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