Modification and Analysis of APIOBPCS Model using Inventory Control

The present work is an attempt to consider the inventory control with the application of control system theory where obtaining feedback, drawing conclusions and implementation becomes an integral part of control without any time gap. The analyses of the results obtained by control system are also helpful in determining some objective oriented mathematical formulations used in decision making for the betterment of the performance. These formulations provide a criterion to prevent deterioration of situation beyond a certain level and then a platform to improve the situation. This can also be taken as a process of continuous improvement because precision of implementation of the proposed diagram can be improved for a particular industry by adding more and more past data as input information.

Autorentext

Roopa Singh completed her M. Tech degree program in the Department of Production Engineering from the Pant College of Technology, GBPUA&T, Pantnagar-263 145 Uttarakhand in 2013. Roopa has a meritorious record during her academic years. She has three (03) original research paper on her credit. She is currently preparing for Civil Services Exam.