Book

Description

Mathematical modeling and optimization is at the forefront of making optimal decisions in manufacturing, health, energy, education and numerous other sectors of the economy. Quantitative approaches are continuously needed to assist managers, policy makers and planners in various sectors at the local, regional and global of the economy contexts. The study of inventory optimization undertaken can assist manufacturers, supermarkets, supply chain analysts and decision makers to investigate potential loopholes in operations in order to favorably compete and attain optimal cost-effective inventory levels that can sustain business operations.