inventory management
Inventory management is the supervision of non-capitalized assets, or inventory, and stock items. As a component of supply chain management, inventory management supervises the flow of goods from manufacturers to warehouses and from these facilities to point of sale.
Production and inventory management
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The guide untitled Production and Inventory Management is the reserve that recommended to you you just read. You can see the quality of the reserve content that will be shown to an individual. The language that publisher use to explained their ideas are easily to
Principles of inventory and materials management
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Google Books Purchasing Materials Management Google Books Result Inventory Management – Wiley Encyclopedia of Management Top 5 Principles of Inventory Management Principles of Inventory and Materials Management by Richard J . 2 2015
Inventory management and production planning and scheduling
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Number of segments Number of market segments 2 3 point 3 of Figure 3.2 (hence I is the average(hence Iv is the average 2 4 line just below 3.1 1988 1888 2 4 footnote 12 model. Moreover model.(See Section 2.4 of Chapter 2.) Moreover 6 line 10 of 3.11. 4 exp
Value-based inventory management
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The basic financial purpose of a firm is to maximize its value. An inventory management system should also contribute to realization of this basic aim. Many current asset management models currently found in financial management literature were constructed
Corporate inventory management with value maximization in view
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The basic financial purpose of the firm is maximization of its value. An inventory management should also contribute to the realization of this basic aim. Many current assets management models which we can find in the literature relating to financial management
Air travel demand and airline seat inventory management
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Many airlines practice differential pricing of fare products that share a common inventory of available seats on an aircraft. Seat inventory management is the process of limiting the number of seats made available to each fare class. The objective of both strategies is to
Inventory management in supply networks
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Books On Demand. Paperback. Book Condition: New. Paperback. 360 pages. Dimensions: 8.7 in. x 6.5 in. x 0.9 in. This textbook provides a practice-oriented introduction into the problems of stochastic inventory management observed in complex supply chains. In
Inventory management and its effects on customer satisfaction
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This study examines inventory management and the role it plays in improving customer satisfaction. It looks at how food companies have been under pressure to streamline their inventory systems, and the consequences of such actions. It also examines how many
Capital structure and inventory management
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We examine the impact of a firms capital structure on its short-term decisions concerning inventories, dividends, and liquidity. The model is a single-stage inventory system with the criterion of maximizing the value of the firm, namely the expected present value of dividends
The impact of inventory management practices on financial performance of sugar manufacturing firms in Kenya
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Manufacturing firms apply various techniques in the management of their inventories. The practices adopted have a significant impact on returns, profitability and volume of sales. Manufacturing firms that efficiently apply these practices have an excellent financial
Inventory management in Malaysian construction firms: impact on performance
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Managers act rationally in managing their inventory efficiently if they are convinced that the practice enhances firm performance. However, extant research in operations management has revealed divergent insights into the inventory-performance link. This study empirically
Inventory management
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Effect of inventory management efficiency on profitability: Current evidence from the US manufacturing industry
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While manufacturing firms pursue efficient inventory management , there is limited evidence of improved financial performance related to inventory management practices. This paper examines financial statement data for US manufacturing firms to explore the relationship
Inventory management of time dependent deteriorating items with salvage value
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A mathematical model is developed for items which deteriorate with respect to time. The salvage value is incorporated to this deteriorated units . The sensivity analysis is carried out to study the effect of salvage value and other parameters using numerical example Keywords: Deterioration
Uncertainty in supply chain inventory management : a fuzzy approach
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Inventory represents from twenty to sixty percent of most manufacturing firms total assets. Inventory management policies can thus prove critical in drawing the profits of such firms (Arnold) and their relevance clearly increase when Supply Chains (SCs) rather than
Hybrid Petri net modeling of inventory management systems
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This paper shows how First {Order Hybrid Petri nets, a class of nets that combine fluid and discrete event dynamics, can be used to describe inventory control systems. We describe different management policies based on fixed order quantities or periodic review, and show
Sharpening inventory management
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The Harvard Business Review, a bimonthly journal for professional managers, is a program in executive education of the Graduate School of Business Administration, Harvard University {[ohn H. McArthur, Dean; Derek C. Bok, President). Copyright 1985 by the
On the choice of a demand distribution for inventory management models
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An inventory system containing uncertainty, eg in demand, in costs, in lead-time, or in supplied quantity or quality needs for re-order point models a probability distribution of demand. In the literature on inventory control, many times reference is made to the Normal
Inventory management practices and business performance for small-scale enterprises in Kenya
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Abstract Small-Scale Enterprises (SSEs) are acknowledged as significant contributors to economic growth through their perceived critical role in providing job opportunities, poverty reduction and their acting as intermediaries in trade. However, the International Labor
Pharmaceutical inventory management issues in hospital supply chains
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The primary focus of the healthcare sector is to provide patients with the best quality of care. While the healthcare cost is keep on growing, effective healthcare supply chain should be achieved to reduce some unnecessary costs. To address this issue, this study aims to