Inventory control risks affect all companies regardless of how much inventory the company carries. A small business typically has a large amount of its cash tied up in inventory. With such a large ...

Students will learn applications of operations research methods to practical problems of production planning and inventory control; forecasting; aggregate planning; deterministic and stochastic ...

A deterministic, continuous time, nonstationary inventory model is formulated to find the number of orders, the order quantities, and the times at which orders should be placed which minimize the ...

Managing inventory for a small business is a balancing act with supply and demand on one side and costs on the other. Carrying too much inventory leaves a company with a larger dollar investment and ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...