Inventory Policy

Author : Ata Allah Taleizadeh
Publisher : Springer
Page : 304 pages
File Size : 52,7 Mb
Release : 2018-02-13
Category : Business & Economics
ISBN : 9783319727158

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Inventory Control Models with Motivational Policies by Ata Allah Taleizadeh Pdf

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.

Author : Harvard Business Review
Publisher : Unknown
Page : 190 pages
File Size : 47,8 Mb
Release : 1972
Category : Inventories
ISBN : UOM:49015000301482

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Inventory Policy by Harvard Business Review Pdf

Author : Horst Tempelmeier
Publisher : BoD – Books on Demand
Page : 290 pages
File Size : 44,7 Mb
Release : 2020-06-02
Category : Business & Economics
ISBN : 9783751930710

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Inventory Analytics by Horst Tempelmeier Pdf

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.

Author : Robert A. Davis
Publisher : John Wiley & Sons
Page : 320 pages
File Size : 51,9 Mb
Release : 2015-12-21
Category : Business & Economics
ISBN : 9781119220411

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Demand-Driven Inventory Optimization and Replenishment by Robert A. Davis Pdf

Remove built-in supply chain weak points to more effectively balance supply and demand Demand-Driven Inventory Optimization and Replenishment shows how companies can support supply chain metrics and business initiatives by removing the weak points built into their inventory systems. Beginning with a thorough examination of Just in Time, Efficient Consumer Response, and Collaborative Forecasting, Planning, and Replenishment, this book walks you through the mathematical shortcuts set up in your management system that prevent you from attaining supply chain excellence. This expanded second edition includes new coverage of inventory performance, business verticals, business initiatives, and metrics, alongside case studies that illustrate how optimized inventory and replenishment delivers results across retail, high-tech, men's clothing, and food sectors. Inventory optimization allows you to avoid out-of-stock situations without impacting the bottom line with excessive inventory maintenance. By keeping just the right amount of inventory on hand, your company is better able to meet demand without sacrificing the cost-effectiveness of other supply chain strategies. The trick, however, is determining "just the right amount"—and this book provides the background and practical guidance you need to do just that. Examine the major supply chain strategies of the last 30 years Remove the shortcuts that prohibit supply chain excellence Optimize your supply/demand balance in any vertical Overcome systemic weaknesses to strengthen the bottom line Inventory optimization is benefitting companies around the world, as exemplified here by case studies involving Matas, PWT, Wistron, and Amway. When inefficiencies are built into the system, it's only smart business to identify and remove them—and implement a new streamlined process that runs like a well-oiled machine. Demand-Driven Inventory Optimization and Replenishment is an essential resource for exceptional supply chain management.

Author : Colin Lewis
Publisher : Routledge
Page : 172 pages
File Size : 53,5 Mb
Release : 2012-05-23
Category : Business & Economics
ISBN : 9781136346835

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Demand Forecasting and Inventory Control by Colin Lewis Pdf

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.

Author : Jing-Sheng J. Song
Publisher : Edward Elgar Publishing
Page : 565 pages
File Size : 54,5 Mb
Release : 2023-08-14
Category : Technology & Engineering
ISBN : 9781800377103

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Research Handbook on Inventory Management by Jing-Sheng J. Song Pdf

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.

Author : Anonim
Publisher : Unknown
Page : 80 pages
File Size : 55,9 Mb
Release : 1997
Category : Fishes
ISBN : MINN:31951D03009623M

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R1/R4 (Northern/Intermountain Regions) Fish and Fish Habitat Standard Inventory Procedures Handbook by Anonim Pdf

Author : Thomas Wensing
Publisher : Springer Science & Business Media
Page : 159 pages
File Size : 54,5 Mb
Release : 2011-06-26
Category : Business & Economics
ISBN : 9783642204791

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Periodic Review Inventory Systems by Thomas Wensing Pdf

The focus of the work is twofold. First, it provides an introduction into fundamental structural and behavioral aspects of periodic review inventory systems. Second, it includes a comprehensive study on analytical and optimization aspects of a specific class of those systems. For the latter purpose, general solution methods for problems of inventory management in discrete time are described and developed along with highly specialized methods to solve very specific problems related to the model variants examined. The work is thus addressed to students and practitioners who seek a deeper understanding of managing inventories in discrete time as well as to software developers who require implementation aids on specific problems of inventory management.

Author : Jefferson L. Ingram
Publisher : Routledge
Page : 802 pages
File Size : 44,8 Mb
Release : 2022-05-22
Category : Law
ISBN : 9781000532210

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Criminal Procedure by Jefferson L. Ingram Pdf

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.

Author : Edward A. Silver,David F. Pyke,Douglas J. Thomas
Publisher : CRC Press
Page : 810 pages
File Size : 48,7 Mb
Release : 2016-12-19
Category : Business & Economics
ISBN : 9781466558625

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Inventory and Production Management in Supply Chains by Edward A. Silver,David F. Pyke,Douglas J. Thomas Pdf

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.

Author : Craig C. Sherbrooke
Publisher : Springer Science & Business Media
Page : 350 pages
File Size : 49,9 Mb
Release : 2004-04-30
Category : Business & Economics
ISBN : 9781402078491

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Optimal Inventory Modeling of Systems by Craig C. Sherbrooke Pdf

CONTENIDO: Single-site inventory model for repairable items - Metric: a multi-echelon model - Demand processes and demand prediction - Vari-metric: a multi-echelon, multi-indenture model - Multi-echelon, multi-indenture models with periodic supply and redundancy - Special topics in periodic supply - Modeling of cannibalization - Applications - Implementation issues.

Author : Nicolas Vandeput
Publisher : Walter de Gruyter GmbH & Co KG
Page : 305 pages
File Size : 47,5 Mb
Release : 2020-08-24
Category : Business & Economics
ISBN : 9783110673999

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Inventory Optimization by Nicolas Vandeput Pdf

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

Author : Anonim
Publisher : Unknown
Page : 644 pages
File Size : 43,5 Mb
Release : 1961
Category : Business cycles
ISBN : UIUC:30112107747005

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Inventory Fluctuations and Economic Stabilization by Anonim Pdf

Author : United States. Congress. Joint Economic Committee
Publisher : Unknown
Page : 234 pages
File Size : 45,9 Mb
Release : 1961
Category : Business cycles
ISBN : UOM:39015055420833

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Inventory Fluctuations and Economic Stabilization by United States. Congress. Joint Economic Committee Pdf

Author : antonio zrilic
Publisher : Lulu.com
Page : 130 pages
File Size : 40,6 Mb
Release : 2012-12-14
Category : Electronic
ISBN : 9781300525394

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Six Steps Inventory Optimization by antonio zrilic Pdf

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.