Relevant bibliographies by topics / Optimal inventory management

Contents

  1. Journal articles
  2. Dissertations / Theses
  3. Books
  4. Book chapters
  5. Conference papers
  6. Reports

Academic literature on the topic 'Optimal inventory management'

Author: Grafiati
Published: 30 May 2022
Last updated: 19 July 2025

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Journal articles on the topic "Optimal inventory management"

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Agrawal, Narendra, and Stephen A. Smith. "Optimal inventory management using retail prepacks." European Journal of Operational Research 274, no. 2 (2019): 531–44. http://dx.doi.org/10.1016/j.ejor.2018.10.014.

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Jakšič, M., and J. C. Fransoo. "Optimal inventory management with supply backordering." International Journal of Production Economics 159 (January 2015): 254–64. http://dx.doi.org/10.1016/j.ijpe.2014.09.015.

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Belousova, E. P. "OPTIMAL MANAGEMENT OF DISCRETE INVENTORY ALLOCATION." Region: systems, economy, management 58, no. 3 (2022): 147–53. http://dx.doi.org/10.22394/1997-4469-2022-58-3-147-153.

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Tayi, Giri Kumar. "Optimal inventory cycle counting." Omega 13, no. 6 (1985): 535–39. http://dx.doi.org/10.1016/0305-0483(85)90041-6.

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Baradel, Nicolas, Bruno Bouchard, David Evangelista, and Othmane Mounjid. "Optimal inventory management and order book modeling." ESAIM: Proceedings and Surveys 65 (2019): 145–81. http://dx.doi.org/10.1051/proc/201965145.

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We model the behavior of three agent classes acting dynamically in a limit order book of a financial asset. Namely, we consider market makers (MM), high-frequency trading (HFT) firms, and institutional brokers (IB). Given a prior dynamic of the order book, similar to the one considered in the Queue-Reactive models [12, 18, 19], the MM and the HFT define their trading strategy by optimizing the expected utility of terminal wealth, while the IB has a prescheduled task to sell or buy many shares of the considered asset. We derive the variational partial differential equations that characterize th
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Su, Shou-Mei, and Shy-Der Lin. "The Optimal Inventory Policy of Production Management." Engineering 05, no. 05 (2013): 9–13. http://dx.doi.org/10.4236/eng.2013.55a002.

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Wagner, Michael R. "Robust Inventory Management: An Optimal Control Approach." Operations Research 66, no. 2 (2018): 426–47. http://dx.doi.org/10.1287/opre.2017.1669.

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Stoikova, L. S. "Optimal inventory management under incomplete demand information." Cybernetics and Systems Analysis 27, no. 4 (1992): 573–80. http://dx.doi.org/10.1007/bf01130369.

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Khetade, Khushi. "Intelligent Supply Chain Management." INTERNATIONAL JOURNAL OF SCIENTIFIC RESEARCH IN ENGINEERING AND MANAGEMENT 09, no. 05 (2025): 1–9. https://doi.org/10.55041/ijsrem48356.

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Fuzzy Logic is used to derive the optimal inventory policies in the Supply Chain (SC) numbers. We examine the per- formance of the optimal inventory policies by cutting the costs and increasing the supply chain management efficiency. The proposed inventory policy uses multi-agent and Fuzzy logic, and provides managerial insights on the impact of the decision making in all the SC numbers. In particular, we focus on the way in which our agent purchases components using a mixed procurement strategy (combining long and short term planning) and how it sets its prices according to the prevailing mar
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Yu, Wenfang, Guisheng Hou, and Baogui Xin. "Decision-Making Optimization of Risk-Seeking Retailer Managed Inventory Model in a Water Supply Chain." Discrete Dynamics in Nature and Society 2021 (April 26, 2021): 1–18. http://dx.doi.org/10.1155/2021/9943753.

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Water retailer managed inventory is a classical and inevitable inventory management mode in present economic society. Stochastic models can more clearly explain demand uncertainty and are closely related to water supply chains. Risk preferences are widely valued in behavioral operation management. Related to the risk preferences in inventory management, the research on risk aversion is dominant, while risk-seeking is insufficient. Based on the model assumptions, the risk-seeking retailer’s optimal decision-making inventory model with stochastic demand in a water supply chain is studied. The ri
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Dissertations / Theses on the topic "Optimal inventory management"

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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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lyer, Nurani Vishwanathan Parameshwaran. "Optimal inventory model for managing demand-supply mismatches for perishables with stochastic supply." Thesis, Massachusetts Institute of Technology, 2019. https://hdl.handle.net/1721.1/122255.

