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Management of Perishable Inventory: A Mathematical Modelling Approach


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

During the last two decades, researchers are engaged in analyzing inventory models for deteriorating items such as volatile liquids, blood, medicines, fashion goods, fruits and vegetables etc. This book presents mathematically derived models to facilitate decision making and control of the inventory system of perishable items. Several economic and business factors are assumed and introduced in different models to capture real life situations and the optimal ordering policies are derived and examined therein. Analytical proofs are derived and hypothetical examples are used to show and support the solution procedures. Managerial insights are embedded in the observations and conclusion sections of each model. This book will be useful to researchers and practitioners of inventory modeling area to examine the effect of several factors like supplier credits / permissible delay in payments, price dependent demand, inflation, stock out costs, stock dependent demand etc on the ordering policies. Most importantly this book would surely serve as an initial guide for researchers with inventory control and mathematics interface.

Product Specifications
SKU :COC93626
AuthorRavi Gor
Number of Pages144
Publishing Year2011-07-28T00:00:00.000
Edition1 st
Book TypeMathematics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-08-14 00:00:00
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