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9 results for “inventory optimization”
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Research ArticleOpen accessEvery word in the titleAI-Integrated Probabilistic Optimization for Inventory Control Under Stochastic DemandJanardan BeheraThe identification and operationalization of increasingly nonstationary and volatile demand patterns challenge the conduct of inventory management in contemporary supply chains. The classical models, especially EOQ and static policies, rest on the stability of demand assumptions, either deterministically or distributionally, and are hence less apt under real-world uncertainty. In view of these limitations, the present study puts forward an integrated … …Journal of Mathematics and Statistics, Vol. 22, Issue 1 · 6 May 2026 · 2,217 accessesView PDFCite
Research ArticleOpen accessIn the keywordsConvergence of GenAI and RPA: A Digital Heaven in Supply Chain Optimization ProcessSaurabh A. Pahune, Zahid Akhtar, Manoj Chandrasekharan et al.One of the most groundbreaking advances in the field of intelligent automation is the merging of Generative Artificial Intelligence (GenAI) and Robotic Process Automation (RPA). This combination unlocks previously unachievable capabilities in automation. RPA (software bots) improves speed and operational efficiency by automating rule-based tasks, Standard Operating Procedures (SOPs), and repetitive workflows. At the same time, it minimizes manual labor … …Journal of Computer Science, Vol. 21, Issue 12 · 8 Feb 2026 · 2,040 accessesView PDFCite
Research ArticleOpen accessIn the keywordsPROBABILISTIC PERIODIC REVIEW INVENTORYMODELUSING LAGRANGE TECHNIQUE AND FUZZY ADAPTIVE PARTICLE SWARM OPTIMIZATIONH. A. Fergany, N. A. El-Hefnawy, O. M. HollahThe integration between inventory model and Artificial Intelligent (AI) represents the rich area of research since last decade. In this study we investigate probabilistic periodic review <Q<qm, N> inventory model with mixture shortage (backorder and lost sales) using Lagrange multiplier technique and Fuzzy Adaptive Particle Swarm Optimization (FAPSO) under restrictions. The objective of these algorithms is to find the optimal … …Journal of Mathematics and Statistics, Vol. 10, Issue 3 · 11 Aug 2014 · 7,017 accessesView PDFCite
Research ArticleOpen accessIn the keywordsOptimizing Inventory Using Genetic Algorithm for Efficient Supply Chain ManagementP. Radhakrishnan, W. M. Prasad, M. R. GopalanProblem statement: Today, inventory management is considered to be an important field in Supply chain management. Once the efficient and effective management of inventory is carried out throughout the supply chain, service provided to the customer ultimately gets enhanced. Hence, to ensure minimal cost for the supply chain, the determination of the level of inventory to be held at various … …Journal of Computer Science, Vol. 5, Issue 3 · 31 Mar 2009 · 8,362 accessesView PDFCite
Research ArticleOpen accessIn the abstractPredictive Analytics and Procurement Visibility: A Big-Data-Driven Approach to Customer Satisfaction in Supply Chain ManagementDevendra Nath Pathak, Rakesh Kumar Yadav, Hitendra SinghIn the current dynamic and consumer driven market environment, supply chains need to move out of reactive to the proactive ecosystems. One of the most urgent requirements is increasing procurement visibility and the development of better order planning for the inventory to meet the products’ demand with continued high customer satisfaction. This paper is an agenda of big-data-driven predictive analytics … …Journal of Computer Science, Vol. 22, Issue 1 · 3 Feb 2026 · 2,442 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordInventory Models with Power Demand and Inventory-Induced Demand with Holding Cost FunctionsRakesh Prakash Tripathi, Sarla Pareek, Manjit KaurIn real life customers are motivated to buy more if there is more availability of product. In this study, we develop inventory model for inventory dependent demand with different holding cost function. Mathematical formulations are discussed for two situations i.e., power demand rate with inventory dependent holding cost functions and inventory-induced demand rate with time and inventory dependent holding cost … …American Journal of Applied Sciences, Vol. 14, Issue 6 · 6 Apr 2017 · 7,542 accessesView PDFCite
Research ArticleOpen accessAll words, across the recordAN OPTIMIZATION-BASED HEURISTIC FOR A CAPACITATED LOT-SIZING MODEL IN AN AUTOMATED TELLER MACHINES NETWORKSupatchaya Chotayakul, Peerayuth Charnsetthikul, Juta Pichitlamken, John KobzaThis research studies a cash inventory problem in an ATM Network to satisfy customer’s cash needs over multiple periods with deterministic demand. The objective is to determine the amount of money to place in Automated Teller Machines (ATMs) and cash centers for each period over a given time horizon. The algorithms are designed as a multi-echelon inventory problem with single-item … …Journal of Mathematics and Statistics, Vol. 9, Issue 4 · 1 Oct 2013 · 7,049 accessesView PDFCite