The article describes a three-product inventory model with random demand at equal frequencies of delivery. A feature of this model is that the additional purchase of resources required is carried out within the scope of their deficit. This fact allows reducing their storage costs. A simulation based on the data on arrival of raw and materials at an enterprise in Kazakhstan has been prepared. The proposed model is shown to enable savings up to 40.8% of working capital.
|Journal||Journal of Physics: Conference Series|
|Publication status||Published - 2017|
|Event||International Conference on Information Technologies in Business and Industry 2016 - Tomsk, Russian Federation|
Duration: 21 Sep 2016 → 23 Sep 2016
ASJC Scopus subject areas
- Physics and Astronomy(all)