Download or read book Decision Making in Inventory Management written by Nita H. Shah and published by Springer Nature. This book was released on 2021-08-23 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Decison Making Style Inventory Participant s Workbook written by William C. Coscarelli and published by John Wiley & Sons. This book was released on 2007-08-17 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most recent research into decision-making suggests that the most effective leaders are the ones who are able to adapt their decision-making style over time as their roles and responsibilities change. Discover a proven, easily understandable way to assess decision-making style with the Decision?Making Style Inventory. The Inventory offers a proven, easily understandable way to assess decision-making style. The Inventory measures two dimensions of decision-making: Two structural styles?Systematic and Spontaneous, and two processing styles?Internal and External. The 20-item Inventory determines which of four styles is an individual?s preferred style. It is a powerful tool that can be used in numerous developmental situations such as formal leadership training, coaching, and even performance appraisals. Use the Decision-Making Inventory Participant?s Workbook in conjunction with the Inventory to determine your decision-making style.

Download or read book Career Decision Making written by W. Bruce Walsh and published by Routledge. This book was released on 2014-01-09 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keeping up with new developments in vocational psychology is important to both psychological practitioners and researchers. This volume is devoted to presenting and evaluating important advances in the field of career decision making, development, and maturity. More specifically, it identifies, reports, and evaluates significant contemporary developments in vocational psychology and provides both professional workers and students with an informed understanding of the progress taking place in the field. The history and theory of the assessment of career development and decison making are explored as well as advances in career planning systems. An expanded context for the study and evaluation of career development variables is also described.

Download or read book Decision Making in Service Industries written by Javier Faulin and published by CRC Press. This book was released on 2012-08-08 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: In real-life scenarios, service management involves complex decision-making processes usually affected by random or stochastic variables. Under such uncertain conditions, the development and use of robust and flexible strategies, algorithms, and methods can provide the quantitative information necessary to make better business decisions. Decision Making in Service Industries: A Practical Approach explores the challenges that must be faced to provide intelligent strategies for efficient management and decision making that will increase your organization’s competitiveness and profitability. The book provides insight and understanding into practical and methodological issues related to decision-making processes under uncertainty in service industries. It examines current and future trends regarding how these decision-making processes can be efficiently performed for better design of service systems by using probabilistic algorithms as well as hybrid and simulation-based approaches. Traditionally, many quantitative tools have been developed to make decisions in production companies. This book explores how to use these tools for making decisions inside service industries. Thus, the authors tackle strategic, tactical, and operational problems in service companies with the help of suitable quantitative models such as heuristic and metaheuristic algorithms, simulation, or queuing theory. Generally speaking, decision making is a hard task in business fields. Making the issue more complex, most service companies’ problems are related to the uncertainty of the service demand. This book sheds light on these types of decision problems. It provides studies that demonstrate the suitability of quantitative methods to make the right decisions. Consequently, this book presents the business analytics needed to make strategic decisions in service industries.

Download or read book Decision Criteria and Optimal Inventory Processes written by Baoding Liu and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision Criteria and Optimal Inventory Processes provides a theoretical and practical introduction to decision criteria and inventory processes. Inventory theory is presented by focusing on the analysis and processes underlying decision criteria. Included are many state-of-the-art criterion models as background material. These models are extended to the authors' newly developed fuzzy criterion models which constitute a general framework for the study of stochastic inventory models with special focus on the real world inventory theoretic reservoir operations problems. The applications of fuzzy criterion dynamic programming models are illustrated by reservoir operations including the integrated network of reservoir operation and the open inventory network problems. An interesting feature of this book is the special attention it pays to the analysis of some theoretical and applied aspects of fuzzy criteria and dynamic fuzzy criterion models, thus opening up a new way of injecting the much-needed type of non-cost, intuitive, and easy-to-use methods into multi-stage inventory processes. This is accomplished by constructing and optimizing the fuzzy criterion models developed for inventory processes. Practitioners in operations research, management science, and engineering will find numerous new ideas and strategies for modeling real world multi- stage inventory problems, and researchers and applied mathematicians will find this work a stimulating and useful reference.

Download or read book New Perspectives on Enterprise Decision Making Applying Artificial Intelligence Techniques written by Julian Andres Zapata-Cortes and published by Springer Nature. This book was released on 2021-06-07 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents different techniques and methodologies that used to help improve the decision-making process and increase the likelihood of success in sector as follows: agriculture, financial services, logistics, energy services, health and others. This book collects and consolidates innovative and high-quality research contributions regarding the implementation techniques and methodologies applied in different industrial sectors. The scope is to disseminate current trends knowledge in the implementation of artificial intelligence techniques and methodologies in different fields as follows: supply chain, business intelligence, e-commerce, social media and others. The book contents are useful for Ph.D., Ph.D. students, master and undergraduate students, and professional and students in industrial engineering, computer science, information systems, data analytics and others.

Download or read book Army Inventory Need to Improve Process for Establishing Economic Retention Requirements written by United States. General Accounting Office and published by . This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Best Practice in Inventory Management written by Tony Wild and published by Routledge. This book was released on 2017-11-02 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: Best Practice in Inventory Management 3E offers a simple, entirely jargon-free and yet comprehensive introduction to key aspects of inventory management. Good management of inventory enables companies to improve their customer service, cash flow and profitability. This text outlines the basic techniques, how and where to apply them, and provides advice to ensure they work to provide the desired effect in practice. With an unrivalled balance between qualitative and quantitative aspects of inventory control, experienced consultant Tony Wild portrays the many ways in which stock management is more nuanced than simple "number crunching" and mathematical modelling. This long-awaited new edition has been substantially and thoroughly updated. The product of decades of experience and expertise in the field, Best Practice in Inventory Management 3E provides students and professionals, even those with no prior experience in the area, an unbiased and honest picture of what it takes to effectively manage stocks in a firm.

