Proper inventory management is vital to achieving sustainability within a supply chain and also related company’s cash flow through the funds represented by inventory. Therefore, it necessary balance excess insufficient However, this can be difficult achieve in presence of stochastic demand because decisions must made an uncertain environment policy bears risks associated with each decision. Th...

in this study, a hybrid intelligent model has been designed to predict groundwater inflow to a mine pit during its advance. novel hybrid method coupling artificial neural network (ann) with genetic algorithm (ga) called ann-ga, was utilised. ratios of pit depth to aquifer thickness, pit bottom radius to its top radius, inverse of pit advance time and the hydraulic head (hh) in the observation w...

For many manufacturing companies, after-sales service is an increasingly important part of the business and is more complex than manufacturing products. Unlike products it is not possible to produce services in advance and inventory these for future consumption. Instead an unpredictable event such as a machine failure triggers a need for manufacturing of parts for replacement and allocation of ...

This study develops an improved inventory model to help the enterprises to advance their profit increasing and cost reduction in a single vendor single-buyer environment with general demand curve, adjustable production rate, and imperfect reworking process under permissible delay in payments. For advancing practical use in a real world, we are concerned with the following strategy determining, ...

General comment The paper of Gea-Izquierdo et al. is an interesting exercise of calibrating a process-based model to forecast uptake and allocation of carbon by using a combination of eddy covariance CO2 flux data, dendrochronological time series of secondary growth and forest inventory data as raw data. I recognize process-based models are very complex, and of difficult implementation because ...

inventory control is one of the most important issues in supply chain management. in this paper, a three-echelon production, distribution, inventory system composed of one producer, a set of wholesalers and retailers is considered. costumers' demands can be approximated by a normal distribution and the inventory policy is a kind of continuous review (r, q). in this paper, a model based on ...

T o avoid inventory risks, manufacturers often place rush orders with suppliers only after they receive firm orders from their customers (retailers). Rush orders are costly to both parties because the supplier incurs higher production costs. We consider a situation where the supplier’s production cost is reduced if the manufacturer can place some of its order in advance. In addition to the rush...