Increasing Efficiency in Inventory Control of Products with Sporadic Demand Using Simulation

The goal of this paper is to examine whether, in Q-system inventory control policy, a combination of the reorder point exceeding order quantity leads to minimal holding and ordering costs when dealing with sporadic demand. For this purpose, a past stock movement simulation is applied to a set of ran...

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Bibliographic Details
Main Authors: Katerina Huskova, Jakub Dyntar
Format: Article
Language:ces
Published: Prague University of Economics and Business 2022-08-01
Series:Acta Informatica Pragensia
Subjects:
Online Access:https://aip.vse.cz/artkey/aip-202202-0007_increasing-efficiency-in-inventory-control-of-products-with-sporadic-demand-using-simulation.php