Inventory Control & Production Planning: A Researcher's Guide
Monami Das Roy
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Inventory Control & Production Planning: A Researcher's Guide

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Inventory Management is a vital part of a large scale as well as small scale business. The present work consists of a number of real life inventory problems for different types of demand pattern such as: deterministic, price sensitive, stochastic, etc. In my book, I have mainly tried to highlight two common phenomena which are often occurred in market place: (a) existence of imperfect quality items in ordered lot size or in production lot and (b) occurrence of shortages. Besides these, I have also emphasized on market goodwill and backlogging. For maintaining brand image in market it is assume...