Large companies use a variety of inventory control theories and mathematical formulas to help them optimize the production and storage of many thousands of units of products and to help them minimize ...

Multiple inventory control methods exist including aggregate control, item level control, ABC analysis, economic-order-quantity and lot-size methods. Small companies that find it difficult to ...

We study the classical multiperiod capacitated stochastic inventory control problems in a data-driven setting. Instead of assuming full knowledge of the demand distributions, we assume that the demand ...

As inventory demands fluctuate, healthcare facility leaders may wonder if low or Logical Unit of Measure (LUM) distribution models are the best choice to meet their facility’s evolving needs. However, ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Michael Boyle is an experienced ...

This is a preview. Log in through your library . Abstract Inventory control models have received a great deal of attention in recent years. But the fruited application of inventory models is limited ...