For large corporations, inventory requirements can be determined using complex algorithms and computer programs. For small businesses, most inventory models can fit within three theories. Each of ...

In this paper, we examine the nature of optimal inventory policies in a system where a retailer manages substitutable products. We first consider a system with two products 1 and 2 whose total demand ...

If you're a business owner considering going into a vendor-managed inventory model, ask the vendor questions regarding savings and other efficiencies over your present system. Depending on the nature ...

The definition of the cost of resources devoted to inventories which is inherent in the economic-lot-size procedure implies financial conditions which may not exist. This would lead to infeasibility ...

Swiggy has restructured Instamart into a step-down subsidiary, a move analysts say signals a potential shift to an ...