The continuous inventory system, also known as the perpetual inventory system, is used in businesses that want to automatically update their accounting records after each transaction. This is in ...

If you work in retail, inventory review is a must. You need to know how much inventory you have so you know when and what to reorder. Accurate accounting also needs inventory counts so you can ...

We propose a sample-average-approximation-based simulation optimisation approach for solving a two-echelon inventory problem containing a total cost objective function and multiple service-level ...

Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...