{"product_id":"some-problems-in-inventory-management-von-suddha-sankar-dutta","title":"Some Problems In Inventory Management","description":"\u003cp\u003eInventory management is maintenance of physical  stock of goods to meet future demands for efficient functioning of a management system. The present work  considers inventory control problems for the  following situations: (a) The case of an item with  an acceptable substitute for some of the customers,  when the original is out of stock and when (b) the  two items are mutually substitutable.  (c) Stocking  cum pricing system, considering the effect of  consumer behavior subject to pricing. (d) The case  of single discount offers. (e) The case of randomly  fluctuating price as seen in open markets. Dynamic  set up with fluctuating procurement cost and varying  demand densities over different periods is studied.  (f) Estimation from of censored demand or sales data  is studied for the newsboy problem.(g) The  robustness of the newsboy model and the periodic  review inventory model are examined for modelling  error that is when the demand distribution is  incorrectly estimated.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838394404\"\u003e\u003ch3\u003eSome Inventory Models: Optimality, Estimation, Robustness\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838394404","offer_id":40213547581533,"sku":"9783838394404","price":59.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/85d939ba-d592-46d0-8b66-487c26c5d615.jpg?v=1773123357","url":"https:\/\/shop.autorenwelt.de\/products\/some-problems-in-inventory-management-von-suddha-sankar-dutta","provider":"Autorenwelt Shop","version":"1.0","type":"link"}