Experimental investigation of the inventory rationing policy

• Main Author: Ng, Huat Keong.
• Other Authors: Rajesh Piplani
• Format: Final Year Project
• Language: English
• Published: 2009
• Subjects: DRNTU::Engineering::Manufacturing::Inventory control
• Online Access: http://hdl.handle.net/10356/18964
• Institution: Nanyang Technological University

Rationing of inventory gains recognition as a method to maximize profit in a few industries, for example the hotel management and airline industry. The classical application of inventory rationing is in the airline industry, with the inventory being the airline seats which is perishable, and the cus...