Soft computing in inventory management / Nita H. Shah, Mandeep Mittal, editors.

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 tedi...

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Bibliographic Details
Other Authors: Shah, Nita H. (Editor), Mittal, Mandeep, 1978- (Editor)
Format: Ebook
Language:English
Published: Singapore : Springer, [2021]
Series:Inventory optimization.
Subjects:
Online Access:Springer eBooks
Description
Summary: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. .
Physical Description:1 online resource : illustrations (some colour).
ISBN:9811621551
9789811621550
981162156X
9789811621567
ISSN:2730-9355
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