Journal of Accounting and Management Information Systems (JAMIS)

Inventory optimization through simulation

11-12/2005 ,   p218..224

Ofelia Ema ALECA

Keywords:   Inventory optimization, simulation, simulation model

Society’s complexity and dynamism determine a lot of risks attached to the decisional process. In the process of producing physical goods inventories’ planning is a very important problem for up to date production. In order to prevent the risk due to the multitude of factors which influence the economic and financial activity it’s necessary to create a number of simulations for choosing the optimum.