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Thesis: M. Eng. in Supply Chain Management, Massachusetts Institute of Technology, Supply Chain Management Program, 2019<br>Cataloged from PDF version of thesis.<br>Includes bibliographical references (pages 52-53).<br>While festivals bring a reason to cheer for everyone, businesses dealing with a spike in demand for perishables may have to live with the misery of lost sales and/or expired items. In the case of the dairy industry that deals with liquid milk, both raw material, and finished goods are perishable, which implies that merely stockpiling inventory of either item, without paying atte
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Güller, Mustafa [Verfasser], and Bernd [Akademischer Betreuer] Noche. "Optimal Inventory Control and Distribution Network Design of Multi-Echelon Supply Chains / Mustafa Güller. Betreuer: Bernd Noche." Duisburg, 2016. http://d-nb.info/1102896934/34.

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Weber, Martin. "Optimal inventory control in the presence of dynamic pricing and dynamic advertising." Doctoral thesis, Humboldt-Universität zu Berlin, 2015. http://dx.doi.org/10.18452/17339.

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Diese Dissertation analysiert das optimale Zusammenspiel dynamischer Preissetzung, dynamischer Werbung und Bestandsmanagement. Wir betrachten verschiedene Optimierungsprobleme für einen monopolistischen Händler bei gegebener zeitabhängiger deterministischer Nachfrage. In Kapitel 2 erweitern wir das Modell von Rajan et al. (1992). Der Händler darf einen dynamischen Preis, eine dynamische Werberate und die Lagergröße bei fester Verkaufsdauer wählen, so dass der Barwert von Umsatz minus Lager-, Einkaufs- und (nichtlinearen) Werbekosten maximiert wird; zusätzlich zerfällt der Lagerbestand mit expo
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Козлова, Юлія Юріївна. "Оптимальне управління запасами, як один із механізмів подолання кризового явища". Thesis, Національної академії Національної гвардії України, 2017. http://repository.kpi.kharkov.ua/handle/KhPI-Press/35023.

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Satir, Benhur. "An Analysis Of Benefits Of Inventory And Service Pooling And Information Sharing In Spare Parts Management Systems." Phd thesis, METU, 2010. http://etd.lib.metu.edu.tr/upload/3/12612073/index.pdf.

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Inventory management and production control problem of a dealer operating in a decentralized spare parts network is analyzed in this dissertation. Spare parts network is assumed to be formed of two dealers and the problem of a dealer is considered under the assumption that the other dealer has a known policy. These dealers collaborate through inventory and service pooling. Furthermore, the dealers collaborate through sharing information on the net inventory status. Upon demand arrival, a dealer may request a part from the other dealer, in which case a payment is made. Under this competitive an
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Mandl, Christian [Verfasser], Stefan [Akademischer Betreuer] Minner, Stefan [Gutachter] Minner, and Srinagesh [Gutachter] Gavirneni. "Optimal Procurement and Inventory Control in Volatile Commodity Markets : Advances in Stochastic and Data-Driven Optimization / Christian Mandl ; Gutachter: Stefan Minner, Srinagesh Gavirneni ; Betreuer: Stefan Minner." München : Universitätsbibliothek der TU München, 2019. http://d-nb.info/1190818779/34.

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Huarca, Guevara Kevin Paolo, and Ricalde Harless Hanset Ninahuanca. "Análisis correlacional entre los costos evitables en operaciones de importación marítima y nivel de servicio: el caso de una empresa." Bachelor's thesis, Universidad Peruana de Ciencias Aplicadas (UPC), 2018. http://hdl.handle.net/10757/626038.

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La presente tesis tiene como objetivo identificar si existe correlación alguna entre los costos evitables en operaciones de importación marítima y la prestación de nivel de servicio mostrando resultados sobre la implementación realizada en una de las principales empresas en el rubro de importación y distribución de equipamiento gastronómico profesional de la ciudad de Lima. Luego de realizar la implementación aprobada para el 2017, los costos evitables en operaciones de importación marítima fueron reducidos en un 13.85% con respecto al periodo anterior. Se demostró que los costos evitables (r=
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Fang, Jianxin. "Analyse et algorithmes de résolution de systèmes ATO (Assemble-To-Order) : Applications aux systèmes du type W." Thesis, Ecole centrale de Lille, 2017. http://www.theses.fr/2017ECLI0012/document.

