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Stock management and control is a critical element to the success and overall financial well-being of an organization. Through the application of innovative practices and technology, businesses are now able to effectively monitor their operations and manage their inventory by evaluating sales patterns and customer preferences. Optimal Inventory Control and Management Techniques explores emergent research in stock management and product control within organizations. Featuring diverse perspectives on the implementation of various optimization techniques, genetic algorithms, and datamining concepts, as well as research on big data applications for inventory management, this publication is a comprehensive reference source for practitioners, educators, and researchers in the fields of logistics, operations management, and retail management.
When deadly illness spreads through a population at a rapid pace, time may be of the essence in order to save lives. Using mathematics as a language to interpret assumptions concerning the biological and population mechanics, one can make predictions by analyzing actual epidemiological data using mathematical tests and results. Mathematical models can help us understand the right disease status and predict the effects of the disease on populations, which can help limit the spread and devastation of the illness. Mathematical Models of Infectious Diseases and Social Issues is a collection of innovative research that examines the dynamics of diseases and their effect on populations. Featuring coverage of a broad range of topics including deterministic models, environmental pollution, and social issues, this book is ideally designed for diagnosticians, clinicians, healthcare providers, pharmacists, government health officials, policymakers, academicians, researchers, and students.
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.
This book describes various mathematical models that can be used to better understand the spread of novel Coronavirus Disease 2019 (COVID-19) and help to fight against various challenges that have been developed due to COVID-19. The book presents a statistical analysis of the data related to the COVID-19 outbreak, especially the infection speed, death and fatality rates in major countries and some states of India like Gujarat, Maharashtra, Madhya Pradesh and Delhi. Each chapter with distinctive mathematical model also has numerical results to support the efficacy of these models. Each model described in this book provides its unique prediction policy to reduce the spread of COVID-19. This book is beneficial for practitioners, educators, researchers and policymakers handling the crisis of COVID-19 pandemic.
This book provides several inventory models for making the right decision in inventory management under different environments. Basically, the optimal ordering policies are determined for situations with and without shortages in production-inventory systems. The chapters in the book include various features of inventory modeling i.e., inflation, deterioration, supply chain, learning, credit financing, carbon emission policy, stock-dependent demand, among others. The book is a useful resource for academicians, researchers, students, practitioners, and managers who can be benefited with the policies provided in the chapters of the book.
Stock management and control is a critical element to the success and overall financial well-being of an organization. Through the application of innovative practices and technology, businesses are now able to effectively monitor their operations and manage their inventory by evaluating sales patterns and customer preferences. The Handbook of Research on Promoting Business Process Improvement Through Inventory Control Techniques is a critical scholarly resource that examines optimization techniques, data mining concepts, and genetic algorithms to manage inventory control. Featuring coverage on a broad range of topics such as logistics and supply chain management, stochastic inventory modelling, and inventory management in healthcare, this book is geared towards academicians, practitioners, and researchers seeking various research methods to get optimal ordering policy.
Infectious diseases are leading threats and are of highest risk to the human population globally. Over the last two years, we saw the transmission of Covid-19. Millions of people died, and also forced to live with a disability. Mathematical models are effective tools that enable analyzing relevant information, simulate the related process and evaluate beneficial results. They can help to make rational decisions towards a healthy society. Formulation of mathematical models for a pollution-free environment is also very important for society. To determine the system which can be modelled, we need to formulate the basic context of the model underlying some necessary assumptions. This describes our beliefs in terms of the mathematical language of how the world functions. This book addresses issues during the Covid phase and post-Covid phase. It analyzes transmission, impact of coinfections, and vaccination as a control or to decrease the intensity of infection. It also talks about the violence and unemployment problems occurring during the post-Covid period. This book will help societal stakeholders to resume normality slowly and steadily.
This book provides several inventory models for making the right decision in inventory management under different environments. Basically, the optimal ordering policies are determined for situations with and without shortages in production-inventory systems. The chapters in the book include various features of inventory modeling i.e., inflation, deterioration, supply chain, learning, credit financing, carbon emission policy, stock-dependent demand, among others. The book is a useful resource for academicians, researchers, students, practitioners, and managers who can be benefited with the policies provided in the chapters of the book.
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.
This book describes various mathematical models that can be used to better understand the spread of novel Coronavirus Disease 2019 (COVID-19) and help to fight against various challenges that have been developed due to COVID-19. The book presents a statistical analysis of the data related to the COVID-19 outbreak, especially the infection speed, death and fatality rates in major countries and some states of India like Gujarat, Maharashtra, Madhya Pradesh and Delhi. Each chapter with distinctive mathematical model also has numerical results to support the efficacy of these models. Each model described in this book provides its unique prediction policy to reduce the spread of COVID-19. This book is beneficial for practitioners, educators, researchers and policymakers handling the crisis of COVID-19 pandemic.
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