Download or read book Inventory Management and Production Planning and Scheduling written by Edward A. Silver and published by Wiley. This book was released on 1998-01-23 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Inventory and Production Management in Supply Chains written by Edward A. Silver and published by CRC Press. This book was released on 2016-12-19 with total page 810 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Inventory Management written by G.P. Kiesmüller and published by BoD – Books on Demand. This book was released on 2024-08-16 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains several topics of inventory management where the focus is on cycle and safety stocks in different situations. In order to make well-founded statements, mathematical models are used. The chosen models are simple and certainly cover only some aspects of real life. However, they are very valuable in understanding tradeoffs and identifying the essential factors affecting stock levels. Moreover, they can be used to support decision-making and optimize stock levels.

Download or read book Decision Systems for Inventory Management and Production Planning written by Edward A. Silver and published by . This book was released on 1985 with total page 722 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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

Download or read book Smart Inventory Solutions written by Phillip Slater and published by Industrial Press Inc.. This book was released on 2010 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: Engineers and reliability professionals are increasingly being held accountable for materials and spare parts inventory management and in response they need to gain a better understanding of materials and spare parts inventory management principles and practices. This practical book delivers just that. This new edition will help you get the right parts, in the right place, at the right time, for the right reason. Fully revised, it provides specific coverage of the issues faced in, and requirements for, managing engineering materials and spare parts and what to do to improve your results. It includes 29 exclusive examples and real life case studies to demonstrate the application of the concepts and ideas so that you will easy and quickly understand how to implement them. What's more it will show you: What to do to truly optimize your inventory holdings, Why inventory levels are almost always too high, How to identifying the factors that have greatest impact on your inventory levels, When to apply the 7 Actions for Inventory Reduction, Where to focus your efforts for greatest effect, and Who to involve in taking action. The concepts, ideas, tools, and processes in this book have helped many companies achieve and sustain results that other inventory tools and approaches just could not match. And it is sure to help you achieve true inventory optimization as well! Features The second edition includes... A new chapter on The Mechanics of Inventory Management, a pragmatic review of the management of inventory including... Introducing the Materials and Inventory Management Cycle, Comparing theoretical and actual inventory outcomes, Discussion on normal and Poisson distribution models, How to determine the re order point, How to determine the re order quantity, and Commentary on Monte Carlo simulation. An expanded chapter on the financial impact of inventory, including a discussion of the key reports that need to be understood. Chapters on the influence of policies, procedures, and people. Additional discussion on issues faced and how to address them. An expansion of the central process discussed in the first edition to a more comprehensive review process...Inventory Process(TM) Optimization. An expanded section on executing an inventory review program. A closing 'where to from here' chapter. 57 figures and diagrams - 30 of them new and the others all revised and updated and six new tables (with 8 in total). Eight new checklists - specifically included as a new tool for the reader and is the result of direct reader requests. An expanded glossary.

Download or read book Decision Making for Biomass Based Production Chains written by Sebnem Yilmaz Balaman and published by Academic Press. This book was released on 2018-10-02 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision-Making for Biomass-Based Production Chains: The Basic Concepts and Medothologies presents a comprehensive study of key-issues surrounding the integration of strategic, tactical and operational decision levels for supply chains in the biomass, biofuels and biorefining sectors. Comprehensive sections cover biomass resources, harvesting, collection, storage and distribution systems, along with the necessary technical and technological background of production systems. In addition, the basics of decision-making, problems and decision levels encountered in design, management and operation phases are covered. Case studies are supplied in each chapter, along with a discussion and comparative analysis of topics. The book presents a clear vision of advances in the field. Graduate students and those starting in this line of research will also find the necessary information on how to model this kind of complex system. Finally, this comprehensive resource can be used as a guide for non-expert industry decision-makers and government policymakers who need a thorough overview on the industry. - Examines analytic methodologies for complex decision-making when designing, deploying and managing biomass and bio-based products supply chains - Includes real-life examples of main sustainability indicators, standards and certification schemes from the European Union, United States and worldwide - Explores the progress of decision-making procedures to provide a detailed perspective for effective selection of the most reliable solutions for each kind of problem - Provides detailed, in-depth analyses of various models and frameworks for their implementation, challenges and solutions - Presents multi-criteria and multi-objective decision-making and modeling approaches, including mathematical modeling, simulation-based modeling, and artificial intelligence-based modeling

Download or read book Markovian Demand Inventory Models written by Dirk Beyer and published by Springer Science & Business Media. This book was released on 2009-10-03 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides a superbly researched insight into Markovian demand inventory models. The result of ten years of research, this work covers all aspects of demand inventory where they are modeled by Markov processes. Inventory management is concerned with matching supply with demand and is a central problem in Operations Management. The central problem is to find the amount to be produced or purchased in order to maximize the total expected profit, or minimize the total expected cost.

Download or read book Navy Management Review written by and published by . This book was released on 1961 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inventory Management written by John W. Toomey and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.