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Abstract Summary of the M.Sc. Thesis Titled Inventory Control Under Uncertainty by Abdel Rahman l\1ohamed Abdel Rahman Hassan Investments in stock items present a major problem to management. The problem becomes even clear in case of uncertainty environments. Inventory control tec!miques especially those which, consider stochastic behavior offer a tool for management to effectively plan theic inventory activities. This thesis presents a single item continuous review stochastic inventory model ( r, Q). The model is structured and designed to account for eight different mcertainty cases. Two policies are considered which are: back orders are allowed and demand not covered from stock is lost These two policies are incorporating two measures of service namely the fraction of demand covered from stock and the average number of shortage occurrences. The Laplace and Logistic distributions are used with the above four cases. These cases are mathematically formulated \vith the objective to minimize the total sum of the ordering, the holding and the shortage costs subject to some constrains. These models are nonlinear and Kulm~ Tucker conditions are used to solve them. A series of experimentations is carried out to test these models such as, the total cost, the reorder point, the reorder quantityJind the service level. Results indicate that the effect ofuncertain~t.v•. i ir. ’n.·ceab···le where the service level is high. The total cost is high and the reo . [quantity is high, The feasible range of quantities is narrow , ;~ service level is lowered - ~. i depending on the distribution adopted. The interrelationships of these elements for the eight cases total cost, the reorder point, the reorder quantityJind the service level. Results indicate that the effect ofuncertain~t.v•. i ir. ’n.·ceab···le where the service level is high. The total cost is high and the reo . [quantity is high, The feasible range of quantities is narrow , ;~ service level is lowered - ~. i depending on the distribution adopted. The interrelationships of these elements for the eight cases |