Academic literature on the topic 'Inventory management model with a fixed amount of the order'

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Journal articles on the topic "Inventory management model with a fixed amount of the order"

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Guo, Xingru, Aijun Liu, Xia Li, and Taoning Liu. "A two-stage stochastic model for daily reserve in inventory management of Rh-negative red blood cells." Journal of Intelligent & Fuzzy Systems 39, no. 5 (2020): 6919–33. http://dx.doi.org/10.3233/jifs-192182.

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Rh-negative rare blood inventory protection plays an important role in emergency blood protection. Normally, hospitals typically hold a fixed amount of daily reserve in response to emergency needs, but the measure can increase the unnecessary cost of repeated freezing and thawing. In order to save manpower, protect blood resources and reduce costs, a two-stage stochastic model is proposed to determine the optimal daily reserve of Rh-negative red blood cells, taking into account the uncertainty of demand. First, the model focuses on minimizing operational cost, shortage cost and damage caused b
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Zamlynskyi, Viktor, Olena Voloshyna, and Sergii Stepanenko. "Accounting policy and economic security in the enterprise management system." Ukrainian Journal of Applied Economics and Technology 9, no. 1 (2024): 56–61. http://dx.doi.org/10.36887/2415-8453-2024-1-9.

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The article aims to determine the role of accounting policy in the effective management of economic activity in the modern dangerous conditions of the life of the enterprise. The accounting system must be formed on a balanced and modernized accounting policy, The scientific value of the obtained research consists in the addition of methodological principles, a renewed set of rules and procedures that take into account the risks of the war and post-war state, regulate the modern order of observation, fixation of processing and generalization of the movement of fixed and circulating assets, prod
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O, Enagbonma, and Odidi B. E. "A Mathematical Model for Deciding Optimal Ordering Policy for Fixed Lifetime Inventories with Expected Insurance Costs." Asian Research Journal of Mathematics 21, no. 2 (2025): 89–104. https://doi.org/10.9734/arjom/2025/v21i2895.

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Managing inventory-related risks is crucial for companies dealing with fixed lifetime inventories. Previous researches have focused on the study of inventory management and risk management. However, there are no adequate study in the literature that combines these two critical aspects in the mamagement of fixed liftetime inventories. We developed a stochastic optimization problem and minimized the expected total costs. The aim of the study is to examine decisions as regards when to place order or not for the probabilistic fixed lifetime inventory model with expected insurance costs. We compute
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Peng, Guo Jian, Guo Min Chen, Gang Chen, and Ze Hua Liu. "An Optimization Discusses of College Teaching Material Inventory Based on Supply Chain Management." Applied Mechanics and Materials 268-270 (December 2012): 2066–70. http://dx.doi.org/10.4028/www.scientific.net/amm.268-270.2066.

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This article investigate the structural form and process of college textbook supply chain in detail, and find out the matters of college textbook inventory under the Supply Chain Management on the base of Supply Chain Management, inventory control, inventory optimization and Economic batch theory. According to that problem, this article put forward a college teaching material inventory optimization model based on Fixed Order Quantity and fixed kickback rate, which is compared with the supply of university teaching characteristics and economic batch basic model, and to optimize inventory strate
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Sutoni, Akhmad, and Dani Hamdan Taufik. "Inventory Planning with Method Q and Method P for Probabilistic Demand on Chrysanthemum Seeds at PT Transplants Indonesia." International Journal of Innovation in Enterprise System 3, no. 01 (2019): 57. http://dx.doi.org/10.25124/ijies.v2i02.80.

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Fluctuating and uncertain demand is a problem faced by manufacturing firms. The problem can be mitigated by the availability of inventory systems. This inventory serves to ensure the availability of appropriate resources in the right quantity and at the right time, so as to minimize the costs incurred. PT. Transplants Indonesia is a company engaged in the business of chrysanthemum flower in Indonesia. PT. Transplants Indonesia is a subsidiary of Okinawa Flower Agricultural Cooperative Association (OKF) in Okinawa, Japan. The purpose of this company establishment is to meet the demand of farmer
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Sutoni, Akhmad, and Dani Hamdan Taufik. "Inventory Planning with Method Q and Method P for Probabilistic Demand on Chrysanthemum Seeds at PT Transplants Indonesia." International Journal of Innovation in Enterprise System 3, no. 01 (2019): 38–46. http://dx.doi.org/10.25124/ijies.v3i01.32.

