Inventory Optimization using Simulation Approach

Inventory creates a significant cost to a firm in the form of the ordering cost, shortage cost, holding cost and also the cost of the goods itself. Managing inventory is always a big challenge for firms in order to balance these operating costs and maintain customer’s service. In this paper, a case...

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Formato: article
Lenguaje:EN
Publicado: Faculty of Computer and Mathematical Sciences, Universiti Teknologi MARA Perlis 2018
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Acceso en línea:https://doaj.org/article/34c88ba4f64341a68636f51f42aee2f2
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