Soft Computing in Inventory Management

Soft Computing in Inventory Management (Inventory Optimization)
by: Nita H. Shah and Mandeep Mittal
Publisher Finelybook 出版社:Springer; 1st ed. 2021 edition (22 Aug. 2021)
Language 语言:English
pages 页数:233 pages
ISBN-10 书号:9811621551
ISBN-13 书号:9789811621550

Book Description
This book presents a collection of mathematical models that deals with the real scenario in the industries. The primary objective of this book is to explore various effective methods for inventory control and management using soft computing techniques. Inventory control and management is a very tedious task faced by: all the organizations in any sector of the economy. It makes decisions for policies,activities,and procedures in order to make sure that the right amount of each item is held in stock at any time. Many industries suffer from indiscipline while ordering and production mismatch. It is essential to provide best ordering policy to control such kind of mismatch in the industries. All the mathematical model solutions are provided with the help of various soft computing optimization techniques to determine optimal ordering policy.

This book is beneficial for practitioners,educators,and researchers. It is also helpful for retailers/managers for improving business functions and making more accurate and realistic decisions.

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