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Dissertations / Theses on the topic 'Inventory management'

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1

Mehmeti, Ardit. "Stochastic Inventory Management." Thesis, Linnéuniversitetet, Institutionen för matematik (MA), 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:lnu:diva-101526.

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This bachelor thesis is about a stochastic inventory theory and how changes in different parameters affect the cost system. The inventory is based on a stochastic version of an economic quantity order (EOQ) model with planned shortages. For the deterministic EOQ-model with planned shortages there is a convenient formula for optimal order quantity $Q$ minimizing the cost per time unit. For the stochastic version an ($R$,$Q$)-policy is applied where $R$ is a reorder point such that if the inventory level is below $R$ and order is sent and the ordered products arrive after a lead time $L$. Since
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2

Anderson, James Robert 1972. "Automation of inventory management." Thesis, Massachusetts Institute of Technology, 2002. http://hdl.handle.net/1721.1/34723.

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Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Electrical Engineering and Computer Science; in conjunction with the Leaders for Manufacturing Program at MIT, 2002.<br>Includes bibliographical references.<br>Qualcomm Wireless Business Solutions (QWBS) provides communication equipment and services used to track trucking fleets and other capital assets via satellite. Order fulfillment and inventory management practices in QWBS were non-uniform and manually intensive. Buyers used their own intuition and
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Relph, Geoffrey James Frederick. "Inventory Management in Business Systems." Thesis, University of Manchester, 2006. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.516874.

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4

MacDonald, Steven D. "Navy inventory management decision-making." Monterey, California. Naval Postgraduate School, 1997. http://hdl.handle.net/10945/8724.

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The General Accounting Office (GAO) has stated that the Department of Defense (DoD) believes it is better to overbuy inventory items than to manage with just the right amount of stock. This thesis asserts that Navy inventory managers do not have a general tendency to overbuy items, but rather make rational purchasing decisions influenced and motivated by the environment of rewards and penalties in which they work. It is also asserted that Navy inventory managers are risk adverse due to the nature of their environment. Personal stockout costs are examined as one of the key factors influencing d
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Sriram, Ranganath. "Inventory management for drug discovery." Thesis, Massachusetts Institute of Technology, 2008. http://hdl.handle.net/1721.1/43863.

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Thesis (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division; and, (M.B.A.) -- Massachusetts Institute of Technology, Sloan School of Management; in conjunction with the Leaders for Manufacturing Program at MIT, 2008.<br>Includes bibliographical references (p. 67-69).<br>This thesis documents a study carried out at the Novartis Institutes for BioMedical Research (NIBR) in Cambridge, MA. The study focused on the development of inventory management processes for laboratory consumables. The pharmaceutical R&D process is characterized by a dynamic project portfolio, which res
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Kim, Chiwon 1978. "Dynamic inventory management with expediting." Thesis, Massachusetts Institute of Technology, 2008. http://hdl.handle.net/1721.1/44803.

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Thesis (Ph. D.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2008.<br>Includes bibliographical references (leaves 108-110).<br>In modern global supply chains, goods travel stochastically from suppliers to their final destinations through several intermediate installations such as ports and distribution facilities. In such an environment, the supply chain must be agile to respond quickly to demand spikes. One way to achieve this objective is by expediting outstanding orders from the intermediate installations through premium delivery. In this research, we study the o
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7

Han, Dafei. "Material planning and inventory management." Thesis, Massachusetts Institute of Technology, 2008. http://hdl.handle.net/1721.1/46157.

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Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2008.<br>Includes bibliographical references (leaf 43).<br>The management of raw material at Blue Brick in Singapore is costly as the company is forced to pay for external storage when the ports' time allowance runs out. A new ordering policy of (Q, R) continuous review model with forecast demand is developed to reduce inventory in the external warehouse. The policy parameters of four most commonly used paperboards are determined and simulations based on historical demand data are run to evaluate the poli
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8

ZHANG, JIANG. "THREE ESSAYS ON INVENTORY MANAGEMENT." Case Western Reserve University School of Graduate Studies / OhioLINK, 2004. http://rave.ohiolink.edu/etdc/view?acc_num=case1087418721.

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9

Summerfield, Nichalin Suakkaphong. "Games of Decentralized Inventory Management." Diss., The University of Arizona, 2010. http://hdl.handle.net/10150/194894.

