Browsing by Keywords "Inventory management"
Now showing items 1-13 of 13
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Application of AHP to multicriteria inventory classification
(Bilkent University, 1993)In this thesis, a new method based on the application of Analytic Hierarchy Process (AHP) to ABC inventory classification is investigated. The traditional ABC classification method utilizes only the unit price and the ... -
Demand uncertainty and inventory turnover performance: an empirical analysis of the US retail industry
(Emerald Publishing, 2016)Purpose – The purpose of this paper is to investigate the impact of demand uncertainty on inventory turnover performance through empirical modeling. In particular the authors use the inaccuracy of quarterly sales forecasts ... -
Experimental Results Indicating Lattice-Dependent Policies May Be Optimal for General Assemble-To-Order Systems
(Wiley-Blackwell, 2016)We consider an assemble-to-order (ATO) system with multiple products, multiple components which may be demanded in different quantities by different products, possible batch ordering of components, random lead times, and ... -
Financial Hedging and Optimal Procurement Policies under Correlated Price and Demand
(Wiley-Blackwell, 2017)We consider a firm that procures an input commodity to produce an output commodity to sell to the end retailer. The retailer's demand for the output commodity is negatively correlated with the price of the output commodity. ... -
The impact of abusing return policies: a newsvendor model with opportunistic consumers
(Elsevier B.V., 2018)Consumers may return a product for a variety of reasons, such as the product having the wrong color or size, having poor functionality, being damaged during shipment, or simply prompting regret for an impulsive purchase. ... -
An inventory management system for Özaltın Construction and Trading Company
(Bilkent University, 1992)This study basically deals with establishing an inventory management system for Ozaltin Construction and Trading Company. It is aimed at improving the inventory control system through better allocation of operating ... -
Inventory performance with pooling: evidence from mergers and acquisitions
(Elsevier, 2015)Theoretical studies show that compared to decentralized inventory management, (i) pooling inventories for different demand sources decreases the optimal safety stock, which in turn decreases inventory costs and (ii) the ... -
Multicriteria ABC classification with AHP method: an application
(Bilkent University, 1996)The traditional ABC classification is an inventory management technique that is applied by many companies in different industries. The method classifies the items in the inventory as class A. B. and C. The classification ... -
Real time selection of scheduling rules and knowledge extraction via dynamically controlled data mining
(Taylor & Francis, 2010)A new scheduling system for selecting dispatching rules in real time is developed by combining the techniques of simulation, data mining, and statistical process control charts. The proposed scheduling system extracts ... -
Resource recovery management using inventory models and supply contracts: An application to leaded waste recovery
(International Society for Environmental Information Sciences, 2005)Several recent studies have shown that significant quantities of leaded wastes recovered from the disposal of television cathode ray tubes (CRTs) will be entering the waste stream over the next 50 years in a form that is ... -
Safety stock placement for serial systems under supply process uncertainty
(Springer, 2020-01)In this study, we address safety stock positioning when demand per period is a known constant but supply is uncertain. The supply is either available or not available, while the setting is that of a periodically reviewed, ... -
Spare parts inventory management with demand lead times and rationing
(Taylor & Francis, 2007)We study an inventory system that consists of two demand classes. The orders in the first class need to be satisfied immediately, whereas the orders in the second class are to be filled in a given demand lead time. The two ... -
Supporting hurricane inventory management decisions with consumer demand estimates
(Elsevier B.V., 2016)Matching supply and demand can be very challenging for anyone attempting to provide goods or services during the threat of a natural disaster. In this paper, we consider inventory allocation issues faced by a retailer ...