A SYSTEM DYNAMICS MODEL TO DETERMINE THE VALUE OF INVENTORY HOLDING COST
Traditionally, Inventory Holding Cost (IHC) is assumed to be a combination of several costs and determined by the summation of these cost components. Several authors have suggested that the value of IHC ranges between 12-50% of the procurement cost of an item. However, due to the absence of a gener...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Alma Mater Publishing House "Vasile Alecsandri" University of Bacau
2020-07-01
|
| Series: | Journal of Engineering Studies and Research |
| Subjects: | |
| Online Access: | https://jesr.ub.ro/1/article/view/213 |