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Any decentralized retail or wholesale system of competing entities requires a benefit sharing arrangement when competing entities collaborate after their demands are realized. For instance, consider a distribution system similar to the observed behavior of independent car dealerships. If a dealership does not have in stock the car requested by a customer, it might consider acquiring it from a competing dealer. Such behavior raises questions about competitive procurement strategies that achieve system optimal outcomes. This dissertation consists of three main bodies of work contained respective
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10

Herr, Lea. "Home management system application development for inventory management /." [Denver, Colo.] : Regis University, 2006. http://165.236.235.140/lib/lherr2007.pdf.

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11

Diaz, Francis S., Leonel O. Brito, and Nick Cardenas. "Implementing the National Inventory Management Strategy: a case study on DLA's National Inventory Management Strategy (NIMS)." Monterey California. Naval Postgraduate School, 2006. http://hdl.handle.net/10945/10066.

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MBA Professional Report<br>Since 1990, the Government Accountability Office (GAO) audits have assessed supply chain management as a high-risk area within the Department of Defense (DoD). In response to these findings, the Defense Logistics Agency (DLA) developed the National Inventory Management Strategy (NIMS) initiative. This initiative combines the consumable repair inventories of DLA (wholesale level) and each armed service (retail level) into a single national inventory. The United States Navy and DLA established test sites at Naval Air Station Ingleside, Naval Air Station Whidbey Island
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Karlsson, Lovisa, and Carolina Cardona. "Inventory Management from an aftermarket perspective." Thesis, Mälardalens högskola, Akademin för innovation, design och teknik, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:mdh:diva-21097.

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13

謝永然 and Wing-yin Tse. "Time series analysis in inventory management." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 1993. http://hub.hku.hk/bib/B31977510.

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14

ESCADA, PEDRO LUIS SOBRAL. "INVENTORY MANAGEMENT INDICATORS IN STOCK PETROBRAS." PONTIFÍCIA UNIVERSIDADE CATÓLICA DO RIO DE JANEIRO, 2012. http://www.maxwell.vrac.puc-rio.br/Busca_etds.php?strSecao=resultado&nrSeq=37137@1.

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Este estudo tem como foco evidenciar que há meios para melhorar a competitividade da Petrobras utilizando-se de processos potencializados pelas novas tecnologias associadas aos conceitos de controle preexistentes como os indicadores de desempenho e a difusão destes dados por toda Companhia. Com uma gestão planejada, focada na otimização de recursos e apoiada em dados mostra-se a possibilidade de apoiar as decisões na gestão da cadeia de suprimentos (Supply Chain Management) que passa a ter um papel determinante na integração de processos, desde os fornecedores iniciais até os consumidores fina
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Máková, Barbora. "Hedge Ratio Estimation in Inventory Management." Master's thesis, Vysoká škola ekonomická v Praze, 2013. http://www.nusl.cz/ntk/nusl-198395.

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Companies dependent on commodities for their production have to deal with volatile commodity prices and should employ measures for risk reduction as unfavourable spot price development may cause significant losses. A useful tool for diminishing the risk is hedging on futures market; however, this approach faces a crucial question of optimal hedge ratio determination (ratio between spot and futures units). Our thesis examines nine different ways of optimal hedge ratio estimation (naive, Sharpe, mean extended Gini coefficient, generalized semivariance, value at risk, and minimum variance through
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Gunes, Hurdogan. "Inventory Management Through Vendor Managed Inventory In A Supply Chain With Stochastic Demand." Master's thesis, METU, 2010. http://etd.lib.metu.edu.tr/upload/12612622/index.pdf.

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Vendor Managed Inventory (VMI) is a business practice in which vendors monitor their customers&rsquo<br>inventories, and decide when and how much inventory should be replenished. VMI has attracted a lot of attention due to its benefits. In this study, we analyze the benefits of VMI in a supply chain consisting of a single retailer and a single capacitated supplier under stochastic demand. We propose a VMI setting and compare the vendor managed system with the traditional system to quantify the benefits of VMI. In our proposed VMI system, the retailer shares the inventory level information with
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Hilding, Gustaf, and Kristoffer Ryytty. "Consumption-driven Inventory Control : A study of inventory management applied to machining tools." Thesis, KTH, Industriell produktion, 2015. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-174148.