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Nous analysons un type W de système de l’Assemble-à-commande avec des délais de livraison aléatoires, l'arrivée aléatoire de la demande et des ventes perdues, en temps continu. Nous formulons le problème en tant que processus de décision Markov à l'horizon infini. Nous nous éloignons de l'approche standard en caractérisant une région de l'espace d'état où toutes les propriétés de la fonction de coût tiennent. Nous caractérisons la politique optimale dans cette région. En particulier, nous montrons que, dans l'intérieur de la région récurrente, les composants sont toujours produits. Nous caract
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Tulpule, Pinak J. "Control and optimization of energy flow in hybrid large scale systems - A microgrid for photovoltaic based PEV charging station." The Ohio State University, 2011. http://rave.ohiolink.edu/etdc/view?acc_num=osu1313522717.

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Books on the topic "Optimal inventory management"

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Shah, Nita H., and Mandeep Mittal. Optimal Inventory Control and Management Techniques. IGI Global, 2016.

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Sherbrooke, Craig C. Optimal Inventory Modeling of Systems: Multi-Echelon Techniques (International Series in Operations Research & Management Science). 2nd ed. Springer, 2004.

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Roslan, Ummi Nazahah, Mohd Fathullah Ghazali, Raja Manisa Raja Mamat, Mohd Habir Ibrahim, and Norsilawati Ngah. INDUSTRIAL ENGINEERING. 2024th ed. PENERBIT UNIVERSITI MALAYSIA PERLIS, 2024. http://dx.doi.org/10.58915/bk2023.015.

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Explore the world of Industrial Engineering and its impact on success, efficiency and productivity in today's industries. This comprehensive book serves as a guide, providing readers with a solid foundation in industrial engineering and practical tools to optimize processes, achieving operational excellence. Take a journey through fundamental concepts, principles and methodologies, starting with an engaging introduction to the field. Learn how to design, analyze and optimize production processes using tools like process flowcharts, value stream mapping, and lean manufacturing principles. Dive
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Book chapters on the topic "Optimal inventory management"

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Kalimoldayev, Almas M., Aigerim T. Mazakova, Sholpan A. Jomartova, Talgat Zh Mazakov, and Gulzat Z. Ziyatbekova. "Digital Definition of Optimal Inventory Management." In Ecological Footprint of the Modern Economy and the Ways to Reduce It. Springer Nature Switzerland, 2024. http://dx.doi.org/10.1007/978-3-031-49711-7_19.

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De Cuypere, Eline, Koen De Turck, Herwig Bruneel, and Dieter Fiems. "Optimal Inventory Management in a Fluctuating Market." In Analytical and Stochastic Modeling Techniques and Applications. Springer Berlin Heidelberg, 2013. http://dx.doi.org/10.1007/978-3-642-39408-9_12.

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Shah, Nita H., and Milan B. Patel. "Retailer’s Optimal Ordering Policy Under Supplier Credits When Demand is Fuzzy and Cloud Fuzzy." In Soft Computing in Inventory Management. Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-16-2156-7_1.

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Sieke, Marcel. "Optimal Inventory Allocation for Multiple Retailers under Service Level Contracts." In Supply Chain Contract Management. Springer Fachmedien Wiesbaden, 2008. http://dx.doi.org/10.1007/978-3-658-24382-1_5.

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Kurtulus, Ibrahim S. "Optimal and Heuristic Solutions for the Spare Parts Inventory Control Problem." In Service Parts Management. Springer London, 2011. http://dx.doi.org/10.1007/978-0-85729-039-7_11.

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Yao, David D., and Shaohui Zheng. "Optimal Inventory Control with Substitution: Single- and Multi-Period Models." In International Series in Operations Research & Management Science. Springer US, 2003. http://dx.doi.org/10.1007/978-1-4615-0373-6_8.

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Hammler, Patric, Nicolas Riesterer, Gang Mu, and Torsten Braun. "Multi-Echelon Inventory Optimization Using Deep Reinforcement Learning." In Quantitative Models in Life Science Business. Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-031-11814-2_5.

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AbstractIn this chapter, we provide an overview of inventory management within the pharmaceutical industry and how to model and optimize it. Inventory management is a highly relevant topic, as it causes high costs such as holding, shortage, and reordering costs. Especially the event of a stock-out can cause damage that goes beyond monetary damage in the form of lost sales. To minimize those costs is the task of an optimized reorder policy. A reorder policy is optimal when it minimizes the accumulated cost in every situation. However, finding an optimal policy is not trivial. First, the problem is highly stochastic as we need to consider variable demands and lead times. Second, the supply chain consists of several warehouses incl. the factory, global distribution warehouses, and local affiliate warehouses, whereby the reorder policy of each warehouse has an impact on the optimal reorder policy of related warehouses. In this context, we discuss the concept of multi-echelon inventory optimization and a methodology that is capable of capturing both, the stochastic behavior of the environment and how it is impacted by the reorder policy: Markov decision processes (MDPs). On this basis, we introduce the concept, its related benefits and weaknesses of a methodology named Reinforcement Learning (RL). RL is capable of finding (near-) optimal (reorder) policies for MDPs. Furthermore, some simulation-based results and current research directions are presented.
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Kapuscinski, Roman, and Sridhar Tayur. "Optimal Policies and Simulation-Based Optimization for Capacitated Production Inventory Systems." In International Series in Operations Research & Management Science. Springer US, 1999. http://dx.doi.org/10.1007/978-1-4615-4949-9_2.

