• Published 2012

Models of Inventory Control

@inproceedings{Pattnaik2012ModelsOI,
  title={Models of Inventory Control},
  author={Monalisha Pattnaik},
  year={2012}
}
Models of inventory control are vitally important to almost any type of industry, whether product manufacturing or product purchasing oriented. Investments in raw materials, qualitative goods with reliability, uncertain (fuzzy) system costs, spare parts, entropy, allowing pre-and post deterioration discounts, instant deterioration discounts, costs for promotion of the finished products, disposal cost of deteriorated items and finished products are all critical costs of operations which if not… CONTINUE READING

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