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Optimal investment levels to eliminate inventory inaccuracy in a two-level supply chain
(Istanbul Technical Univ, 2007)
Inventory inaccuracy is a major problem in supply chains. RFID technology is anticipated to alleviate this problem at the expense of the required hardware and software investment. For a supply chain consisting of single ...
Probability distributions and variances of quadratic loss functions
(2006)
The use of quadratic loss functions has been advocated in quality engineering and experimental design for process optimization and robust design. We derive theoretical density functions and variances for nominal-the-best, ...