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Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/1403

Title: Managing Inventory Systems Using Optimization
Authors: Alema-Mensah, Ernest
Issue Date: 5-Oct-2011
Abstract: In managing inventory systems, proper simulation of the inventory or stock levels is very likely to reduce holding cost, losses and improve general customer satisfaction or profit. This thesis aims to investigate simulation optimization of an Inventory Management System. It also discusses Optimal Inventory Policy (cost saving in inventory management and maximizing profit). A mathematical model is used for this purpose. Also a case study adjusts mathematical model to practicality of Toyota Ghana Company Limited business situation.
Description: A Thesis Submitted to the Department of Mathematics, Kwame Nkrumah University of Science and Technology, Kumasi, in partial fulfillment of the requirement for the degree of Master of Science in Industrial Mathematics, Institute of Distance Learning, 2011
URI: http://hdl.handle.net/123456789/1403
Appears in Collections:Distance Learning

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