Investments in modern production technology and the cash flow-oriented EPQ-model

Article Abstract:

A traditional inventory problem, which concerns desirable capital investments and production processes, was considered to evaluate investments in setup and production processes. A cash flow-oriented economic production quantity model was used in conjunction with a cost-oriented model for comparison. Results show that effectiveness of options are significantly affected by manufacturing strategies in both setup and production processes.

Production Management, Investment analysis, Securities analysis, Production control

---

Variance laws for inventory management

Article Abstract:

The use of the compound Poisson distribution in inventory management forecasting is best when demand is stochastic and random. This setup is warranted, however, only when the temporal distribution of mean demands is infinitely indivisible. The Poisson distribution measure undertakes the estimation of demand variance according to a functional relationship that relates the variance to its mean.

Methods, Forecasting, Demand (Economics)

---

Similar abstracts:

• Abstracts: Stability problems in inventory theory. The implementation and use of material requirements planning system in Northern Greece: a case study

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.