Stochastic Model of Inventory Control

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62690094%3A18450%2F16%3A50004916" target="_blank" >RIV/62690094:18450/16:50004916 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Stochastic Model of Inventory Control

Original language description

Optimizing inventory control belongs to fundamental optimization tasks of management of various companies. If some of the variables of the inventory control problem have a stochastic character, it is useful to simulate the problem and subsequently accomplish analysis of obtained data. Such an analysis allows to choose the optimal inventory control. The present paper describes one of the possible variants of solving such a problem. First, the selected model of inventory management is described and then its implementation in MATLAB is characterized. Finally, the selected parameters for a particular simulation are specified and an essential description of gained data are presented.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

BB - Applied statistics, operational research

OECD FORD branch

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Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2016

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

IBIMA 2016

ISBN

978-0-9860419-6-9

ISSN

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e-ISSN

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Number of pages

5

Pages from-to

707-711

Publisher name

IBIMA

Place of publication

New York

Event location

Milano

Event date

May 4, 2016

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000381172300080