The use of stochastic stock model for determination of the optimal quantity of supply

Journal Title: Logistics and Transport - Year 2011, Vol 12, Issue 1

Abstract

This article deals with the use of stochastic model for determination of the optimal quantity of supply of supplier to automotive industry. Today manager’s practice emphasizes the decrease of stocks. The main issues considered in this topic are: the mathematical stochastic stock model to determine the optimal quantity supply.

Authors and Affiliations

Petr Průša, Roman Hruška

Keywords

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  • EP ID EP165407
  • DOI -
  • Views 82
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How To Cite

Petr Průša, Roman Hruška (2011). The use of stochastic stock model for determination of the optimal quantity of supply. Logistics and Transport, 12(1), 83-88. https://europub.co.uk/articles/-A-165407