Sentence examples for inventory variance from inspiring English sources

We conclude with an investigation of trade-offs and optimisations in the order and inventory variance (and their sum) produced by our policy.

Specifically, we analyse the relationships between some reverse logistics' factors (remanufacturing lead-time, return rate of recycled products, reverse order policy, and number of supply chain tiers) on the order and inventory variance amplification.

The results of the simulation study show to what extent the bullwhip effect and the inventory variance increase and amplify when a periodic review order-up-to level policy applies, noting that more benefits generate when coordination starts at downstream echelons.

Next an analytical expression for the variance of the inventory position is derived and used together with the bullwhip expression to determine suitable ordering system designs that minimise both bullwhip and inventory variance for a range of weightings between the two variances.

The Mexican writer provides also a compelling inventory of variances between the American and the Mexican cultures and which render assimilation a challenge.

The comparison between the two policies demonstrates that the 'intuitively' designed proportional policy does not fulfill the objective of controlling both the inventory and ordering variance for all parameter values of the demand model as well as the full-state-feedback policy.

It was also surprising that although performance significantly improved on the concept inventory questions, the variance remained the same before and after the course (Fig. 1b), indicating that the performance of some students did not improve at all.

We show that, when demand is deterministic and supply may be disrupted, using a decentralized inventory design reduces cost variance through the risk diversification effect, and therefore a decentralized inventory system is optimal.

Necessary conditions for an optimum of a weighted sum of the inventory and the ordering variances for both policies are formulated.

The total recoverable and serviceable inventory costs and production order variance are considered as the main performance indicators.

The higher the correlation is between paired observations from the first and second inventory, the smaller is the variance of their difference.