Students will learn applications of operations research methods to practical problems of production planning and inventory control; forecasting; aggregate planning; deterministic and stochastic ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Inventory control risks affect all companies regardless of how much inventory the company carries. A small business typically has a large amount of its cash tied up in inventory. With such a large ...

Inventory is a major asset on a small business's balance sheet and can tie up the often-limited capital resources for various periods. Effective inventory management control requires businesses to ...

A deterministic, continuous time, nonstationary inventory model is formulated to find the number of orders, the order quantities, and the times at which orders should be placed which minimize the ...