Science Masters and Research Methodologies Topic: Mathematics in Production and Inventory Control Thesis Statement: How can mathematics be used to enhance the production and also control the inventory. Argument Rigour: Use of maths in the daily life in order to improve the quality and efficiency of daily life is common. The formulas and theories of maths used in practical life, can be used by the business companies to get better knowledge about the sales and manufacturing unit of the organization. Maths can be used in the production and inventory control process, which is used to determine the expected outcome of the company at the end of each fiscal year. It is important to have a clear idea about the importance of maths, its formulas and techniques that are used in the production unit, to get a better understanding of the subject. The branch of applied maths is one of the major parts of the modern day industrial department of manufacture that is used for better understanding of the knowledge related to the requirements of the raw materials (Kovar 2016). The complex and sophisticated formulas that are used in the maths can be used in the terms related to business analytics and also help in the process of future production of the manufacturing unit. Reys et al. (2016), have mentioned about the importance of data that are used in the manufacturing unit of an industry. The data that are used in the production unit are used as a part, can be stored as in the latest database and can be accessed for future reference. When required the industrial analyst uses this stored data from databases along with the mathematical formulas to process and gain knowledge from the data. This data can help the business executives to make plans for the future of the company and also prepare policies for the marketing strategy. The logistics and the warehouse use the math formulas to increase the efficiency and thereby enhance quality of performance. This process was initiated from the year 1950, which helps in better delivery of products. According to Pinheiro and Hamacher (2015), the linear programming formulas is used as part of the algorithms and designing techniques for the production unit. All the large-scale business units are making use of the entry level maths formulas, to better understand the business analysis process. With the help of effective mathematical formulas, it is possible to develop the scientific critical evaluation process of the production unit of an industry. It is important for the stakeholders of the company to understand the importance of the application of scientific evaluation process. In this context, English and David (2015) have stated that the area of mathematical arrangement is interesting as it helps to combine formulas of maths, statistics along with the values of computer science. The engineering formulas can also be applied in the context that it will help to deal with matters related to the formulas used in the operational management. The mathematical economics is the department of education, which primarily helps in the areas related to the production unit of the industry. Different formulas of geometry, calculus and algebra can be used in the overall process (Fernandes et al. 2016). One of the major advantages of the use of the mathematical formulas is that it can help in the understanding the logics and formulation process. There are many random variables that are used in the overall process, which can be significant in the process of formulation, that is needed in the production unit. With the help of the mathematical formulas, it is possible to deal with all the random values related to the production unit of an industry (Yu et al. 2014). Inventory Control It is possible to control the stock values of a company with the help of inventory control, which helps to deal with the operational management of a company. It is the duty of most of the company operations, to deal with the subject related to the values of stocks and other sales related matters. With the incorporation of mathematics in inventory control, issues relating to the profit level of the company as well as other related matters which are important for the functioning of the company can be resolved (Frisch 2014). The term related to stock control system helps to predict the future condition of the market and theories related to the inventory deal with matters relating to the operational research of the company. The scientific modes of theories related to inventory can be formulated using the mathematical formulas that can help to deal with matters related to inventory control. Furthermore, it is possible to have optimal inventory policies which help to deal with the models related to the inventory practice. The mathematical formulas can also help to deal with matters related to the information processing system, which helps to maintain the records related to the inventory practice. The information of the current inventory practice can help to deal with various investment levels, responsible for the application of the various business policies. With the help of mathematical formulas, it is also possible to deal with the replenishment of the inventory. There are mainly two types of model that can be used as the mode of replenishment, which includes stochastic and deterministic model. The mathematical formulas help to estimate the demand of the certain products related to inventory and with the help of information in the inventory unit, it is possible to create policies related to the production unit of a company. Hence, from the statistical data that is obtained, it is possible to predict the future trends of a company. The demand of a certain products in the market can be predicted with the help of related formulas related to the inventory. The deterministic model is used during the time, when the demand can be predicted. On the other hand, in case of the stochastic model, it is not possible to make prediction of the future demand. It can be said in the context that with the help of the mathematical formulas, it is possible to include more parameters of production within the deterministic model (Michalski 2013). With the help of the further research it is possible to explore the application of theoretical formulas of maths in the matters related to the production and inventory. This will help all business organization to predict the future market trends and deal with the matters related to future sales and also future level of profit. The cost that may be involved in the overall process of production can also be predicted with the help of the theory equations of maths. The company can also discover ways to enhance the rate of the production unit, minimizing cost of production, while maintaining customer demand, which will help in the manufacturing process. It is essential for a company to ensure that they produce in the bulk amounts, which can reduce the per unit cost of materials. Thus, the cost of production can be compromised. Hence, it can be said the research work related to the application maths in the production and inventory will help in the matters related to improvement of the business process and ensure that future of a company is stable as it aims to improve upon the sales record and ensure that proper data and information are used and processes of securing the future of the company. The applications of maths formulas and equations can be used to control the overall process of manufacturing and production of a company. The jobs that are dedicated in the inventory control require high level of knowledge in the mathematics department, thus creating an importance for the need of maths in production and inventory control. Analysis: a) The title of this research is Use of Maths in Production and Inventory Control. The questions which can be asked are: 1.Why is Math important and how can it be used in the production industry? The Importance of Math has been explained clearly in the entire introduction, many examples and uses of math formulas have been written to stress the importance of math. The third paragraph clearly, states how data used during production process, can be stored and later used by industrial analyst along with mathematical formula to increase rate and efficiency of production. 