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Bertazzi, L., D. P. Bertsekas, and M. G. Speranza. "Optimal and Neuro—Dynamic Programming Solutions for a Stochastic Inventory Transportation Problem." In Models, Methods and Decision Support for Management. Physica-Verlag HD, 2001. http://dx.doi.org/10.1007/978-3-642-57603-4_4.

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Satwika, Stefanus Ardian, and Nida Tsuroya. "Improvement of the Coal Inventory Management System Using the Economic Order Quantity Method." In Proceedings of the 19th International Symposium on Management (INSYMA 2022). Atlantis Press International BV, 2022. http://dx.doi.org/10.2991/978-94-6463-008-4_130.

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AbstractIn a business, inventory is frequently known as a source of contention. PT Petrokimia Gresik (PKG) is PT Pupuk Indonesia’s (Persero) subsidiary, an agro-industry company that the government always requires to meet national fertilizer supply to ensure food security and perform more efficient and cost-effective cost savings, through more efficient and economical use of facilities and infrastructure, including inventory management. At PKG, one of the most crucial inventory management issues is coal inventories, which have lately experienced a price increase of more than 200%. The trend of global coal prices has climbed to 2 times higher since 2021. The price of coal in Indonesia has risen from Rp. 500,000 per ton to Rp. 1,500,000 per ton, not to mention the world’s current state of war, the Russian invasion of Ukraine, which has increased fuel prices worldwide, including coal, which is in high demand by utility companies in Indonesia. While PT Petrokimia Gresik must continue to produce despite rising coal prices, inventory must be managed to achieve the lowest possible cost. Adopting the Economic Order Quantity (EOQ) method to improve the coal inventory management system needs to be considered. EOQ is an old theory, but we believe it is still relevant today. We will compare the company’s current coal inventory management to the EOQ method regarding efficiency, efficacy, and expenses associated with reordering, storage, and other factors. The study concludes that PKG’s coal supply system is relatively good, although there is still potential for improvement. The inventory management policies that are in place still refer to the prior period’s experience. Several causes contribute to coal overstock and understock issues, including a coal supply planning system that is not yet optimal. The proposed future improvement is to employ the Economic Order Quantity (EOQ) approach, which can save Rp 684,000,000 per year (average) in inventory expenditures. This demonstrates that the EOQ approach can save 6.7% per year in costs.
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Conference papers on the topic "Optimal inventory management"

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Naraghi, Saba Ghasemi, and Zheyu Jiang. "Joint Optimization of Fair Facility Allocation and Robust Inventory Management for Perishable Consumer Products." In The 35th European Symposium on Computer Aided Process Engineering. PSE Press, 2025. https://doi.org/10.69997/sct.153925.

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Perishable consumer products like food, cosmetics, and household chemicals face challenges in supply chain management due to limited shelf life and uncertainties in demand and transportation. To address some of these issues, this work proposes a robust optimization framework for jointly optimizing facility allocation and inventory management. The framework determines optimal locations for distribution centers and their assigned customers, as well as inventory policies that minimize the total costs related to transportation, distribution, and storage under uncertain demand in a robust setting.
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Van Blaricum, V. L., R. H. Knoll, V. F. Hock, and J. R. Myers. "Scaler Engineered Management System for Internal Potable Water Piping." In CORROSION 1990. NACE International, 1990. https://doi.org/10.5006/c1990-90176.

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Abstract Lack of knowledge about the condition of inaccessible piping systems such as those within a building severely inhibits the management's ability to make cost effective repair/replace decisions concerning them. Presently, corrective action is usually taken after a costly failure has occurred. To help resolve this problem, a microcomputer-based maintenance management system called SCALER has been developed. SCALER utilizes mathematical prediction models, along with information stored in a pipe inventory database, to give a life prediction of each section of a piping network. The models w
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Draper, Russell, Frances Wee, and Mekdam Nima. "Bridge Coating Operation and Maintenance Planning." In CORROSION 2018. NACE International, 2018. https://doi.org/10.5006/c2018-11288.

