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3 articles for “equipment inventory”
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QR Code Application for Hardware Devices
Abstract: There are numerous variations of QR code symbols, including logo QR codes, encrypted QR codes, and iQR Codes, so users can select one that best suits their needs. A QR code is used these days in a variety of application streams linked to marketing, security, academia, etc., and is rapidly gaining popularity. More people are becoming aware of this technology and using it appropriately daily. With the increase in smartphone …
Published in International Journal of Electronics Automation · Vol. 1, Issue 1, 2023 · pp. 14–21 Read article
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Comparative Performance Study: Deterministic vs. Probabilistic Models in Retail Chains
Abstract: The finished goods, raw materials, and product stock that a business has on hand for sale are referred to as inventory. They enable the companies to achieve their sales levels and are a chance to cost control and decision making. It is a huge asset to a manufacturing firm. Inventory model permits forecasting of quantities of raw material, inventory and spare parts of the equipment to a very high level …
Published in Recent Trends in Mathematics · Vol. 2, Issue 1, 2025 · pp. 1–6 Read article
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Time Series Sales Forecasting Using ARIMA Model
Abstract: Sales forecasting is a critical application in various industries and presents one of the most challenging problems worldwide. One method of prediction involves identifying patterns in historical data, where the outcome is known in advance and can be validated using more recent data. If a pattern consistently leads to the same outcome, it can be considered a genuine relationship. This method is highly flexible and can be utilized with diverse …
Published in International Journal of Algorithms Design and Analysis Review · Vol. 2, Issue 1, 2024 · pp. 17–27 Read article