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Two cases of integrated inventory system

Sarker, M. Ruhul Amin and Karim, A.N. Mustafizul and Azad, G. M. Salam (1993) Two cases of integrated inventory system. Journal of the Institution of Engineers, Bangladesh, 21 (4). pp. 45-52. ISSN 0379-4318

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Abstract

Theoretical inventory control normallv deals with single stage single item case under certain assumptions. However, it gives a picture of inventory problem and starting point of analyzing such problems under realistic environment. Now-a-days there are many variations in analyzing inventory and integrating the interacting parties of inventory system. In this paper. we present mathematical models for integrating the producer and wholesalers' inventory to minimize the overall cost of the system. Similar models can also he presented for raw-material procurement and finished goods production. The benefits of integration will be discussed and numerical exampies will he provided.

Item Type: Article (Journal)
Additional Information: 4289/26845
Subjects: T Technology > T Technology (General) > T55.4 Industrial engineering.Management engineering.
Kulliyyahs/Centres/Divisions/Institutes: Kulliyyah of Engineering > Department of Manufacturing and Materials Engineering
Depositing User: Prof. Dr. A. N. Mustafizul Karim
Date Deposited: 24 Jul 2013 11:44
Last Modified: 24 Jul 2013 11:44
URI: http://irep.iium.edu.my/id/eprint/26845

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