Efficient Learning Algorithms for the Best Capped Base-Stock Policy in Lost Sales Inventory Systems Periodic review, lost sales inventory systems with lead times are notoriously challenging to ...

Queueing-Inventory Systems represent a critical integration of queueing theory and inventory management, merging the stochastic nature of customer arrivals and service times with the practical ...

This paper describes the development of a continuous-review (s, S) inventory model with complete backordering and state-dependent, stochastic leadtimes. The demand on the inventory system is assumed ...

This paper investigates the dynamic inventory model for the case when production in a period is restricted to a finite set of specified values. The model allows the production rate to be any value in ...

Inventory management and supply chain optimisation form the backbone of modern commercial operations, ensuring that products are available where and when they are needed while minimising costs and ...

Your ERP isn’t broken — it’s just outdated, because inventory accuracy still depends on stopping the factory instead of ...

This program is offered by the Department of Management Science and Information Systems (MSIS). It is the continuation of the previous concentration in Management Science and the program of Operations ...

Business managers face an endless list of complex issues every day. They must make decisions about financing, where to build a plant, how much of a product to manufacture, how many people to hire, and ...