Results 51 to 60 of about 745 (181)
Traditional Economic Order Quantity (EOQ) models, developed by Ford Harris in 1913, assume isolated decisions and stable conditions that no longer exist in modern business ecosystems. This manuscript examines why EOQ formulas become insufficient in aerospace and EV charging industries, where interdependencies create cascade failures with significant ...
Deepak R. Chandran +4 more
openaire +1 more source
With transportation and inventory in logistics being major sources of carbon emissions driving global warming, enterprises face pressing needs to curb their carbon footprint through integrated inventory‐transportation optimization and voluntary emission reduction (VER) efforts. This study addresses the core issue of strategic‐level integrated inventory‐
Caihong Liu +4 more
wiley +1 more source
Fuzzy Inventory Model for Noninstantaneous Deteriorating Items With Delay Differentiation Process
In this article, we have devised an inventory model tailored for noninstantaneous deteriorating items, with an emphasis on partially backlogged shortages. In addition, the deterioration rate is considered to be inversely proportional to the length of the waiting time. Inventory costs cannot always be considered static or dynamic. In certain situations,
M. Prabha +3 more
wiley +1 more source
HIGH ECCENTRICITY EOQ TOTAL COST FUNCTION YIELDS JIT RESULTs
No estoque de bens perecíveis, o custo de armazenamento H é muito maior do que o previsto na fórmula clássica do lote econômico do pedido (EOQ). Para bens perecíveis, a função custo total no EOQ é um pico e não uma reta horizontal.
Willian Roach
doaj
Persediaan Bahan Baku Kopi Luwak Liar Pada Bun Prink Coffee
Agroindustri Bun Prink Coffee merupakan produsen kopi luwak di Kabupaten Jember yang bahan bakunya bersumber dari luwak liar dan proses produksinya menggunakan cara tradisional.
Russy Indiarestu
doaj +1 more source
Improvements to Disassembly Lot Sizing With Task Control Through Reinforcement Learning
ABSTRACT This research presents a novel methodology to control disassembly tasks for cost‐efficient component recovery from end‐of‐life products, fostering remanufacturing. Inventory management is an integral part of systems that assemble or disassemble products.
Sachini Weerasekara +3 more
wiley +1 more source
PT XYZ is a company that produces various types of laundry machine with variety of capacity. It is important for a company to maintain the quality of production.
Aditya Bagus Wicaksana +3 more
doaj +1 more source
A Revision on Cost Elements of the EOQ Model
The overall objective of this paper is to investigate the fundamental cost elements of the traditional EOQ model and develop the model by expiring some of its unrealistic assumptions. Over the last few decades, there have been numerous studies developing
Asadabadi Mehdi Rajabi
doaj +1 more source
The Robustness Of The Basic EOQ
The robustness of the basic Economic Ordering Quantity (EOQ) is studied for annual demand, set-up cost, and holding cost from various uniform and normal probability distributions. Instead of comparing TC*( ) and TC*(Q*) where is an estimate of Q*, the ( ) and TC*(Q*) are compared where ( ) is the total cost from realizations of annual demand, set-up ...
openaire +2 more sources
Teaching data‐driven decision making for inventory analysis with Monte Carlo simulation
Abstract Inventory management and the ability to make data‐driven decisions under uncertainty are two critical components of supply chain management. This brief describes how an Excel‐based Monte Carlo simulation of fuel and lottery purchases can be used to teach students to analyze a system with randomness.
Alan Pritchard +2 more
wiley +1 more source

