TY - JOUR
T1 - Y77Inventory Management Model: A New EOQ Approach for Risk Management
AU - Mansour, Aly
AU - Eleswed, Muath
AU - Al-Salem, Athmar
PY - 2015
Y1 - 2015
N2 - The purpose of this study was to introduce the Yousef77 Inventory Management Model (Y77IMM) as a new
economic order quantity EOQ approach for risk management enhancement. A mixed-method approach using
grounded theory and descriptive statistics was utilized to develop the Y77IMM that was applied more than 4000
years ago. Results of the study show that the Y77IMM is efficient, flexible, adaptive, and efficiently able to
forecast needed demands. Thus, the study suggests a full utilization of the Y77IMM. Finally, based on the results,
implications and recommendations for further study were made.
AB - The purpose of this study was to introduce the Yousef77 Inventory Management Model (Y77IMM) as a new
economic order quantity EOQ approach for risk management enhancement. A mixed-method approach using
grounded theory and descriptive statistics was utilized to develop the Y77IMM that was applied more than 4000
years ago. Results of the study show that the Y77IMM is efficient, flexible, adaptive, and efficiently able to
forecast needed demands. Thus, the study suggests a full utilization of the Y77IMM. Finally, based on the results,
implications and recommendations for further study were made.
UR - https://dspace.auk.edu.kw/handle/11675/7694
M3 - Article
VL - 6
SP - 123
EP - 129
JO - International Journal of Business and Social Science
JF - International Journal of Business and Social Science
IS - 5
ER -