Inventory optimization through simulation
11-12/2005 , p218..224
Author(s):
Ofelia Ema ALECA
Keywords:
Inventory optimization, simulation, simulation model
Abstract:
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.
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