Decision Making in Inventory Management (Inventory Optimization)

Contents
Editors and Contributors
1 Upper-Lower Bounds for the Profit of an Inventory System Under Price-Stock Life Time Dependent Demand
	1.1 Introduction
	1.2 Notations and Assumptions
		1.2.1 Notations
		1.2.2 Assumptions
	1.3 Mathematical Model
		1.3.1 Optimal Solution
	1.4 Numerical Validation
	1.5 Sensitivity Analysis
	1.6 Conclusion
	References
2 An Inventory Model for Stock and Time-Dependent Demand with Cash Discount Policy Under Learning Effect and Partial Backlogging
	2.1 Introduction
	2.2 Assumptions
	2.3 Notations
	2.4 Mathematical Modelling
	2.5 Associated Costs
	2.6 Permissible Delay
	2.7 Unit Time Profit
	2.8 Numerical Example
	2.9 Sensitivity Analysis
	2.10 Observations
	2.11 Conclusions
	References
3 Impact of Inflation on Production Inventory Model with Variable Demand and Shortages
	3.1 Introduction
		3.1.1 Our Contribution
	3.2 Assumptions
	3.3 Notations
	3.4 Mathematical Modelling
	3.5 Cost analysis
		3.5.1 Solution Procedure
	3.6 Numerical Example
	3.7 Sensitivity Analysis
	3.8 Observations
	3.9 Conclusion
	References
4 Effect of Credit Financing on the Learning Model of Perishable Items in the Preserving Environment
	4.1 Introduction
	4.2 Assumptions and Notations
		4.2.1 Assumptions
		4.2.2 Notations
	4.3 Mathematical Formulation
		4.3.1 Algorithm
		4.3.2 Numerical Example
		4.3.3 Sensitive Analysis and Discussion Part
	4.4 Conclusion
	References
5 An Inventory Policy for Maximum Fixed Life-Time Item with Back Ordering and Variable Demand Under Two Levels Order Linked Trade Credits
	5.1 Introduction
	5.2 Notations and Assumptions
		5.2.1 Notations
		5.2.2 Assumptions
	5.3 Mathematical Model
	5.4 Numerical Examples with Sensitivity Analysis
		5.4.1 Numerical Examples
		5.4.2 Sensitivity Analysis
	5.5 Conclusion
	References
6 Inventory Policies for Non-instantaneous Deteriorating Items with Random Start Time of Deterioration
	6.1 Introduction
	6.2 Assumptions and Notations
	6.3 Mathematical Model
	6.4 Numerical Example
	6.5 Conclusion
	References
7 An Inventory Model for Deteriorating Items with Constant Demand Under Two-Level Trade-Credit Policies
	7.1 Introduction
	7.2 Literature Review
	7.3 Notations and Assumptions
	7.4 Mathematical Model
	7.5 Computational Algorithm
	7.6 Numerical Example and Sensitivity Analysis
	7.7 Conclusion
	References
8 Supply Chain Coordination for Deteriorating Product with Price and Stock-Dependent Demand Rate Under the Supplier’s Quantity Discount
	8.1 Introduction
	8.2 Literature Review
		8.2.1 Inventory Models Considering Variable Demand
		8.2.2 Inventory Models Assuming Price Dependent Demand
		8.2.3 Inventory Models with Stock-Dependent Demand
		8.2.4 Deteriorating Products
		8.2.5 Supply Chain Coordination
		8.2.6 Inventory Models with Quantity Discount
	8.3 Mathematical Modelling and Analysis
	8.4 Solution Procedure
	8.5 Numerical Example
		8.5.1 Sensitivity Analysis
	8.6 Conclusions
	Appendix
	References
9 An Integrated and Collaborated Supply Chain Model Using Quantity Discount Policy with Back Order for Time Dependent Deteriorating Items
	9.1 Introduction
	9.2 Notations and Assumptions
		9.2.1 Notations
		9.2.2 Assumptions
	9.3 Model Formulation
		9.3.1 Model-1: Without Quantity Discount
		9.3.2 Model-2: With Quantity Discount
	9.4 Computational Algorithm
	9.5 Numerical Example
	9.6 Conclusion
	References
10 A Wine Industry Inventory Model for Deteriorating Items with Two-Warehouse Under LOFO Dispatching Policy Using Particle Swarm Optimization
	10.1 Introduction
	10.2 Associated Works
	10.3 Assumption and Notations
	10.4 Wine Industry Inventory Model Mathematical Formulation and Analysis
	10.5 Particle Swarm Optimization
	10.6 Numerical Analysis
		10.6.1 Numerical Comparison Between Two Cases of the Model
	10.7 Sensitivity Analysis
	10.8 Conclusions
	References
11 Integrated Lot Sizing Model for a Multi-type Container Return System with Shared Repair Facility and Possible Storage Constraint
	11.1 Introduction
	11.2 Literature Review
	11.3 Model Development
		11.3.1 Model Assumptions
		11.3.2 Notations
		11.3.3 Model Derivation
		11.3.4 Proof of Optimality
	11.4 Solution Algorithm
	11.5 Numerical Examples
	11.6 Conclusion
	References
12 Inventory Management Under Carbon Emission Policies: A Systematic Literature Review
	12.1 Introduction
	12.2 Research Methodology
	12.3 Descriptive Statistics
		12.3.1 Year Wise Publications
		12.3.2 Contributions by Journals
		12.3.3 Contributions by Countries
		12.3.4 Distribution of Carbon Emission Causes
		12.3.5 Distribution of Carbon Emission Policies
		12.3.6 Distribution of Demand Functions
	12.4 Literature Review
	12.5 Carbon Emission Policies
		12.5.1 Carbon Cap
		12.5.2 Carbon Tax
		12.5.3 Carbon Cap-And-Trade
		12.5.4 Carbon Offset
		12.5.5 Carbon Reduction Investment
		12.5.6 A Sample Mathematical Model
	12.6 Summary
	12.7 Concluding Remarks
	References
13 Application of Triangular Fuzzy Numbers in Taking Optimal Decision
	13.1 Introduction
	13.2 Urban Transport
	13.3 Passenger Transport Services
	13.4 Methodology
	13.5 Analysis with TFNs
	13.6 Applications
	13.7 Conclusion
	References