Mathematical Management of Simple Inventory System

Inventory Management system ( Review paper )

With the rapid development of network technology, the Web applications are used more widely, and the higher requirements on the Web system has been pursued by many people. This paper describes the Inventory Management System sufficiently to determine the feasibility and usability of a finished system. The core concept is to track the sale of items from the cash registers with additional feature...

Numerical Analysis of a Simple Mathematical Model to Design Bioremediation System in Rhizosphere

The New Mathematical Models for Inventory Management under Uncertain Market

This paper presents the new mathematical model for determining the optimal ordering policy for industrial and commercial companies. In the previous research, the numerous inventory models under inflationary conditions have been developed. In these models, the demand rate, usually, has been considered constant and well known, time-varying, stock dependent or price-dependent. But, the demand rate...

Mathematical Modelling for EOQ Inventory System with Advance Payment and Fuzzy Parameters

This study considers an EOQ inventory model with advance payment policy in a fuzzy situation by employing two types of fuzzy numbers that are trapezoidal and triangular. Two fuzzy models are developed here. In the first model the cost parameters are fuzzified, but the demand rate is treated as crisp constant. In the second model, the demand rate is fuzzified but the cost parameters are treated ...

Inventory Management for an Assembly System

This paper considers an inventory system with an assembly structure. In addition to uncertain customer demands, the system experiences uncertain returns from customers. Some of the components in the returned products can be recovered and reused, and these units are returned to inventory. Returns complicate the structure of the system, so that the standard approach (based on reduction to an equi...