Radio Frequency Identification (RFID) is used to identify the characteristics of an object wirelessly using radio waves. The purpose of this technology in this study is mainly focused on healthcare for inventory management and theft control replacing the manual logs. The storage and tracking of high-cost inventory items is developed. Automatic reordering and billing interfaces are designed for...

We consider a periodic review single-item inventory model under stochastic demand. Every m periods, in the regular order period, fixed costs are K. In periods in-between, intraperiods, higher of L > K $L>K$ apply. The literature on optimal policies does not account for these time-dependent costs. By generalizing existing proofs policies, we close this gap theory. policy is complex period and pe...

Two of the most promising new remote sensing technologies for increasing accuracy and efficiency of forest inventory are tree-wise or stand-wise measurements of airborne laser scanner data or 2(2D) and 3-dimensional measurements (3D) of digital aerial photographs. The aim of the study was to compare 3D measurements of digital aerial photographs and laser scanning to 2D measurements of digital a...

We study one-shot Nash competition between an arbitrary number of identical dealers that compete for the order flow a client. The client trades either because proprietary information, exposure to idiosyncratic risk, or mix both trading motives. When quoting their price schedules, do not know client’s type but only its distribution, and in turn choose quotes mitigate adverse selection inventory ...

this paper aims to investigate the integrated production/distribution and inventory planning for perishable products with fixed life time in the constant condition of storage throughout a two-echelon supply chain by integrating producers and distributors. this problem arises from real environment in which multi-plant with multi-function lines produce multi-perishable products with fixed life ti...

Joint managed inventory is an advanced supply chain inventory management tool, which will effectively tackle the complicated problem between the inventory cost of supply chain and service level. The research on inventory model and its’ control under JMI environment is a hot issue at present. In this paper, the authors deeply discuss the question of the inventory time costs about the multi-produ...

In this paper, we present a dynamic model modified with emission permit banking and pollution abatement, and investigate the effect of emission permit banking and pollution abatement on the production–inventory strategy of the firm. After introducing emission permit banking and pollution abatement, the cost function consists of the inventory holding and production costs, the cost of investment ...

Inventory represents a significant investment of capital for most companies. Inventory ties up money that could be used more productively elsewhere. Thus, effective inventory management offers the potential for significant cost savings. Furthermore, quality, product engineering, prices, overtime, excess capacity, ability to respond to customers (due-date performance), lead times, and overall pr...