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Within manufacturing industries, capital is tied up in machines, tools and inventory of unprocessed raw materials as well as finished goods and everything in between, also known as work in progress. Naturally, firms strive to minimize the capital employed in these items and thus facilitate a leaner operation. At the same time, it is important to maintain a stable and uninterrupted production. A prerequisite for maintaining a stable production is that the inputs of the production processes are available at all times. Machining tools need to always be available and easily accessible in order to
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18

Zhang, Yi. "Inventory and pricing management in probabilistic selling." Doctoral thesis, Universitat Politècnica de Catalunya, 2019. http://hdl.handle.net/10803/665359.

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Context: Probabilistic selling is the strategy that the seller creates an additional probabilistic product using existing products. The exact information is unknown to customers until they receive the probabilistic products. This strategy is still a relatively new area for both researchers and practitioners. Many of the corresponding operations problems need to be solved to take full advantage of the opportunity of this innovative marketing strategy. However, limited attention has been paid to examining the inventory management of probabilistic selling from the perspective of Operations Manag
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Miller, Joshua B. (Joshua Brandon) 1973. "Development of replenishment and inventory management practices." Thesis, Massachusetts Institute of Technology, 2001. http://hdl.handle.net/1721.1/84520.

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Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering; in conjunction with the Leaders for Manufacturing Program at MIT, 2001.<br>Includes bibliographical references (p. 47).<br>by Joshua B. Miller.<br>S.M.<br>M.B.A.
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Van, Wyk Estelle. "Modelling of inventory management in humanitarian logistics." Diss., University of Pretoria, 2012. http://hdl.handle.net/2263/25310.

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Natural and man-made disasters are becoming more frequent in many countries throughout the world. Countries with inadequate infrastructure and poorly planned emergency logistics are subject to such events which may lead to the destruction of a community and/or may prevent e cient and successful recovery. Despite the progress that disaster planning, mitigation and new management systems have made, the need for disaster relief continues everlasting. Extensive research is on-going to improve the various phases in the disaster operations life cycle. However, the impact of disaster will not diminis
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21

FENG, KELI. "THREE ESSAYS ON PRODUCTION AND INVENTORY MANAGEMENT." University of Cincinnati / OhioLINK, 2005. http://rave.ohiolink.edu/etdc/view?acc_num=ucin1122442476.

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22

Xiong, Hongxia. "Coordination and inventory management in supply chains /." May be available electronically:, 2007. http://proquest.umi.com/login?COPT=REJTPTU1MTUmSU5UPTAmVkVSPTI=&clientId=12498.

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23

Valeva, Silviya Dimitrova. "Workforce and inventory management under uncertain demand." Diss., University of Iowa, 2017. https://ir.uiowa.edu/etd/5667.

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This thesis studies the problem of production and inventory planning for an organization facing uncertainty in demand. Specifically, we examine the problem of assigning workers to tasks, seeking to maximize profits, while taking in consideration learning through experience and stochasticity in demand. As quantitative descriptions of human learning are nonlinear, we employ a reformulation technique that uses binary and continuous variables and linear constraints. Similarly, as demand is not assumed to be known with certainty, we embed this mixed integer representation of how experience translat
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24

SRIVASTAVA, SWATI. "INVENTORY MANAGEMENT AND CONTROL AT HERSHEY COMPANY." Thesis, Delhi Technological University, 2021. http://dspace.dtu.ac.in:8080/jspui/handle/repository/18330.

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The objective of the project is to understand the importance of Inventoy control and management within an organization. Productive stock organization ought to achieve the development of the owners' wealth. Therefore, a firm should neither hold over the top inventories nor hold lacking inventories, i.e., it should hold the ideal level of stock. The ideal level ofstock endeavor lies between the reason for pointless and lacking levels. The chocolate business in India the way things are, overpowered by two associations, both multinationals. The market head is Cadbury with a great deal of 70%
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Karimipour, Hadadan Elham. "Inventory Optimization through Integration of Marketing and Supply Chain Management." Thesis, Högskolan i Gävle, Avdelningen för ekonomi, 2016. http://urn.kb.se/resolve?urn=urn:nbn:se:hig:diva-21969.

