today, the effective inventory management plays an important role in the success of the organizations in the new business environment. it is not clearly possible for the organizations that store hundreds of inventory items to economically design an inventory management policy for each inventory item separately. moreover, various inventory items may play quite different roles in the business of ...

Product returns are characterized by considerable uncertainty on time and quantity. In the literature on inventory management for product return environments best forecasts of future returns are associated with methods that use the most information regarding product return history. In practice, however, data is often scarce and unreliable, while forecasts based on historical data, reliable or n...

Inventory control of spare parts is essential to many organizations, since excess inventory leads to high holding costs and stock outs can have a great impact on operations performance. This paper proposes a methodology for effective spare parts inventory control, motivated by a case study at a large oil refinery. Different demand modeling techniques and inventory policies are evaluated using r...

this paper submitting the computation of optimize point of ordering in inventory control systems and particularly for continuous review of ordering system (r,q) by fuzzy logic method which similarly can be used for other ordering systems. since in the ordering models we cannot forecast the parameters like cost exactly, we have ambiguity. in this case using precise parameters may cause wrong dec...