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Fluctuating and uncertain demand is a problem faced by manufacturing firms. The problem can be mitigated by the availability of inventory systems. This inventory serves to ensure the availability of appropriate resources in the right quantity and at the right time, so as to minimize the costs incurred. PT. Transplants Indonesia is a company engaged in the business of chrysanthemum flower in Indonesia. PT. Transplants Indonesia is a subsidiary of Okinawa Flower Agricultural Cooperative Association (OKF) in Okinawa, Japan. The purpose of this company establishment is to meet the demand of farmer
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Wang, Yun Rui. "Enterprise Inventory Management and Simulation." Advanced Materials Research 933 (May 2014): 874–78. http://dx.doi.org/10.4028/www.scientific.net/amr.933.874.

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Inventory is an important link in supply chain, according to characteristics and objectives of inventory control, the reasonable safety inventory, order point, the highest inventory and inventory strategy were determined based on historical sales data. Using Witness simulation software, the optimal strategy was selected from nine inventory strategies by running simulation model for one year. If goods shortage was allowing, the seventh schemes (72000,158100) was better ,the minimum total cost was 888158 yuan ; considering allowing a small amount of shortage, the cost of eighth schemes ( 82000,1
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Mustafid, Dwi Ispriyanti, Sugito, and Diah Safitri. "Inventory control systems for stochastic lead time demand." E3S Web of Conferences 73 (2018): 13021. http://dx.doi.org/10.1051/e3sconf/20187313021.

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Product inventory control can be used to provide information related to processes of production and distribution products based on lead time and product demand from consumers. The research aims to design product inventory control systems for stochastic lead time demand, and using exponential smoothing to make lead time demand prediction. The design of the control system uses the probability method based on the estimated number of product demand from the market or consumer. This research provides theoretical framework for control systems of products that can determine the size of inventory para
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Fadiyah, Nasa, and Said Salim Dahda. "Determining Order Size on Joint Inventory of Single Buyer and Seller With Fuzzy Demand." G-Tech: Jurnal Teknologi Terapan 9, no. 1 (2025): 453–62. https://doi.org/10.70609/gtech.v9i1.6232.

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Every company generally has problems about the company's inventory control system. The ability to meet demand with the right amount, time and location. Common models such as EOQ / EPQ are often used in inventory planning and control. The assumption of using this model requires cost and demand data that must be known and fixed. So that in solving inventory system problems sometimes there is a lack of information about similar data. So the development is needed to adjust to the conditions and industrial environment. One is an integration model between suppliers and buyers that results in lot siz
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Kwak, Jin-Kyung. "An Order-Up-to Inventory Model with Sustainability Consideration." Sustainability 13, no. 23 (2021): 13305. http://dx.doi.org/10.3390/su132313305.

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Along with growing interest in environmental concerns these days, significant academic efforts have been exerted to incorporate sustainability issues into the existing inventory models except for fixed-review interval (i.e., order-up-to models). In this study, we develop an order-up-to model considering environment-related costs and investigate the value of this new policy over the naïve one. Results of an extensive simulation study reveal that sustainability consideration reduces the total costs and that its value is higher when the mean demand is higher, when demand is more variable, when th
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Dissertations / Theses on the topic "Inventory management model with a fixed amount of the order"

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Севастьянова, А. Ю. "Формування операційної стратегії на засадах BSC". Thesis, 2018. http://dspace.oneu.edu.ua/jspui/handle/123456789/9252.

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У роботі розглядаються основні теоретичні аспекти формування операційної стратегії діяльності підприємства, зокрема її визначення у різних наукових джерелах та підходи до її формування.<br>The paper considers the main theoretical aspects of the formation of the enterprise's operating strategy, in particular its definition in various scientific sources and approaches to its formation.
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Чебан, М. О. "Формування маркетингової стратегії торговельного підприємства". Thesis, 2018. http://dspace.oneu.edu.ua/jspui/handle/123456789/9226.