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Abstract This paper describes a bridge coating operation and maintenance manual that was developed for the City of Vancouver (City). The City operates and maintains an inventory of 33 bridges with coated steel elements, including three major bridges that were constructed in the early part of the twentieth century. The City has carried out ongoing maintenance painting on these structures for many decades using in-house bridge crews. The coating maintenance manual is intended to provide guidance to the City’s operations personnel to support consistent work standards, encourage use of industry be
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Livia, Barliba Luminita, Eles G., Loredana Copacean, and Barliba C. Florin. "TOPOGRAPHIC STUDY NECESSARY FOR THE UPDATE OF THE CARTOGRAPHIC BASE NECESSARY FOR THE EXECUTION OF THE FOREST MANAGEMENT IN THE LOCATION OF DRINOVA, ROMANIA." In 24th SGEM International Multidisciplinary Scientific GeoConference 2024. STEF92 Technology, 2024. https://doi.org/10.5593/sgem2024/2.1/s11.38.

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The Lugoj Forest Administration is a subunit of the Timi? Forestry Directorate and is located in the western part of Romania in the hilly area of Timi? County. It has as its object of activity the application of the Romsilva strategy for the forests received under administration, the conservation and sustainable development of the publicly owned forest fund of the state, the management of the hunting and fishing funds assigned according to the law, the harvesting and valorization of specific forest products according to the legal provisions in conditions of efficiency economic, also exercising
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Cabuhayan, Jasmine Rose, Hannah Dela Cruz, Angeline Jores, et al. "ValueTrix: A Mobile Application for Inventory Management with Optical Character Recognition (OCR) Integration and Profitability Forecasting." In 2024 9th International Conference on Communication and Electronics Systems (ICCES). IEEE, 2024. https://doi.org/10.1109/icces63552.2024.10859814.

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Van Blaricum, V. L., and V. F. Hock. "A Computerized Maintenance Management System for Water Distribution Networks." In CORROSION 1991. NACE International, 1991. https://doi.org/10.5006/c1991-91515.

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Abstract WPIPER is a computerized engineered maintenance management system which assists managers in making cost-effective maintenance decisions for underground water distribution systems. The system consists of a pipe network inventory, a hydraulic model, a Hazen-Williams C-factor prediction model, an economic analysis routine, and reports. The C-factor prediction model predicts the reduction in the Hazen-Williams C-factor due to internal corrosion in unlined metallic pipes. The prediction model can be used in conjunction with the hydraulic model to forecast when fire flow requirements will n
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Baliunas, Ralph, and Louis G. Lyras. "Factors Determining the Size of Projects." In Paint and Coatings Expo (PACE) 2007. SSPC, 2007. https://doi.org/10.5006/s2007-00007.

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Abstract This paper identifies the problems with large multi-year painting projects and discusses the benefit to Facility Owners and Contractors for breaking a large bridge project into smaller phases. It will also discuss factors that determine the optimum size, large or small, of a painting project and their impacts. The size of a project will be analyzed from the standpoint of money, time, insurance, bonding, manpower, inspection, management, bridge inventory and job quality. All of these factors are important and must be addressed during the design of any project. When both the Facility Ow
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Yuan, X. M., Z. L. Tan, and A. S. Bhullar. "Optimal inventory policies for remanufacturing inventory systems with multiple returns." In 2014 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM). IEEE, 2014. http://dx.doi.org/10.1109/ieem.2014.7058865.

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E. Arbabian, Mohammad. "Optimal Inventory Management Policies When Supply Is Bundled." In 9th North American Conference on Industrial Engineering and Operations Management. IEOM Society International, 2024. http://dx.doi.org/10.46254/na09.20240138.

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Ying-jun, Li, and Chen Zhi-xiang. "Optimal integrated production-inventory system for defective items." In 2013 International Conference on Management Science and Engineering (ICMSE). IEEE, 2013. http://dx.doi.org/10.1109/icmse.2013.6586348.

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Reports on the topic "Optimal inventory management"

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Lassen Volcanic National Park Cascades frog and eDNA inventory final report. National Park Service, 2023. http://dx.doi.org/10.36967/2300696.

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The Cascades frog (Rana cascadae) is one of two frog species known to occur historically in Lassen Volcanic National Park (LAVO) in Northern California. However, no Cascades frogs have been documented in LAVO for several decades, despite repeated surveys. Threats to the species include natural predators, introduction of fish into historically fishless habitats, diseases like fungal pathogens, airborne drift of pesticides from nearby agricultural areas, ultraviolet (UV-B) radiation, wildfires, and habitat loss from human development and climate change. Objectives of this project were to conduct
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