category : Business & Economics
ISBN : 9789811617294

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Decision Making in Inventory Management by Nita H. Shah,Mandeep Mittal,Leopoldo Eduardo Cárdenas-Barrón Pdf

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.

Author : Robert Goodell Brown
Publisher : New York, Holt, Rinehart and Winston [1967]
Page : 426 pages
File Size : 43,9 Mb
Release : 1967
Category : Inventories
ISBN : UOM:39076005755314

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Decision Rules for Inventory Management by Robert Goodell Brown Pdf

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.

Author : Ashokkumar Patel
Publisher : Unknown
Page : 92 pages
File Size : 46,8 Mb
Release : 2015-02-17
Category : Electronic
ISBN : 1508712506

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Inventory Management and Decision Making by Ashokkumar Patel Pdf

reference book for commerece

Author : Edward A. Silver,Rein Peterson
Publisher : Unknown
Page : 756 pages
File Size : 41,9 Mb
Release : 1985-01-18
Category : Business & Economics
ISBN : UOM:39015047415032

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Decision Systems for Inventory Management and Production Planning by Edward A. Silver,Rein Peterson Pdf

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.

Author : Roger G. Schroeder
Publisher : McGraw-Hill Companies
Page : 792 pages
File Size : 48,8 Mb
Release : 1985
Category : Business & Economics
ISBN : UOM:39015012751098

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Operations Management by Roger G. Schroeder Pdf

Author : John W. Toomey
Publisher : Springer Science & Business Media
Page : 227 pages
File Size : 44,7 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461543633

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Inventory Management by John W. Toomey Pdf

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.

Author : George Ival Prater
Publisher : Unknown
Page : 450 pages
File Size : 48,5 Mb
Release : 1962
Category : Accounting
ISBN : STANFORD:20500565649

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Management Accounting Concepts Related to Decision Making about Business Inventories by George Ival Prater Pdf

Author : Edward A. Silver,Rein Peterson
Publisher : Unknown
Page : 722 pages
File Size : 54,9 Mb
Release : 1985
Category : Decision making
ISBN : 0471547840

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Decision Systems for Inventory Management and Production Planning by Edward A. Silver,Rein Peterson Pdf

Presenting an in-depth discussion of the major inventory and production decisions faced by both private and public organizations, this book also covers the latest decision-making systems, such as Just-in-Time Manufacturing, KANBAN, Distribution

Author : Nita H. Shah,Mandeep Mittal
Publisher : Springer Nature
Page : 470 pages
File Size : 43,8 Mb
Release : 2019-08-31
Category : Business & Economics
ISBN : 9789811396984

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Optimization and Inventory Management by Nita H. Shah,Mandeep Mittal Pdf

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.

Author : Max Muller
Publisher : AMACOM Div American Mgmt Assn
Page : 272 pages
File Size : 42,9 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780814416556

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Essentials of Inventory Management by Max Muller Pdf

Does inventory management sometimes feel like a waste of time? Learn how to maximize your inventory management process to use it as a tool for making important business decisions.

Author : Edward A. Silver,David F. Pyke,Rein Peterson
Publisher : Wiley
Page : 0 pages
File Size : 48,9 Mb
Release : 1998-01-23
Category : Business & Economics
ISBN : 0471119474

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Inventory Management and Production Planning and Scheduling by Edward A. Silver,David F. Pyke,Rein Peterson Pdf

This is a revision of a classic which integrates managerial issues with practical applications, providing a broad foundation for decision-making. It incorporates recent developments in inventory management, including Just-in-Time Management, Materials Requirement Planning, and Total Quality Management.