2. How is Math used in Inventory Control? Math can be used in Inventory Control to predict the future demands of the market basically, through inventory practices and using of either Stochastic or Deterministic models. These models have been explained in paragraph 7 and which model is more realistic to predict the future more accurately. 3. How can mathematical models help business develop in the future? Paragraph 8 clearly explains that by incorporating mathematical models along with the data used in an industry, it is possible develop new business policies and plans for improving the financial situation of the company. In paragraph 8, one such way of reducing cost of production is stated by producing amount in bulk, while meeting quality and customer demand on time. 4. How can mathematics be used to enhance the production? From paragraph 8, it is clearly stated how production process can be enhanced b) Thesis statement: How can mathematics be used to enhance the production c) Argument stages: 1. The formulas and theories of maths used in practical life, can be used by the business companies to get better knowledge about the sales and manufacturing unit of the organization. 2. (i) Reys et al. (2016), have mentioned about the importance of data that are used in the manufacturing unit of an industry. The data that are used in the production unit are used as a part, can be stored as in the latest database and can be accessed for future reference. (ii) According to Pinheiro and Hamacher (2015), the linear programming formulas is used as part of the algorithms and designing techniques for the production unit (iii) The demand of a certain products in the market can be predicted with the help of related formulas related to the inventory. The deterministic model is used during the time, when the demand can be predicted. On the other hand, in case of the stochastic model, it is not possible to make prediction of the future demand. It can be said in the context that with the help of the mathematical formulas, it is possible to include more parameters of production within the deterministic model (Michalski 2013). 3. With the help of the further research it is possible to explore the application of theoretical formulas of maths in the matters related to the production and inventory. This will help all business organization to predict the future market trends and deal with the matters related to future sales and also future level of profit. The cost that may be involved in the overall process of production can also be predicted with the help of the theory equations of maths. The company can also discover ways to enhance the rate of the production unit, minimizing cost of production, while maintaining customer demand, which will help in the manufacturing process. 4. discover ways to enhance the rate of the production unit, minimizing cost of production, while maintaining customer demand 5. (i) Reys et al. (2016), have mentioned about the importance of data that are used in the manufacturing unit of an industry. The data that are used in the production unit are used as a part, can be stored as in the latest database and can be accessed for future reference. (ii) The cost that may be involved in the overall process of production can also be predicted with the help of the theory equations of maths. The company can also discover ways to enhance the rate of the production unit, minimizing cost of production, while maintaining customer demand, which will help in the manufacturing process. It is essential for a company to ensure that they produce in the bulk amounts, which can reduce the per unit cost of materials. Thus, the cost of production can be compromised. d) Referencing Style: Chicago Information prominent referencing as it gives more information to the reader, from where the article has been taken from and which journal has it been written in. e) Analysis of the paragraph 1. The first sentence in paragraph 1 justifies the importance of math in daily life, while explaining that it can also be incorporated in any industry. By using mathematical formulas along with the data available, it is possible to improve the working and financial efficiency of a company as well as predict future demands. 2. The first paragraph explains how Math is important in our daily and can also be incorporated in Industries and different ways are discussed where math formulas can be combined with industrial data to achieve better and improved performance of companies or units. Later, the use of math in inventory control is explained and how it can be used to predict future trends in business using different mathematical is stated here. Finally, the need for math is stressed upon and explained how beneficial these mathematical formulas can be to big or small companies by optimizing their cost and production. 3.The purpose of the topic is to give the reader an idea about how crucial math can be in production and inventory control. The Body explains about various uses of maths in manufacturing industry as well as how these formulas incorporated with industrial data can help companies, industrial analysts as well as business executives, create plans, policies as well as other strategy to improve the condition of the firm. Furthermore, the use and importance of math in inventory control is explained and how it can be used to predict future demand using mathematical models is explained. The transition of the article is achieved by firstly stating the need for math in an industry and explaining the different ways it can be used in the industry. Then by giving certain examples, where, how and who can use it, the need for math is justified. In addition, to that the benefits of math in inventory control and production industry is also explained. Conclusion of the article just gives the reader an overview of how important math is from the industrial and business point of view. The use of math can reduce time of production, increase efficiency of production and enhance performance, which are desired characteristics in any manufacturing industry. 4. The references in the paragraphs are placed at the start, middle as well some at the end of the paragraph. The reason, being at some context they provide a better reasoning and claim why the use of math is important and explain how math with the help of data can help industries perform better. Reference English, Lyn D., and David Kirshner, eds. “Handbook of international research in mathematics education”. Routledge, 2015. Fernandes, Filipe Santos. "HISTORY OF SCIENTIFIC AND ACADEMIC PRODUCTION IN MATHEMATICS EDUCATION: REPRESENTATION, INSTITUTION AND POLICY." Philosophy of Mathematics Education Journal 31 (2016). Frisch, Michael B. "Quality-of-life-inventory." In Encyclopedia of Quality of Life and Well-Being Research, pp. 5374-5377. Springer Netherlands, 2014. Kovar, Justin. 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