Inventory Cost Optimization Strategy: For High Tech Products - Softcover
Due to the advanced technology, high tech industries must invest in new product development to sustain market demand and development. Cost management and control have always been important issues for enterprise especially in controlling inventory holding, shipment and warranty costs. This study develops an inventory cost model and explores the effect of three variables on the cost of high tech products. The three variable costs are (1) inventory holding cost, (2) shipment cost, and (3) warranty cost. Ability to measure accurately the cost incurred will allow the right value for the product to be set. The estimation of value from the customer's point of view is central to the determination of market offerings. Inventory models with deterioration, season pattern demand, and expiration date have received very little attention from researchers. Decreasing selling price for a market has received little attention in the past years. This study deals with the above problems and considers supplier involvement in high tech product development. This study also proposes the concept of Economic shipment cost and product warranty to the shipment and marketing strategy.
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About the Author:
Dr.Ping-Hui Hsu is an Associate Professor in the Department of Business Administration at De Lin Institute of Technology in Taiwan. He received a PhD in Industrial Engineering from Chung Yuan Christian University . His research interests are in the fields of production/inventory control, optimization, operation research and supply chain management.
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- PublisherLAP LAMBERT Academic Publishing
- Publication date2012
- ISBN 10 3848406918
- ISBN 13 9783848406913
- BindingPaperback
- Number of pages108
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Book Description Taschenbuch. Condition: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Due to the advanced technology, high tech industries must invest in new product development to sustain market demand and development. Cost management and control have always been important issues for enterprise especially in controlling inventory holding, shipment and warranty costs. This study develops an inventory cost model and explores the effect of three variables on the cost of high tech products. The three variable costs are (1) inventory holding cost, (2) shipment cost, and (3) warranty cost. Ability to measure accurately the cost incurred will allow the right value for the product to be set. The estimation of value from the customer's point of view is central to the determination of market offerings. Inventory models with deterioration, season pattern demand, and expiration date have received very little attention from researchers. Decreasing selling price for a market has received little attention in the past years. This study deals with the above problems and considers supplier involvement in high tech product development. This study also proposes the concept of Economic shipment cost and product warranty to the shipment and marketing strategy. 108 pp. Englisch. Seller Inventory # 9783848406913
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Inventory Cost Optimization Strategy : For High Tech Products
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Book Description Taschenbuch. Condition: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Due to the advanced technology, high tech industries must invest in new product development to sustain market demand and development. Cost management and control have always been important issues for enterprise especially in controlling inventory holding, shipment and warranty costs. This study develops an inventory cost model and explores the effect of three variables on the cost of high tech products. The three variable costs are (1) inventory holding cost, (2) shipment cost, and (3) warranty cost. Ability to measure accurately the cost incurred will allow the right value for the product to be set. The estimation of value from the customer's point of view is central to the determination of market offerings. Inventory models with deterioration, season pattern demand, and expiration date have received very little attention from researchers. Decreasing selling price for a market has received little attention in the past years. This study deals with the above problems and considers supplier involvement in high tech product development. This study also proposes the concept of Economic shipment cost and product warranty to the shipment and marketing strategy. Seller Inventory # 9783848406913
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Book Description Kartoniert / Broschiert. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Hsu Ping-HuiDr.Ping-Hui Hsu is an Associate Professor in the Department of Business Administration at De Lin Institute of Technology in Taiwan. He received a PhD in Industrial Engineering from Chung Yuan Christian University . His re. Seller Inventory # 5519966
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