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У роботі розглядаються теоретичні аспекти формування маркетингової діяльності підприємства, зокрема її визначення у різних наукових джерелах та зміст на різних стадіях життєвого циклу галузі.<br>The theoretical aspects of formation of the marketing activity of the enterprise, in particular its definition in various scientific sources and content at different stages of the life cycle of the industry are considered in the paper.
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Бондаренко, Ю. Ю. "Реалізація конкурентної стратегії торговельного підприємства на засадах BSC". Thesis, 2019. http://dspace.oneu.edu.ua/jspui/handle/123456789/10827.

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У роботі розглядаються теоретичні аспекти формування та реалізації конкурентної стратегії підприємства, зокрема її визначення у різних наукових джерелах та класифікація конкурентних переваг, що можуть бути в її основі. Проаналізовано стан ринку послуг роздрібної торгівлі товарами повсякденного попиту України. Запропоновано порядок формування конкурентної стратегії ТОВ «Руш» та заходи з її реалізації.<br>The theoretical aspects of the formation and implementation of the enterprise's competitive strategy are considered. In particular its definition in various scientific sources and the classifi
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Book chapters on the topic "Inventory management model with a fixed amount of the order"

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Kumar, Vijay, and Pravin Kumar. "Modeling of an Inventory System with Variable Demands and Lead Times using a Fuzzy Approach." In Advances in Logistics, Operations, and Management Science. IGI Global, 2016. http://dx.doi.org/10.4018/978-1-4666-9888-8.ch007.

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Inventory modeling has always been an innovative research topic for the researchers. It is concerned with minimization of the total inventory cost and maximization of the service level with minimum inventory. In the real world, the demand is always variable; and also the lead time of supply of an item cannot be always fixed due to some unavoidable circumstances. This chapter is focused on an inventory model with shortages where demand quantity and lead time are considered as variable and represented by triangular fuzzy numbers. An expression for optimum order size, reorder point, safety stock
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Qin, Yuming, and Hongjie Lan. "Research on the Optimization of Medical Consumables Inventory in the Supply Processing and Distribution Model Based on an Improved Particle Swarm Optimization Algorithm." In Advances in Transdisciplinary Engineering. IOS Press, 2025. https://doi.org/10.3233/atde250291.

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With advancements in computer technology, AI, and smart healthcare, data-driven supply chain optimization is crucial for medical resource management. The uncertainty in clinical demand for medical consumables poses challenges for hospitals and suppliers in balancing supply, cost, and inventory efficiency. This study integrates demand forecasting and inventory replenishment optimization using historical consumption data, time series analysis, and AI algorithms to enhance prediction accuracy. Addressing the limitations of traditional forecasting-focused approaches, an improved particle swarm opt
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PURWAR, VISHAL KUMAR, and Dr SHARON MOSES. "IMPROVING THE EFFECTIVENESS OF INVENTORY CONTROL: A MODEL FOR DETERIORATING GOODS WITH MULTIPLICATIVE PRICE AND STOCK-DEPENDENT DEMAND FEATURES." In Recent Advances in Applied Science & Technology towards Sustainable Environment. NOBLE SCIENCE PRESS, 2024. https://doi.org/10.52458/9788197112492.nsp.2024.eb.ch-29.

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For businesses that deal with perishable goods, efficient management of stock levels is key to minimizing losses and maximizing profits, making inventory management a crucial part of supply chain optimization. To tackle the challenges of managing products that are getting worse, this study suggests a new inventory model that incorporates stock-dependent demand, nonlinear holding costs, multiplicative pricing, and unique pricing techniques. According to this model, the demand for products is said to be affected by the amount of stock on hand and might decrease over time. In addition, because th
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Yazar, Mustafa Metin. "Railway Vehicles Manufacturing in Türkiye and the Role of TURASAS." In National Technology Initiative: Social Reflections and Türkiye's Future. Türkiye Bilimler Akademisi Yayınları, 2022. http://dx.doi.org/10.53478/tuba.978-625-8352-17-7.ch28.

