An inventory model with random demand
| Parent link: | Journal of Physics: Conference Series Vol. 803 : Information Technologies in Business and Industry (ITBI2016).— 2017.— [012099, 5 p.] |
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| Main Author: | |
| Corporate Author: | |
| Other Authors: | , |
| Summary: | Title screen The article describes a three-product inventory model with random demand at equal frequencies of delivery. A feature of this model is that the additional purchase of resources required is carried out within the scope of their deficit. This fact allows reducing their storage costs. A simulation based on the data on arrival of raw and materials at an enterprise in Kazakhstan has been prepared. The proposed model is shown to enable savings up to 40.8% of working capital. |
| Language: | English |
| Published: |
2017
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| Subjects: | |
| Online Access: | http://dx.doi.org/10.1088/1742-6596/803/1/012099 http://earchive.tpu.ru/handle/11683/38164 |
| Format: | Electronic Book Chapter |
| KOHA link: | https://koha.lib.tpu.ru/cgi-bin/koha/opac-detail.pl?biblionumber=654374 |
| Summary: | Title screen The article describes a three-product inventory model with random demand at equal frequencies of delivery. A feature of this model is that the additional purchase of resources required is carried out within the scope of their deficit. This fact allows reducing their storage costs. A simulation based on the data on arrival of raw and materials at an enterprise in Kazakhstan has been prepared. The proposed model is shown to enable savings up to 40.8% of working capital. |
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| DOI: | 10.1088/1742-6596/803/1/012099 |