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39 articles for “Inventory model”
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Research ArticleOpen accessIn the abstractThe Soft Systems Methodology Based Analysis Model in the Development of Selfmanaging Information SystemsSa'Adah HassanProblem statement: In order to be able to manage its own information within its operating environment with minimal human intervention, a selfmanaging information system ought to identify and make use of information from the resources available in its environment. The development of requirements for selfmanaging information systems should start with an appropriate analysis model that can explicitly show the collaborating … …Journal of Computer Science, Vol. 8, Issue 3 · 16 Jan 2012 · 7,024 accessesView PDFCite
Research ArticleOpen accessIn the abstractConsidering Competition Avoidant Individuals Via the Big Five ModelRichard M. Ryckman, Bill Thornton, Joel A. Gold, Shawn CollierProblem statement: This study sought to increase our understanding of the personality characteristics of competition avoidant individuals by examining differential associations between the Big Five personality traits and competition avoidance. Approach: Participants (n = 169) completed a questionnaire set including relevant assessments, the Competition Avoidance Scale and the Five-Factor Model Inventory with subscales for Neuroticism, Extraversion, Openness to Experience, Conscientiousness … …Current Research in Psychology, Vol. 2, Issue 1 · 26 Nov 2011 · 7,902 accessesView PDFCite
Research ArticleOpen accessIn the abstractModeling of Multi-Level Capacitated Lot-Size Scheduling ProblemZuhaimy Ismail, Diyana Abd Mahad, Tan Siew ChingProblem statement: Lot-size is the clustering of items for transportation or manufacturing processes occurring at the same time. The issue in lot-size problem is to design production processes so that the feasible production quantities are equal to customer demand quantities and the timing of production is such that inventory positions are almost zero. Approach: In this study, we explore the … …American Journal of Applied Sciences, Vol. 8, Issue 3 · 25 Mar 2011 · 7,319 accessesView PDFCite
Research ArticleOpen accessIn the abstractPeriodic Review Probabilistic Multi-Item Inventory System with Zero Lead Time under Constraint and Varying Holding CostNaglaa Hassan El-SodanyProblem statement: This study treats the probabilistic safety stock n-items inventory system having varying holding cost and zero lead-time subject to linear constraint. Approach: The expected total cost is composed of three components: the average purchase cost; the expected order cost and the expected holding cost. Results: The policy variables for this model are the number of periods N*r and … …Journal of Mathematics and Statistics, Vol. 7, Issue 1 · 29 Jan 2011 · 7,524 accessesView PDFCite
Research ArticleOpen accessIn the abstractThe Influence of Information Sharing on Supply Chain ManagementChiang WangProblem statement: Implementing information sharing and coordination can enhance the performance of supply chain management, such as a short response time, minimum cost, low inventory and joint production and transportation. Approach: Through information sharing among all supply chain members, stable long-term relationships can be established and maintained. Results: This study uses a quantitative cost model to identify the interaction among … …Physics International, Vol. 1, Issue 2 · 31 Dec 2010 · 7,602 accessesView PDFCite
Research ArticleOpen accessIn the abstractA Stock Dependent Economic Order Quantity Model for Perishable Items Under Inflationary ConditionsSingh Sarbjit, Singh Shiv RajProblem statement: In most of the earlier inventory models, effect of inflation has been ignored, which is playing pilot role in present environment. In this article, we have proposed an economic order quantity model for deteriorating items having stock dependent demand (whose demand varies with the stock) under the effect of inflation. Approach: Firstly, problem is framed in the form … …American Journal of Economics and Business Administration, Vol. 2, Issue 3 · 30 Sep 2010 · 7,387 accessesView PDFCite
Research ArticleOpen accessIn the abstractIndoor Positioning System Using Artificial Neural NetworkHamid Mehmood, Nitin K. Tripathi, Taravudh TipdechoProblem statement: Location knowledge in indoor environment using Indoor Positioning Systems (IPS) has become very useful and popular in recent years. A number of Location Based Services (LBS) have been developed, which are based on IPS, these LBS include asset tracking, inventory management and security based applications. Many next-generation LBS applications such as social networking, local search, advertising and geo-tagging … …Journal of Computer Science, Vol. 6, Issue 10 · 30 Aug 2010 · 8,838 accessesView PDFCite
Research ArticleOpen accessIn the abstractOn Replenishing Items with Seasonal Intermittent DemandGary Mitchell, Meike NiederhausenProblem statement: There are numerous difficulties associated with replenishing intermittent demand items and these are compounded when the demand distribution(s) vary seasonally. Excess inventories during an “off” season are typical, while shortages frequently occur during the “in” season, especially at the transition points between “seasons”. Approach: Evaluate the extent to which items characterized by non-stationary (seasonal) intermittent demand can be … …American Journal of Economics and Business Administration, Vol. 2, Issue 1 · 31 Mar 2010 · 7,537 accessesView PDFCite
Research ArticleOpen accessIn the abstractAn Optimal Inventory Policy for Items having Linear Demand and Variable Deterioration Rate with Trade CreditSingh Shivraj, Singh SarbjitProblem statement: Demand considered in most of the classical inventory models is constant, while in most of the practical cases the demand changes with time. In this study model has been framed to study the items whose demand changes with time and deterioration rate increases with time. The effect of permissible delay is also incorporated in this study. The objective … …Journal of Mathematics and Statistics, Vol. 5, Issue 4 · 31 Dec 2009 · 7,020 accessesView PDFCite
Research ArticleOpen accessIn the abstractAn Optimal Control Approach to Inventory-Production Systems with Weibull Distributed DeteriorationMd. Azizul Baten, Anton Abdulbasah KamilProblem statement: We studied the inventory-production system with two-parameter Weibull distributed deterioration items. Approach: The inventory model was developed as linear optimal control problem and by the Pontryagin maximum principle, the optimal control problem was solved analytically to obtain the optimal solution of the problem. Results: It was then illustrated with the help of an example. By the principle of … …Journal of Mathematics and Statistics, Vol. 5, Issue 3 · 30 Sep 2009 · 7,549 accessesView PDFCite