Organizations are looking for solutions to manage and maximize the performance of their workforce. They recognize that there has been a shift in the business environment from a tangible asset economy to an intangible asset economy. The value of a company is comprised of employee knowledge, brand, and intellectual capital rather than inventories, goods, and machinery. As a result of this, organi...

Productive operation of a large computer network serving multiple user facilities in conjunction with several host sites requires the use of network management. As treated here, network management includes an array of such methods as communication systems management, problem management, change management, and inventory management. In this paper the use of some of the management techniques is de...

Purpose – This paper seeks to construct a model for inventory management for multiple periods. The model considers not only the usual parameters, but also price quantity discount, storage and batch size constraints. Design/methodology/approach – Mixed 0-1 integer programming is applied to solve the multi-period inventory problem and to determine an appropriate inventory level for each period. T...

Investment in inventory absorbs a large portion of the working capital of a company and often it represents a large portion of the total assets of a business. By improving return on investment by increasing the rate of inventory turnover, management often wants to ensure economic efficiency. Effective inventory management enables a firm to provide lower costs, rapid response and flexibility for...

Inventory represents a significant investment of capital for most companies. Inventory ties up money that could be used more productively elsewhere. Thus, effective inventory management offers the potential for significant cost savings. Furthermore, quality, product engineering, prices, overtime, excess capacity, ability to respond to customers (due-date performance), lead times, and overall pr...

Overstock is a problem that often occurs in inventory management, the factor are number of sales and expired date. CV.A distributor company for goods. In case control at CV.A, this study compared two kind forecasting system; Weighted Moving Average (WMA) Exponential Smoothing (ES) methods. Research results showed forecast SNACK X using WMA method July 2021 1662, while ES 1697. After performed f...