Inventory management augments business operations by effective flow of goods and services. It adds to profitability, competitive ability, service optimization, market diversification, etc. This article investigates the role of inventory management in fostering small firms’ growth. The...

Information and communication technologies (ICT) for health or eHealth solutions hold great potential for generating systemic efficiencies by strengthening five critical pillars of a health system: human resources for health, supply chain management, health care financing, governance and service...

In a recent paper, Hoque (2011) developed two single-vendor multi-buyer models with synchronization by transferring the vendor′s lot with equal and/or unequal sized batches. He reported that his proposed models lead to significant cost reductions when compared to the existing related ones in...

This study presents a cost optimisation model for multi-variety (or multi-type) Recycled Waste Reverse Logistics System (RWRLS). A linear analytical model is formulated which minimises the total reverse logistics costs for multi-variety Recycled Waste Reverse Logistics System (RWRLS) subjected...

Bei dem ifo Konjunkturtest Verarbeitendes Gewerbe werden auch Aspekte der Lagerhaltung und des Auftragsbestands abgefragt. Der Artikel wirft einen Blick auf diese Variablen und den Zusammenhang zwischen diesen. Es zeigt sich, dass auf oberster aggregierter Ebene das Fertigwarenlager und der...

We address the dynamic lot sizing problem for systems with product returns. The demand and return amounts are deterministic over the finite planning horizon. Demands can be satisfied by manufactured/procured new items, but also by remanufactured returned items. The objective is to determine...

We consider a random yield inventory system, where a company has access to real time information about the actual yield realizations. To contribute to a better understanding of the value of this information, we develop a mathematical model of the inventory system and derive structural...

This updated edition of the book blends in new e-commerce technologies. Mobile commerce (M-commerce) and use of cloud computing are offering a new set of challenges and opportunities for those individuals who know what they are and how they are related to e-commerce. Their use opens up new...

In this paper we consider a single-item inventory system with lost sales and fixed order cost. We numerically illustrate the lack of a clear structure in optimal replenishment policies for such systems. However, policies with a simple structure are preferred in practical settings. Examples of...