This study uses survey data on several hundred automotive suppliers in North America to evaluate the determinants of inventory levels in high-volume discrete parts manufacturing. We assess the magnitude of raw materials, work-in-process, and finished goods inventories, as well as production lot sizes and through-put times. Results are broadly consistent with the EOQ formula and related models o...

In December 2015, at the request of the Washington State Division of Behavioral Health and Recovery (DBHR), the University of Washington Alcohol & Drug Abuse Institute (ADAI) put forth an inventory of evidence-based programs and practices (EBPs) for treating substance use in adolescents and (12-17 years old) and young adults (18-20 years old). The analysis focused exclusively on substance use-r...

the main factors affecting environmental sensitivity to degradation are soil, vegetation, climate and management, through either their intrinsic characteristics or by their interaction on the landscape. different levels of degradation risks may be observed in response to particular combinations of the aforementioned factors. for instance, the combination of inappropriate management practices an...

The principles and strategies found in material management are comparable and analogue with the data management. This paper concentrates on the conversion of product inventory management principles into data inventory management principles. Efforts were made to enumerate various impacting parameters that would be appropriate to consider if any data inventory model could be plotted. The inventor...

Inventory management is considered to be a very important area in Supply chain management. Efficient and effective management of inventory throughout the supply chain significantly improves the ultimate service provided to the customer. Hence, to ensure minimal cost for the supply chain, the determination of the inventory to be held at various levels in a supply chain is unavoidable. Minimizing...

This study took into consideration the relationship between effective system of inventory management and organization performance in the seven-up bottling company, Nile Mile Enugu. The researchers were motivated to embark on this study, in order to bring to fore the importance of effective inventory control system on organizational performance as it relates to the bottling company. A total of e...

this paper presents a new formulation for warehouse inventory management in a stochastic situation. the primary source of this formulation is derived from fp model, which has been proposed by fletcher and ponnambalam for reservoir management. the new proposed mathematical model is based on the first and the second moments of storage as a stochastic variable. using this model, the expected value...

When an enterprise has thousands of varieties in its inventory, the use of a single management method could not be a feasible approach. A better way to manage this problem would be to categorise inventory items into several clusters according to inventory decisions and to use different management methods for managing different clusters. The present study applies DPSO (dynamic particle swarm opt...