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Purpose: This study aims to find how the integration between marketing and operations can improve demand management in order to have efficient inventory level and avoid excess inventory. Method used: In order to have optimize inventory level and managing demand, integrating business process between marketing, supply planning and inventory management team was considered in this study. Qualitative data from nine interviews among three direct sales cosmetics companies was gathered. Findings: Empirical findings address excess inventory is caused by several issue in the company as poor management o
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Cook, Randal James. "ENVIRONMENTAL INTERNSHIP-ENVIRONMENTAL QUALITY MANAGEMENT, INC. TECHNICAL SERVICES DIVISION." Miami University / OhioLINK, 2004. http://rave.ohiolink.edu/etdc/view?acc_num=miami1094138195.

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27

Diergaardt, Johannes Godfree. "An examination of shortcomings in inventory management and control in selected Saldanha Bay firms." Thesis, [S.l. : s.n.], 2007. http://dk.cput.ac.za/cgi/viewcontent.cgi?article=1067&context=td_cput.

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28

Cristiani, Davide. "Inventory management con mini-droni: architettura e implementazione." Master's thesis, Alma Mater Studiorum - Università di Bologna, 2020. http://amslaurea.unibo.it/20929/.

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Nella logistica industriale l’inventario è una attività di massima importanza. Per automatizzare questo processo, è stato proposto l’uso di UAV di piccole dimensioni. I vantaggi legati a questa proposta sono molteplici, dall’automatizzazione del processo all’incremento di sicurezza per i lavoratori. L’uso di tecnologie UAV in quest’ambito deve affrontare diverse difficoltà tecniche, come il volo indoor, l’identificazione dei pacchi e la limitata autonomia di volo dei droni. Questo elaborato approfondisce gli aspetti tecnici e informatici dell’uso di UAV per l’inventario, esp
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Wang, Lulu. "Inventory management in China : evidence from micro data." Thesis, Durham University, 2016. http://etheses.dur.ac.uk/11743/.

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Inventory management has become a favorite topic in the literature. However, research focusing on inventory performance and management in China is quite limited. A good understanding of inventory control would provide valuable information about the mechanism through which a firm determines its target inventory level and adjusts the inventory volume. Moreover, this study also contributes to examine inventory management improvement and its implement in developing country. This research uses a large sample of firm-level panel data from China to study inventory management and performance from thre
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Andersson, Henrik. "Coordinated Routing : applications in location and inventory management." Doctoral thesis, Norrköping : Dept. of Science and Tehcnology, Linköping University, 2006. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-7096.

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Bossard, Daniel. "Ubiquitous computing based inventory management in supply chains /." [S.l.] : [s.n.], 2004. http://www.gbv.de/dms/zbw/470796219.pdf.

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Johansson, Markus, and Robin Harding. "Functionality assessment of inventory management software for SME." Thesis, KTH, Industriell Management, 2013. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-131212.

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For numerous companies today, one of the key elements for successful competing in the market is an optimized inventory management. Inventory management is about satisfying the customer need, while keeping the inventory costs as low as possible. This report discusses the functionality assessment of inventory management software for small to medium sized enterprises (SME). It is an investigation motivated by the fact that high-end inventory management solutions are becoming financially available for SME via the SaaS technology. The main question that this study aims to answer is therefore what f
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Jackson, Kenneth J. "Forecast error metrics for Navy inventory management performance." Thesis, Monterey, California. Naval Postgraduate School, 2011. http://hdl.handle.net/10945/5756.

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Approved for public release; distribution is unlimited.<br>This research establishes metrics for determining overall Navy secondary inventory forecasting accuracy when compared to actual demands at the Naval Inventory Control Point (NAVICP). Specifically, two performance metrics are introduced: the average performance index (API) and the median absolute deviation performance index (MPI). API measures forecasting accuracy of secondary inventory when compared against demand or forecast performance over a four-quarter period. MPI measures the quarterly variability of forecast errors over th
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Schwaneke, Robert L. "Essentiality weighting models for wholesale level inventory management." Thesis, Monterey, California. Naval Postgraduate School, 1988. http://hdl.handle.net/10945/23027.

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Liang, Y. "The development of an intelligent inventory management system." Thesis, University of Salford, 1997. http://usir.salford.ac.uk/14812/.

