Operations Research, Systems Engineering and Industrial Engineering Commons^™

Innovating Continuous Review Policies With Rfid, Angela Garza

Department of Industrial and Management Systems Engineering: Dissertations, Theses, and Student Research

Inventory accuracy is critical for NASA astronauts in space. In 2004, astronauts onboard the International Space Station (ISS) nearly had to de-man their outpost due to the fact the replenishment of consumables were uncertain. Automated Identification Technologies (AITs) such as Radio Frequency Identification (RFID) can be utilized to minimize the occurrence of situations like this one. RFID has been used to aid inventory management systems by providing real time availability of the item information including location and status. The benefit of RFID over barcodes is immense as it allows users to employ continuous review models. Barcodes are only capable of …

Evaluation Method For Strategic Investments, Olabode Alabi

Department of Industrial and Management Systems Engineering: Dissertations, Theses, and Student Research

Real Options Analysis (ROA) has become a complimentary tool for engineering economics. It has become popular due to the limitations of conventional engineering valuation methods; specifically, the assumptions of uncertainty. Industry is seeking to quantify the value of engineering investments with uncertainty. One problem with conventional tools are that they may assume that cash flows are certain, therefore minimizing the possibility of the uncertainty of future values. Real options analysis provides a solution to this problem, but has been used sparingly by practitioners. This paper seeks to provide a new model, referred to as the Beta Distribution Real Options Pricing …

Rfid-Enabled Inventory Control Optimization: A Proof Of Concept In A Small-To-Medium Retailer, H. Dane, Katina Michael, S. F. Wamba

Dr Samuel Fosso Wamba

This study examines the impact of radio-frequency identification (RFID) technology on the inventory control practices of a small-to-medium retailer using a proof of concept (PoC) approach. The exploratory study was conducted using a single case study of a hardware retailer stocking 5000 product lines provided by 110 active suppliers. To analyze the present mode of operation, procedural documents, semi-structured interviews and a participant observation was conducted. The basis for the proof of concept was a future mode of operation using a quasi-experimental design. Results indicate that in a small-to-medium retail environment, RFID technology could act as a loss prevention mechanism, …

Rfid-Enabled Inventory Control Optimization: A Proof Of Concept In A Small-To-Medium Retailer, H. Dane, Katina Michael, S. F. Wamba

Faculty of Informatics - Papers (Archive)

This study examines the impact of radio-frequency identification (RFID) technology on the inventory control practices of a small-to-medium retailer using a proof of concept (PoC) approach. The exploratory study was conducted using a single case study of a hardware retailer stocking 5000 product lines provided by 110 active suppliers. To analyze the present mode of operation, procedural documents, semi-structured interviews and a participant observation was conducted. The basis for the proof of concept was a future mode of operation using a quasi-experimental design. Results indicate that in a small-to-medium retail environment, RFID technology could act as a loss prevention mechanism, …

Implementing Rfid To Improve Animal Shelter Inventory And Allocation, Adam Mach

Industrial and Manufacturing Engineering

The purpose of this project is to observe the best way to incorporate Radio Frequency Identification (RFID) technology into the animal inventory system present in animal shelters, while also observing the benefits of implementing this system. The Woods Humane Society was used in this project as a sample animal care facility that could benefit from this application.

Many RFID systems can be observed in other industries, but very few examples this technology exist in animal shelters or smaller animal care facilities. Part of the reason for that is because funds are scarce at most animal care facilities, like the Woods …

Application Of Radio Frequency Identification To An Asset Checkout System, Ma'ayan K. Bennaim

Industrial and Manufacturing Engineering

Radio Frequency Identification (RFID) is a growing technology which is increasingly utilized throughout industry. This senior project identifies an RFID alternative to the checkout system in the tool crib of the Cal Poly Aero Hanger. A new database is designed and built to interface with an RFIDeas AIR enroll reader. The system realizes vast time savings in check in times and increases student accountability for the tools which are checked out by tagging tools.