Author : Steven D. MacDonald
Publisher : Unknown
Page : 85 pages
File Size : 42,6 Mb
Release : 1997-03-01
Category : Electronic
ISBN : 1423572424

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Navy Inventory Management Decision-Making by Steven D. MacDonald Pdf

The General Accounting Office (GAO) has stated that the Department of Defense (DoD) believes it is better to overbuy inventory items than to manage with just the right amount of stock. This thesis asserts that Navy inventory managers do not have a general tendency to overbuy items, but rather make rational purchasing decisions influenced and motivated by the environment of rewards and penalties in which they work. It is also asserted that Navy inventory managers are risk adverse due to the nature of their environment. Personal stockout costs are examined as one of the key factors influencing decision-making and risk adverse behavior. This thesis introduces a conceptual model that describes the Navy inventory management decision-making environment. This model shows the relationship between personal stockout costs, required service levels, cost considerations, and planning horizons across the different decision-making levels in the Navy. This study concludes that readiness-based performance measures must be changed to incorporate a cost focus, and that the risk facing inventory managers due to personal stockout costs needs to be reduced to change their behavior of lower inventory levels are desired.

Author : Sridhar Tayur,Ram Ganeshan,Michael Magazine
Publisher : Springer Science & Business Media
Page : 851 pages
File Size : 46,9 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9781461549499

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Quantitative Models for Supply Chain Management by Sridhar Tayur,Ram Ganeshan,Michael Magazine Pdf

Quantitative models and computer-based tools are essential for making decisions in today's business environment. These tools are of particular importance in the rapidly growing area of supply chain management. This volume is a unified effort to provide a systematic summary of the large variety of new issues being considered, the new set of models being developed, the new techniques for analysis, and the computational methods that have become available recently. The volume's objective is to provide a self-contained, sophisticated research summary - a snapshot at this point of time - in the area of Quantitative Models for Supply Chain Management. While there are some multi-disciplinary aspects of supply chain management not covered here, the Editors and their contributors have captured many important developments in this rapidly expanding field. The 26 chapters can be divided into six categories. Basic Concepts and Technical Material (Chapters 1-6). The chapters in this category focus on introducing basic concepts, providing mathematical background and validating algorithmic tools to solve operational problems in supply chains. Supply Contracts (Chapters 7-10). In this category, the primary focus is on design and evaluation of supply contracts between independent agents in the supply chain. Value of Information (Chapters 11-13). The chapters in this category explicitly model the effect of information on decision-making and on supply chain performance. Managing Product Variety (Chapters 16-19). The chapters in this category analyze the effects of product variety and the different strategies to manage it. International Operations (Chapters 20-22). The three chapters in this category provide an overview of research in the emerging area of International Operations. Conceptual Issues and New Challenges (Chapters 23-27). These chapters outline a variety of frameworks that can be explored and used in future research efforts. This volume can serve as a graduate text, as a reference for researchers and as a guide for further development of this field.

Author : Edward Silver
Publisher : Wiley
Page : 493 pages
File Size : 42,6 Mb
Release : 1985-02-04
Category : Electronic
ISBN : 0471818143

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Decision Systems for Inventory Management and Production Planning by Edward Silver Pdf

Author : IMA
Publisher : John Wiley & Sons
Page : 720 pages
File Size : 47,8 Mb
Release : 2016-12-19
Category : Business & Economics
ISBN : 9781119305385

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Wiley CMAexcel Learning System Exam Review 2017: Part 2, Financial Decision Making (1-year Access) by IMA Pdf

Covers all 2017 exam changes Text matches Wiley CMAexcel Review Course content structure LOS index in Review Course for easier cross-references to full explanations in text Includes access to the Online Test Bank, which contains 1,000 multiple-choice questions and 5 sample essays Features sample essay questions, knowledge checks, exam tips, and practice questions Multiple-choice question feedback helps CMA candidates focus on areas where they need the most work Helps candidates prepare a solid study plan with exam tips Feature section examines Financial Statement Analysis, Corporate Finance, Decision Analysis, Risk Management, Investment Decisions, and Professional Ethics Based on the CMA body of knowledge developed by the Institute of Certified Management Accountants (ICMA®), Wiley CMAexcel Learning System Exam Review 2017 features content derived from the exam Learning Outcome Statements (LOS).