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This thesis is concerned with the development of an intelligent inventory management system. The aim of the system is to bridge the substantial gap between the theory and the practice of inventory management and to help industrial inventory managers to achieve an effective and successful inventory management. The proposed system attempts to achieve this by providing automatic pattern identification and model selection facilities. Such a hybrid knowledge-based inventory system consists of a collection of techniques (or pattern identifier) for identifying demand and lead time patterns and a know
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Hillstrom, Nichole L. (Nichole Leigh), and Renato A. Malabanan. "Strategic inventory management of externally sourced medical devices." Thesis, Massachusetts Institute of Technology, 2013. http://hdl.handle.net/1721.1/81099.

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Thesis (M. Eng. in Logistics)--Massachusetts Institute of Technology, Engineering Systems Division, 2013.<br>Cataloged from PDF version of thesis.<br>Includes bibliographical references (p. 59).<br>The purpose of this research was to determine inventory strategies for externally sourced medical devices. In the medical device industry, the desire for high levels of customer service often results in less than optimal inventory levels. In this study, we analyzed the details of the current inventory model utilized by the medical device company. In assigning appropriate inventory levels, we determi
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Miller, John P. (John Paul) 1968. "Cycle time reduction through improvements in inventory management." Thesis, Massachusetts Institute of Technology, 1999. http://hdl.handle.net/1721.1/80522.

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Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering; and, (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management, 1999.<br>Includes bibliographical references (p. 46).<br>by John P. Miller.<br>M.B.A.<br>S.M.
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Chen, Annie I.-An. "Large-scale optimization in online-retail inventory management." Thesis, Massachusetts Institute of Technology, 2017. http://hdl.handle.net/1721.1/111854.

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Thesis: Ph. D., Massachusetts Institute of Technology, Department of Electrical Engineering and Computer Science, 2017.<br>This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.<br>Cataloged from student-submitted PDF version of thesis.<br>Includes bibliographical references (pages 225-232).<br>This thesis studies the related decisions of inventory placement and inventory replenishment in online retail. The placement decision focuses on the selection of fulfillment centers in which to place items, while
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Mauro, Joseph (Joseph Peter). "Strategic inventory management in an aerospace supply chain." Thesis, Massachusetts Institute of Technology, 2008. http://hdl.handle.net/1721.1/44295.

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Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division; in conjunction with the Leaders for Manufacturing Program at MIT, 2008.<br>Includes bibliographical references (p. 79-80).<br>This paper introduces multiple methods to set and optimize inventory levels. These methods are then classified based on the complexity involved to implement them. As an organization develops a deeper understanding of inventory, it becomes more mature and can apply more complex methods. This sequencing of me
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Belobaba, Peter. "Air travel demand and airline seat inventory management." Thesis, Massachusetts Institute of Technology, 1987. http://hdl.handle.net/1721.1/14800.

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Kang, Sheng. "Optimization for recipe-based, diet-planning inventory management." Thesis, Massachusetts Institute of Technology, 2010. http://hdl.handle.net/1721.1/61895.

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Thesis (S.M.)--Massachusetts Institute of Technology, Computation for Design and Optimization Program, 2010.<br>Cataloged from PDF version of thesis.<br>Includes bibliographical references (p. 40-41).<br>This thesis presents a new modeling framework and research methodology for the study of recipe-based, diet-planning inventory management. The thesis begins with an exploration on the classic optimization problem - the diet problem based upon mixed-integer linear programming. Then, considering the fact that real diet-planning is sophisticated as it would be planning recipes rather than possible
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Guo, Yuming M. Eng Massachusetts Institute of Technology. "Head & base production optimization : inventory management strategy." Thesis, Massachusetts Institute of Technology, 2009. http://hdl.handle.net/1721.1/55216.

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Thesis (M. Eng.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2009.<br>Cataloged from PDF version of thesis.<br>Includes bibliographical references (p. 49).<br>A new inventory management strategy was developed for Schlumberger to reduce waste in material handling and improve the warehouse receiving efficiency. The current warehouse receiving situation was analyzed; then the receiving procedure was summarized and the time spent for each step was measured. After that, the cause and effect analysis for the low efficient warehouse operation was analyzed and solutions ar
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Herington, Stephen (Stephen Richard). "Supplier inventory and operations management process improvement methodology." Thesis, Massachusetts Institute of Technology, 2013. http://hdl.handle.net/1721.1/81000.

