# Optimal inventory level

Xem 1-14 trên 14 kết quả Optimal inventory level
• ### Convergence of estimated optimal inventory levels in models with probabilistic demands

The behavior of estimations of the optimal inventory level is analyzed. Two models are studied. The demands follow unknown probability distribution function. The included density functions are estimated and a plug-in rule is suggested for computing estimates of the optimal levels. Two search algorithms are proposed and compared using Monte Carlo experiments.

• ### Optimal production policy for multi-product with inventory-level-dependent demand in segmented market

Market segmentation has emerged as the primary means by which firms achieve optimal production policy. In this paper, we use market segmentation approach in multi-product inventory system with inventory-level-dependent demand. The objective is to make use of optimal control theory to solve the inventory-production problem and develop an optimal production policy that minimizes the total cost associated with inventory and production rate in segmented market.

• ### Lecture Fundamentals of corporate finance - Chapter 20: Credit and inventory management

After studying this chapter, you should understand: How firms manage their receivables and the basic components of a firm’s credit policies, how to analyze the decision by a firm to grant credit, the types of inventory and inventory management systems used by firms, how to determine the costs of carrying inventory and the optimal inventory level.

• ### Lecture Purchasing: Selection and procurement for the hospitality industry (8th edition): Chapter 9 - Feinstein, Stefanelli

Chapter 9 - The optimal amount. After completing this chapter, students will be able to: Calculate the correct order quantities and order times using the par stock, Levinson, and theoretical methods; determine the optimal inventory level; explain the benefits and problems of using only the theoretical method for determining inventory levels.

• ### Optimal replenishment policy for items with three-parameter weibull deterioration, stock-level dependent demand and partial backlogging

The inventory-level demand reflects a real market demand for product whose sales is enhanced by stock on display. We study a case base examples to gain some quantitative insight into the proposed model and we perform sensitivity analysis to draw some managerial implications.

• ### Production inventory policy under a discounted cash flow

This paper presents an extended production inventory model in which the production rate at any instant depends on the demand and the inventory level. The effects of the time value of money are incorporated into the model. The demand rate is a linear function of time for the scheduling period. The proposed model can assist managers in economically controlling production systems under the condition of considering a discounted cash flow.

• ### Lecture note Essentials of corporate finance – Chater 17: Working capital management

This chapter include objectives: Understand how firms manage cash and various collection, concentration and disbursement techniques; understand how to manage receivables and the basic components of credit policy; understand various inventory types, different inventory management systems and what determines the optimal inventory level.

• ### Inventory models with stock- and price-dependent demand for deteriorating items based on limited shelf space

This paper deals with the problem of determining the optimal selling price and order quantity simultaneously under EOQ model for deteriorating items. It is assumed that the demand rate depends not only on the on-display stock level but also the selling price per unit, as well as the amount of shelf/display space is limited. We formulate two types of mathematical models to manifest the extended EOQ models for maximizing profits and derive the algorithms to find the optimal solution.

• ### Multi-item fuzzy inventory problem with space constraint via geometric programming method

In this paper, a multi-item inventory model with space constraint is developed in both crisp and fuzzy environment. A profit maximization inventory model is proposed here to determine the optimal values of demands and order levels of a product. Selling price and unit price are assumed to be demand-dependent and holding and set-up costs sock dependent. Total profit and warehouse space are considered to be vague and imprecise. The impreciseness in the above objective and constraint goals has been expressed by fuzzy linear membership functions.

• ### A production inventory model with deteriorating items and shortages

A continuous production control inventory model for deteriorating items with shortages is developed. A number of structural properties of the inventory system are studied analytically. The formulae for the optimal average system cost, stock level, backlog level and production cycle time are derived when the deterioration rate is very small. Numerical examples are taken to illustrate the procedure of finding the optimal total inventory cost, stock level, backlog level and production cycle time.

• ### Lecture Essentials of corporate finance (2/e) – Chapter 17: Working capital management

This chapter include objectives: Understand how firms manage cash and various collection, concentration and disbursement techniques; understand how to manage receivables and the basic components of credit policy; understand various inventory types, different inventory management systems and what determines the optimal inventory level.

• ### supply chain management (6th edition): part 2

(bq) part 2 book "supply chain management" has contents: managing economies of scale in a supply chain - cycle inventory; managing uncertainty in a supply chain - safety inventory; determining the optimal level of product availability; transportation in a supply chain; sourcing decisions in a supply chain,...and other contents.

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• ### supply chain management (6/e): part 2

part 2 book “supply chain manageme” has contents: coordination in a supply chain, managing economies of scale in a supply chain - cycle inventory, managing uncertainty in a supply chain - safety inventory, determining the optimal level of product availability,… and other contents.