An effective inventory management system starts with analysis and design. The more thorough the analysis and the more care you take in developing the design, the fewer problems you'll have running and ...

The purpose of an inventory control system is twofold. The primary function is to ensure that a small business meets customer needs -- that products are available when customers want them. But proper ...

In this paper, we consider a multiproduct two-echelon production-inventory-distribution system design model that captures risk-pooling effects by consolidating the safety-stock inventory of the ...