METAHEURISTICS FOR OPTIMIZING SAFETY STOCK IN MULTI STAGE INVENTORY SYSTEM
Managing the right level of inventory is critical in order to achieve the targeted level of customer service, but it also carries significant cost in supply chain. In majority of cases companies define safety stock on the most downstream level, i.e. the finished product level, using different analyt...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Croatian Operational Research Society
2013-02-01
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Series: | Croatian Operational Research Review |
Subjects: | |
Online Access: | http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=143324 |