Managing Inventory Systems Using Optimization

dc.contributor.authorAlema-Mensah, Ernest
dc.date.accessioned2011-10-05T11:15:42Z
dc.date.accessioned2023-04-19T03:38:35Z
dc.date.available2011-10-05T11:15:42Z
dc.date.available2023-04-19T03:38:35Z
dc.date.issued2011-10-05
dc.descriptionA 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.en_US
dc.description.abstractIn 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.en_US
dc.description.sponsorshipKNUSTen_US
dc.identifier.urihttps://ir.knust.edu.gh/handle/123456789/1403
dc.language.isoenen_US
dc.titleManaging Inventory Systems Using Optimizationen_US
dc.typeThesisen_US
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