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Railways is a transportation model that has been attracting increasing attention in recent years due to its environmental awareness, long-term fixed price guarantee unlike other modes of transportation, being the most suitable type of transportation for heavy tonnage and bulky loads in terms of physical and cost, being reliable, not being affected by bad weather conditions, etc. The global rail transport industry is growing, pushing the demand of the rolling stock industry to growth in recent years. An increasing momentum is expected to continue in the next few years, due to the increase in bo
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Conference papers on the topic "Inventory management model with a fixed amount of the order"

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Cantarella, Jacques, and Ingrid Verstraeten. "National Decommissioning Management System: Experience and Lessons Learned." In ASME 2003 9th International Conference on Radioactive Waste Management and Environmental Remediation. ASMEDC, 2003. http://dx.doi.org/10.1115/icem2003-4809.

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Since 1980, the National Agency ONDRAF/NIRAS has been responsible by law for the safe management of all radioactive waste produced in Belgium, including decommissioning waste. In 1991, its responsibility was extended by Royal Decree of 16.10.91 to the field of decommissioning, its main specific assignments being: • The collection and evaluation of data (physical and radiological inventories) from nuclear plants; • The approval of decommissioning programmes, including decommissioning cost evaluations and mechanisms of funding. Already in the early 90s, ONDRAF/NIRAS started with the implementati
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Allison, Hannah, Peter Sandborn, and Bo Eriksson. "On the Applicability of Analytical Supply Chain Disruption Models for Selecting the Optimum Contingency Strategies for Electronic Supply Chain Disruption Management: A Comparison With Simulation." In ASME 2014 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. American Society of Mechanical Engineers, 2014. http://dx.doi.org/10.1115/detc2014-34512.

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Due to the nature of the manufacturing and support activities associated with long life cycle products, the parts that products required need to be dependably and consistently available. However, the parts that comprise long lifetime products are susceptible to a variety of supply chain disruptions. In order to minimize the impact of these unavoidable disruptions to production, manufacturers can implement proactive mitigation strategies. Two mitigation strategies in particular have been proven to decrease the penalty costs associated with disruptions: second sourcing and buffering. Second sour
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Ojovan, Michael I., Natalia V. Ojóvan, Irene V. Startceva, Zoja I. Golubeva, and Alexander S. Barinov. "Modelling of the Waste Form Behaviour in a Wet Near-Surface Repository Site Over Extended Time Periods." In ASME 2001 8th International Conference on Radioactive Waste Management and Environmental Remediation. American Society of Mechanical Engineers, 2001. http://dx.doi.org/10.1115/icem2001-1291.

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Abstract A mathematical model was used to predict radionuclide release from bitumen and glass waste forms over extended time periods. To calculate some model parameters, we used experimental data derived from 12yr field tests with six borosilicate waste glass blocks (each ∼30 kg in weight) and a bitumen block (310 kg), containing real intermediate-level NPP operational waste (NaNO3, 86 wt.% of a dry salt content; 137Cs, 82% of the radioactive inventory). Specific radioactivities of the glass material containing 35 wt.% waste oxides were βtot(90Sr+90Y), 3.74×106 Bq/kg, and αtot(239Pu), 1.3×104B
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Nakamura, Kenta, Shota Suzuki, and Shigeru Tabeta. "A Study on the Operation Strategies for Bottom Otter Trawling in Ise Bay." In ASME 2017 36th International Conference on Ocean, Offshore and Arctic Engineering. American Society of Mechanical Engineers, 2017. http://dx.doi.org/10.1115/omae2017-61142.

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In order to simulate the bottom trawl fishery in Ise Bay, a typical semi-enclosed bay in Japan, a fishery simulator has been developed that consists of a fish behavioral model and a fishing operations model. The fish behavioral models are developed for two major target species, conger eel and mantis shrimp, which consider the fish migration as well as the growth and the population change. The fish behavioral models are combined with a fishing operation model, which predicts the behavior of trawling boats based on economic conditions and resource distribution as well as the fish catch amount by
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