Inventory cost framework for managing the petroleum product reorder point and order quantity policies
This work developed the optimal inventory cost framework for managing the reorder-point and order quantity policies of a petroleum products service station experiencing frequent inventory outages. The specific objectives of the study include formulating an optimal cost model for evaluating inventory...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2018-01-01
|
| Series: | Cogent Engineering |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1080/23311916.2018.1558475 |