Abstract: Airport’s serving a tourist destination are an essential counterpart of the tourist demand supply chain, and their productivity is related to the region’s attractiveness and is enhanced by the air transport business. In this paper, the evaluation framework of the scheduled flights between two tourist airports is taken into consideration. By adopting a systemic approach, the arrivals from an airport that its connectivity heavily depended on the departures of another major airport are reviewed. The methodology framework, based on inventory control theory and the numerical example, promotes the use of the modelling formulation. The results would be essential for comparison and exercising to other similar cases.
Abstract: The dynamic and highly competitive nature of the consumer electronics retail industry means that businesses in this industry are experiencing different decision making challenges in relation to pricing, inventory control, consumer satisfaction and product offerings. To overcome the challenges facing retailers and create opportunities, we propose a generic data warehousing solution which can be applied to a wide range of consumer electronics retailers with a minimum configuration. The solution includes a dimensional data model, a template SQL script, a high level architectural descriptions, ETL tool developed using C#, a set of APIs, and data access tools. It has been successfully applied by ASK Outlets Ltd UK resulting in improved productivity and enhanced sales growth.
Abstract: ABC classification is widely used by managers for
inventory control. The classical ABC classification is based on Pareto
principle and according to the criterion of the annual use value only.
Single criterion classification is often insufficient for a closely
inventory control. Multi-criteria inventory classification models have
been proposed by researchers in order to consider other important
criteria. From these models, we will consider a specific model in
order to make a sensitive analysis on the composite score calculated
for each item. In fact, this score, based on a normalized average
between a good and a bad optimized index, can affect the ABC-item
classification. We will focus on items differently assigned to classes
and then propose a classification compromise.
Abstract: Most papers model Joint Replenishment Problem
(JRP) as a (kT,S) where kT is a multiple value for a common review
period T,and S is a predefined order up to level. In general the (T,S)
policy is characterized by a long out of control period which requires
a large amount of safety stock compared to the (R,Q) policy. In this
paper a probabilistic model is built where an item, call it item(i),
with the shortest order time between interval (T)is modeled under
(R,Q) policy and its inventory is continuously reviewed, while the
rest of items (j) are periodically reviewed at a definite time
corresponding to item
Abstract: Nowadays pharmaceutical care departments located in
hospitals are amongst the important pillars of the healthcare system.
The aim of this study was to evaluate quality of hospital drugstores
affiliated with Kermanshah University of Medical Sciences.
In this cross-sectional study a validated questionnaire was used.
The questionnaire was filled in by the one of the researchers in all
seventeen hospital drugstores located in the teaching and nonteaching
hospitals affiliated with Kermanshah University of Medical
Sciences. The results shows that in observed hospitals,24% of
pharmacy environments, 25% of pharmacy store and storage
conditions, 49% of storage procedure, 25% of ordering drugs and
supplies, 73% of receiving supplies (proper procedure are fallowed
for receiving supplies), 35% of receiving supplies (prompt action
taken if deterioration of drugs received is suspected), 23.35% of
drugs delivery to patients and finally 0% of stock cards are used for
proper inventory control have full compliance with standards.
Abstract: Extensive research has been devoted to economic
production quantity (EPQ) problem. However, no attention has been
paid to problems where production period length is constrained. In
this paper, we address the problem of deciding the optimal
production quantity and the number of minor setups within each
cycle, in which, production period length is constrained but a minor
setup is possible for pass the constraint. A mathematical model is
developed and Iterated Local Search (ILS) is proposed to solve this
problem. Finally, solution procedure illustrated with a numerical
example and results are analyzed.
Abstract: We consider a single-echelon, single-item inventory
system where both demand and lead-time are stochastic. Continuous
review policy is used to control the inventory system. The objective
is to calculate the reorder point level under stochastic parameters. A
case study is presented in Neonatal Intensive Care Unit.
Abstract: Spare parts inventory management is one of the major
areas of inventory research. Analysis of recent literature showed that
an approach integrating spare parts classification, demand
forecasting, and stock control policies is essential; however, adapting
this integrated approach is limited. This work presents an integrated
framework for spare part inventory management and an Excel based
application developed for the implementation of the proposed
framework. A multi-criteria analysis has been used for spare
classification. Forecasting of spare parts- intermittent demand has
been incorporated into the application using three different
forecasting models; namely, normal distribution, exponential
smoothing, and Croston method. The application is also capable of
running with different inventory control policies. To illustrate the
performance of the proposed framework and the developed
application; the framework is applied to different items at a service
organization. The results achieved are presented and possible areas
for future work are highlighted.
Abstract: The main aim of Supply Chain Management (SCM) is
to produce, distribute, logistics and deliver goods and equipment in
right location, right time, right amount to satisfy costumers, with
minimum time and cost waste. So implementing techniques that
reduce project time and cost, and improve productivity and
performance is very important. Emerging technologies such as the
Radio Frequency Identification (RFID) are now making it possible to
automate supply chains in a real time manner and making them more
efficient than the simple supply chain of the past for tracing and
monitoring goods and products and capturing data on movements of
goods and other events. This paper considers concepts, components
and RFID technology characteristics by concentration of warehouse
and inventories management. Additionally, utilization of RFID in the
role of improving information management in supply chain is
discussed. Finally, the facts of installation and this technology-s
results in direction with warehouse and inventory management and
business development will be presented.
Abstract: In modern telecommunications industry, demand &
supply chain management (DSCM) needs reliable design and
versatile tools to control the material flow. The objective for efficient
DSCM is reducing inventory, lead times and related costs in order to
assure reliable and on-time deliveries from manufacturing units
towards customers. In this paper the multi-rate expert system based
methodology for developing simulation tools that would enable
optimal DSCM for multi region, high volume and high complexity
manufacturing environment was proposed.
Abstract: In this paper, an inventory model with finite and
constant replenishment rate, price dependant demand rate, time
value of money and inflation, finite time horizon, lead time and
exponential deterioration rate and with the objective of maximizing
the present worth of the total system profit is developed. Using a
dynamic programming based solution algorithm, the optimal
sequence of the cycles can be found and also different optimal
selling prices, optimal order quantities and optimal maximum
inventories can be obtained for the cycles with unequal lengths,
which have never been done before for this model. Also, a
numerical example is used to show accuracy of the solution
procedure.