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Thesis (M.B.A.)--Massachusetts Institute of Technology, Sloan School of Management; and, (S.M.)--Massachusetts Institute of Technology, Engineering Systems Division; in conjunction with the Leaders for Global Operations Program at MIT, 2013.<br>Cataloged from PDF version of thesis.<br>Includes bibliographical references (p. 62-63).<br>The Building Construction Products (BCP) Division of Caterpillar makes 12 different loader, excavator, and tractor products with 10 manufacturing facilities worldwide. With relatively high volume machines, BCP saw that their supply base continued to have challeng
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Tan, Nicola. "Inventory management for perishable goods using simulation methods." Thesis, Massachusetts Institute of Technology, 2014. http://hdl.handle.net/1721.1/90752.

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Thesis: M.B.A., Massachusetts Institute of Technology, Sloan School of Management, 2014. In conjunction with the Leaders for Global Operations Program at MIT.<br>Thesis: S.M., Massachusetts Institute of Technology, Department of Mechanical Engineering, 2014. In conjunction with the Leaders for Global Operations Program at MIT.<br>15<br>Cataloged from PDF version of thesis.<br>Includes bibliographical references (pages 66-67).<br>Amazon.com is the world's largest online retailer, and continues to grow its business by expanding into new markets and new product lines that have not traditionally b
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Arvidsson, Edvin. "Improving on Inventory Management Using Time Series Forecasting." Thesis, Uppsala universitet, Avdelningen för systemteknik, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:uu:diva-451064.

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In this master thesis project, four well known time series forecasting models areconstructed and tuned with the purpose of predicting the future consumption of glueon one of AkzoNobels customers production lines. The goal was to examine thepossibility of utilizing their vastly collected data with these models to improve on theinventory management for both AkzoNobel and their customers. The predictedproduct usage rate would aid in the customers' decision making about when neworders of product should be placed, based on when the current storage tanks areforecasted to be emptied. This information
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Tsai, Chih-Ta, and 蔡志達. "Performance Evaluation of Inventory Classification Combine Multi-Item Inventory Management." Thesis, 2005. http://ndltd.ncl.edu.tw/handle/97738259370813628344.

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碩士<br>元智大學<br>工業工程與管理學系<br>93<br>Companies usually face thousands of inventory items with various properties. Traditional inventory management strategies developed for single item are less effective. It has been shown that multi-item inventory control methods perform better when dealing with multiple items. In addition, inventory classification can also be applied for more efficient management in this situation. However, it is seldom studied how to combine inventory classification and multi-item inventory control methods on inventory management and how the combination performs. This research c
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"Inventory management of remanufacturable products." Sloan School of Management, Massachusetts Institute of Technology, 1997. http://hdl.handle.net/1721.1/2665.

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Chen, Xin, Melvyn Sim, David Simchi-Levi, and Peng Sun. "Risk Aversion in Inventory Management." 2004. http://hdl.handle.net/1721.1/7465.

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Traditional inventory models focus on risk-neutral decision makers, i.e., characterizing replenishment strategies that maximize expected total profit, or equivalently, minimize expected total cost over a planning horizon. In this paper, we propose a framework for incorporating risk aversion in multi-period inventory models as well as multi-period models that coordinate inventory and pricing strategies. In each case, we characterize the optimal policy for various measures of risk that have been commonly used in the finance literature. In particular, we show that the structure of the optimal pol
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Wu, Qi active 2013. "Inventory management and financing decisions." 2013. http://hdl.handle.net/2152/22809.

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Globalization and increased product variety have impacted the uncertainty in demand and supply. The recent financial instability adds another layer of uncertainty regarding financing and investment. The changes, while gradual, have accumulated over time and posed enormous difficulties in planning procurement. This thesis focuses on inventory procurement strategies that help firms tackle challenges due to uncertainties in the demand/supply and financial concerns. The first part is on employing dynamic inventory procurement strategies to achieve cost efficiency and tackle the uncertainties in de
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Fenske, Russell Dean. "Improving inventory management for Methanex." Thesis, 2002. http://hdl.handle.net/2429/13895.

Full text
Abstract:
Methanex is a global leader in the production, distribution and sale of methanol. Their extensive supply chain services customers in all parts of the world. Intimately tied to their ability to service customers is their management of inventory. By storing methanol in regional distribution centers, Methanex is able to limit their global shipping costs by transporting methanol in larger ships, while improving their agility in responding to customer demand. This paper examines the issues surrounding inventory management for Methanex. The goal is to define a methodology to identify target in
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