An important issue in the management of supply chains and manufacturing systems is to control inventory costs at different locations throughout the system while satisfying an end-customer ...

Queueing-Inventory Systems represent a critical integration of queueing theory and inventory management, merging the stochastic nature of customer arrivals and service times with the practical ...

Companies that manufacture and sell tangible goods, or resell products from other firms, must track and manage potentially hundreds of thousands of units of inventory. Using systems to control ...