Michael Boyle is an experienced financial professional with more than 10 years working with financial planning, derivatives, equities, fixed income, project management, and analytics. Economic order ...

Businesses can use the EOQ to figure out the ideal number of units they should order in order to keep costs low. Many, or all, of the products featured on this page are from our advertising partners ...

Many small businesses have their largest single investment in inventory, driven by the owners' desire to meet customers' needs promptly. However, there is a serious downside to this strategy. Dollars ...

QUESTION: For materials that are controlled by the customer, and customers that don’t mind holding excess inventory, what are the key lessons we could use to educate customers about reducing inventory ...

In this paper, optimal inventory lot-sizing models are developed for deteriorating items with general continuous time-varying demand over a finite planning horizon and under three replenishment ...