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New Model Revolutionizes Inventory Management with Up to 86% Cost Savings

Summary by thefinancialanalyst.net
A recent study published in the journal “Industrial Management” introduces a cutting-edge simulation-based optimization model aimed at enhancing the demand-driven material requirements planning (DDMRP) approach. This research, led by Ph.D. candidate Maryam Younespour from the University of Isfahan, addresses a critical issue in inventory management: how to effectively balance inventory costs while… Source
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