Inventory plays very important role in supply chain to drive the supply chain performance. Inventory is an excess amount of stocks stored to meet unpredicted variation in demand. The book gives a self contained introduction to inventory management and optimal ordering, production and transfer strategies for deteriorating inventory system. The book includes following features:- Deteriorating Inventory Models in Demand Declining Market Shortages- Partial Trade Credit Policies with Time Dependent Demand- Transfer Ordering Strategy - Production Schedule for an Imperfect Production Schedule